How to Buy Crypto or Bitcoin with Fineco
As outlined above, the easiest way to invest in cryptocurrencies from a Fineco Bank account is with the Uphold EU exchange. They offer fast and cheap EUR deposits from Fineco accounts to trade over 200 cryptocurrencies to buy and stake with low fees and tight spreads. Their platform is secure and a regulated entity in Europe by the Financial Conduct Authority (FCA).
You can get started via Fineco Bank with this simple guide:
- Sign Up: Create an account on Uphold and complete your verification (personal or company).
- Connect Account: Select the currency you want deposit on the Uphold Platform (EUR +30 more).
- Deposit Funds: Connect your Easybank account to quickly deposit fiat currency.
- Buy Crypto: The final step is to find the crypto you want to buy and execute your trade.
Is Fineco Crypto-Friendly?
Yes, Fineco is a crypto-friendly bank that allows its customers to use digital asset exchanges that are licensed by the Commissione Nazionale per le Società e la Borsa (CONSOB). This means that Fineco account holders can safely transfer funds to and from digital asset exchanges without having to worry about the legalities or risks associated with such activities.
What are the Fees?
The fees for purchasing crypto with Fineco Bank will vary based on the particular cryptocurrency exchange you select. Typically, fees can encompass deposit fees, trading fees, and withdrawal fees. When transferring funds from Fineco Bank to a regulated digital currency exchange such as Uphold EU, you may encounter fees related to bank transfers, debit cards, or credit cards. Fortunately, Uphold offers zero fees for bank transfers and zero commissions on trading, making it the most cost-effective platform in Europe.
Fineco is an online bank headquartered in Italy. The company was founded in 1999 and offers banking, investment, and insurance services. Fineco is licensed and regulated by the Bank of Italy and the European Central Bank. Fineco's products and services include savings accounts, current accounts, mortgages, loans, credit cards, investment products, and insurance products. The company also offers a mobile app and online banking platform.
Fineco has over 5 million customers and operates branches in Italy, France, Spain, Germany, Austria, Belgium, Poland, Portugal, and the United Kingdom. It does not currently offer cryptocurrency trading services, despite its extensive list of available Stock and Bond Markets on the Fineco Investing & ISA trading platform.
Fineco Bank does not directly support the purchase of cryptocurrencies like Bitcoin and Ethereum through its online banking platform. However, it does allow customers to transfer funds to regulated crypto exchanges to invest in digital assets. We recommend Uphold, a CONSOB-licensed exchange in Italy, for swift and affordable deposits from Fineco, granting access to over 200 cryptocurrencies with low fees and tight spreads. Uphold is also the only European exchange providing daily audited proof-of-reserves, ensuring that customer deposits are fully backed.