Crypto Banks
How to Buy Crypto with Hellenic Bank

How to Buy Crypto with Hellenic Bank

Summary: Hellenic Bank does not currently offer investors the ability to buy and sell cryptocurrencies through its online banking platform. That said, they do allow customers to transfer funds from their internet banking account to a CySEC-regulated crypto broker to invest in digital assets.

We recommend the Uphold EU platform for Hellenic Bank customers because they are licensed and offer fast bank transfers from all banks based in Cyprus. Their exchange offers over 200 cryptocurrencies and hundreds of stocks, ETFs and other assets.

Table of Contents

Best Crypto Broker for Hellenic Bank

Platform Highlights

  • Trade over 220 Cryptos with fast and cheap Euro (EUR) deposits from Hellenic Bank.
  • Regulated and Licensed by the Financial Conduct Authority (FCA), FinCEN and has audited Proof-of-Reserves for customer funds.
  • Offers multiple asset classes including Crypto (and crypto saking), Stocks, ETFs, Metals and more.
Uphold - Hellenic Bank
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Audited Proof of Reserves
Audited Proof of Reserves

How to Buy Cryptocurrencies with Hellenic Bank

As mentioned above, the best way to buy cryptocurrencies with a Hellenic Bank account is with a Cyprus Securities and Exchange Commission (CySEC) licensed trading platform. We generally recommend Uphold because they are licensed by CySEC, the FCA and ESMA in Europe to provide crypto brokerage services. They also offer fast and cheap bank transfers from any European bank.

You can get started in minutes with our simple 4-step guide:

  1. Sign Up: Create an account on Uphold and complete your verification.
  2. Connect Account: Connect your Hellenic Bank account or card to Uphold by selecting the fiat currency you want to transfer on your dashboard.
  3. Deposit Funds: You can then select the 'connect bank' button to link any European Bank account and deposit Euros (EUR).
  4. Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade.
Deposit Euros with Hellenic Bank.
Deposit Euros with Hellenic Bank.

What is Hellenic Bank's Crypto Policy?

Hellenic Bank does not currently have a formal policy on cryptocurrencies, however, they are monitoring developments in this area closely. As such, they do not provide any guidance on buying, selling or holding cryptocurrencies. The bank advises caution to customers that cryptocurrencies are a highly volatile asset class and recommend that they seek financial advice if they are considering investing in them.

With that said, they do allow customers to use their bank account, or debit and credit cards to purchase cryptocurrencies on exchanges. However, they do not permit customers to store or trade cryptocurrencies on the bank's premises.

Can I buy Stocks with Hellenic Bank?

The short answer is no. Like crypto assets, Hellenic Bank does not offer any products or services to invest in stocks and other assets through its internet banking platform.  However, you can use your bank account to make a deposit on a third-party broker like Uphold that does offer these services.

About Hellenic Bank

Hellenic Bank was founded in 1976 and is one of the largest banks in Cyprus. The Bank provides a full range of banking services to both corporate and retail customers. Hellenic Bank has a strong presence in the Cypriot market with a network of over 70 branches and 400 ATMs. The Bank also has a significant presence in London, New York and Athens.

Hellenic Bank

Hellenic Bank is a strong supporter of the Cypriot economy and is actively involved in financing major projects in the country. The Bank is also a leading provider of banking services to the Cypriot diaspora. The Hellenic Bank Group employs over 3,000 people and has assets of over EUR 10 billion.

Final Thoughts

In conclusion, Hellenic Bank does not offer a direct platform for buying and selling cryptocurrencies but it allows its customers to transfer funds from their internet banking account to a licensed and regulated crypto broker. For those customers looking to invest in cryptocurrencies, we recommend Uphold EU as a reliable and trustworthy broker, offering fast bank transfers and a wide range of assets including cryptocurrencies, stocks, ETFs, and more.

Alysha Jane

I am a Finance graduate and market analyst that enjoys researching and writing about digital assets and how they intersect with Macro.

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