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How to Buy Crypto with Halkbank

How to Buy Crypto with Halkbank

Karen Tren
Fact Checked
Sep 24, 2022

Summary: The Halkbank internet banking platform does not offer any investing services for stocks, gold or cryptocurrencies like Bitcoin and Ethereum. Halkbank users looking to invest in crypto will need to deposit Turkish Lira (TRY) into a licensed and regulated trading platform.

If you are looking to get started quickly, Bybit offers fast and cheap TRY deposits via Halkbank to trade over 700 cryptocurrencies on a secure platform trusted by over 30 million users.

Table of Contents

Best Exchange in Turkey

Platform Highlights

  • Instant Turkish Lira (TRY) deposits via bank transfer or debit/credit card.
  • Buy and sell 700+ cryptos with futures and spot trading.
  • NFT Marketplace, IDO Launchpad & other features.

How to Buy Crypto with Halkbank online

The easiest way to buy and trade cryptocurrencies from your Halkbank internet banking account is through the Bybit exchange. They offer instant TRY deposits to trade over 700 cryptocurrencies with low fees starting at 0.05%. Their platform also allows investors in Turkey to stake coins like BTC, ETH,  USDT and 50 others to earn annual interest.

Follow the simple 4-step guide below to start buying crypto from your Halkbank account.

  1. Sign up to Bybit (does not need ID or KYC information).
  2. Select the fiat currency (TRY) you want to use and the crypto you want to buy.
  3. Select the deposit method you want to use from Halkbank (Bank Transfer Debit Card, Credit Card, Apple Pay etc).
  4. Complete the transaction and the funds will arrive in your account immediately.
Buying 1 ETH with 25,294.79 TRY on Bybit.

What is Halkbank's Crypto Policy?

Halkbank has a clear and concise policy when it comes to cryptocurrencies. Halkbank clients can use their accounts to buy, sell, and hold cryptocurrencies. However, the bank does not provide custody services for digital assets. This means that clients are responsible for storing their own cryptocurrencies, and must take measures to keep them safe from theft or loss.

The bank also does not allow its clients to use cryptocurrencies for illegal activity. This includes but is not limited to money laundering, terrorist financing, and fraud. If a client is found to be using their account for any illegal purpose, their account will be immediately frozen and they will be reported to the relevant authorities.

About Halkbank

Halkbank is one of the largest banks in Turkey. It was founded in 1938 and offers a wide range of banking services, including retail and corporate banking, trade finance, treasury, and project financing. Halkbank has a network of over 1,000 branches and more than 4,000 ATMs across Turkey. It also has a significant presence in key international markets, including Germany, the UK, the UAE, and Qatar. Halkbank is listed on the Borsa Istanbul stock exchange and has a market capitalization of around US$15 billion.

Halkbank

Headquartered in Ankara, Halkbank employs around 33,000 people and reported total assets of TRY295 billion (US$70 billion) at the end of 2022. Halkbank is majority-owned by the Turkish government (51%), with the remaining shares held by public and institutional investors.

Halkbank provides a wide range of banking products and services to retail and corporate customers in Turkey and abroad. Retail banking products and services include deposit accounts, credit cards, loans, and mortgages. The bank also offers a range of investment products, such as mutual funds and pension plans.

Karen Tren

Full-time writer and cryptocurrency newbie! Learning about NFTs, DeFi and GameFi with my research and writing for BuyBitcoinBank.

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