Home
»
Crypto Banks
»
How to buy Crypto with Credit Mutuel

How to buy Crypto with Credit Mutuel

Karen Tren
Fact Checked
Oct 8, 2022

Summary: Credit Mutuel does not directly offer the ability for customers to buy and sell Cryptocurrencies directly through their online banking platform.

Customers of Credit Mutuel will need to sign up to a licensed EU trading platform like eToro to deposit EUR and trade or invest in cryptocurrencies.

Table of Contents

eToro Platform Highlights

Platform Highlights

  • Fast and cheap Euro (EUR) deposits from all European Banks.
  • Licensed by the Financial Conduct Authority (FCA) and ESMA.
  • 80+ Cryptos and over 7,000 Stocks, ETFs & Commodities with low fees.

Can I buy Digital Assets with Credit Mutuel?

No, Credit Mutuel does not offer any retail or institutional services in France that allow its customers to buy and sell digital assets directly through the bank. That said, Credit Mutuel is a crypto-friendly bank and does allow customers to deposit funds onto licensed cryptocurrency trading platforms in Europe and around the world.

How to buy Crypto with a Credit Mutuel alternative

The best way to invest in Cryptocurrencies from a Credit Mutuel bank account in France is through a regulated crypto-broker like eToro. Their platform is licensed throughout Europe and offers over 65 cryptos and thousands of Stocks, ETFs, Commodities, Mutual Funds, and more.

eToro is also the world's leading social trading platform with over 20 million registered users. The company has been around since 2007 and is regulated by some of the highest financial authorities in the world including the FCA, CySEC, ASIC, and more.

You can get started with this simple guide:

  1. Create an account: Sign up to eToro EU and verify your account in France.
  2. Deposit funds: Select the 'Deposit Funds' button on the bottom of your screen to deposit EUR via Credit Mutuel bank transfer, or a Credit Mutuel debit card/credit card.
  3. Find your Crypto: Once the EUR hits your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
  4. Execute your trade: Input the EUR amount you want to invest and execute your trade.
Credit Mutuel trading broker
Buy Crypto, Stocks, ETFs and more with Credit Mutuel via eToro.

Is Crédit Mutuel Crypto Friendly?

Yes, Crédit Mutuel is crypto friendly.  The bank has been allowing its customers to buy and sell cryptocurrencies through licensed trading platforms since 2015. In addition, the bank has been working with several startups in the cryptocurrency space. Overall, Crédit Mutuel appears to be supportive of the cryptocurrency industry and its potential to innovate the financial sector.

About Credit Mutuel

Credit Mutuel is a large, French banking group with over 30 million customers and branches all throughout the country. The bank has a long history dating back to 1882 and offers a wide range of services including loans, mortgages, savings accounts, business accounts, and more.

Credit Mutuel

While Credit Mutuel does not offer any direct investing or trading products for cryptocurrencies, they are one of the more crypto-friendly banks in France. This means that customers are able to deposit funds onto licensed cryptocurrency exchanges like eToro and buy digital assets without any issues.

The Credit Mutuel bank is owned by its customers (mutualists) which makes it different from most other banks in France which are either state-owned or privately owned. This customer-ownership model gives Credit Mutuel a unique competitive advantage and has helped the bank become one of the leading banks in France.

Karen Tren

Full-time writer and cryptocurrency newbie! Learning about NFTs, DeFi and GameFi with my research and writing for BuyBitcoinBank.

Twitter
View Posts