Can I buy Crypto with Societe Generale?
Societe Generale and Societe Generale Pro both do not offer cryptocurrency trading services through their online banking platforms. That said, they are a crypto-friendly bank and allow their customers to withdraw EUR from their account into licensed and regulated European cryptocurrency exchanges.
This means you can sign up to a crypto exchange and deposit EUR (or other fiat) into their platform from your Societe Generale online banking account to invest in digital assets.
How to buy Crypto or Bitcoin with Societe Generale online
The easiest way to invest in cryptocurrencies like Bitcoin and Ethereum from your Societe Generale bank account is with eToro EU. They are the best exchange in France that offers fast and cheap Euro (EUR) deposits to trade over 80 cryptos and 8,000+ stocks and ETFs.
You can get started with this simple guide:
- Create an account: Sign up to the eToro US trading platform and verify your identity.
- Deposit funds: Select the 'Deposit Funds' button on the bottom of your screen to deposit EUR from your Societe Generale bank account online.
- Find your Crypto: Once the EUR hits your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
- Execute your trade: Input the EUR amount you want to invest and execute your trade.
Is Societe Generale Crypto-Friendly?
Societe Generale is a crypto-friendly bank. They allow their customers to withdrawal EUR and convert it into Bitcoin (BTC) or Ethereum (ETH) at licensed cryptocurrency exchanges like eToro, Coinbase, Kraken and Binance. This means that as long as you have a Societe Generale online banking account, you can buy BTC and ETH with EUR and store it in a cryptocurrency wallet of your choice.
About Societe Generale Bank
Societe Generale is a French multinational banking and financial services company with over 150,000 employees across 76 countries. It is the 6th largest bank in Europe with €1.4 trillion in assets under management as of 2019. The bank offers a wide range of products and services including retail banking, corporate and investment banking, asset management, insurance, private equity, and venture capital.
In 2017, Societe Generale was ranked the 17th most valuable brand in the world by Brand Finance with a brand value of $12.7 billion. In 2021, Forbes ranked Societe Generale the 31st biggest public company in the world by revenue. The bank was founded in 1864 and is headquartered in Paris, France. It has a secondary listing on the New York Stock Exchange (NYSE: SCGLY) and is a member of the CAC 40 index.