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Buy Crypto with La Banque Postal

Buy Crypto with La Banque Postal

Dylan Matthews
Fact Checked
Oct 29, 2022

Summary: The best way to buy Cryptocurrencies with La Banque Postal in Europe is with a European Securities and Markets Authority (ESMA) licensed exchange.

We recommend the eToro platform because they are ESMA-licensed and offer fast and cheap EUR deposits from La Banque Postal to trade over 70 cryptos and thousands of other assets.

Table of Contents

Best Crypto Broker for La Banque Postal

Platform Highlights

  • Fast and Cheap Euro (EUR) deposits from La Banque Postal
  • Licensed by the Financial Conduct Authority (FCA) and ESMA in Europe.
  • Trade 80+ Cryptos and over 8,000 Stocks, ETFs, Currencies and Commodities.

Does La Banque Postal offer Crypto?

La Banque Postal does not directly offer crypto investing services through its online banking platform. This means that you cannot buy digital currencies or 'crypto-monnaie' through your La Banque Postal account and store them with the bank.

This is because they do not support the necessary infrastructure required to facilitate on-chain cryptocurrency transactions. That said, they have said that they are looking at supporting crypto features in the near future.

How to buy Crypto or Bitcoin with La Banque Postal

The easiest way to buy Crypto in France with a La Banque Postal account is through an ESMA-licensed exchange that is regulated in Europe. We recommend the eToro EU platform because they hold the necessary licensing to operate a digital currency exchange legally throughout Europe.

Their platform offers fast and low-fee EUR deposits from La Banque Postal via Bank Transfer or Debit Card/Credit Card. You can get started in minutes with this simple guide:

  1. Create an account: Sign up to eToro and verify your identity.
  2. Fund your account: Select the 'Deposit Funds' button to deposit EUR from La Banque Postal or an alternative method.
  3. Find Crypto: Once the funds hit your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
  4. Execute your trade: Input the fiat amount you want to buy and execute your trade.
buy crypto monnaie on eToro
Buy Crypto and other assets with La Banque Postal on eToro.

La Banque Postal Crypto Policy

While La Banque Postal does not currently offer direct crypto services, they have stated that they are considering offering these features sometime in the future. This highlights that La Banque has a positive policy and stance toward crypto and is actively looking to adopt it in the future.

In the meantime, their policy is to prevent money laundering and terrorist financing by monitoring all customer transactions for signs of suspicious activity. This means that if you want to buy digital currencies with a La Banque Postal account, you will need to do so through a regulated exchange.

About La Banque Postal

La Banque Postale, or "the post office bank", is a French bank created in 2006. It is a subsidiary of the French postal service, La Poste. The bank offers a wide range of products and services, including savings accounts, checking accounts, consumer loans, and investment products. The bank has over 4,000 branches across France and over 30,000 employees and serves over 20 million customers.

La Banque Postal Crypto Monnaie

La Banque Postale was created in 2006 as a result of the privatization of La Poste. The French government decided to sell off a portion of the postal service in order to generate revenue and reduce the deficit. The bank is majority owned by the French government, with a minority stake held by Caisse des Dépôts et Consignations (CDC).

Dylan Matthews

I am the Founder & CEO of Buy Bitcoin Bank and was previously an engineer for a Prop trading firm in Crypto.

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