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Can I buy Bitcoin or Crypto with Yes Bank?
The Yes Bank financial institution in India does not currently provide any cryptocurrency services like digital asset trading, or crypto custody. This is because their online banking platform does not support the necessary infrastructure to enable digital asset services.
This ultimately means that Yes Bank customers will need to sign up to a licensed, regulated, and Reserve Bank of India (RBI) approved exchange. This is legal in India after the recent ban was overturned in the Supreme Court.
How to buy Crypto with Yes Bank
The easiest way to buy digital assets from your Yes Bank net banking login is with a trusted platform that supports Indian residents like Binance. With their platform, Yes Bank account holders can deposit Indian Rupee (INR) quickly and with low fees to trade over 600 different cryptocurrencies, and even stake them to earn passive income.
You can get started in minutes with this simple guide:
- Sign up with Binance from any country around the world.
- Connect your Yes Bank Net Banking account to deposit fiat via bank transfer.
- Find the cryptocurrency you want to buy on Binance.
- Input the amount of crypto you want to buy.
- Execute your trade.
Once you finalise your transaction and buy Crypto with your Yes Bank account on Binance, your assets will be automatically stored on your Binance managed wallet. You can then withdraw your coins, or leave them on Binance for secure custody.
Yes Bank India
Yes Bank is a private sector bank that was founded in 2004. The Reserve Bank of India (RBI) regulates Yes Bank under the Banking Regulation Act, 1949. They are one of the largest banks in India and provides a range of services for both Indian and global customers. Services offered include personal banking, corporate banking, investment banking, and wealth management.
Yes Bank has over 1,000 branches across India and provides 24/7 customer service support. For Indian customers, Yes Bank offers net banking, mobile banking, and telephone banking services. Global customers can also benefit from Yes Bank’s online banking platform.
They also have a strong focus on digital innovation and was the first bank in India to launch a mobile banking app. The Yes Bank app allows customers to manage their accounts, transfer funds, and pay bills easily and securely. Whether you’re looking for a personal account or want to do business with Yes Bank, they offer a range of services to meet your needs.
Final Thoughts
Yes Bank does not currently provide any direct cryptocurrency services for their customers in India. However, Indian residents can still use Yes Bank accounts to buy and sell digital assets from a licensed and regulated trading platform like Binance.
The process is simple, fast and secure. All you need to do is connect your Yes Bank Net Banking account to Binance and you’ll be able to buy and sell digital assets in just a few clicks.
