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Buy Crypto with Blik

Buy Crypto with Blik

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March 6, 2023
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Summary: The best way to buy Bitcoin and crypto assets with a Blik deposit in Poland is through a trusted and regulated exchange. With this method, users can easily connect their bank accounts via Blik to deposit Polish Zloty (PLN) to buy & sell digital assets.

Based on our analysis of over 15 exchanges, we found that Bybit was the best for Blik deposits. They offer instant and free PLN deposits for Polish investors to trade over 400 cryptocurrencies with industry-leading fees.

Table of Contents

Top Platform for Blik Deposits - Bybit

Platform Highlights

  • Free and Instant Polish Zloty (PLN) deposits via Blik from any bank.
  • Trade 400+ Cryptocurrencies with competitively low fees starting from 0.1%.
  • Non-KYC exchange with proof-of-reserves that show customer funds are backed 1:1.
Top Platform for Blik Deposits - Bybit
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Audited Proof of Reserves
Audited Proof of Reserves

How to Buy Bitcoin and Crypto with Blik

As outlined above, the safest and easiest way to buy Bitcoin and cryptocurrencies with Blik is through a platform that accepts this deposit method for transfers. On review of the top crypto platforms available to users in Poland, we concluded that Bybit was the best way to start investing and trading with Blik from all participating banks in the country.

Here is a simple 4-step guide to getting started:

  1. Sign up to Bybit and verify your identity.
  2. Select 'Buy Crypto' in the Menu and click 'P2P Trading'.
  3. Select PLN as your currency and 'Blik' as your deposit method.
  4. Buy USDT with this method, which you can then use to trade against 400 other cryptos on the platform.
Deposit PLN via Blik on Bybit.

What are the Fees?

The fees to deposit PLN and other currencies via Blik on a platform like Bybit. Once you have deposited funds, trades on the exchange will incur a 0.1% fee, which is significantly lower than alternatives like Coinbase and eToro that charge in excess of 1%. Please keep in mind that fees will vary depending on the exchange you use.

Is Blik Crypto-Friendly?

Blik is not inherently a crypto-friendly payment method, but it can be used to purchase cryptocurrencies on platforms that accept it as a deposit method. This means that whether or not Blik is crypto-friendly depends on the policies of the specific platform you are using to buy cryptocurrencies. It's important to check with the platform to see if they accept Blik as a payment method for crypto purchases.

Final Thoughts

In summary, buying Bitcoin and other cryptocurrencies with Blik in Poland is a straightforward process when using a trusted and regulated exchange. Bybit is our recommended platform, offering free and instant PLN deposits for Polish investors to trade over 400 digital assets with industry-leading fees. Remember to consider the fees associated with your chosen exchange, and follow the simple four-step guide outlined above to get started.

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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