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 Uphold. They offer fast and cheap Euro (EUR) deposits from Handelsbanken bank transfer, or Debit Card and Credit Card. You can trade over 250 cryptocurrencies and other assets for zero trading commissions. They are one of the only exchanges in Europe to have a transparency report outlining their audited proof-of-reserves.
You can get started with their platform in 4 simple steps:
- Sign up to the Uphold exchange with your email and complete the verification process.
- Connect your Handelsbanken account or debit/credit card to Uphold by selecting the fiat currency you want to deposit on your dashboard.
- You can then select the 'connect bank' button to link your Handelsbanken account to the platform and deposit Swedish Krona (SEK), Euros (EUR) and other currencies.
- Once the funds arrive, find the cryptocurrency you want to purchase and execute your trade.
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 European Securities and Markets Authority regulated platform to buy crypto, you shouldn't have any problems withdrawing or depositing EUR from Handelsbanken to the exchange.
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.
In summary, Handelsbanken does not directly support cryptocurrency investments on their online banking platform. However, Swedish and European investors can still buy crypto using a licensed and regulated digital asset exchange like Uphold. Uphold offers fast, cheap deposits in Swedish Krona (SEK) and Euros (EUR) from Handelsbanken, allowing users to trade over 250 cryptocurrencies without any trading fees.
The platform is also distinguished by its audited proof-of-reserves. By using a regulated exchange, Handelsbanken customers can invest in digital assets while remaining compliant with the bank's crypto policy.