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Buy Crypto Bank of Cyprus

Buy Crypto Bank of Cyprus

Andrew Chen
Fact Checked
Oct 11, 2022

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 eToro EU platform. They offer instant and cheap Euro (EUR) deposits from 1bank internet banking to buy a wide variety of crypto assets, stocks, ETFs, commodities and more.

Table of Contents

eToro Platform Highlights

Platform Highlights

  • Fast and cheap Euro (EUR) deposits from all 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.

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 eToro exchange because they are licensed and offer fast deposits via SEPA bank transfer, debit card and a credit card from the Bank of Cyprus.

You can get started in 4 simple steps:

  1. Create an account: Sign up to eToro EU and verify your account
  2. Deposit funds: Select the 'Deposit Funds' to deposit EUR with your Bank of Cyprus account
  3. Find your Crypto: Find the Crypto you want to buy on eToro by selecting 'Discover'
  4. Execute your trade: Input the EUR amount you want to invest and execute your trade
Deposit funds via 1bank to buy Cryptocurrencies in Cyprus.

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

Former Bitcoin Maximalist turned multi-chain enjoyer. I hunt down the best yields across AVAX, Solana, Fantom and other networks.

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