Key Takeaways: Sberbank does not directly offer cryptocurrency trading services through the Sberbank online banking platform. The only way to buy digital assets through your Sberbank account is by signing up to a licensed and regulated exchange in Europe.
If you are looking to get started quickly, we recommend the eToro platform because they offer fast and cheap Euro (EUR) deposits from Sberbank. Their exchange is licensed by ESMA and the Financial Conduct Authority (FCA).
- Fast and cheap EUR deposits from European Banks.
- Licensed by the Financial Conduct Authority (FCA) and ESMA.
- 80+ Cryptos and over 7,000 Stocks, ETFs & Commodities with low fees.
Table of Contents
Can I buy Cryptocurrencies with Sberbank?
The Sberbank Online banking platform does not offer any digital asset services, which include cryptocurrency trading and cryptocurrency custody. This means that prospective digital asset investors will need to sign up to a European exchange that is licensed and regulated to operate throughout the EU.
How to buy Crypto with Sberbank Online
The easiest way to invest in Bitcoin or Cryptocurrencies with Sberbank is with the eToro trading platform. They offer fast and cheap EUR deposits from Sberbank accounts to trade over 60 cryptocurrencies and thousands of Stocks, ETFs, and Commodities available on their platform.
You can get started in minutes from your Sberbank account with this guide:
- Sign up to the eToro EU trading platform and verify your identity.
- Select the 'Deposit Funds' button at the bottom of your eToro Dashboard.
- Select 'Bank Transfer' as your deposit method to connect your Sberbank Online Banking account.
- Deposit EUR via bank transfer to the unique deposit details provided to you by eToro.
- Once the EUR lands in your account, find the asset you want to buy and execute your trade.
Once you finalise your trade, the Crypto or Asset will be automatically stored in your eToro Managed Wallet.
Sberbank Crypto Policy
As of the time of writing, Sberbank does not have any adverse banking policies which prohibit its customers from buying or selling digital assets. Sberbank account holders can safely buy and sell cryptocurrencies from European Banking Authority (EBA) approved digital asset trading platforms like eToro.
Sberbank is one of the largest banks in Europe with over 3,500 branches and a customer base of over 150 million. Sberbank was founded in 1841 and is headquartered in Moscow, Russia. The bank is regulated by the Central Bank of Russia and is a member of the Association of Russian Banks.
The bank offers a wide range of services including loans, mortgages, savings accounts, credit cards, and investment products. Sberbank Online is the bank's online banking platform and it is easy to use. The platform offers a wide range of features and services including account management, bill payments, money transfers, and mobile banking.
Sberbank is a safe and regulated bank in Europe and offers a high level of protection for customers' deposits. The bank has a strong financial rating and is well-positioned to weather economic downturns.