Crypto Banks
Buy Crypto with Bradesco Banco

Buy Crypto with Bradesco Banco

Fact Checked
March 12, 2023
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Summary: Banco Bradesco does not offer cryptocurrency investing services directly through its online banking platform. That said, they do allow customers to transfer funds from their accounts to a licensed and regulated crypto broker in Brazil.

If you are looking to get started quickly, we recommend the Bybit exchange because they offer fast and cheap Brazilian Real (BRL) deposits from Bradesco Banco to trade over 400 cryptocurrencies with low fees.

Table of Contents

Best Crypto Exchange in Brazil

Platform Highlights

  • Fast and cheap Brazilian Real (BRL) deposits from any Brazilian Bank or Payment Method.
  • Trade 300+ Cryptocurrencies with low fees starting at 0.1% for Spot and 0.075% for Futures.
  • Non-KYC exchange with proof-of-reserves that show customer funds are backed 1:1.
Bybit - Brazil
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Audited Proof of Reserves
Audited Proof of Reserves

Can you Buy Crypto with Bradesco Banco?

Yes, it is possible to buy crypto using Bradesco Banco. However, this can only be done through Brazilian regulated exchanges that accept bank transfers and deposits from Bradesco Banco accounts. It is important to note that crypto regulations in Brazil are constantly evolving, so it is advisable to research and comply with all relevant laws and regulations before investing. Overall, while buying crypto with Bradesco is possible, it is crucial to ensure that the exchange you choose is reputable and compliant with all regulatory requirements to safeguard your investment.

How to Buy Crypto and Bitcoin with Bradesco Banco

As mentioned above, the easiest way to buy and sell cryptocurrencies with a Bradesco online banking account is through a regulated exchange like Bybit. With this method, you can transfer funds via bank transfer, debit card or credit card to easily and safely invest in over 400 crypto assets with low fees.

You can follow this simple 4 step guide to get started:

  1. Create a free account on Bybit with your email address (ID verification is not required).
  2. Click 'Deposit Funds' and pick Bank Transfer as your payment method then click 'Continue'.
  3. Select BRL as your fiat currency and find the Cryptocurrency you want to purchase.
  4. Input the amount of BRL you want to invest in the token and click 'Buy'.
Buy Crypto Bradesco Banco.
Deposit BRL with Bradesco Banco.

Is Bradesco Banco Crypto-Friendly?

Bradesco Banco is a crypto-friendly bank in Brazil that allows its customers to deposit and withdraw funds from regulated digital asset exchanges.  The bank has been known to be favourable toward digital asset business in the country and has been a banking partner for local businesses and firms that regularly engage with the crypto ecosystem.

About Banco Bradesco

Banco Bradesco is one of the largest banks in Brazil. It was founded in 1943 and is headquartered in Osasco, Sao Paulo. The bank has over 5,000 branches and more than 30,000 ATMs across Brazil. Banco Bradesco offers a wide range of banking products and services to its customers, including personal and business banking, loans, credit cards, investments, and more. The bank has a long history of serving its customers and communities. In recent years, Banco Bradesco has been recognized as one of the best banks in Brazil by leading publications such as Forbes, Exame, and Valor Economico.

Bradesco Banco
Bradesco Banco.

Final Thoughts

In conclusion, while Bradesco Banco does not directly offer cryptocurrency investing services, it is possible to buy and sell crypto through licensed and regulated exchanges in Brazil that accept bank transfers and deposits from Bradesco Banco accounts. Bybit is a recommended exchange for those looking to get started quickly and easily with low fees. It is important to note that it is crucial to stay informed and compliant with all relevant laws and regulations when investing in crypto, and to choose reputable exchanges to safeguard your investment. Overall, Bradesco Banco is considered to be a crypto-friendly bank in Brazil and has been known to support digital asset businesses in the country.

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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