Crypto Banks
Buy Crypto Bank of Cyprus

Buy Crypto Bank of Cyprus

Summary: Bank of Cyprus does not directly offer cryptocurrency investing through the 1bank online banking platform. That said, they do allow customers to transfer funds into CySEC-regulated exchanges to buy and sell digital assets.

For investors looking to get started quickly, we recommend the Uphold platform. They offer instant and cheap Euro (EUR) deposits from Bank of Cyprus to trade over 200 cryptocurrencies with low fees. The company is regulated in Europe by CySEC & the FCA and is based in London.

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Best Crypto Exchange for Bank of Cyprus

Platform Highlights

  • Trade over 210+ cryptocurrencies with free and instant EUR deposits from Bank of Cyprus.
  • Regulated and Licensed by the CySEC and has audited Proof-of-Reserves for customer funds.
  • Offers multiple asset classes including Crypto, Stocks, ETFs, Metals, Currencies and more.
Uphold - Bank of Cyprus
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Audited Proof of Reserves
Audited Proof of Reserves

How to buy Crypto with Bank of Cyprus 1bank

As mentioned above, the easiest way to invest in digital assets is through a Cyprus Securities and Exchange Commission (CySEC) approved and regulated crypto broker. We recommend the Uphold exchange because they are licensed and offer fast deposits via SEPA bank transfer, debit card, credit card, Google Pay or Apple Pay from the Bank of Cyprus.

You can get started in 4 simple steps:

  1. Sign Up: Open a free account on Uphold with your email address and complete the verification process.
  2. Connect Account: Connect your Bank of Cyprus account or card to Uphold by selecting the currency you want to transfer.
  3. Deposit Funds: You can then select the 'connect bank' button to link your Greek Bank account.
  4. Buy Crypto: Select the cryptocurrency you want to buy and execute your trade.
How to buy Crypto with Bank of Cyprus 1bank.
How to buy Crypto with Bank of Cyprus 1bank.

Is the Bank of Cyprus Crypto-Friendly?

The Bank of Cyprus is a crypto-friendly financial institution that allows its customers to buy and sell digital assets from regulated crypto brokers. The Bank of Cyprus is one of the leading banks in Europe that has embraced digital assets and blockchain technology. The bank has also partnered with major exchanges to offer custodial services for institutional investors only.

About Bank of Cyprus

Bank of Cyprus is the largest banking and financial services group in Cyprus, with a strong presence in Greece and Eastern Europe. The Group offers a comprehensive range of high quality banking and financial products and services to retail, corporate and institutional customers throughout its extensive network.

Bank of Cyprus

The Bank of Cyprus Group has a long-standing history dating back to 1899 and is today one of the most well-established and trusted names in Cypriot banking. The Group enjoys a leading market position in all its core businesses, with a customer base of over 1 million people. The Bank of Cyprus Group employs over 4,000 people in Cyprus, Greece and Eastern Europe and has a network of over 230 branches and 500 ATMs.

The Group is consistently ranked amongst the top banks in Cyprus in terms of profitability, asset quality and capital adequacy. It has also been recognised as one of the most innovative and efficient banks in Cyprus, with a strong focus on technology and digitisation.

Bank of Cyprus is a publicly listed company on the Cyprus Stock Exchange (CSE: BOC) and is also listed on the London Stock Exchange (LSE: BOCH). The Group has a market capitalisation of €2.4 billion and is one of the largest companies on the CSE.

About 1bank Internet Banking

The Bank of Cyprus offers 1bank, its Internet Banking service, as a safe, simple and convenient way to manage your finances online. You can use 1bank to check your account balances, transfer money between your accounts, pay bills, view e-statements and more.

1bank is available to all personal banking customers of the Bank of Cyprus with a Cypriot or foreign currency account. To use 1bank, you will need to have a PC with an Internet connection and a web browser. You can access 1bank 24 hours a day, 7 days a week.

Andrew Chen

Andrew Chen is a lead editor and auditor of content for Buy Bitcoin Bank, with a Masters of Computer Science and extensive knowledge in cryptocurrency and blockchain technology. He has helped ensure the accuracy and quality of the platform's educational resources for new and experienced investors in the crypto space.

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