Summary: Habib Bank in Pakistan does not provide direct cryptocurrency investment options through its website or mobile application. However, customers can transfer funds to approved and regulated crypto exchanges that comply with the guidelines set forth by the State Bank of Pakistan (SBP) for purchasing and selling digital currencies.
Based on our evaluation, we suggest the Binance exchange, as it is regulated in Pakistan and allows quick, affordable Pakistani Rupee (PKR) deposits directly from HBL accounts. Offering a wide range of over 350 cryptocurrencies and highly competitive fees starting at just 0.1% per transaction, Binance remains a leading choice in the market.
Best Exchange for Habib Bank (HBL)
- Instant and free Pakistani Rupee (PKR) deposits from Habib Bank (HBL).
- Trade 350+ crypto assets with low fees starting at 0.1% per trade.
- Largest and most trusted Cryptocurrency exchange in the world with 100 million users.
How to Buy Bitcoin and Crypto with Habib Bank (HBL)
The safest way to purchase Bitcoin and cryptocurrencies using your Habib Bank account is through a regulated exchange. After reviewing the top platforms available, we recommend Binance due to its regulatory compliance and affordable deposits via Habib Bank transfers, instant credit transfers, or Habib credit and debit cards, providing access to a wide array of crypto assets.
Follow these four straightforward steps to begin investing in cryptocurrencies from your HBL account in minutes:
- Sign Up: Register an account on Binance and complete the identity verification process.
- Deposit Funds: Choose Pakistani Rupee (PKR) as your currency and select the cryptocurrency you wish to purchase.
- Transfer Funds: Deposit funds from your Habib Bank account using a bank transfer or another appropriate method.
- Purchase Crypto: Click 'Buy', and the tokens will be instantly credited to your account.
Habib Bank Cryptocurrency Policy
Habib Bank adopts a forward-thinking approach towards cryptocurrencies, allowing customers to use their Pakistani Rupee (PKR) for buying and trading digital assets via exchanges that comply with the regulations set by the State Bank of Pakistan (SBP). As a leading Pakistani banking institution, Habib Bank simplifies direct fund transfers to cryptocurrency platforms through their mobile app, making investments in this emerging asset class more accessible and convenient.
About Habib Bank
Habib Bank, established in 1947 in Karachi, is a prominent Pakistani financial institution. It provides a comprehensive range of financial services, including personal and corporate banking, investment banking, asset management, and insurance. With an extensive network of branches and a robust online presence, Habib Bank caters to individual clients, small and medium-sized enterprises (SMEs), and large corporations, distinguishing itself as a major retail banking provider in Pakistan.
In conclusion, Habib Bank offers a reliable and secure gateway for its customers to invest in cryptocurrencies by facilitating transfers to regulated exchanges like Binance. With a comprehensive range of crypto assets, competitive fees, and adherence to the State Bank of Pakistan's regulations, this partnership ensures a seamless experience for Pakistani investors.
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.