Crypto Banks
How to buy Crypto with Sberbank

How to buy Crypto with Sberbank

Andrew Chen
Fact Checked
Jan 15, 2023

Summary: 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 Bybit platform because they offer fast and cheap Euro (EUR) deposits from Sberbank. Bybit allows users to trade 400+ cryptocurrencies and stake over 200 tokens with APYs (yields) up to 140%.

Table of Contents

Best Exchange for Sberbank

Platform Highlights

  • Instant deposits from Sberbank accounts with 61 different fiat currencies RUB, EUR and more.
  • Buy, sell and trade 400+ Cryptocurrencies for low fees via Spot, Futures & Options trading.
  • Non-KYC exchange with audited proof-of-reserves that show customer funds are backed 1:1.
Bybit - Sberbank
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Audited Proof of Reserves
Audited Proof of Reserves

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 cryptocurrencies with Sberbank is through Bybit. There are over 70 deposit methods available on Bybit for Sberbank account holders (depending on what currency you deposit). You can get started in minutes from your Sberbank account with this guide:

  1. Sign Up: Open a free account on Bybit and complete the onboarding processes.
  2. Deposit Funds: Click 'Buy Crypto', then 'One-Click Buy' and select your currency.
  3. Find Token: Select a method and the cryptocurrency you want to purchase.
  4. Buy Crypto: Input the amount you want to purchase and tap 'Buy'.
How to buy Crypto with Sberbank Online.
How to buy Crypto with Sberbank Online.

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 Bybit.

About Sberbank

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.

Final Thoughts

Sberbank does not directly offer a cryptocurrency trading service. However, customers can sign up to an EBA-regulated platform like Bybit for access to 400+ cryptocurrencies and a range of staking options with yields up to 140%. Bybit provides fast and secure Euro (EUR) deposits from Sberbank and other European banks.

Andrew Chen

Former Bitcoin Maximalist turned multi-chain enjoyer. I hunt down the best yields across AVAX, Solana, Fantom and other networks.

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