Summary: Axa Banque does not directly offer any products or services for investors in France to buy Cryptocurrencies through their online banking platform. That said, Axa does allow customers to withdraw Euros (EUR) into regulated exchanges to buy and sell digital assets.
We recommend the Uphold exchange for customers in France because they offer fast and cheap EUR deposits to trade a wide variety of crypto assets. Their platform is one of the only exchanges in Europe with audited proof-of-reserves that shows customer funds are always backed 1:1.
- Trade & Stake 250+ Cryptos with Fast & Cheap Euro (EUR) deposits from all European Banks.
- Licensed and Regulated in Europe with an Audited Proof-of-Reserves of customer funds.
- Trusted by over 10 million retail and institutional investors.
How to Buy Bitcoin and Crypto with Axa
As mentioned above, the safest and easiest way to invest in crypto assets with an Axa Banque account is with the Uphold platform. They are a licensed broker in France and Europe that offers free Euro (EUR) deposits to trade crypto, stocks, commodities and more all in one convenient platform. You can get started in 4 simple steps with this guide:
- Open a free account on Uphold with your email and complete your verification requirements.
- Select Euros (EUR) the currency you want deposit on the Uphold exchange.
- Connect your Axa Banque account to deposit your Euros.
- Find the cryptocurrency you want to purchase 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 Uphold for example, there is a 0.9% - 1.2% spread fee on crypto trades, deposits and withdrawals are completely free. So if you were to buy 1,000 EUR worth of Ethereum (ETH) it would cost you 0.9% - 1.2% of the total trade value in fees, or 9 - 12 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 ESMA. If customers use off-shore exchanges like Binance, they may have accounts frozen. This is why we recommend regulated brokers like Uphold.
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.
In summary, Axa Banque doesn't provide direct cryptocurrency investment options but supports customers who wish to invest in digital assets via regulated exchanges like Uphold. By following the simple steps outlined, Axa Banque account holders can easily deposit Euros and trade cryptocurrencies in a secure and cost-effective manner. Axa Banque's crypto-friendly stance, combined with Uphold's compliance with French and European regulations, ensures a seamless and trustworthy experience for those looking to diversify their investments into the world of digital assets.