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How to buy Crypto with OCBC Bank

How to buy Crypto with OCBC Bank

Karen Tren
Fact Checked
Dec 24, 2022

Summary: OCBC does not directly offer cryptocurrency investing or trading through their online ibanking platform.

OCBC Bank account holders will need to find a Monetary Authority of Singapore (MAS) licensed exchange like Coinhako to deposit SGD and trade crypto.

Table of Contents

Best Crypto Exchange for OCBC Bank

  • Fast and Cheap SGD deposits from OCBC Online Banking.
  • 50+ Cryptocurrencies with Low Fees at 0.1% per trade.
  • OTC and Institutional Desk for high-net worth investors.

Can I buy Crypto with OCBC Bank

Yes, you can purchase crypto with OCBC Bank in Singapore. To do so, you will need to first set up an account with a cryptocurrency exchange that offers OCBC Bank as a payment option. Once you have done so, you will be able to link your OCBC Bank account to the exchange and begin making purchases.

The platform you use must be licensed and regulated by MAS in order to legally invest in digital assets. Please note that you may be subject to fees when using OCBC Bank to purchase crypto.

How to buy Crypto with OCBC Bank online

If you are a retail or an institutional investor looking to get access to cryptocurrencies, we recommend you use a trusted digital asset exchange like Coinhako. They are one of the first crypto trading platforms to be licensed by MAS and they offer over 50 different cryptocurrencies to buy or sell against SGD.

You can follow the guide below to get started.

  1. Sign up to Coinhako and verify your identity.
  2. Connect your OCBC Bank Account to deposit Singapore Dollars (SGD)
  3. Find the Crypto asset you want to buy on the Coinhako platform.
  4. Input the SGD amount you want to invest and execute your trade.
Deposit SGD from OCBC Bank.

OCBC Bank Cryptocurrency Policy

Despite the fact that OCBC Bank does not currently offer ways to buy Bitcoin and crypto, they have no adverse banking policies that prohibit the use of cryptocurrency from their customers. This means that you are safe to deposit and withdraw SGD from your OCBC Bank account into trusted and licensed platforms.

About OCBC Bank

OCBC Bank is one of the largest banks in Singapore with over 600 branches across the country. The bank offers a wide range of banking and financial services to both individuals and businesses, including savings and investment products, loans, insurance, credit cards, and more.

OCBC Bank Digital

OCBC was founded in 1932 by a group of local businessmen as a way to promote the economic development of Singapore. Since then, OCBC has grown to become one of the leading banks in Singapore and is now a major player in the Southeast Asian banking sector.

Karen Tren

Karen Tren

Full-time writer and cryptocurrency newbie! Learning about NFTs, DeFi and GameFi with my research and writing for BuyBitcoinBank.

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