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