Summary: While Boursorama Banque doesn't offer the option to directly invest in cryptocurrencies, it does facilitate smooth Euro transfers to exchanges that are fully accredited as Digital Asset Service Providers (DASP) by the French Financial Markets Authority (AMF). This ensures a secure and regulated environment for trading digital assets that aligns with the financial regulations in France.

For Boursorama customers looking to invest in crypto, eToro is our recommend choice. Registered with the AMF, eToro boasts a vast range of over 4,500 cryptocurrencies, stocks, commodities and ETFs. Given its competitive fee structure and the ease of transferring Euros through several payment methods, the platform is an affordable and convenient option for French investors.

Table of Contents

Can I Buy Bitcoin with Boursorama?

Yes, Boursorama allows customers to easily transfer Euros to licensed crypto exchanges in France. After depositing your funds, you can buy Bitcoin, Ethereum, stablecoins and other digital assets. Keep in mind that Boursorama doesn't offer cryptocurrencies, its function is to make sure your funds are safely transferred regulated exchanges. For a trustworthy investment, it's recommended to choose a platform licensed by the Autorité des Marchés Financiers (AMF).

How to Buy Crypto with Boursorama

If you're banking with Boursorama and are interested in purchasing cryptocurrency, the best method is to use a regulated exchange. For a secure trading experience, we suggest eToro as it is licensed by the AMF in France. eToro boasts over 4,500 assets, ranging from cryptocurrencies to stocks and ETFs. Depositing Euros to the platform is a straightforward process, with multiple payment options accepted, including bank transfers, credit cards, debit cards, SEPA transfers and more.

Start trading thousands of assets by following this short guide:

  1. Account Creation: First, register for an eToro account and complete identity verification.
  2. Select Currency: Click 'Deposit Funds' and pick 'EUR' as your currency.
  3. Initiate Deposit: Follow the deposit guidelines to securely transfer money from your Boursorama bank account.
  4. Begin Investing: Once your account is funded, find the digital asset you're interested in, and complete your investment.
Buy Crypto with Boursorama
Buy Crypto with Boursorama via eToro.

Boursorama Cryptocurrency Policy

Though Boursorama doesn't directly sell cryptocurrencies, it acts as a convenient enabler for those interested in digital assets. The bank supports seamless transfers of Euros to cryptocurrency exchanges regulated by the Autorité des Marchés Financiers (AMF). Our recommended platform, eToro (Europe) Ltd, is registered with the AMF. Specifically, it holds a status as a digital assets services provider (“DASP”) for offering custody of cryptocurrencies on behalf of clients.

Digital Asset Investing Fees with Boursorama

If you're contemplating entering the cryptocurrency market via Boursorama, understanding the fee structure is crucial. Here's a brief rundown of the potential costs you will face when using a digital asset exchange:

  • Deposits: Boursorama doesn't impose fees on Euro transfers to regulated crypto exchanges. However, if you opt for a platform that operates in USD, be prepared for currency conversion costs. Our analysis found SEPA to be the most cost-efficient method for Euro transfers. 
  • Spreads: Trading on certain platforms will expose you to a crypto spread of around 1%. For instance, eToro has a tight spread, saving you money in the long run. This is better than alternatives like Uphold or Coinbase, where spreads can climb to 4%. 
  • Withdrawals: Typically, you'll see a 5 EUR fee for transferring Euros back to your Boursorama account. 

We suggest using eToro for your crypto investments gives you quick transactions, reasonable fees, and various investment options.

What is Boursorama Banque?

Boursorama is a pioneer in online banking based in France and is considered one of the major players in the digital banking space in Europe. It is a subsidiary of Société Générale, one of the leading financial services groups in Europe. Boursorama offers various financial services including online banking, brokerage services, and financial information. It is known for its comprehensive digital banking platform that provides services such as checking accounts, savings accounts, credit cards, insurance, and more.

One of Boursorama Banque's notable features is its commitment to providing accessible and user-friendly online banking experiences. They offer competitive, low-cost services and have been recognized for their customer satisfaction and innovation in the digital banking sector.

Boursorama Banque
Boursorama Banque.

Final Thoughts

In conclusion, Boursorama Banque acts as a secure conduit for transferring Euros to regulated cryptocurrency exchanges, although it doesn't directly offer crypto trading. Leveraging Boursorama's robust transfer capabilities, you can easily move your funds to accredited platforms like eToro. Our expert team suggests using eToro for its French interface and live customer support in the language, wide range of assets, competitively low fees and secure investment platform.