Crypto Banks
How to Buy Crypto with DKB Bank

How to Buy Crypto with DKB Bank

Summary: DKB Bank does not directly support cryptocurrency investing through its online banking platform. However, it is still possible to use DKB Bank to indirectly invest in cryptocurrencies. This can be done by using a licensed third-party broker that allows you to purchase digital assets with your DKB online banking account.

We recommend a platform like Bybit as it is one of the few cryptocurrency exchanges that provide proof-of-reserves highlighting customer funds are held 1:1. Bybit is a non-KYC digital asset exchange that does not require users to verify their identity in order to use the platform.

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

Can I buy Cryptocurrencies on DKB Bank?

The short answer is no. DKB Bank does not offer any cryptocurrency products or services through their online banking app, which means customers in Germany cannot invest in digital assets or custody their coins directly with the bank.

That said, the bank does allow its customers to withdraw Euros (EUR) into secure digital-asset exchanges. The most secure and affordable way to buy crypto with DKB Bank is through Bybit. Bybit is a derivatives trading platform that offers futures trading with up to 100x leverage. To learn more, visit our Bybit Review.

How to buy Bitcoin or Crypto with DKB Bank

As mentioned above, the easiest way to invest in cryptocurrencies like Bitcoin and Ethereum with a DKB Bank account is through Bybit. DKB users can deposit funds to Bybit via Bank Transfer, SEPA, DKB Card, Wise, Revolut, Paysera, Google Pay, Maestro or Credit/Debit Card.

You can follow the steps below to buy cryptocurrencies with DKB:

  1. Sign up to Bybit with your email address (does not need ID or KYC information).
  2. Find the fiat currency you want to use and the crypto you want to buy.
  3. Select the deposit method you want to deposit EUR with.
  4. Complete the transaction and the funds will arrive in your account in 1-3 business days.
Deposit Euros from DKB Bank.

DKB Bank Cryptocurrency Policy

DKB Bank's current policy on cryptocurrency investing is that customers are allowed to use their online banking login to make third-party deposits into European licensed crypto brokers. This means that while DKB does not offer any digital assets themselves, customers from Germany can still purchase and custody cryptocurrencies through a regulated provider.

As the asset class continues to grow in popularity, it is likely that the Bank will eventually offer direct crypto products and services to their customers. Until then, investors in Germany can still use DKB to indirectly invest in the space.

About DKB Bank

DKB Bank is a German direct bank, headquartered in Berlin. It offers banking products and services for private customers, small businesses and corporate clients. The bank is a subsidiary of the Deutsche Kreditbank AG (DKB) and is regulated by the German Federal Financial Supervisory Authority (BaFin).

DKB Bank

The bank was founded in 1965 as "Deutsche Kreditbank" and started out as a state-owned bank. It was privatised in 1990 and became a direct bank in 2002. DKB is part of the Deutsche Bank Group, one of the largest banking groups in the world. DKB Bank offers a wide range of products and services, including savings and checking accounts, loans, mortgages, investment products, credit cards and insurance. The bank also offers online and mobile banking services.

DKB Bank has branches in Berlin, Hamburg, Munich, Frankfurt and Stuttgart. The bank also has a network of ATMs and partner banks across Germany. DKB is one of the leading direct banks in Germany with over 4 million customers. The bank has won several awards, including the "Best Bank" award from the magazine "Focus Money" in 2015 and 2016.

Final Thoughts

DKB Bank does not offer any cryptocurrency products or services directly. However, customers in Germany can use their online banking login to make third-party deposits into European licensed crypto brokers. Bybit is the best way to invest in cryptocurrencies with DKB Bank.

Dylan Matthews

Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.

View Posts