How to Buy Bitcoin with Nordjyske Bank

Where to Buy Bitcoin with Nordjyske Bank

Unfortunately, you cannot buy Bitcoin and other cryptocurrencies directly on the Nordjyske banking platform. Not to worry, there are secure alternative options to purchasing crypto with your Nordjyske Bank account. To buy crypto in Denmark you will need to go through a secure and regulated cryptocurrency exchange like eToro. 

We recommend using eToro as it is the largest and most secure cryptocurrency exchange in Denmark and Europe. In addition to investing in cryptocurrencies, you can also purchase stocks, commodities, currencies, ETFs, indices and much more on eToro.

If you are interested in learning more about eToro and its features, you can read our eToro review. 

How to Buy Bitcoin & Crypto with Nordjyske Bank

In this short and easy-to-follow guide, we show Nordjyske Bank account holders how to buy Bitcoin and other cryptocurrencies in just four simple steps. Follow the below example to get started.

Step One: Create an account on eToro, verify your identity and complete the questionnaire
Step Two: Select ‘Deposit Funds’ then choose ‘Bank Transfer’ as method and enter the amount of EUR you want to deposit

Step Three: Shortly you will be redirected to this banking page, simply copy their details into your Nordjyske banking app and transfer the funds. Bank transfers can take approximately 4-7 business days to be processed from the time of transfer.

Step Four: Once your funds have arrived into your eToro account, visit the home page and search for the cryptocurrency you wish to purchase and select ‘Trade’.

If 4-7 business days is too long for your deposit to be processed, you can deposit funds instantly via debit or credit card. To deposit via card, simply select ‘Credit/Debit Card’ under ‘Deposit Funds’.

‍

Nordjyske Bank Cryptocurrency Policy

Nordjyske Bank does not have anything stated in its policies that would prohibit its customers from investing in cryptocurrencies. Users should not be concerned when transferring funds to the eToro exchange as it has acquired the appropriate licensing and is properly regulated to operate in Denmark. There have been zero reports of Nordjyske Bank users' funds being frozen when transferring to eToro.

eToro Europe Ltd is regulated by the Cyprus Securities & Exchange Commission under license number 109/10. eToro Europe Ltd operates under and complies with the Markets in Financial Instruments Directive (MiFID).

‍

Changing eToro’s platform to Danish

The eToro exchange is now available to use in Danish as well as 140 other languages. If you wish to change your language to Danish on eToro, follow the below steps:

1. Select ‘Settings’ on the side menu
2. In the ‘General’ tab on the ‘Settings’ screen, Select Danish (‘Dansk’) on the dropdown menu under ‘Languages’