How to Buy Crypto With Crédit Agricole [2023] | Step-by-Step

Summary: Crédit Agricole Bank doesn’t offer customers the chance to buy cryptocurrencies on its own platform. Instead, Crédit Agricole customers can connect their banking accounts to a French Financial Markets Authority (AMF) registered crypto exchange to purchase digital assets like Bitcoin (BTC) and Ethereum (ETH). 

In short, to buy crypto with Crédit Agricole, investors will need to sign up with a French Financial Markets Authority-registered crypto-friendly multi-asset investing platform like eToro and deposit EUR from their Crédit Agricole account.

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Intermediate Traders and Investors

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Finbold is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.

Can you buy crypto with Crédit Agricole? 

You can buy crypto with Crédit Agricole, but you need to connect to an AMF-registered broker that offers cryptocurrencies. As mentioned above, this is because Crédit Agricole does not offer cryptocurrency services directly through its online banking platform.

How to buy crypto with Crédit Agricole?

The best way to buy Bitcoin (BTC) or any other cryptocurrency with Crédit Agricole is through an AMF-registered 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 Crédit Agricole 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 Crédit Agricole 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.

Best for:

Intermediate Traders and Investors

2.8 Million Active Accounts

Get Started

Finbold is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.

About Crédit Agricole

Crédit Agricole Group is a French international banking group headquartered in Montrouge, France. It is France’s second-largest bank, as well as the third-largest in Europe after HSBC and BNP Paribas. The bank has a significant international presence, with operations in 47 countries, offering a comprehensive range of banking and financial products to over 53 million retail customers worldwide. 

Retail banking and financial services offered by Crédit Agricole include: 

• Personal banking: Checking accounts, real estate loans, and consumer credit as well as insurance products;
• Wealth management: Investment banking, financial planning, and advisory services, various savings and investment fund options, as well as retirement plans.

Crédit Agricole’s crypto policy

Crédit Agricole is a crypto-friendly bank with no policies prohibiting users from depositing/withdrawing funds to/from regulated crypto exchanges. 

The banking conglomerate made a substantial investment in blockchain technologies in 2018 when backing Setl, a blockchain infrastructure startup. François Marion, Deputy CEO of Crédit Agricole CIB, said about the acquisition: 

“This minority stake is fully in line with the open innovation strategy of Crédit Agricole CIB and, more broadly, the Crédit Agricole Group strategy. It paves the way for an industrial partnership that will contribute to the work already undertaken by Crédit Agricole CIB on the blockchain technology over the last 2 years and will enable Crédit Agricole CIB to speed up the digitalization of its processes and exchanges with its customers.”

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.

France, in particular, is notoriously crypto-friendly, allowing crypto firms to operate with minimal checks as they only need to register in France with the AMF without having to gain a full-fledged license.

Worth noting, however, that 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. 

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 protect yourself and your money best:

• 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: Because the crypto market can be so 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 about how to buy crypto with Crédit Agricole: