Can I buy Cryptocurrencies with Hype Bank?
Yes, investors can buy Bitcoin directly through the Hype Bank app in Italy. However, they do not offer alternative crypto assets like ETH and other popular tokens, as well as traditional assets like stocks and ETFs. For users looking to buy and sell more assets with a Hype Bank account or Hype Card, you will need to use an ESMA-regulated broker in Italy.
How to Buy Crypto with Hype Bank
As mentioned above, the best way to buy Cryptocurrencies with Hype Bank online and Hype Bank cards is with a European Securities and Markets Authority (ESMA) licensed exchange. We recommend the Uphold platform because they are regulated, offers instant deposits from Hype and has a very wide selection of cryptocurrencies and other assets.
You can get started with our simple guide below:
- Sign Up: Open a free account on Uphold and complete the verification process.
- Connect Account: Select 'Euros' as the currency you want deposit on Uphold.
- Deposit Euros: Connect your Hype Bank account to quickly deposit your Euros.
- Buy Crypto: Find the cryptocurrency you want to buy and execute your trade.
Is Hype Bank Crypto-Friendly?
Yes, Hype Bank is one of the most crypto-friendly digital banks in Italy and Europe. They are one of the few banks that allow its customers to buy Bitcoin directly through its online banking app.
About Hype Bank in Italy
Hype Bank is an online bank based in Italy that offers a range of banking products and services to customers across the country. The bank has a strong focus on providing excellent customer service, and it offers a wide range of features and benefits to its customers. These include a free online banking service, a wide range of credit products, and a number of other financial services. The digital banking app offers instant and free money transfers, a Hype debit card, and a mobile app to help you manage your finances on the go.
Hype Bank is a member of the European Union, and it is regulated by the Central Bank of Italy. The bank is also a member of the Italian Banking Association.
In conclusion, Hype Bank is a crypto-friendly digital bank in Italy that allows customers to buy Bitcoin through its online banking app. However, it does not offer other cryptocurrencies and traditional assets. For users looking to buy and sell a wider range of assets, a licensed and regulated crypto exchange is recommended. Our top pick is Uphold, which offers instant and cheap deposits from Hype Bank and a wide selection of cryptocurrencies and other assets. With Uphold's regulated status and audited proof-of-reserves, you can ensure the safety of your funds and adhere to the regulatory requirements of the financial industry.