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