Summary: While Bank Pekao does not provide crypto investment services directly, it allows customers to convert Polish Zloty (PLN) into digital coins through regulated trading platforms. Investors may transfer funds to a cryptocurrency exchange overseen by the Polish Financial Supervision Authority (PFSA).
Our crypto gurus recommend Binance for Bank Pekao clients, which is registered as a Virtual Asset Service Provider (VASP) with the Polish Tax Administration. Binance offers its users diverse investment options, from spot trading to derivatives. The platform is available in Polish, making it easier for Poles to trade and hold over 350 digital assets.
- Instant Polish Zloty (PLN) Deposits via Zen, Credit/Debit Cards, Apple Pay, Google Pay, and More.
- Trade 350+ Crypto Assets with Competitive Fees Starting at 0.1% Per Trade.
- Largest and Most Trusted Exchange in the World with 140 Million Users.
Can I Buy Bitcoin with Bank Pekao?
Bank Pekao permits its customers to transact with external platforms, facilitating the conversion of PLN to Bitcoin and other cryptocurrencies. With the help of reputable digital asset exchanges in Poland, Bank Pekao clients can purchase different tokens. Investors should adhere to the PFSA’s guidelines and only engage with registered and regulated platforms.
How to Buy Bitcoin and Crypto with Bank Pekao
Binance, a secure, regulated European platform, offers the simplest route into the world of cryptocurrencies. Binance Poland, a VASP-licensed exchange (registration number 66822), caters to Polish investors who can conveniently deposit PLN from their bank accounts using credit/debit cards, ZEN, Apple Pay, Google Pay, or Simplex.
It takes just four steps to start trading Bitcoin and other coveted cryptocurrencies.
- Register with Binance to create an account and verify your email/phone number.
- Choose the currency you intend to deposit (PLN) and the token you wish to acquire.
- Deposit funds from your Bank Pekao account or via another payment method.
- Click ‘Buy,’ and your chosen cryptocurrency will be credited to your account.
Is Bank Pekao Crypto-Friendly?
As a pioneer in the Polish banking industry, Bank Pekao has a positive view of digital assets. It facilitates the transfer of funds for crypto purchases, further solidifying its pro-crypto stance.
Clients should be cautious when sending funds (PLN) to international trading platforms like Coinbase or KuCoin. Bank Pekao may require further authentication if it suspects dicey transactions. To ensure smooth deposits for crypto investments, opt for a digital exchange registered with PFSA or another Polish authority.
What Is Bank Pekao?
Established in 1929, 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. Bank Pekao has been synonymous with financial stability, innovative solutions, and a comprehensive suite of banking services for over nine decades. Leveraging its extensive branch network and digital channels, Bank Pekao delivers a broad range of services, including personal banking, loans, asset management, insurance, and corporate banking.
Bank Pekao's commitment to innovation and digitisation 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.
Final Thoughts
To sum up, Bank Pekao makes it easy for customers to buy digital assets on crypto exchanges, adhering to PFSA guidelines. We suggest using the most reliable trading platform in Europe, Binance. It is licensed to provide services in Poland, and several other European Union (EU) states. Its user-friendly interface makes it an ideal choice for novice traders looking to engage in crypto. Besides trading, investors can secure passive income with Binance Earn, a popular staking service.
Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.
