Crypto Banks
How to Buy Crypto with Bank of Valletta (BOV)

How to Buy Crypto with Bank of Valletta (BOV)

Fact Checked
February 6, 2023
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Summary: Bank of Valletta does not directly offer customers in Malta services to buy or sell Bitcoin or Crypto directly through the BOV online banking platform.

This means that BOV internet banking clients will need to sign up to a licensed digital asset exchange in Europe like Uphold to deposit EUR and trade Cryptos. Their exchange offers over 250 cryptocurrencies with fast and cheap Euro (EUR) deposits from BOV in Malta.

Table of Contents

Best Crypto Exchange for Bank of Valletta

Platform Highlights

  • Trade 250+ Cryptos with Fast and Cheap EUR deposits from Bank of Valletta.
  • Regulated in Malta & Europe and has audited Proof-of-Reserves for customer funds.
  • Offers multiple asset classes including Crypto (and Crypto Staking), Stocks, ETFs, Metals, Currencies and more.
Uphold - Bank of Valletta
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Audited Proof of Reserves
Audited Proof of Reserves

Can I Buy Crypto with the Bank of Valletta?

The Bank of Valletta (BOV) does not offer any cryptocurrency trading services or crypto custody solutions. This means that BOV account holders will need to sign-up for a Cryptocurrency exchange in Europe that is licensed and regulated by EU Financial legislators.

How to buy Crypto with BOV Online Banking

The easiest way to buy Bitcoin or Crypto with BOV online banking is through the Uphold EU trading platform. They offer fast and cheap EUR deposits from BOV bank accounts to trade over 200 cryptocurrencies and hundreds of Stocks, ETFs, Commodities, Currencies, and much more. Their platform is the most secure exchange for investors in Europe and are regulated with an audited proof-of-reserves highlighting that customer funds are always backed 1:1.

You can get started with this simple guide below:

  1. Sign Up: Create an account on Uphold and complete your verification.
  2. Connect Account: Connect your Bank of Valletta account to Uphold to deposit Euros (EUR).
  3. Deposit Funds: After selecting "My banks" you can select the amount of EUR to deposit and complete the transfer.
  4. Buy Crypto: The final step is to find the cryptocurrency you want to buy and execute your trade.
Buy Crypto with Bank of Valletta.
Deposit Euros from Bank of Valletta.

Is Bank of Valletta Crypto-Friendly?

Yes, the Bank of Valletta is crypto-friendly and allows investors to buy and sell cryptocurrencies through regulated trading platforms. This enables safe and secure transfers of Euros from the bank to a licensed exchange, providing individuals with a reliable option to invest in the cryptocurrency market while utilizing the services of a regulated financial institution.

About Bank of Valletta

Bank of Valletta is the largest bank in Malta with over EUR 10 billion in total assets as of December 2021. They offer traditional banking products and services such as retail and commercial banking, wealth management, treasury, and international banking. BOV was founded in 1974 and has over 40 branches across Malta.

The Bank of Valletta offers the following services:

  • Retail Banking: This includes products such as current accounts, savings accounts, loans, and credit cards.
  • Commercial Banking: This includes products and services such as business accounts, trade finance, and foreign exchange.
  • Wealth Management: This includes services such as investment advice and portfolio management.
  • Treasury: This includes services such as foreign exchange, interest rate hedging, and money market instruments.
  • International Banking: This includes services such as cross-border payments and international trade finance.

Final Thoughts

In conclusion, while the Bank of Valletta does not directly offer cryptocurrency trading services, it is still possible for their customers to buy and sell cryptocurrencies through licensed and regulated trading platforms. The best option for BOV customers is to sign up to the Uphold exchange platform, which offers fast and cheap EUR deposits from BOV bank accounts and the ability to trade over 250 cryptocurrencies and multiple asset classes.

By following the simple guide outlined in the article, individuals can easily deposit funds from their BOV account and start trading cryptocurrencies in a safe and secure environment.

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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