How to buy Crypto with BNP Paribas Bank
The easiest way to buy Bitcoin and cryptocurrencies with BNP Paribas Bank is with a trusted European cryptocurrency exchange. We recommend eToro EU because they are licensed, and allow you to deposit EUR from your BNP Paribas account to trade cryptocurrencies.
Their platform also offers low fee trading for most Stock, ETFs, Commodities and Bonds. You can get started buying Crypto with BNP with this simple guide:
- Step 1: Sign up to the eToro EU trading platform and verify your account.
- Step 2: Select the 'Deposit Funds' button at the bottom of your screen.
- Step 3: Select 'Bank Transfer' and EUR as your preferred fiat currency.
- Step 4: Open your BNP Paribas Online Bank account and deposit EUR into your unique Deposit Details. The image below is an example of what that should look like.
- Step 5: Once your EUR is loaded onto the platform, you can find the asset you want to buy and execute your investment or trade.
Is BNP Paribas Crypto-Friendly?
BNP Paribas Bank is widely regarded to be one of the most progressive financial institutions in France and Europe when it comes to its digital asset stance. They freely allow their customers to buy, sell and trade cryptocurrencies, as well as engage in DeFi and the Metaverse.
As of time of writing, there are no internal banking policies at BNP Paribas that prohibits customers from depositing EUR into regulated exchanges. You just need to avoid using off-shore exchanges, which may cause problems with BNP.
BNP Paribas Bank Crypto Custody
BNP Bank does not provide any institutional custodial services for high-net-worth or sophisticated investors to hold their digital assets. You may want to check out tailored institutional custody services like Fireblocks or Coinbase Institutional Custody for bank-grade security for your assets.
About BNP Paribas
Established in 1848, BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 75 countries, with more than 190,000 employees, including 145,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking.
In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model across Mediterranean basin countries, Turkey, Eastern Europe and the Indian sub-continent, and boasts a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
In 2021, The Economist ranked BNP Paribas the world's sixth-largest bank by brand value. In 2020, BNP Paribas was ranked the largest bank in the Eurozone by Tier 1 capital (ahead of HSBC, Barclays, and Deutsche Bank), as well as the fourth-largest bank in the world by Tier 1 capital (ahead of Goldman Sachs, Morgan Stanley, and JPMorgan Chase).