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Buy Crypto with Arab Bank

Buy Crypto with Arab Bank

Adrian Graham
Fact Checked
Nov 22, 2022

Summary: Arab Bank does not directly offer Bitcoin and Crypto investing services through its online banking platform. However, they do allow customers to transfer funds from their bank account to a regulated digital asset exchange in the Middle East.

If you are looking to get started quickly, we recommend the eToro platform because they offer fast and cheap deposits from Arab Bank to trade thousands of Crypto assets, Stocks, ETFs and more.

Table of Contents

Best Exchange for Arab Bank

Platform Highlights

  • Fast and cheap fiat deposits from Arab Bank with low deposit fees.
  • Globally licensed and secure trading platform based in the Middle East.
  • 80+ Cryptos and over 8,000 Stocks, ETFs & Commodities with low fees.

How to Buy Crypto with Arab Bank

As outlined above, the best way to buy digital assets with an Arab Bank account, or alternative bank account based in the Middle East, is with a trusted broker like eToro. They are licensed throughout the Middle East, Europe and the US to offer crypto brokerage services and enable fast deposits for Arab Bank accounts.

You can get started in 4 simple steps:

  1. Create an account: Sign up to the eToro platform and verify your identity.
  2. Fund your account: Select the 'Deposit Funds' button on the bottom of your screen to deposit funds from QNB.
  3. Find Crypto: Once the funds hit your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
  4. Execute your trade: Input the fiat amount you want to buy and execute your trade.
Deposit Funds with Arab Bank.

Fees to buy Digital Assets

The fees you pay to buy and sell digital assets on the eToro platform are quite low compared to other providers. They charge a 0.5% spread on all Crypto buys, and no deposit or withdrawal fees when using your Arab Bank account.

Is Arab Bank Crypto-Friendly?

Yes, Arab Bank is very crypto-friendly. The bank allows customers to buy and sell cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL and others through licensed and regulated brokers. Customers can purchase these cryptocurrencies with their debit cards or via wire transfer.

The bank also has plans to offer additional services such as cryptocurrency trading, storage and lending in the near future. Arab Bank also has plans to collaborate with other banks around the world to make it easier for customers to buy and sell cryptocurrencies.

About Arab Bank

Arab Bank is a leading financial institution in the Middle East and North Africa region, providing banking services to more than 500 branches in 30 countries. As one of the largest Arab banks, it serves millions of customers worldwide. The bank has also been at the forefront of technology innovation, launching mobile banking, digital payments, and other cutting-edge solutions for customers.

Arab Bank

It is also a leading innovator in the Islamic finance industry, offering Sharia-compliant products and services to meet customer needs. Arab Bank has also been recognized by numerous international awards, including the Global Finance Best Digital Bank Award and Euromoney’s Best Bank in the Middle East Award. As part of its commitment to community development, it supports a wide range of initiatives in healthcare, education, and social welfare.

Besides its banking services, Arab Bank also provides asset management and investment products in many countries. It offers a wide range of funds, including equity, fixed-income and balanced funds. The bank is committed to the highest standards of corporate governance and adopts the best practices in risk management. This ensures that customers’ investments are managed responsibly and in line with their individual objectives.

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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