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Buy Bitcoin and Crypto with Spuerkeess Bank

Buy Bitcoin and Crypto with Spuerkeess Bank

Karen Tren
Fact Checked
Nov 21, 2022

Summary: If you live in Luxembourg and want to buy Bitcoin and other cryptocurrencies with a Spuerkeess bank account, you have come to the right place. The best way to buy Bitcoin with Spuerkeess Bank is by going through the popular multi-asset investing and trading platform, eToro.

Spuerkeess Bank users can send Euros from their bank to an eToro account, and buy cryptocurrencies on the platform. In addition to cryptocurrencies, investors can also buy stocks, commodities, currencies, indices and ETFs.

Table of Contents

eToro Platform Highlights

Platform Highlights

  • Fast and cheap Euro (EUR) deposits from all European Banks.
  • Licensed by the Financial Conduct Authority (FCA) and ESMA.
  • 80+ Cryptos and over 7,000 Stocks, ETFs & Commodities with low fees.

Can I buy Crypto on Spuerkeess Bank?

No, unfortunately Spuerkeess does not allow the buying or selling of digital assets directly on its platform. However, Spuerkeess users can use alternative methods to buying cryptocurrencies with their bank accounts. Simply send funds via bank transfer to a secure, regulated and licensed cryptocurrency exchange like eToro.

Spuerkeess bank account holders should not be concerned when transferring funds to a cryptocurrency exchange like eToro. There is nothing stated in Spuerkeess banks policies that would prohibit its users from investing in digital assets. Additionally, there have been zero reports of users funds being frozen when transferring to an exchange.

Spuerkeess Bank Home Page.
Spuerkeess Bank Home Page.

How to buy Bitcoin with Spuerkeess in Luxembourg

The most secure and easiest way to buy Bitcoin and other cryptocurrencies with a Spuerkeess bank account is through the eToro platform. On eToro you can deposit funds with your Spuerkeess account through Debit/Credit card, Bank Transfer, Skrill, Neteller & PayPal. In this method we show users how to buy Bitcoin with Debit/Credit card.

  1. Sign up to eToro and complete the verification process. 
  2. Click ‘Deposit Funds’ on the home page and select ‘Credit/Debit Card’.
  3. Enter your card details and the amount of Euros you would like to deposit.
  4. Look for ‘Bitcoin’ in the search bar at the top of your screen and tap ‘Trade’.
  5. Enter the amount you would like to invest and press ‘Open Trade’.
How to buy Bitcoin with Spuerkeess
How to buy Bitcoin with Spuerkeess.

Is it expensive to buy crypto with Spuerkeess Bank?

When you buy assets on a trading and investing platform there is generally two fees you will have to pay, a deposit and trading fee. On eToro it is completely free to deposit EUR from a Spuerkeess account. However, there is a flat 1% fee when you buy or sell cryptocurrencies. This fee is on par with the cryptocurrency industry average.

About Spuerkeess Bank

Spuerkeess Bank or Banque et Caisse d'Épargne de l'État is a bank that is owned by the government of Luxembourg. It's a full-service bank that has been serving Luxembourg residents since 1856. The bank offers a wide range of services, from retail banking and credit products to private banking and investment solutions.

Karen Tren

Full-time writer and cryptocurrency newbie! Learning about NFTs, DeFi and GameFi with my research and writing for BuyBitcoinBank.

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