Can I buy Cryptocurrencies with Comdirect?
The short answer is no. Comdirect does not offer any investment services for stocks or cryptocurrencies on its platform. The only method available for Comdirect users is by transferring Euros (EUR) from their bank account into a European Securities and Markets Authority (ESMA) licensed exchange.
How to invest in Bitcoin or Crypto with Comdirect
The best way to start investing in Bitcoin, Ethereum and other cryptocurrencies from Comdirect is through an ESMA-licensed exchange. With this method, you can deposit Euros (EUR) or another fiat currency via Bank Transfer, Debit Card or Credit card to invest in digital assets and stake them to earn interest.
You can get started in 4 simple steps with the Uphold platform.
- Step 1: Sign up to the Uphold platform and verify your identity.
- Step 2: Connect your Comdirect Bank account to Uphold by selecting the 'Link a bank account' button on your dashboard.
- Step 3: Deposit Euros via Bank Transfer, Debit Card or Credit Card from Comdirect.
- Step 4: Find the crypto you want to buy (over 200) and execute your trade.
Can I Stake Digital Assets with Comdirect?
No, you cannot stake digital assets like stablecoins, Ethereum and Solana with Comdirect on their platform. However, you can do this with Uphold. Staking simply means holding digital assets in a wallet to earn interest, which is typically paid out in the form of more cryptocurrency.
With Uphold, you can stake over 20 digital assets including BTC, ETH, ADA, DOT and UNI to earn up to 25% annual interest on your deposited funds.
Comdirect is a German online bank and broker based in Quickborn, Schleswig-Holstein. As of December 2020, Comdirect had 2.6 million customer accounts with over EUR 31 billion in customer assets. The company offers services for securities trading, brokerage, and banking via its website and mobile app.
Comdirect Bank AG is a subsidiary of Commerzbank AG, one of the largest banks in Germany. The bank was founded in 1990 as the first direct bank in Germany and started offering online banking services in 1998. In 2000, Comdirect merged with Commerz Direkt, the online banking arm of Commerzbank. The combined company became known as Comdirect Bank AG.
The bank offers a variety of products and services including checking and savings accounts, loans, credit cards, and investment products. The bank also offers brokerage services for stocks, ETFs, mutual funds, and other securities. Crypto assets are not available for trading on the Comdirect platform.