Home
»
Crypto Banks
»
Buy Crypto with Commerzbank

Buy Crypto with Commerzbank

Summary: Commerzbank does not currently offer any services that enable its customers to buy and sell cryptocurrencies like Bitcoin and Ethereum directly through its online banking platform.

Instead, Commerzbank account holders will need to sign up with a secure cryptocurrency exchange in Germany to transfer Euros (EUR) to buy and sell cryptocurrencies. We recommend the Bybit exchange which offers instant EUR transfers to buy over 400 cryptocurrencies with low fees.

Table of Contents

Best Crypto Exchange in Germany

Platform Highlights

  • Free and instant Euro (EUR) deposits from any German Bank.
  • Trade 400+ Cryptocurrencies with fees starting from a low 0.1%.
  • Non-KYC exchange with proof-of-reserves that show customer funds are backed 1:1.
Bybit - Germany
Visit Site
Audited Proof of Reserves
Audited Proof of Reserves

How to buy Crypto with Commerzbank Online

As mentioned above, the best way to invest in cryptocurrencies with your Commerzbank account is through a digital-asset exchange in Europe. We recommend the Bybit platform to users in Germany because they offer instant and cheap EUR bank transfers directly from Commerzbank. You can follow the simple guide below to get with a trusted exchange in Germany.

  1. Sign up to Bybit with your email address and create a password.
  2. Tap 'Buy Crypto', then 'One-Click Buy' and select 'EUR' as your currency.
  3. Select a deposit method and the cryptocurrency you want to purchase.
  4. Enter the amount you want to purchase and tap the 'Buy' button.
How to buy Crypto with Commerzbank Online.
How to buy Crypto with Commerzbank Online.

Fees to Invest in Cryptocurrencies

The fees to invest in cryptocurrencies will vary depending on which crypto broker you use. For example, with the Bybit exchange, they charge zero fees for bank transfers from Commerzbank accounts. The only fee that you need to take into account is their trading fee, which is 0.1%. This is significantly cheaper than popular alternatives like Coinbase who charge in excess of 3.99%.

Is Commerzbank Crypto Friendly?

Commerzbank is a crypto-friendly financial institution in Germany that allows its customers to invest in digital assets through licensed crypto brokers. The only relevant policy Commerzbank has with regard to digital assets is that customers must use a trading platform that is secure and trustworthy.

This is why we recommend platform's like Bybit, who is one of the few brokers that offers transparency reports outlining customer funds are always held 1:1.

Commerzbank Online Banking.

About Commerzbank

Commerzbank is a leading international commercial bank with branches and offices in more than 50 countries. The bank offers a comprehensive range of products and services for corporate and institutional clients, small and medium-sized businesses, and private individuals. Commerzbank is represented at all the world's major stock exchanges. In 2022, the Bank reported gross revenues of EUR 10.3 billion. The bank's more than 54,000 employees served around 16 million clients worldwide as at the end of 2013.

The bank has a long tradition and a strong presence in Germany and Poland. Commerzbank is the leading bank for German companies in Poland and also supports Polish companies doing business abroad. In Germany, Commerzbank has a strong regional footprint with over 800 branches, focused on serving small and medium-sized enterprises. The Bank is also one of the leading corporate banks in Germany.

Final Thoughts

Commerzbank is one of the few financial institutions in Germany that allows its customers to invest in cryptocurrencies. However, due to Commerzbank’s conservative policies towards digital assets, account holders will need to sign up with a secure cryptocurrency exchange instead of buying and selling crypto directly through its online banking platform.

We recommend the Bybit platform in Germany because they offer instant and cheap EUR bank transfers directly from Commerzbank accounts with low trading fees of 0.1%.

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.

Twitter
View Posts