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How to Buy Crypto or Bitcoin with DEGIRO

How to Buy Crypto or Bitcoin with DEGIRO

Dylan Matthews
Fact Checked
Jan 15, 2023

Summary: DEGIRO does not offer direct cryptocurrency trading services on its platform. The exchange only allows its investors to invest in crypto-related ETFs and ETNs, which is risky and typically underperforms underlying crypto-assets like Bitcoin and Ethereum.

We recommend a platform like Uphold if you want a secure and transparent multi-asset broker. Uphold has audited proof-of-reserves highlighting customer funds are held 1:1. It is widely regarded to be one of the most secure exchanges globally.

Table of Contents

Best DEGIRO Alternative

Platform Highlights

  • Trade over 220 Cryptos with fast and cheap EUR deposits from any European Bank.
  • Regulated and Licensed by the Financial Conduct Authority (FCA), FinCEN and has audited Proof-of-Reserves for customer funds.
  • Offers multiple asset classes including Crypto (and crypto Staking), Stocks, ETFs, Metals and more.
Uphold - Best DEGIRO Alternative
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Audited Proof of Reserves
Audited Proof of Reserves

Can you buy Crypto on DEGIRO?

No, DEGIRO only offers a product that allows its investors to buy Crypto exchange-traded funds (ETFs) and exchange-traded notes (ETNs). That said, they do offer a relatively wide selection of crypto-tracking ETFs such as:

  • Vectors Bitcoin ETN
  • CoinShares Physical Bitcoin
  • WisdomTree Crypto Altcoins
  • 20+ CoinShares & VanEck altcoin ETFs

It is also important to note that buying crypto-related ETFs and ETNs has historically underperformed buying the underlying coins like Bitcoin and Ethereum. ETFs and ETNs also come with counterparty risk as well as the risk of tracking error. That's why we recommend buying tokens through a cryptocurrency exchange like Uphold.

How to buy Crypto with a DEGIRO Alternative

The best way to buy cryptocurrencies in the UK, Europe or abroad is through a regulated broker like Uphold. With over 10 million users worldwide, Uphold is the world's largest multi-asset brokerage that offers wide variety of assets including cryptos, stocks, commodities, fiat currencies and more. You can get started with this simple guide:

  1. Sign Up: Create an account on Uphold and complete the verification process.
  2. Connect Account: Connect your bank account or card to Uphold by selecting the fiat currency you want to transfer.
  3. Deposit Funds: You can then select the 'connect bank' button to link your bank account to Uphold.
  4. Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade.
How to buy Crypto with a DEGIRO Alternative.
How to buy Crypto with a DEGIRO Alternative.

What Crypto ETFs and ETNs are Available on DEGIRO?

The DEGIRO platform currently offers 30 crypto-related ETFs and ETNs that track various aspects of the digital asset market. The 3 main segments are Bitcoin ETFs/ETNs, Index ETFs/ETNs and Altcoin ETF/ETNs. You can find the full list of products here.

About DEGIRO

DEGIRO is an online broker that was founded in 2013. It is headquartered in Amsterdam, the Netherlands. The company provides its services to professional and private investors. DEGIRO offers trading in a wide range of assets including stocks, bonds, ETFs, mutual funds, and options. The company has over 300,000 clients in 18 countries.

DEGIRO's mission is to provide its clients with the best possible experience when it comes to investing. The company strives to offer low fees, a user-friendly platform, and high-quality customer service. DEGIRO has a very user-friendly platform.

DEGIRO

The platform is web-based and can be accessed from any device. DEGIRO also has an app that can be downloaded from the App Store or Google Play. The app is very user-friendly and offers all the same features as the web-based platform.

DEGIRO's commissions are also some of the lowest in the industry. For example, they charge only €0.50 for trades in Dutch stocks. DEGIRO also has low fees for other asset classes such as ETFs, bonds, and options. DEGIRO is regulated by the Dutch financial regulator, AFM, and the European financial regulator, ESMA. DEGIRO is a member of the Investor Compensation Fund (ICF).

Dylan Matthews

I am the Founder & CEO of Buy Bitcoin Bank and was previously an engineer for a Prop trading firm in Crypto.

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