Summary: Triodos Bank does not allow its users to buy cryptocurrencies through its banking platform. To purchase cryptocurrencies in Spain you will need to use a regulated and licensed cryptocurrency exchange.
We recommend using the Uphold exchange, it’s the world's largest and most secure cryptocurrency investing platform. They offer fast and cheap deposits from all Spanish Banks to trade over 200 digital assets on their licensed and regulated exchange.
Best Crypto Exchange for Triodos Bank
- Trade 210+ Cryptos with Fast and Cheap Euro (EUR) deposits from Triodos Bank.
- Regulated in Spain & Europe and has audited Proof-of-Reserves for customer funds.
- Offers multiple asset classes including Crypto (and Crypto Staking), Stocks, ETFs, Metals, Currencies and more.
Where to buy Crypto with Triodos Bank?
There are many reputable cryptocurrency exchanges to choose from in Europe and Spain. That said, our view is that the best overall platform to use is the Uphold EU exchange because it is the most safe, regulated and transparent exchange in the region. They are one of the only crypto exchanges that provides daily audits for proof-of-reserves, highlighting that customer funds are always held 1:1.
It is recommended to always use an audited platform to ensure they are not loaning out your funds, resulting in a collapse like FTX or BlockFi. Another advantage of Uphold EU is that they offer extremely competitive pricing and a wide range of cryptocurrencies to purchase, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and dozens more.
How to buy Bitcoin & Crypto with Triodos Bank
As mentioned above, the easiest way to buy Bitcoin & Crypto with Triodos is through Uphold. Users can deposit Euros from Triodos Bank to Uphold via credit/debit card, bank transfer, Skrill, Neteller and PayPal.
Follow the below steps to buy Bitcoin and other assets with Triodos Bank:
- Sign Up: Create an account on Uphold and complete your verification (personal or company).
- Connect Account: Select the currency you want deposit on the Uphold Platform (EUR + 30 others).
- Deposit Funds: Connect your Triodos Bank account to quickly deposit your selected fiat currency (GBP).
- Buy Crypto: The final step is to find the cryptocurrency you want to buy and execute your trade.
About Triodos Bank
Triodos Bank is a European banking group based in the Netherlands, with operations in the United Kingdom, Belgium, Germany, Spain and France. It was founded in 1980 by Dutch banker and entrepreneur Adriaan van Lanschot. Triodos Bank is dedicated to making money work for positive social, environmental and cultural change. The bank finances businesses, organizations and projects that add sustainable value to society in areas such as renewable energy, organic food production, social housing, local economies and culture.
Triodos is committed to a transparent banking model and open dialogue with its customers. Its lending policies are fully available online so customers can assess the sustainability of their investments. The bank also offers advice and support to help clients make more informed decisions. In addition, Triodos Bank has an independent review committee that reviews the environmental and social impact of prospective investments.
Triodos Bank is part of a larger movement towards sustainable banking, and has been recognized for its leadership in this field. The bank has won numerous awards, including the European Bank of the Year award in 2014, and is a founding member of Global Alliance for Banking on Values. Its commitment to sustainability has also earned it a spot on the Dow Jones Sustainability Index.
Is it expensive to invest in Cryptocurrencies?
It can be expensive depending on what platform you use to buy cryptocurrencies. Many popular crypto exchanges like Coinbase will charge multiple fees to buy crypto including deposit and trading fees. The industries average trading fee is 1% - 2%, however, Uphold charges a 1% trading fee and doesn't charge any fees to deposit on the exchange.
Andrew Chen is a lead editor and auditor of content for Buy Bitcoin Bank, with a Masters of Computer Science and extensive knowledge in cryptocurrency and blockchain technology. He has helped ensure the accuracy and quality of the platform's educational resources for new and experienced investors in the crypto space.