Crypto Banks
How to buy Crypto or Bitcoin with Raiffeisen Bank

How to buy Crypto or Bitcoin with Raiffeisen Bank

Summary: Raiffeisen Bank does not directly offer Cryptocurrency services through its online banking platform. This means that clients of Raiffeisen Bank will need to set up an account with a licensed digital currency exchange in Europe and deposit EUR to buy crypto.

Our top pick for investors in Europe is Uphold. Their platform offers free and instant Euro (EUR) deposits to Raiffeisen customers to trade over 250 Cryptocurrencies with zero fees. Uphold is a regulated exchange by the Financial Conduct Authority (FCA) and is based in London.

Table of Contents

Best Crypto Exchange for Raiffeisen Bank Customers

Platform Highlights

  • Trade 250+ Cryptos with free and instant EUR deposits through Raiffeisen Bank.
  • Regularly audited proof-of-reserves that show users funds are always held 1:1.
  • Regulated and Licensed by the Financial Conduct Authority (FCA).
Uphold - Raiffeisen Bank
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Audited Proof of Reserves
Audited Proof of Reserves

Can I buy Crypto with Raiffeisen Bank?

Raiffeisen Bank does not currently offer any direct Cryptocurrency-related services. However, clients of the bank are still able to indirectly purchase cryptocurrencies like Bitcoin (BTC) by using third-party services. To do this, Raiffeisen clients need to set up an account with a licensed cryptocurrency exchange. Once you have made an account, you can buy and sell tokens directly through the trading platform.

As previously mentioned, we recommend using Uphold as it is the most secure digital asset exchange in Europe. It is the only platform that provides regularly audited proof of reserves that shows users' funds are always held 1:1 on the exchange. If you would like to learn more, visit our detailed Uphold Review.

Uphold Exchange.
Uphold Exchange.

How to buy Crypto with Raiffeisen Online

The easiest way to buy Bitcoin, Ethereum, and other Cryptocurrencies with Raiffeisen Bank is through the Uphold trading platform. Raiffeisen Bank account holders can deposit EUR to Uphold via Bank Transfer, Credit Card, Debit Card, Apple Pay, Google Pay or SEPA. You can get started with this simple step-by-step guide.

  1. Create a free account on Uphold with your email and complete the onboarding process.
  2. Connect your Raiffeisen Bank account to Uphold by selecting the 'EUR' button on your dashboard.
  3. You can then select the 'connect bank' button to link your Raiffeisen account to Uphold.
  4. Find the Cryptocurrency you want to buy and execute your trade.
How to buy Crypto with Raiffeisen Online.
How to buy Crypto with Raiffeisen Online.

Is Raiffeisen Bank Crypto-Friendly?

Yes, Raiffeisen Bank has a positive stance on Cryptocurrencies. They recognize the potential benefits that digital currencies bring to the financial industry, such as increased efficiency, faster transaction times, and lower fees. The bank believes that Cryptocurrencies have the potential to greatly improve financial services and make them more accessible to a wider range of customers.

Raiffeisen Bank has implemented various initiatives to support the adoption and integration of cryptocurrencies into their services. For example, the bank allows its customers the ability to buy and sell Cryptocurrencies, such as Bitcoin and Ethereum, through regulated and licensed digital asset exchanges like Uphold.

About Raiffeisen Bank

Raiffeisen Bank International AG (RBI) is an Austrian bank with subsidiaries in Central and Eastern Europe. RBI's core markets are Austria and Central and Eastern Europe (CEE). It operates one of the largest banking networks in CEE and is also present in selected Western European countries.

The Raiffeisen brand stands for comprehensive financial services, sustainable value creation, and a trusting relationship with more than 16 million customers in 17 countries.

Raiffeisen Bank International is a fully Consolidated Subsidiary of Raiffeisen Bank International AG headquartered in Vienna, Austria. The bank offers a wide range of banking products and services for private individuals and corporate clients in Austria and Central and Eastern Europe. The product range includes loans, deposit products, payment transactions, and leasing.

Raiffeisen Bank.
Raiffeisen Bank.

Final Thoughts

Raiffeisen Bank is a trusted and secure banking provider in Central and Eastern Europe, offering its customers a wide range of financial services. Although the bank does not currently offer direct Cryptocurrency-related services, its clients are still able to purchase digital currencies like Bitcoin (BTC) through third-party exchanges like Uphold.

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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