Can I Buy Crypto or Bitcoin with Boursorama Banque?
Boursorama Banque does not offer any products or services that enable its customers to buy or sell cryptocurrencies directly through their online banking platform. Boursorama's stock trading platform Boursorama Bourse also does not offer any services to buy, sell or custody digital assets through their app.
The only method for Boursorama bank account holders to buy Crypto is by using a European Securities and Markets Authority (ESMA) licensed and regulated online broker. With this method, you simply deposit EUR from your bank account onto the platform to execute your trades like you would with a normal stockbroker.
How to Buy Crypto with Boursorama online
The best way to invest in cryptocurrencies like Bitcoin and Ethereum in France is by signing up to the Uphold trading platform. Their exchange offers fast and cheap Euro (EUR) deposits via Bank Transfer, Debit Card, Credit Card, SEPA, Google Pay or Apple Pay from Boursorama Banque.
You can get started from your Boursorama account in 4 simple steps:
- Sign Up: Create an account on Uphold and complete the onboarding process.
- Connect Account: Connect your Boursorama account or card to Uphold by selecting the fiat currency you want to transfer on your dashboard.
- Deposit Funds: You can then select the 'connect bank' button to link your French Bank account to Uphold.
- Buy Cryptocurrency: Select the cryptocurrency you want to buy and execute your trade.
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Is Boursorama Banque Crypto Friendly?
In February 2020, Boursorama Banque launched its "Crypto Policy", which provides guidance to customers on how to deal with cryptocurrencies. The policy is in line with French regulations, which require banks to take measures to prevent money laundering and terrorist financing.
The policy requires customers to declare their holdings of cryptocurrencies and allows customers to buy and sell digital assets with funds from their bank accounts. The only provision is that customers must use a licensed and regulated trading platform like Uphold that is compliant with The Autorité des Marchés Financiers (AMF).
About Boursorama Banque
Boursorama Banque is a French online bank that offers a full range of banking services to its customers. The bank has over 1.5 million customers and is one of the leading online banks in France. The Banque offers a wide range of services including savings and investment products, credit products, loans, insurance products and more. The bank also offers a mobile app that allows customers to manage their accounts on the go. Boursorama Banque is a subsidiary of Société Générale, one of the largest banks in France.
Boursorama Banque is a great option for French residents who are looking for an online bank that offers a wide range of services and products. The bank has a good reputation and is backed by one of the largest banks in France. If you are looking for an online bank that offers good value for money, Boursorama Banque is a good option to consider.
Final Thoughts
In conclusion, while Boursorama Banque does not offer a direct way to purchase cryptocurrencies, customers can still buy and sell digital assets with the bank's help. By using an authorized online broker such as Uphold, users can deposit funds from their Boursorama account and trade them on the platform for Bitcoin or other crypto assets.