Can I Buy Cryptocurrencies with PKO BP?
Unfortunately, PKO BP does not offer any products through its online banking platform or PKO IKO App that allows its customers to invest in digital assets like Bitcoin and Ethereum. The only method for PKO BP account holders to buy cryptocurrencies would be to first withdraw Polish Zloty or Euros (EUR) from their account and then use those funds to buy assets on a licensed digital asset exchange.
You must sign up to a platform that is licensed by The Polish Financial Supervision Authority and the European Securities and Markets Authority (ESMA) to invest in a fully compliant manner.
How to Buy Crypto with PKO BP online
The best exchange to buy cryptocurrencies like Bitcoin, Ethereum and Solana with a PKO BP online account is eToro. Their exchange offers fast and cheap Zloty or Euro deposits from PKO BP accounts to trade over 80 cryptocurrencies and 8,000+ stocks, ETFs, commodities, bonds, treasury notes and much more.
You can get started from Poland in 4 simple steps:
- Create an account: Sign up to the eToro platform and verify your identity.
- Fund your account: Select the 'Deposit Funds' button on the bottom of your screen to deposit funds from PKO BP bank transfer.
- Find Crypto: Once the funds from PKO hit your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
- Execute your trade: Input the fiat amount you want to buy and execute your trade.
PKO Bank Digital Asset Policy
PKO Bank is a crypto-friendly financial institution in Poland that allows its customers to buy and sell digital assets through licensed broker's in Europe. This means that investors can transfer funds from their bank accounts through bank transfer, debit cards or credit cards to buy and sell cryptocurrencies like Bitcoin, Ethereum, Aptos and many others.
About PKO BP
PKO BP is one of the largest banks in Poland. It offers a wide range of financial services for both individuals and businesses, including loans, credit cards, savings accounts, investment products, and insurance. The bank has over 5 million customers and a nationwide network of over 1,000 branches. PKO BP also has a strong online and mobile banking presence, with over 4 million active online banking users.
PKO BP is a publicly-listed company on the Warsaw Stock Exchange (WSE: PKO). It is majority owned by the Polish government, with a 51.2% stake. Other major shareholders include PZU (11%), BlackRock (5.4%), and PGNiG (3.2%).