Summary: PKO BP doesn't directly offer cryptocurrency trading through its online platform but supports customers interested in the asset class by approving transfers to external brokers. For Polish investors eyeing the crypto sector, choosing a trusted and regulated digital asset exchange is crucial. The bank allows transfers of Polish Zloty (PLN) to these platforms using diverse methods, ensuring a straightforward jump into trading.

After a thorough analysis of the leading digital asset exchanges in Poland, we identified Bybit as the best option as it offers free PLN deposits from PKO BP accounts. As a global trading platform, Bybit provides a multilingual interface, which can be used in Polish, and it has live customer service in the language. It supports a diverse selection of over 980 cryptocurrencies, including popular ones like Ethereum, Tether and Solana.

Table of Contents

Can I Buy Bitcoin with PKO BP Bank? 

Yes, PKO BP Bank has made it easy for customers to transfer Polish Zloty to reputable cryptocurrency trading platforms in Poland. Once you've deposited funds into the exchange of your choice, you can buy Bitcoin and other digital assets. It's essential to highlight that PKO BP doesn't sell cryptocurrency directly through its interface but approves bank transfers to certified brokers. It's wise to select one regulated by the Polish Financial Supervision Authority (KNF) to safeguard your investment.

How to Buy Crypto with PKO BP

PKO BP customers interested in trading digital currencies can use KNF-regulated exchanges. A prominent platform that complies with European regulatory norms and boasts a diverse selection of over 980 cryptocurrencies is Bybit. It supports free PLN deposits through several methods, including direct bank transfers, credit cards, debit cards, SEPA transfers, Przelewy24, and more.

To begin your journey into digital asset investment, follow these steps:

  1. Registration: Open a free account on Bybit and follow the verification requirements.
  2. Find Payment Method: Head to the ‘Buy Crypto’ tab and select one of the available deposit options.
  3. Select Currency: Pick ‘PLN’ as your deposit currency and find your preferred payment method.
  4. Buy Crypto: Find the token you want to purchase and execute your trade.
How to Buy Crypto with PKO BP.
How to Buy Crypto with PKO BP.

PKO BP Cryptocurrency Policy 

PKO BP offers a conducive framework for its clientele keen on cryptocurrencies, facilitating the transfer of Polish Zloty to accredited exchanges. The bank acts as a bridge between conventional banking and the evolving crypto sector, although it doesn't directly engage in the purchase or sale of digital currencies. For safeguarding your crypto endeavors, it's recommended to find a trading platform that is registered with the Polish Financial Supervision Authority (KNF)

Digital Asset Investing Fees

For individuals considering diving into cryptocurrency investments, understanding the relevant fees is essential. Here are a few of the costs involved in cryptocurrency trading:

  • Deposits: Exchanges usually don't charge for transferring Polish Zloty via bank transfers or Przelewy24. Debit and credit card transactions have about a 2.49% fee. 
  • Spreads: Bybit only charges a small 0.1% to buy or sell cryptocurrencies on spot markets. If you want to trade derivatives, the maker orders start from 0.02% and the taker orders are 0.06%.
  • Withdrawals: Withdrawing Polish Zloty to your account from exchanges are generally free of charge. However, transferring cryptocurrencies to an external wallet will cost a small fee.

By using Bybit for cryptocurrency investing, PKO BP customers can expect free PLN deposits, low fees, and various payment options. 

What is PKO BP?

PKO Bank Polski, commonly known as PKO BP, is a prominent Polish banking institution recognized as one of the largest and most established banks in Poland. With its roots stretching back to 1919, it boasts a rich history in the Polish banking sector. The bank offers a comprehensive range of banking services, catering to both individual and corporate clients. Its portfolio includes personal banking, business banking, and asset management services. 

The bank is known for its innovative approach to banking, integrating modern technology to enhance customer experience and operational efficiency. Its commitment to customer service, combined with a solid financial foundation, has made PKO BP a trusted and respected name in the Polish banking industry, contributing significantly to the country's economic landscape.

PKO BP Bank: Home Page.

Final Thoughts

To sum it up, although PKO BP doesn't directly handle cryptocurrency transactions, it effectively connects conventional banking with the dynamic world of crypto by supporting smooth transfers of Polish Zloty to accredited exchanges. For Polish investors, Bybit is the safest and most affordable option as it provides low trading fees, free PLN deposits, and provides regularly updated proof-of-reserves, showing all assets are backed 1:1 on the platform.