How to Buy Crypto with CaixaBank [2024]

Summary: CaixaBank doesn’t offer customers the chance to buy cryptocurrencies on its own platform. Instead, CaixaBank customers can connect their banking accounts to a regulated broker or crypto exchange to purchase digital assets like Bitcoin (BTC) and Ethereum (ETH). 

The safest and most cost-effective way to buy crypto with CaixaBank is to sign up with a renowned crypto-friendly multi-asset investing platform eToro and deposit EUR from their bank account. After testing multiple other trading platforms, we found it to be the best choice for CaixaBank customers, as eToro offers low trading fees, a wide selection of crypto coins, and is already trusted by nearly 3 million active users.

Best Crypto Exchange for Intermediate Traders and Investors

• Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

• 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

• Copy top-performing traders in real time, automatically.

• eToro USA is registered with FINRA for securities trading.

30+ million Users

Get Started

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Can you buy crypto with CaixaBank? 

You can buy crypto with CaixaBank, but you need to connect to a licensed broker that offers cryptocurrencies. As mentioned above, this is because CaixaBank does not provide direct access to cryptocurrency services through its online banking platform.

How to buy crypto with CaixaBank?

The best way to buy Bitcoin or any other cryptocurrency with CaixaBank is through a reputable broker like eToro, which is a widely trusted multi-asset investing platform with over 70 cryptocurrencies and unique features such as “Copy Trading” (enables users to imitate top-performing crypto traders), a staking service, custom watchlist, as well as advanced charts and technical analysis tools. 

How to buy crypto with CaixaBank online banking: Step-by-Step

You can get started in minutes with four simple steps:

• Step 1: Create an account on eToro and complete your verification (personal or company);
• Step 2: Enter the EUR amount you want to deposit on the eToro platform;
• Step 3: Connect your CaixaBank account to deposit your selected fiat currency;
• Step 4: The final step is to find the cryptocurrency you want to purchase and execute your trade.

Disclaimer: Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Best Crypto Exchange for Intermediate Traders and Investors

• Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

• 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

• Copy top-performing traders in real time, automatically.

• eToro USA is registered with FINRA for securities trading.

30+ million Users

Get Started

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

About CaixaBank

CaixaBank, S.A. is a Spanish multinational financial services company headquartered in Valencia. The bank offers various banking and financial products and services to approximately 20.2 million private, business, and institutional clients nationwide, with around 4,400 branches. Moreover, the bank has a significant international presence, with operations in Portugal, Italy, Germany, Morocco, France, the United Kingdom, Poland, and England. 

Retail banking services offered by CaixaBank include: 

• Personal banking: Checking and saving accounts, credit cards, mortgages, loans, and insurance products;
• Business banking: Business accounts, financing options, and lines of credit as well as business insurance; 
• Wealth management: Advisory services, various savings and investment fund options, as well as pension plans.

CaixaBank crypto policy

CaixaBank is a crypto-friendly bank that supports crypto-related activities through brokers that comply with relevant financial regulations. Therefore, CaixaBank crypto users can freely use their bank accounts to transfer funds to renowned third-party exchanges or investment platforms, like eToro, to buy Bitcoin and other cryptocurrencies.

In fact, the Spanish bank became one of the first European banks to grant its customers access to blockchain technology by adding the digital trade platform “we.trade” to its service catalog for companies. Moreover, the European Central Bank (ECB) selected CaixaBank (and four other organizations) to collaborate in developing a prototype of a digital euro. 

Articles and news stories on CaixaBank’s involvement in blockchain and the digital asset ecosystem can be found here, and research articles regarding cryptocurrencies can be found on their website here.

How to buy crypto safely

As a relatively new and untested territory, cryptocurrency markets are highly volatile, and little regulatory framework exists for their trading globally. And though high risk often translates into high reward, beginner investors should stay wary of the dangers of such speculative instruments. 

In fact, the European Supervisory Authorities (ESAs) have warned consumers of the speculative nature of crypto assets as well as the lack of recourse or protection available to investors, as digital assets and services typically fall outside existing protection under current EU financial services rules. The ESAs have laid out advice on initial coin offerings and crypto-assets here. 

Fortunately, there are steps you can take to ensure you’re staying safe when investing in crypto. Here are a few essential guidelines for getting started with digital assets and how to best protect yourself and your money.

How to buy crypto safely – tips

• Research the cryptocurrency you want to buy: Make sure you understand how it works and what the risks are; 
• Only use a safe device: Avoid public computers and Wi-Fi networks. Always use your personal computer with a VPN, which helps establish a secure connection between you and the web, keeping your sensitive information safe;
• Choose a reputable exchange: Ensure the exchange is licensed by the appropriate regulators in your country and has a solid track record. Study the exchange’s user terms and agreements carefully to learn more about where your money is kept and what happens to your funds if the business goes bankrupt. You may also want to scour through user reviews to catch any red flags;
• Secure your account: Use two-factor authentication and a strong password to protect your account;
• Use a secure wallet: Store your cryptocurrency in a secure wallet to protect it from hackers. You can opt for either a hot (online) or cold (offline) wallet. To choose the right one for you, make sure to check out our in-depth guide on crypto wallets;
• Don’t invest money you can’t afford to lose: Since the crypto market can be highly volatile, you need to be conservative with your investments, particularly when starting out. For more investing tips, have a look at our guide on investing mistakes to avoid;
• Monitor your investments: Keep an eye on the market and be aware of any changes in the price of the cryptocurrency you’re investing in. 

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk. 

FAQs:

Best Crypto Exchange for Intermediate Traders and Investors

• Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

• 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

• Copy top-performing traders in real time, automatically.

• eToro USA is registered with FINRA for securities trading.

30+ million Users

Get Started

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.