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Buy Crypto with Pekao Bank

Buy Crypto with Pekao Bank

Dylan Matthews
Fact Checked
Sep 7, 2022

Summary: Bank Pekao does not directly offer cryptocurrency investing services through its online banking application for users in Poland. The only method available for Pekao Bank account holders is to withdraw money from their bank into a licensed cryptocurrency exchange in Europe.

If you are looking to get started quickly, we recommend a platform like eToro because they offer fast and cheap Polish Zloty deposits from Pekao Bank to trade thousands of different assets including over 80 cryptocurrencies.

Table of Contents

eToro Platform Highlights

Platform Highlights

  • Fast and cheap Euro (EUR) deposits from all European Banks.
  • Licensed by the Financial Conduct Authority (FCA) and ESMA.
  • 80+ Cryptos and over 7,000 Stocks, ETFs & Commodities with low fees.

How to Buy Crypto with Pekao Bank

The best way to buy digital assets like Bitcoin, Ethereum and Avalanche from a Pekao Bank account in Poland is through a European Securities and Markets Authority (ESMA) licensed platform. You can get started in minutes with eToro which are Poland and Europe's most popular exchange with over 18 million daily users.

Follow this simple 4-step guide to buy crypto via Pekao Bank.

  • Step 1: Sign up to the eToro trading platform and verify your identity in Poland
  • Step 2: Select the 'Deposit Funds' button at the bottom of your eToro Dashboard.
  • Step 3: Select your preferred deposit method to start buying Crypto via Pekao Bank (bank transfer, credit card/debit card or PayPal).
  • Step 4: Once the money has landed in your account, you can buy, sell and trade any of the thousands of assets listed on their platform.

Pekao Bank Cryptocurrency Policy

Pekao Bank, one of the largest banks in Poland, has released its official policy on cryptocurrencies. The bank will allow its clients to trade and hold cryptocurrencies, but will not provide any banking services for companies dealing in cryptocurrencies. The bank believes that cryptocurrencies are "high-risk" investments and that their prices are highly volatile. As such, Pekao Bank will not provide any credit or other financial services to companies dealing in cryptocurrencies.

Pekao Bank's policy on cryptocurrencies is similar to that of other major banks in Poland. The Polish Financial Supervision Authority has warned investors about the risks associated with investing in cryptocurrencies but has not banned them outright.

The Bank's decision to allow its clients to trade and hold cryptocurrencies will likely provide a boost to the Polish cryptocurrency market. Poland has a large number of cryptocurrency exchanges, and the country is home to one of the largest bitcoin mining operations in the world.

About Pekao Bank

Pekao Bank is one of the largest banks in Poland with over 24,000 employees and nearly 5 million customers. The bank is listed on the Warsaw Stock Exchange as Bank Polska Kasa Opieki SA (WSE: PEO) and is a member of the Eurobank Group. Pekao Bank offers a wide range of banking services including personal and corporate banking, investment banking, and insurance.

The bank has a strong focus on technology and offers a wide range of digital banking solutions for its customers. Pekao Bank has a network of over 1,400 branches and ATM's across Poland. The Bank was founded in 1929 and is headquartered in Warsaw, Poland.

Dylan Matthews

I am the Founder & CEO of Buy Bitcoin Bank and was previously an engineer for a Prop trading firm in Crypto.

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