Summary: Bank Pekao allows customers interested in cryptocurrency to transfer funds to certified exchanges for the purpose of investing in tokens like Bitcoin or Ethereum. Although the bank does not offer direct trading services, it enables secure transactions to platforms regulated by the Polish Financial Supervision Authority (KNF). It’s important to use an exchange that accepts deposits in PLN to avoid high conversion fees.

After completing a detailed examination of the top platforms, we've identified Bybit as the optimal choice for clients of Bank Pekao. Bybit offers free and fast deposits in Polish Zloty to buy, sell, trade and stake an impressive selection of over 1000 cryptocurrencies. The exchange’s interface can be used entirely in Polish and provides live customer support in the language, making it ideal for investors based in Poland.

Table of Contents

Can I Buy Bitcoin with Bank Pekao?

Certainly, clients of Bank Pekao can engage in the purchase and trading of digital currencies such as Bitcoin through cryptocurrency exchanges in Poland. It is essential for Polish investors to select platforms regulated by the Polish Financial Supervision Authority (KNF), as this adherence to local laws ensures the protection of their investments. After depositing PLN, clients are then able to acquire a variety of coins like Tether or Solana.

How to Buy Crypto with Bank Pekao

Bank Pekao account holders interested in exploring the cryptocurrency landscape can purchase and trade various digital currencies through trusted investment platforms. We recommend considering Bybit for its compliance with Polish regulations and its extensive range of investment choices. This platform offers a seamless process for depositing PLN, with multiple payment options, including credit cards, Przelewy24, bank and SEPA transfers.

Here's a simple guide to start your digital asset investment journey:

  1. Create Account: Register on Bybit and complete the verification process.
  2. Select Payment Option: Tap ‘Buy Crypto’ and pick one of the available deposit options.
  3. Pick Deposit Currency: Select ‘PLN’ as your fiat currency and choose a payment method.
  4. Execute Trade: Find your desired crypto, input your desired investment amount, and click ‘Buy’.
How to Buy Crypto with Bank Pekao.
Buy Crypto with Bank Pekao via Bybit.

Bank Pekao Cryptocurrency Policy

Bank Pekao is committed to fostering financial innovation while strictly adhering to Polish regulatory standards. It encourages its clients' engagement in the digital asset market by facilitating transactions with platforms approved by the Polish Financial Supervision Authority (KNF). For those interested in cryptocurrency trading, Bybit stands out as a commendable choice. It regularly updates its proof of reserves to show users that all assets are being held on a 1:1 basis.

Digital Asset Investing Fees

Understanding the expenses related to digital asset investment is essential. Here are the typical fees encountered on trading platforms when buying or trading tokens:

  • Transaction Fees: Each purchase or sale of cryptocurrency generally incurs a transaction fee. For instance, Bybit charges a 0.1% fee of the total transaction amount.
  • Deposit Costs: The costs for adding funds to your account can differ based on the chosen payment method. Credit or debit card deposits often have fees above 2%, while bank transfers and Przelewy24 transactions usually come without any charge.
  • Withdrawal Expenses: The fee for withdrawing your digital assets can vary depending on the type of cryptocurrency. A standard fee on many platforms is 0.0005 BTC for Bitcoin withdrawals.

For Bank Pekao customers interested in the digital currency market, Bybit is a viable platform known for its competitive fee structure and extensive range of cryptocurrencies.

What is Bank Pekao?

Bank Pekao (Bank Polska Kasa Opieki Spółka Akcyjna) has been instrumental in shaping Poland's financial landscape. It is the country's second largest banking institution, headquartered in Warsaw. It has been synonymous with financial stability, innovative solutions, and a comprehensive suite of banking services for over nine decades. The bank delivers various services, including personal banking, loans, asset management, insurance, and corporate banking. 

The bank’s commitment to innovation and digitization has also positioned it as a frontrunner in adopting advanced banking technology. It has tapped into fintech solutions to streamline its operations and provide seamless banking experiences to its customers. This dedicated approach to customer-centric services and forward-thinking strategies have made Bank Pekao a leading Polish bank and a notable player in the European banking industry.

Bank Pekao: Home Page.
Bank Pekao: Home Page.

Final Thoughts

In conclusion, Bank Pekao supports its customers keen on navigating the dynamic world of cryptocurrency. Though it does not offer a direct trading feature, the bank enables transfers to secure platforms, with Bybit emerging as a top choice due to its broad range of over 1000 cryptocurrencies and Polish language support. Besides trading, Bybit also offers staking services, plus crypto loans, a feature where users can either lend or borrow funds to earn a yield.