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How to buy Crypto with Nordea Bank

How to buy Crypto with Nordea Bank

Adrian Graham
Fact Checked
Jan 10, 2023

Summary: Nordea Bank does not directly offer cryptocurrency investing through its online banking platform. The only available method for Nordea account holders to invest in digital assets is by depositing Euros (EUR) from their accounts into licensed crypto trading platform.

If you are looking to get started quickly, we recommend the Uphold EU platform because they offer fast and cheap EUR, GBP, SEK, and other fiat currency deposits to buy and sell over 220 cryptocurrencies. Their platform also offers a wide variety of Stocks, ETFs, Commodities and other assets with industry-leading trading fees.

Table of Contents

Best Crypto Exchange for Nordea Bank

Platform Highlights

  • Trade over 220 Crypto Assets with free and instant EUR, GBP, USD, SEK and other fiat deposits from Nordea Bank.
  • Invest in multiple asset classes including crypto, shares, precious metals, fiat currencies and more.
  • Regulated and Licensed by the Financial Conduct Authority (FCA).
Uphold - Nordea Bank
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Audited Proof of Reserves
Audited Proof of Reserves

Can I buy Bitcoin or Crypto with Nordea Bank?

You cannot buy Bitcoin or Crypto directly through the Nordea Bank online platform, or at a banking branch. Their services do not offer support for cryptocurrency buying, selling or holding through any bank-operated digital currency wallet.

The only way you can invest in digital assets with a Nordea Bank account is by signing up to a regulated cryptocurrency trading platforms in the EU.

How to buy Cryptocurrencies with a Nordea Account

The easiest way to buy digital assets with a Nordea Bank account is through the Uphold EU trading platform. They offer fast Bank Transfers from Nordea accounts to deposit Euros (EUR) onto their secure and regulated exchange. With this platform, you can trade over 220 cryptocurrencies and stake over 25 to earn interest paid out daily.

Get started with the simple guide below:

  1. Sign Up: Create an account on Uphold and complete your verification (personal or company).
  2. Connect Account: Select the currency you want deposit on the Uphold Platform (EUR, SEK + 30 more).
  3. Deposit Funds: Connect your Nordea Bank account to quickly deposit your selected fiat currency.
  4. Buy Crypto: The final step is to find the cryptocurrency you want to buy and execute your trade.
Deposit Euros (EUR) from Nordea to Invest in Crypto.
Deposit Euros (EUR) from Nordea to Invest in Crypto.

Nordea Bank Cryptocurrency Policy

Nordea Bank does not have any banking policies which prohibits their customers from buying or selling cryptocurrencies. This means you can safely buy digital assets from Sweeden, Norway, Denmark, Finland and other countries with Nordea.

It is important that users stay clear of off-shore exchanges when depositing EUR. Nordea may freeze your funds if they think it is suspicious. Stick to licensed and regulated platforms in the EU like Uphold and others.

Nordea Fees for Crypto

Investors depositing EUR from Nordea Bank into Uphold will be charged zero fees when using a Bank Transfer (SEPA) as the payment method. This is cheaper than most platforms that charge up to 1% to deposit EUR and sometimes extra fees on top to convert it to USD.

What is Nordea Bank?

Nordea Bank is a Swedish-based financial institution and one of the largest banks in Europe with over 10 million customers. The bank offers a wide range of services including banking, asset management, insurance, and financing solutions for businesses and individuals. Nordea has a strong presence in Sweden, Denmark, Finland, Norway, and the Baltic countries. In addition, the bank has a growing international network with branches in London, New York, and Singapore.

Nordea Bank Crypto

Nordea Bank is a subsidiary of the Nordea Group, which is one of the largest financial services groups in Europe with over 30 million customers. The Nordea Group is listed on the Nasdaq Stockholm Exchange and is a member of the Nordic Exchange.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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