Is Orange Bank Crypto-Friendly?
Orange Bank is a crypto-friendly financial institution that allows customers to transfer funds into European Securities and Markets Authority (ESMA) licensed trading platforms. ESMA is the European Union’s financial regulator and it oversees Orange Bank’s compliance with anti-money laundering (AML) and countering the financing of terrorism (CFT) regulations.
How to Buy Bitcoin and Crypto with Orange Bank
As mentioned above, the best way to buy Bitcoin, Ethereum, Solana and other cryptocurrencies with an Orange Bank account in Europe is with eToro. They are a secure and ESMA-licensed trading platform that offer instant deposits from Orange Bank to trade a wide range of coins and thousands of alternative assets like stocks, ETFs, commodities and more.
You can get started in minutes with our simple 4-step guide:
- Create an account: Sign up to eToro EU and verify your account.
- Deposit funds: Select the 'Deposit Funds' button on the bottom of your screen to deposit EUR from your Orange Bank account.
- Find your Crypto: Once the EUR hits your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
- Execute your trade: Input the EUR amount you want to invest and execute your trade.
About Orange Bank
Orange Bank is a French bank created in 2017. It is a subsidiary of the Orange Group. Orange Bank offers current accounts, savings accounts, payment cards and loans to individuals as well as mobile banking and insurance products. As of September 2022, Orange Bank had more than 4 million customers. The bank has expanded to other regions in Europe, namely Spain where it opened its first branch in 2019.
Orange has been lauded for its innovative approach to banking, which includes partnerships with major tech companies such as Google and Samsung. The bank has also been recognised for its efforts in financial inclusion, helping to provide access to banking services for underserved communities.