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Buy Crypto with QNB Bank

Buy Crypto with QNB Bank

Andrew Chen
Fact Checked
Nov 20, 2022

Summary: Qatar National Bank (QNB) does not directly offer any services that enable customers to buy Bitcoin and cryptocurrencies directly through their online banking platform. However, QNB does allow customers to transfer funds from their bank account to regulated crypto brokers to invest in the asset class.

For investors in the Middle East looking to get started quickly, we recommend the eToro platform which is regulated and compatible with QNB Bank. Their exchange offers over 80 cryptos and thousands of stocks, ETFs, commodities and other assets.

Table of Contents

Best Exchange for QNB Bank

Platform Highlights

  • Fast and cheap fiat deposits from QNB Bank with low deposit fees.
  • Globally licensed and secure trading platform based in the Middle East.
  • 80+ Cryptos and over 8,000 Stocks, ETFs & Commodities with low fees.

How to Buy Bitcoin and Crypto with QNB

As mentioned above, the best method to buy Bitcoin and cryptocurrencies with QNB is through a licensed and regulated exchange in the Middle East. We recommend eToro because they have held a license since 2008 and are one of the few exchanges to offer a Halal Account that ensures users are trading in accordance with Sharia Law.

You can get started in 4 steps with this simple guide:

  1. Create an account: Sign up to the eToro platform and verify your identity.
  2. Fund your account: Select the 'Deposit Funds' button on the bottom of your screen to deposit funds from QNB.
  3. Find Crypto: Once the funds hit your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
  4. Execute your trade: Input the fiat amount you want to buy and execute your trade.
Buy Crypto QNB
Deposit Funds with QNB.

Crypto Investing Fees

The fees associated to buying cryptocurrency with QNB differ depending on the exchange you use. eToro has some of the lowest fees in the industry, charging just 0.5% per trade and no additional commission or hidden fees. In addition, deposits are free and withdrawals carry a nominal fee of $25 for withdrawals under $200 but are free above that amount.


Is QNB Bank Crypto-Friendly?

The answer is yes. QNB Bank understands the power of cryptocurrencies and blockchain technology, and has taken steps to ensure it is crypto-friendly. The bank allows customers to withdraw assets from their accounts to trade digital assets through regulated and licensed brokers. In addition, the bank offers custodial services that provide a secure environment for customers to store their digital assets for institutional investors.


About QNB

QNB is one of Qatar's largest financial services providers and a leading international banking group. Established in 1964 as the first indigenous Qatari-owned commercial bank, it has grown to become one of the region’s most prominent financial institutions with branches across the world. With over 14,000 employees in 25 countries around the world, QNB provides a wide range of personal and corporate banking services designed to meet the needs of its customers.

QNB

QNB's personalized approach and commitment to service excellence have earned it numerous awards, including being named “the Best Bank in Qatar” by Euromoney magazine for seven years in a row.QNB offers an extensive portfolio of products and services, including personal banking, business and corporate banking, investment services, Islamic banking, private banking and wealth management.

The bank also provides a range of digital solutions to make it easier for customers to access its services. Its international network allows customers to transact easily wherever they are in the world.QNB strives to be an employer of choice by providing excellent opportunities for development and advancement.

Andrew Chen

Former Bitcoin Maximalist turned multi-chain enjoyer. I hunt down the best yields across AVAX, Solana, Fantom and other networks.

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