Crypto Banks
How to buy Crypto with DNB Bank

How to buy Crypto with DNB Bank

Fact Checked
January 20, 2023
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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 Uphold for investors in Europe because they are licensed and offer fast EUR deposits from DNB Bank accounts. Their platform offers over multiple asset classes to invest in including crypto, stocks, commodities, fiat currencies and more.

Table of Contents

Best Crypto Exchange for DNB

Platform Highlights

  • Trade over 210+ cryptocurrencies with fast and cheap Euro (EUR) deposits from DNB Bank.
  • Regulated and Licensed by the CySEC and has audited Proof-of-Reserves for customer funds.
  • Offers multiple asset classes including Crypto, Stocks, ETFs, Metals and more.
Uphold - DNB Bank
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Audited Proof of Reserves
Audited Proof of Reserves

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 Uphold trading platform. DNB Bank users can deposit funds to Uphold via Bank Transfer, Credit Card, Debit Card, SEPA, Google Pay & Apple Pay. You can get started in minutes with this simple guide:

  1. Sign Up: Create a free account on Uphold with your email address and complete the verification process.
  2. Connect Account: Connect your Deutsche Bank account or card to Uphold by selecting the fiat currency you want to transfer on your dashboard.
  3. Deposit Funds: You can then select the 'connect bank' button to link your German or European Bank account to Uphold.
  4. Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade.
How to buy Crypto with DNB Bank Online.
How to buy Crypto with DNB Bank Online.

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.

Final Thoughts

DNB Bank is a safe and reliable partner for investing in digital assets. They have a long history of providing high-quality financial services to their customers, as well as being closely regulated by the Norwegian government and Finanstilsynet. Although DNB does not directly offer products or services related to digital asset trading, they do allow their customers to transfer funds to European Securities and Markets Authority licensed platforms.

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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