Summary: Wise Bank (formerly TransferWise) does not offer any direct cryptocurrency investing services for Personal or Business accounts through their online banking platform. In order to buy Crypto with a Wise account, you will need to sign up to an FCA-licensed crypto broker to deposit fiat.
We recommend an exchange like Binance because they offer instant and cheap multi-currency deposits from Wise Bank to trade over 350 cryptocurrencies with industry-leading fees. They are the world's largest and safest exchange that is trusted by over 120 million investors worldwide.
Best Exchange for Wise Accounts
Platform Highlights
- Instant and cheap multi-currency deposits from Wise in over 150 countries.
- Trade 350+ crypto assets with low fees starting at 0.1% per trade.
- Largest and most trusted Cryptocurrency exchange in the world with 120 million users.
Can you Buy Crypto with Wise?
No, Wise does not currently offer any products or services that enable its customers to buy and sell cryptocurrencies their its online banking platform. This means that investors will need to sign up with a regulated cryptocurrency exchange in their jurisdiction and transfer money from their Wise accounts.
How to Buy Bitcoin and Crypto with Wise
The preferred method for Wise account users to buy and trade digital assets is through a credible platform in their area. This permits users to deposit local currency (e.g., USD, EUR, or GBP) to a crypto platform for transactions involving assets like Bitcoin and Ethereum. Our top recommendation for Wise users is Binance due to its global licensure, extensive availability, and features allowing quick multi-currency deposits from Wise to trade over 350 cryptocurrencies with low fees.
You can start investing in digital assets from your Wise account in 4 simple steps:
- Sign up to Binance and complete the verification process.
- Select the "Buy Crypto" tab in the navigation menu.
- Input the fiat currency you want to deposit, and the Wise Bank payment method you want to use to complete a transfer.
- Once your deposit is successful, find the asset you want to buy on the platform and execute your trade.

What is Wise Crypto Policy?
As a digital bank, Wise has a positive and progressive stance with respect to its cryptocurrency policy. The bank openly allows its customers to withdraw funds into licensed and regulated exchanges, which means customers can transfer funds into platforms without having to worry about their funds being frozen.
That being said, Wise has not announced any internal plans to integrate Bitcoin or crypto products into their banking services any time soon. This is largely because the regulatory landscape for digital assets is constantly evolving, which means they may need to wait a few more years to explore integrated crypto services into Wise's diverse suite of banking products.
Can I Use a Wise Card to Buy Crypto?
Yes,Wise Card can be utilized to purchase cryptocurrency via regulated exchanges that accept Mastercard deposits, one notable example being Binance. These platforms facilitate immediate deposits using your Wise Debit Card, positioning it as a seamless and advantageous method for acquiring cryptocurrency if you want to onboard quickly.
About Wise Bank
Wise Bank (Transferwise) is a digital bank based in Estonia that offers international money transfer and currency exchange services. Wise was founded in 2011 by Taavet Hinrikus and Kristo Käärmann. Wise is available in over 50 countries and supports over 700 different currencies.
Wise offers a multi-currency account that allows users to hold and transfer money in multiple currencies, and a borderless account which allows users to receive local bank details for Europe, the UK, the US, and Australia.
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Final Thoughts
In conclusion, while Wise Bank doesn't directly offer cryptocurrency services, it provides a flexible and conducive environment for its users to invest in crypto through regulated exchanges like Binance. Wise customers can effortlessly transfer funds into these exchanges or use the Wise Debit Card to initiate instant purchases.
Although Wise holds a progressive view towards cryptocurrencies, it has yet to develop its own crypto-based products due to the fluctuating regulatory landscape. To that end, if you're a Wise user interested in crypto, your best option is to utilize a trusted exchange to initiate your cryptocurrency journey.
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I am a Finance graduate and market analyst that enjoys researching and writing about digital assets and how they intersect with Macro.