How to buy Crypto with Axa Banque
As mentioned above, the safest and easiest way to invest in crypto assets with an Axa Banque account is with the eToro platform. They are a licensed broker in France and Europe that offers instant and cheap Euro (EUR) deposits to trade crypto, stocks, ETFs, commodities and more all in one convenient platform.
You can get started in 4 simple steps with this guide:
- Create an account: Sign up to the eToro platform and verify your identity.
- Fund your account: Select the 'Deposit Funds' button on the bottom of your screen to deposit funds from Axa Banque.
- Find Crypto: Once the funds hit your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
- Execute your trade: Input the fiat amount you want to buy and execute your trade.
Crypto Investing Fees
The main fees customers need to be aware of when using Axa Banque are the deposit and withdrawal fees charged by the bank. For SEPA transfers, there is a 0.15 EUR fee for deposits and 0.30 EUR fee for withdrawals. International Wire Transfers have a 20 EUR fee for deposits and 50 EUR fee for withdrawals.
These fees are in addition to any fees charged by the crypto exchange or broker you're using. With eToro for example, there is a 0.75% spread fee on crypto trades and withdrawals are free. So if you were to buy 10,000 EUR worth of Ethereum (ETH) it would cost you 0.75% of the total trade value in fees, or 7.50 EUR.
Is Axa Banque Crypto-Friendly?
Yes, Axa Banque is a crypto-friendly financial institution in France. They allow customers to use regulated trading brokers that fall within the guidelines set by The Autorité des Marchés Financiers (AMF) and the European Securities and Markets Authority (ESMA). If customers use off-shore exchanges like Bybit or Binance, they may have accounts frozen. This is why we recommend regulated brokers like eToro or an alternative like Kraken.
About Axa Banque
Axa Banque is a French bank that offers a wide range of banking products and services to its customers. The bank has a strong presence in the French market and is one of the leading banks in the country. Axa Banque offers a wide range of products and services such as savings accounts, credit cards, personal loans, mortgages, investment products and much more. The bank also has a strong online presence and offers its customers a wide range of online banking services.
The bank is a subsidiary of the Axa Group, one of the largest insurance companies in the world. The group has a strong presence in over 50 countries and has over 100 million customers. The group is also present in the banking sector and has a number of banks under its umbrella including Axa Banque.
Axa Banque was founded in 1816 and is headquartered in Paris, France. The bank has a strong network of branches across the country and also has a presence in other European countries such as Belgium, Spain and Portugal.