Summary: Bunq permits its customers to transfer funds to regulated digital asset exchanges. As the bank does not provide direct trading services internally, choosing a platform overseen by the De Nederlandsche Bank N.V. (DNB) is crucial for the protection of your assets and compliance with the country's financial rules.

Following a comprehensive analysis of the top exchanges, we’ve identified eToro as the best platform for Bunq customers. eToro supports over 3000+ financial assets, including cryptocurrencies and stocks. The exchange enables immediate Euro deposits through several payment methods, including SEPA, iDEAL, bank transfers, credit cards, and more.

Table of Contents

Can I Buy Bitcoin with Bunq Bank?

Certainly, Bunq Bank customers can buy and trade many cryptocurrencies, including Bitcoin, through approved digital asset exchanges in the Netherlands. It is essential to choose a trading platform that complies with the financial regulations of the De Nederlandsche Bank N.V. (DNB) to ensure the safety of your assets. After transferring your Euros, you can easily start trading them for several digital currencies, such as USDC and Arbitrum.

How to Buy Crypto with Bunq Bank

Bunq Bank clients can begin exploring digital currency markets and trading in assets like Chainlink through a secure exchange that accepts Euro deposits. Our research confirms that eToro is an optimal choice due to its compliance with Dutch financial regulations and wide range of offerings. This platform enables swift Euro deposits through multiple channels, including bank and SEPA transfers, PayPal, iDEAL, and credit or debit cards.

Dutch investors can start trading cryptocurrency by following these easy steps:

  1. Account Setup: Open an account on eToro and complete the required identity verification process.
  2. Currency Selection: Go to the "Deposit Funds" section and select "EUR" as your preferred currency.
  3. Initiate Transfer: Choose a payment option and proceed to transfer funds from your Bunq account.
  4. Transaction Completion: Use the search feature to locate the digital asset you want to buy and finalize your purchase.
How to Buy Crypto with Bunq Bank.
How to Buy Crypto with Bunq Bank.

Bunq Bank Cryptocurrency Policy

Bunq Bank is committed to promoting financial innovation while respecting regulation within the Netherlands. Its customers are welcome to invest in digital assets through platforms that are recognized by the De Nederlandsche Bank N.V. (DNB). We recommend eToro as a trusted exchange approved by several European regulatory bodies, including the DNB. eToro's main office is located at 4 Profiti Ilia Street, Kanika Business Centre, 7th floor, Germasogeia, 4046, Limassol, Cyprus.

Digital Asset Investing Fees

Understanding the costs associated with trading cryptocurrency is crucial for getting the most out of your investments. Here's an overview of common trading expenses you might encounter on digital asset platforms:

  • Trading Charges: Services like eToro usually charge a small commission, around 1%, for buying or selling cryptocurrencies.
  • Funding Costs: These costs vary based on your chosen payment method. For example, deposits through iDEAL often have lower fees than credit and debit card deposits, which can be above 2%.
  • Withdrawal Fees: The costs for transferring your assets usually vary by token. Platforms typically apply a standard fee of 0.0005 BTC for Bitcoin withdrawals.

For Bunq Bank customers, eToro is a superior choice, offering an extensive selection of digital currencies at appealing trading rates. Its approval by authoritative European regulators, including the DNB, makes it a secure option for Dutch investors.

What is Bunq Bank?

Bunq Bank is an innovative financial institution with a firm commitment to banking principles focusing on user experience and convenience. Established in the Netherlands in 2015, it has since gained popularity for its mobile and app services, alongside transparent practices. The bank offers personal and business accounts, international money transfers at interbank rates, and green funds to promote sustainable projects.

Through offering modern features, Bunq has established its reputation as a bank customers can rely on to deliver convenience and foster a positive change in the world. With an operational ethos rooted in improving banking experience and sustainability, it provides not only financial services but also a platform to contribute to a sustainable future.

Bunq Bank Home Page.
Bunq Bank Home Page.

Final Thoughts

To sum up, Bunq Bank provides a secure channel for customers interested in the digital currency market. By affiliating with regulated exchanges like eToro, the bank ensures compliance with Dutch financial laws and extends protection to investor assets. With diverse offerings, competitively low fees, multiple EUR deposit methods, and a friendly user interface, the exchange is an excellent choice for Dutch investors looking to explore cryptocurrencies.