Summary: Alpha Bank does not directly offer cryptocurrency trading services for customers in Greece and Europe through its online banking platform. This means that investors will need to find a licensed third-party broker to buy and sell crypto assets.
Based on our review of over 30 exchanges available citizens of Greece, we found that Uphold was the best overall for Alpha Bank account holders. Their platform offers instant and free Euro (EUR) deposits to trade over 250 cryptocurrencies with zero fees.
- Fast and Cheap Euro (EUR) deposits from Alpha Bank and low trading fees.
- Offers over 250 Cryptocurrencies and metals like Gold and Silver.
- Regulated in Europe, the United Kingdom and USA with audited 1:1 Proof-of-Reserves for customers.
Can you Buy Crypto with Alpha Bank?
Alpha Bank patrons have the opportunity to invest in Bitcoin and a wide array of other cryptocurrencies through trustworthy Greek exchanges approved by the Bank of Greece that facilitate Euro transfers from Alpha Bank accounts or Alpha Bank credit cards. These platforms, functioning within Greece, are officially recognized and offer a secure, regulated setting for participating in cryptocurrency investment and trading activities.
How to Buy Bitcoin and Crypto with Alpha Bank
To purchase cryptocurrencies using an Alpha Bank online banking account, a certified trading platform like Uphold is a recommended choice. It facilitates fast and cost-free Euro (EUR) deposits from Alpha Bank, enabling you to buy and sell over 250 crypto assets with zero fees competitive spreads. Uphold distinguishes itself as one of the few exchanges with audited proof-of-reserves, ensuring that customer assets are always fully backed.
You can get started in minutes with this simple guide:
- Sign Up: Create a free account on Uphold with your email address and complete the verification process.
- Connect Account: Connect your Alpha Bank account or card to Uphold by selecting the fiat currency you want to transfer on your dashboard.
- Deposit Funds: You can then select the 'connect bank' button to link your Greek or European Bank account to Uphold.
- Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade.
Alpha Bank Cryptocurrency Policy
Alpha Bank is a forward-thinking bank that supports cryptocurrency, allowing its customers in Greece to deposit and withdraw Euros via certified digital asset service platforms. Nonetheless, Alpha Bank clients are obliged to engage with cryptocurrency exchanges that are overseen by the Bank of Greece. It is advised to avoid non-regulated and offshore exchanges like Kucoin to evade the potential risk of account suspension.
About Alpha Bank
Alpha Bank, established in 1879, stands as a premier banking institution in Greece. It offers comprehensive financial services, which encompass retail banking, corporate banking, asset management, investment banking, insurance services, and brokerage operations. Alpha Bank has carved a niche in the Greek financial market through its extensive network of branches and ATMs scattered across the country.
Internationally, Alpha Bank's presence extends to countries such as Cyprus, Romania, and Albania. Its vast array of services includes deposit accounts, credit cards, loans, and specialized services like treasury products and wealth management. Alpha Bank is recognized for its innovation and commitment to digital banking and exemplary customer service. It has significantly contributed to Greece's economic development.
Final Thoughts
In conclusion, while Alpha Bank doesn't offer cryptocurrency trading services directly, it supports the cryptocurrency market by allowing its customers to interact with approved Greek exchanges. Uphold is recommended as the optimal platform for Alpha Bank customers due to its instant, fee-free Euro deposits, diverse crypto offerings, and audited proof-of-reserves.
Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.
