Can I buy Cryptocurrency with ING Bank?
You cannot buy or store digital assets with ING Bank because they do not support Cryptocurrency infrastructure like wallets or exchanges. ING has not announced any plans in the near future to support cryptocurrency trading directly through their Online Banking platform.
This means you will need to sign up for a digital currency exchange that accepts fiat deposits from ING Bank to trade crypto.
How to buy Crypto with ING Online
The easiest way to buy Bitcoin, Ethereum and other cryptocurrencies with ING Bank is through eToro EU. Their platform offers fast and cheap EUR, GBP & USD deposits to trade Crypto, Stocks, ETFs, Commodities, Bonds and many other assets.
You can get started in 4 simple steps:
- Step 1: Sign up to eToro EU and verify your identity.
- Step 2: Select the 'Deposit Funds' button on the bottom of your dashboard to transfer fiat from ING Bank.
- Step 3: Login to your ING Bank account and deposit fiat into the unique deposit details provided to you by eToro.
- Step 4: Once the fiat hits your account, navigate through the eToro trading platform and buy any asset.
ING Crypto Wallet and Custody
ING does not provide cryptocurrency wallets or secure custodial services for institutional investors and family offices. That said, they have spoken about potentially releasing a ING Bank Crypto Wallet solution soon.
If you are a high-net-worth investor looking for tailored & white-glove service to buy and store large quantities of crypto, we recommend you check out a Crypto Over-the-Counter Desk(OTC Desk).
Is ING Bank Crypto-Friendly?
ING Bank is a crypto-friendly financial institution that allows its customers across Europe, the UK, the USA, and abroad to freely buy and sell digital assets. Their banking policies only state that investors need to avoid off-shore and unlicensed trading platforms like BitMex or Gate.io.
This is why we recommend that you stick to trusted platforms like eToro which have been licensed by European and US regulators since 2008.
About ING Bank
ING Bank is a Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, asset management, and insurance services. ING Group also operated in the United States until October 2017 when it sold most of its American division to Capital One.
The company was founded in 1991 as a result of the merger of two Dutch banks, NMB Postbank Groep and the original Rotterdamsche Bank, which had been established in the 19th century. It was initially named NMB Postbank Group, but changed its name to ING Group in 1998. The group consisted of several insurance companies as well as banks and other financial services companies, with operations throughout Europe, North America, Asia Pacific, and South America.
The Orange Lion on ING's logo alludes to the Group's Dutch origins under the House of Orange-Nassau. ING is an abbreviation for Internationale Nederlanden Groep (literal translation: "International Netherlands Group").