How to Buy Bitcoin or Crypto LCL Banque
As mentioned above, the best crypto broker to invest in digital assets with LCL is eToro. Their exchange is regulated by the European Securities and Markets Authority (ESMA) and offers fast and cheap deposits with bank transfers, debit cards and credit cards from LCL Banque.
You can get started in 4 simple steps outline below:
- Sign up to eToro and verify your identity.
- Select the 'Deposit Funds' button to deposit EUR from LCL or an alternative method.
- Once the funds hit your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
- Input the fiat amount you want to buy and execute your trade.
What are the Trading Fees?
LCL Banque does not charge any fees for domestic bank transfers. When using eToro to buy crypto, the only fee you pay is the spread, which is the difference between the buy and sell price on each trade that averages at around 0.5%. eToro also offers a 0% commission when buying select cryptos, making them the cheapest exchange to invest in assets.
LCL Cryptocurrency Policy
LCL Banque has not released an official policy on cryptocurrency trading or investments by its customers. That said, the bank does offer transfers to licensed crypto brokers like eToro. The French central bank, La Banque de France, has issued several warnings about the risks associated with investing in digital assets. They have also banned the advertising of crypto-related products and services by financial institutions.
What is LCL Banque?
LCL Banque is a French bank that offers a range of banking services to individuals, businesses and professionals. Services include savings and current accounts, loans, credit cards, investment products and more. LCL Banque is part of the Crédit Agricole Group, one of the largest banks in France.
LCL has a wide network of branches and ATM's across France, as well as an online banking platform that lets customers manage their accounts and carry out transactions 24/7. The bank also offers a mobile app for iOS and Android devices, which lets customers check their balances, make payments and transfers, and more.
For businesses, LCL Banque offers a range of products and services including business accounts, loans, credit cards, payment services and more. The bank also has a dedicated team of business specialists who can provide advice and support on a range of topics such as finance, accounting, taxation and more.