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How to buy Crypto with Bank Austria

How to buy Crypto with Bank Austria

Alysha Jane
Fact Checked
Nov 26, 2022

Summary: Bank Austria does not directly offer the ability to buy or sell Cryptocurrencies like Bitcoin, Ethereum, and Solana. The only way you can buy Crypto via Bank Austria is by depositing EUR into a licensed European exchange like eToro.

With this method, customers can transfer funds from Bank Austria to eToro via Bank Transfer, Debit Card or Credit Card to securely invest in over 80 cryptos and 8,000+ stocks, ETFs, commodities and assets all through the eToro platform.

Table of Contents

Platform Highlights

  • Fast and cheap EUR deposits from Austria Bank.
  • Zero trading fees to trade on the platform.
  • 80+ Cryptos and over 8,000 Stocks, ETFs & Commodities.

Can I buy Crypto with Bank Austria?

Unfortunately, Bank Austria and its online banking platform does not support cryptocurrency trading services for its customers. That said, customers of Bank Austria are allowed to deposit EUR from their bank account into licensed and regulated trading platforms across the European Union.

How to buy Cryptocurrency with Bank Austria Online

The easiest way to buy Crypto in Austria with a Bank Austria account is through the eToro EU trading platform. They offer fast and cheap EUR deposits for Bank Austria account holders to trade over 65 different cryptocurrencies and thousands of Stocks, ETFs, Commodities, Bonds, Options, and much more.

You can get started with this simple guide:

  1. Sign up to the eToro EU trading platform and verify your identity.
  2. Select the 'Deposit Funds' button on your dashboard and deposit EUR via ZKB bank transfer.
  3. Once the fiat lands in your account, select 'Discover' and 'Crypto'.
  4. Find the Crypto you want to buy on eToro and execute your trade.
Crypto Investing Bank Austria
Investing in digital assets via eToro with Austria Bank.

Bank of Austria Cryptocurrency Policy

Bank Austria is a crypto-friendly financial institution that does not have any policies which prohibit its customers from investing in digital assets. The only requirement is that account holders must only interact with licensed, regulated, and trusted platforms.

About Bank Austria

Austria Bank is one of the leading banks in Austria and provides a wide range of banking services to both individuals and businesses. The bank is licensed and regulated by the Austrian Financial Market Authority (FMA) and is a member of the Austrian Deposit Guarantee Fund.

Austria Bank

Their institution offers a comprehensive range of online banking services, including account opening, money transfers, bill payments and lending products. The bank also has a strong focus on providing excellent customer service and offers 24/7 telephone support.

Overall, Austria Bank is a reliable and safe option for anyone looking for a full-service bank in Austria. The bank is well-regulated and offers a wide range of services, making it a good choice for both personal and business banking needs.

Alysha Jane

I am a Finance graduate and market analyst that enjoys researching and writing about digital assets and how they intersect with Macro.

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