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Buy Crypto with Oberbank

Buy Crypto with Oberbank

Adrian Graham
Adrian Graham
Co-Founder (MBA)
Fact Checked
February 7, 2023
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Summary: Oberbank does not provide its Austrian customers with the option of purchasing or selling cryptocurrencies through its online banking platform. This means investors need to transfer EUR from their bank account to a regulated cryptocurrency exchange to trade digital assets.

Our recommended choice for Austrian investors is Uphold. They offer instant and free Euro transfers via SEPA from Oberbank to trade and hold a variety of over 250 cryptocurrencies with zero fees. Uphold exchange is licensed and regulated in Europe and has a user base of over 10 million across the continent.

Table of Contents

Best Crypto Exchange for Oberbank

Platform Highlights

  • Trade 250+ Cryptos with fast and cheap Euro (EUR) deposits from Oberbank.
  • Regulated in Austria & Europe and has an audited Proof-of-Reserves.
  • Trusted by over 10 million retail and institutional investors in Europe.
Uphold - Oberbank
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Audited Proof of Reserves
Audited Proof of Reserves

How to buy Crypto with Oberbank

As outlined above, the simplest way to purchase Bitcoin, Ethereum, and other Cryptocurrencies through Oberbank is through the Uphold trading platform. Oberbank account holders can deposit EUR to Uphold via Bank Transfer, Credit Card, Debit Card, Apple Pay, Google Pay, or SEPA.

Follow these easy steps to get started:

  1. Create a free account on Uphold with your email and complete the onboarding process.
  2. Connect your Raiffeisen Bank account to Uphold by selecting the 'EUR' button on your dashboard.
  3. You can then select the 'connect bank' button to link your Oberbank account to Uphold.
  4. Find the Cryptocurrency you want to buy and execute your trade.
Buy Crypto with Oberbank
Deposit Euros with Oberbank.

Is Oberbank Crypto-Friendly?

Yes, Oberbank is a crypto-friendly bank that allows its customers to transfer funds into regulated exchanges in Austria. This means that customers will not have their transfers blocked or frozen if they deposit Euros (EUR) into a platform like Uphold. We recommend avoiding off-shore exchanges like Binance or Bybit, which may result in your transfer being blocked.

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About Oberbank

Oberbank AG is a leading Austrian bank that provides a range of financial products and services to individuals, businesses, and corporate clients. Founded in 1869, it has a strong presence in Austria and Central Europe and offers a range of services including retail banking, private banking, corporate banking, investment banking, and asset management. The bank is known for its innovative solutions, digital offerings, and strong commitment to sustainability. With a focus on customer satisfaction and growth, Oberbank AG continues to be a trusted partner for its clients in the region.

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Final Thoughts

In conclusion, buying cryptocurrency through Oberbank is possible, but it requires customers to transfer their funds to a licensed and regulated cryptocurrency exchange. Uphold, our recommended choice for Austrian investors, offers a simple and secure platform for buying and holding a variety of cryptocurrencies. It's worth reiterating that Oberbank is a crypto-friendly bank that does not block transfers to regulated exchanges, which is crucial for those who are looking to invest in cryptocurrencies.

Post Tags

EU Banks
Digital Banks
Centralized Exchanges
Crypto Wallets

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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