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How to Buy Bitcoin and Crypto with Migros Bank

How to Buy Bitcoin and Crypto with Migros Bank

Fact Checked
February 7, 2023
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Summary: Migros Bank regrettably does not offer cryptocurrency investing features on its platform. However, there are safe alternative methods to buying cryptocurrencies with a Migros bank account.

To buy Bitcoin and other tokens in Switzerland, you will need to go through a regulated and licensed cryptocurrency exchange like Uphold.

Table of Contents

Best Crypto Exchange for Migros Bank

Platform Highlights

  • Trade over 210+ Cryptocurrencies with free and instant Euro (EUR) deposits from Migros Bank.
  • Regulated and Licensed by the CySEC and has audited Proof-of-Reserves for customer funds.
  • Offers multiple asset classes including Crypto, Stocks, ETFs, Metals, Currencies and more.
Uphold - Migros Bank
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Audited Proof of Reserves
Audited Proof of Reserves

Can I Buy Cryptocurrencies on Migros Bank?

No, you can not buy cryptocurrencies directly on the Migros Banking platform. If you want to buy Bitcoin with the funds in your Migros bank account you simply need to send your euros from your bank to a regulated and licensed crypto exchange.

We recommend using Uphold as it is the safest cryptocurrency exchange to use in Europe. Uphold is properly licensed and regulated by the Cyprus Securities & Exchange Commission. The exchange operates and complies with the Markets in Financial Instruments Directive (MiFID). To learn more about this platform, visit our Uphold Review.

How to Buy Crypto and Bitcoin with Migros Bank

In this example, we show Swiss investors how to invest in cryptocurrencies with a Migros Bank account. The best way to buy crypto with Migros Bank is by depositing funds to Uphold via Bank Transfer, Credit/Debit Card, SEPA, Google Pay or Apple Pay. Follow the below steps to get started.

  1. Sign Up: Create a free account on Uphold and complete the onboarding process.
  2. Connect Account: Connect your Migros account or card by selecting the currency you want to transfer.
  3. Deposit Funds: You can then select the 'connect bank' button to link your bank account to Uphold.
  4. Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade.
How to Buy Crypto and Bitcoin with Migros Bank.
How to Buy Crypto and Bitcoin with Migros Bank.

About Migros Bank

Migros Bank is one of the leading banks in Switzerland that provides excellent customer service and innovative banking products. It was founded in 1934 and is headquartered in Zurich. The bank offers a wide range of services such as saving accounts, checking accounts, credit cards, mortgages, loans and investment products.

What makes Migros Bank stand out among other banks is its focus on mobile banking which is made possible by the bank’s excellent online platform. If you are looking for a reliable and customer-centric bank in Switzerland, then Migros Bank is the right choice for you.

Final Thoughts

Overall, while Migros Bank does not currently offer cryptocurrency investment services, it is still a reliable and customer-centered bank with a strong focus on mobile banking. Swiss investors looking to purchase cryptocurrencies can easily do so through a licensed and regulated exchange like Uphold, which offers free and instant euro deposits from Migros Bank. To get started with Uphold, simply create an account, connect your Migros bank account or card, deposit funds, and execute your trade.

Dylan Matthews

Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.

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