Can I buy Crypto with Klarna?
No, the Klarna App does not offer any direct methods for customers to buy Cryptocurrencies like Bitcoin and Ethereum. That said, Klarna account holders can deposit their funds onto compatible cryptocurrency exchanges that are regulated in their respective jurisdictions.
How to buy Cryptocurrency with Klarna
The safest and easiest way to invest in Crypto with a Klarna account is through the world's largest multi-asset brokerage platform eToro. They are a globally recognized and regulated company with over 10 million customers in 140 countries. eToro offers fast and cheap deposits from Klarna/Sofot accounts to trade Cryptocurrencies, Stocks, ETFs, and other assets.
You can get started with this simple guide:
- Create an account: Sign up to the eToro platform and verify your identity (personal or company).
- Fund your account: Select the 'Deposit Funds' button on the bottom of your screen to deposit funds from Klarna or an alternative method.
- Find Crypto: Once the funds hit your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
- Execute your trade: Input the fiat amount you want to buy and execute your trade.
Klarna is a Swedish payments company that offers direct payments, invoicing, and financing services. The company was founded in 2005 and serves over 60 million customers worldwide. Klarna is available in 14 countries and partners with over 250,000 merchants.
Klarna's services include:
- Direct Payments: A service that allows customers to pay for online purchases directly from their bank account.
- Invoicing: A service that allows customers to receive and pay invoices via the Klarna app.
- Financing: A service that offers financing options for online purchases.
Klarna is one of the largest payment companies in Europe and has been growing rapidly in recent years. In 2018, the company processed $30 billion in payments and is on track to process $45 billion in 2019.
Klarna's Cryptocurrency Policy
Klarna does not have any policies which prohibit its customers from buying and selling cryptocurrencies from licensed exchanges. This means that Klarna customers can safely interact with platforms like eToro without having to worry about an account ban or freeze.