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How to Buy Crypto With Klarna [2024]

How to Buy Crypto With Klarna
Diana Paluteder

Summary: To buy Bitcoin or other cryptocurrencies with Klarna, we recommend using a reputable multi-asset investment platform. After testing over ten other crypto exchanges, we concluded eToro to be the best choice for Klarna customers, as it offers some of the lowest trading fees and a selection of 80+ crypto coins on top of other assets.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 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
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Can you buy crypto with Klarna? 

You can buy crypto with Klarna, but you need to connect to a licensed cryptocurrency exchange that accepts EUR through the Klarna app, as Klarna does not offer the buying and selling of cryptocurrency directly through its platform.

How to buy crypto with Klarna?

The best way to buy Bitcoin or any other cryptocurrency with Klarna is through a renowned 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 custom watchlist, as well as advanced charts and technical analysis tools. 

How to buy crypto with Klarna: 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: Select Klarna 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.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more.

Crypto on eToro. Source: etoro.com

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 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
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

About Klarna

Klarna Bank AB, commonly called Klarna, is a Swedish fintech company that offers online financial services such as direct payments, pay-after-delivery options, and installment plans. Customers can use the Klarna mobile app anywhere online or choose Klarna as their payment option at the checkout with participating retailers.

In 2013, Klarna acquired SOFORT AG, after which the Klarna Group was formed. Following a major re-branding initiative in August 2017, the Sofort (also known as Pay now) payment method became visually integrated under the Klarna product range. 

The company was founded in 2005 and currently serves 150 million active consumers across more than 450,000 merchants in 45 countries, including Europe, the US, and Canada.

Klarna’s homepage. Source: klarna.com

Klarna’s crypto policy

Klarna has no policies prohibiting its users from buying and selling digital assets through licensed exchanges. 

How to buy crypto safely

As a relatively new asset class, cryptocurrencies remain highly speculative and subject to extreme price volatility, making them much riskier than traditional financial instruments such as stocks or bonds. In addition, fraud and cybercrime in the crypto sphere are particularly rampant, putting both seasoned and inexperienced investors at risk. Luckily, there are steps you can take to ensure you’re being careful when buying crypto:

  • 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: When selecting an exchange, prioritize licensed options with a strong track record, scrutinize user terms, and review feedback to identify potential concerns;
  • 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, take 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 Klarna: 

What is Klarna?

Klarna is a payment service provider that acts as an intermediary between merchants and consumers. It provides payment solutions for online stores and services that allow customers to pay for their purchases in installments, later, or directly with their preferred payment method. 

Can you buy crypto with Klarna?

Yes, you can buy crypto with Klarna; however, not directly on their platform. Instead, customers can use Klarna to deposit funds to licensed third-party crypto brokers and buy cryptocurrencies.

How to buy crypto with Klarna?

You can use Klarna to buy crypto using a trusted third-party cryptocurrency platform, such as eToro. 

What is Klarna's crypto policy?

Klarna’s crypto policy allows its customers to use its services to buy, sell and trade digital assets through regulated exchanges. 

How to buy Bitcoin on eToro?

To buy Bitcoin on eToro, link your Klarna account to your eToro account and deposit funds. eToro accepts multiple payment methods, including debit and credit cards from all large banks and popular third-party payment platforms.

How to buy crypto with Sofort (Pay Now)?

Customers can use Sofort to deposit funds to licensed third-party crypto brokers to buy cryptocurrencies.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 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
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

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