Crypto Banks
Buy Crypto with Volksbank

Buy Crypto with Volksbank

Summary: The Volksbank online banking platform does not directly offer cryptocurrency trading for customers. This means users cannot sign into their Volksbank login and buy BTC or ETH directly with Euros (EUR) from their bank account.

The only method available for Volksbank account holders is to deposit EUR into a cryptocurrency exchange in Germany. We recommend Bybit because their exchange is one of the few with proof-of-reserves highlighting customer funds are backed 1:1 for transparency. Additionally, it is a non-KYC exchange, meaning you don't need to verify your identity in order to use it.

Table of Contents

Best Crypto Exchange in Germany

Platform Highlights

  • Free and instant Euro (EUR) deposits from any German Bank.
  • Trade 400+ Cryptocurrencies with fees starting from a low 0.1%.
  • Non-KYC exchange with proof-of-reserves that show customer funds are backed 1:1.
Bybit - Germany
Visit Site
Audited Proof of Reserves
Audited Proof of Reserves

How to buy Crypto with Volksbank

The best way to buy Cryptocurrencies like Bitcoin, Ethereum and Solana from a Volskbank account in Germany is through a European Securities and Markets Authority (ESMA) licensed platform. For users looking to get started quickly, we recommend Bybit for Volksbank users because they offer fast and cheap EUR deposits to start investing.

You can follow the simple guide below to get with a trusted exchange in Germany.

  1. Create a free account on Bybit with your email address and create a password.
  2. Go to the 'Buy Crypto' tab, click 'One-Click Buy', and select 'EUR' as your currency.
  3. Select a deposit method to transfer Euros and the cryptocurrency you want to purchase.
  4. Enter the amount you want to purchase and tap the 'Buy' button.
How to buy Crypto with Volksbank.
How to buy Crypto with Volksbank.

Volksbank Crypto Policy

The Volksbank does not have an official policy on buying cryptocurrencies. However, the bank has taken a negative stance toward crypto in the past. In 2018, the bank stopped allowing its customers to use credit cards to buy cryptocurrencies. This was likely done to protect customers from taking on too much debt to speculate on digital assets.

That said, they do currently allow investors to buy and sell digital assets via cryptocurrency exchanges like Bybit.

Volksbank online banking.

About Volksbank

Volksbank is one of Germany's leading banks. The bank was founded in 1871 and has its headquarters in Frankfurt. Volksbank has over 2,000 branches across Germany and employs around 20,000 people. The bank offer a range of products and services including savings accounts, loans, mortgages and investment products. Volksbank also have a strong online presence and offer an extensive range of online banking services.

The bank is a member of the German Banking Association and the European Bank Federation. It has its headquarters in Frankfurt am Main. The bank also has branches in Berlin, Hamburg, Munich and other major cities in Germany.

Final Thoughts

In conclusion, while Volksbank does not offer direct cryptocurrency trading for its customers, they can still buy cryptocurrencies by depositing Euros into a licensed cryptocurrency exchange in Germany. Bybit is a recommended option due to its proof-of-reserves system and non-KYC status, and users can follow a simple guide to make their purchases. While Volksbank has taken a negative stance toward crypto in the past, they currently allow investors to buy and sell digital assets via exchanges like Bybit.

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.

View Posts