Can I buy Crypto with Intesa Sanpaolo Bank?
Intesa Sanpaolo does not offer any digital asset services like crypto trading, or cryptocurrency custody through their online banking platform. This is because their bank does not support the required infrastructure necessary to facilitate cryptocurrency transactions, such as a crypto wallet.
The only way Intesa Sanpaolo bank account holders can buy cryptocurrencies is through a licensed and regulated cryptocurrency trading platform in Italy and Europe. With this method, you can transfer funds directly from your Intesa online banking account through web or mobile to start trading crypto assets.
How to buy Crypto with Intesa Sanpaolo
The easiest way to buy Crypto with an Intesa Sanpaolo bank account in Italy or Europe is through the Uphold EU trading platform. They offer fast and cheap EUR deposits from Intesa Sanpaolo accounts to buy and sell over 220 cryptocurrencies and hundreds of Stocks, ETFs, Commodities, Options, and more.
You can get started via Intesa Sanpaolo with this simple guide:
- Sign up to the Uphold exchange with your email and complete the verification process (personal or company).
- Connect your Intesa Sanpaolo Bank 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 Intesa Sanpaolo account to the platform and deposit Euros (EUR) or another fiat currency.
- Once the funds arrive, find the cryptocurrency you want to purchase and execute your trade.
Fees to Buy Crypto with Intesa
Uphold is one of the cheapest ways to buy Crypto with an Intesa Sanpaolo bank account. They charge a low spread-based fee on all cryptocurrency trades and no deposit or withdrawal fees.
About Intesa Sanpaolo
Intesa Sanpaolo is an Italian banking group. It operates through a network of over 4,000 branches in Italy and abroad. The group also has a number of subsidiaries in the areas of asset management, private equity, insurance and factoring. The bank's history can be traced back to 1866, when it was founded as Banca Popolare di Novara. In 2007, the bank merged with Banca Intesa and adopted its current name.
Intesa Sanpaolo is the largest bank in Italy by market capitalization and one of the largest banks in Europe. As of December 31, 2016, the bank's total assets amounted to EUR 461.9 billion. The bank's net profit for 2016 was EUR 3.4 billion. The bank is a member of the European Banking Federation and the International Monetary Fund. It is also a signatory of the Basel Accords.