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How to Buy Bitcoin & Crypto with Allianz Bank

How to Buy Bitcoin & Crypto with Allianz Bank

Andrew Chen
Fact Checked
Aug 7, 2022

Summary: The best and easiest way to buy cryptocurrencies with an Allianz bank account is by going through the eToro exchange. eToro is available, regulated and licensed to operate in over 60 countries. On eToro you can purchase crypto, stocks, commodities, currencies, ETFs & indices.

Table of Contents

Platform Highlights

Can I Buy Crypto on Allianz?

Unfortunately, Allianz Bank does not offer a digital asset investing feature on its platform. This is because it has not acquired the appropriate licensing operate a cryptocurrency exchange. Not to worry, there a safe alternative methods to investing in crypto with an Allianz Bank account.

Simply transfer funds from Allianz Bank to a secure, licensed and regulated cryptocurrency exchange and buy tokens directly on the platform. eToro is the best cryptocurrency exchange in Europe and offers over 2000 assets to invest in over 6 asset classes. To learn more about eToro, we recommend visiting our eToro Review.

eToro Discover Crypto Page.
eToro Discover Crypto Page.

How to Buy Bitcoin with Allianz Bank

This guide shows investors the easiest way to buy cryptocurrencies with an Allianz Bank account. In this method, we will deposit funds via credit/debit card, but you can also choose to use bank transfer, PayPal, Skrill & Neteller. Follow the steps to get started. 

  1. Create an account on eToro and complete the sign-up process. 
  2. Click ‘Deposit Funds’ on the home page and deposit via ‘Credit/Debit Card’.
  3. Your funds will be instantly credited, search for ‘Bitcoin’ and tap ‘Trade’.
  4. Enter the amount you want to invest and select ‘Open Trade’.
How to Buy Bitcoin with Allianz Bank.
How to Buy Bitcoin with Allianz Bank.

Is it expensive to purchase Cryptocurrencies with Allianz?

This depends on what cryptocurrency investing platform you use, most exchanges will typically charge two fees to buy tokens, the deposit & trading fee. On eToro it is free to deposit through bank transfer and credit/debit card and the trading fee is a flat 1% on all crypto trades.

eToro Crypto Fees.
eToro Crypto Fees.

About Allianz Bank

Allianz Bank is a German-based bank that offers a range of financial products and services. It has over 22 million customers in more than 70 countries. Allianz was founded in 1890 and has grown to become one of the largest banking institutions in the entire world. 

The bank offers a wide range of products including savings accounts, checking accounts, credit cards, mortgages, and loans. Allianz Bank also has a strong focus on providing excellent customer service and has a dedicated team of customer service representatives who are available 24/7 to help customers.

Allianz Home Page.
Allianz Home Page.

What is Allianz Bank's Cryptocurrency Policy

Allianz Bank is considered a ‘Crypto-Friendly’ bank and has nothing stated in its policies that would prohibit its users from investing in digital assets. No reports have surfaced of Allianz bank users’ funds being frozen when transferring to a crypto exchange. 

Andrew Chen

Former Bitcoin Maximalist turned multi-chain enjoyer. I hunt down the best yields across AVAX, Solana, Fantom and other networks.

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