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How to buy Crypto with DNB Bank

How to buy Crypto with DNB Bank

Adrian Graham
Fact Checked
Sep 2, 2022

Summary: Investors in Norway and Europe cannot buy Cryptocurrencies directly through the DNB Nettbank platform.  However, they can use their DNB Bank account to connect to a regulated crypto trading platform and transfer funds to invest in digital assets.

We recommend eToro for investors in Europe because they are licensed and offer fast EUR deposits from DNB Bank accounts. Their platform also offers over 70 Cryptos and thousands of other assets to buy and sell.

Table of Contents

Platform Highlights

  • Fast and cheap EUR or NOK deposits from DNB Bank.
  • 80+ Cryptos and 7,000+ Stocks, ETFs, Commodities and more.
  • Trade Crypto & Stocks with zero trading fees and tight spreads.

Can I buy Crypto with DNB Nettbank?

No, the DNB Nettbanking platform does not offer any products or services that enables its customers to buy and sell cryptocurrencies like Bitcoin and Ethereum. DNB Nettbank also does not support digital asset custody, which means you cannot store your assets on your account.

That said, DNB does allow its customers to transfer Euros (EUR) from their bank account to European Securities and Markets Authority (ESMA) licensed platforms.

How to buy Crypto with DNB Bank Online

The best way to invest in digital assets from your DNB Bank account in Norway is with the eToro trading platform. They are an ESMA-licensed exchange that supports DNB Bank transfers for deposits fast and cheap EUR deposits. Their platform currently offers over 70 of the top Cryptos, as well as thousands of other financial assets and securities.

You can get started in minutes with this simple guide:

  1. Create an account: Sign up to the eToro platform.
  2. Fund your account: Select the 'Deposit Funds' button on the bottom of your screen to deposit funds from DNB Nettbank or your DNB Debit or Credit Card.
  3. Find Crypto: Once the funds hit your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
  4. Execute your trade: Input the fiat amount you want to buy and execute your trade.
eToro DNB
Buy Cryptocurrencies with a DNB Nettbank transfer on eToro EU.

Is DNB Bank Crypto-Friendly?

DNB Bank's stance on digital assets is difficult to ascertain. They have not released any formal statements about their views on Bitcoin, Ethereum or other cryptocurrencies. However, DNB does allow its customers to buy and sell digital assets through online platforms. This indicates that they are, at the very least, open to the idea of cryptocurrency trading.

What is DNB?

DNB is a leading financial services group in Norway. DNB offers a wide range of banking, insurance and asset management products and services to retail, corporate and institutional customers. DNB is one of the largest banks in Norway with over 1.3 million customers. DNB has branches in all major Norwegian cities as well as a strong online and mobile presence.

DNB Bank

DNB is a fully-fledged universal bank offering products and services in all major segments of the Norwegian financial market. DNB has a long tradition of providing high-quality financial services to its customers and is one of the most trusted brands in Norway.

The DNB financial services group is an active player in the development of the Norwegian financial sector and works closely with other banks, Finanstilsynet (the Financial Supervisory Authority of Norway) and the Norwegian Ministry of Finance. DNB is a founding member of the Norwegian Financial Services Association (Finans Norge) and the European Banking Federation (EBF).

DNB is listed on the Oslo Stock Exchange and is part of the DNB Group, which also includes DNB Bank ASA, DNB Markets, DNB Næringsfinans and DNB Boligkreditt. DNB is majority-owned by the Norwegian government, with the remaining shares owned by institutional and private investors.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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