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Buy Crypto with Handelsbanken

Buy Crypto with Handelsbanken

Adrian Graham
Fact Checked
Aug 24, 2022

Summary: Handelsbanken does not directly offer cryptocurrency investing through their online banking platform for Swedish and European investors. The only available method to buy crypto via Handelsbanken is through a licensed and regulated digital asset exchange.

We recommend a platform like eToro because they offer fast and cheap EUR deposits via bank transfer from Handelsbanken to trade thousands of different assets with zero fees.

Table of Contents

eToro Platform Highlights

Platform Highlights

  • Fast and cheap Euro (EUR) deposits from all European Banks.
  • Licensed by the Financial Conduct Authority (FCA) and ESMA.
  • 80+ Cryptos and over 7,000 Stocks, ETFs & Commodities with low fees.

Can I Buy Crypto with Handelsbanken?

Handelsbanken is one of the largest banks in Sweden that offers a variety of traditional financial products and services, which does not include cryptocurrency investing. At the time of writing, there is no way for Handelsbanken account holder to directly buy, sell or store cryptocurrencies with the bank.

That said, Handelsbanken does allow its customer to withdraw Euros (EUR) from their bank account to European Securities and Markets Authority licensed trading platforms to buy cryptocurrencies.

Handelsbanken

How to Buy Crypto with Handelsbanken?

The easiest way to invest in Crypto in Sweden with a Handelsbanken account is through a trusted exchange like eToro. They offer fast and cheap Euro (EUR) deposits from Handelsbanken bank transfer, or Debit Card and Credit Card. You can trade over 80 Cryptos and 8,000+ stocks, ETFs, commodities and other assets for zero trading commissions.

Get started in 4 simple steps:

  1. Create an account: Sign up to the eToro platform and verify your identity (personal or company).
  2. Fund your account: Select the 'Deposit Funds' button on the bottom of your screen to deposit funds from Klarna or an alternative method.
  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 Handelsbanken

Handelsbanken Crypto Policy

Although there is no direct way to buy cryptocurrencies with Handelsbanken, the bank has stated that they "do not prohibit" their customers from buying digital assets on licensed exchanges. In other words, as long as you're using a regulated platform to buy crypto, you shouldn't have any problems withdrawing or depositing EUR from Handelsbanken to the exchange.

About Handelsbanken

Handelsbanken is a Swedish bank that was founded in 1871. The bank has over 700 branches in Sweden and Finland, and also has operations in Denmark, Norway, the United Kingdom, the Netherlands, Luxembourg, Gibraltar, the Caribbean and USA. Handelsbanken offers a wide range of financial services including savings accounts, loans, credit cards and investment products. The bank has a strong focus on customer service and offering a personal approach to banking.

The bank has been ranked as the "most trusted" bank in Sweden for 11 years in a row (2007-2017) and is also one of the few banks in the world to have a AAA credit rating from both Standard & Poor's and Moody's.

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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