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 eToro EU platform because they offer fast and cheap EUR bank transfers from Nordea accounts to buy and sell over 70 Cryptos and 7,000 Stocks, ETFs and Commodities with low fees.
- Fast and cheap EUR deposits from European Banks.
- Licensed by the Financial Conduct Authority (FCA) and ESMA.
- 80+ Cryptos and over 7,000 Stocks, ETFs & Commodities with low fees.
78% of retail CFD accounts lose money.
Table of Contents
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 eToro EU trading platform. They offer fast Bank Transfers from Nordea accounts to deposit EU onto their regulated exchange.
With this platform, you can trade a variety of Cryptos, Stocks, Commodities (Gold, Silver, Oil), Bonds, Options and more. Get started with the guide below:
Step 1: Visit the eToro EU platform and sign up.
Step 2: Verify your personal or company identity to be able to deposit EUR onto your account.
Step 3: Once your account is verified, select the 'Deposit Funds' button on the bottom left of your screen.
Step 4: You must then select EUR as your deposit currency, and 'Bank Transfer' as your Payment Method.
Step 5: You will then be directed to the banking details page. You must not deposit EUR from your bank account to the specific bank details provided to you by eToro.
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 eToro and others.
Nordea Fees for Crypto
Investors depositing EUR from Nordea Bank into eToro will be charged a 0.5% deposit fee. 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 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.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.