![How to Buy Crypto With Postbank [2024]](https://assets.finbold.com/uploads/2023/03/Postbank-1024x683.jpg)
Summary: Postbank doesn’t offer customers the chance to buy cryptocurrencies on its own platform. Instead, Postbank customers can connect their banking accounts to a reputable crypto exchange like eToro to purchase digital assets like Bitcoin (BTC) and Ethereum (ETH).
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Can you buy crypto with Postbank?
You can buy crypto with Postbank, but you need to connect to a licensed broker that offers cryptocurrencies. As mentioned above, this is because Postbank does not provide direct access to cryptocurrency services through its online banking platform.
How to buy crypto with Postbank?
The best way to buy Bitcoin or any other cryptocurrency with Postbank is through a trusted 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 Postbank 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 Postbank 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.
About Postbank
Postbank is a German bank operating as a brand of Deutsche Bank’s retail arm. It serves approximately 13 million private, business, and corporate customers across a nationwide branch network with around 650 of its own branches, 2,000 partner branches of Deutsche Post, and 360 advice centers.
Retail banking services offered by Postbank include:
- Personal banking: Checking and saving accounts, mortgages, loans, lines of credit, insurance products, and retirement options;
- Business banking: Business loans and lines of credit, as well as business insurance;
- Wealth management: Advisory services and investment portfolio products, various savings and investment fund options, ETFs, and stock trading.
Postbank’s crypto policy
Though you can’t access crypto services from Postbank directly, the bank is supportive of crypto-related activities through brokers that comply with relevant financial regulations. Indeed, customers may only run into issues if they are found depositing money into unlicensed or offshore exchanges.
How to buy crypto safely
- Research the cryptocurrency: Understand its workings and risks;
- Secure device usage: Stick to your personal computer with a VPN for a secure connection;
- Choose a reputable exchange: Look for proper licensing and a solid track record;
- Account security: Implement two-factor authentication and a strong password;
- Opt for a secure wallet: Decide between hot (online) or cold (offline) wallets;
- Invest wisely: Only invest what you can afford to lose in the volatile market;
- Monitor the market: Keep a close eye on your cryptocurrency investments.
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 Postbank
How to buy crypto with Postbank?
You can’t buy crypto with Postbank directly through its services. However, you can deposit your money to a licensed third-party trading platform that offers cryptocurrencies.
Can you buy crypto with Postbank?
While Postbank doesn’t offer crypto trading directly through its own platform, customers can connect their Postbank accounts to a regulated cryptocurrency exchange to buy digital assets.
What crypto exchanges does Postbank allow?
Customers can deposit funds from their Postbank accounts to renowned crypto brokers, such as eToro.
Is Postbank crypto-friendly?
Yes, Postbank is generally a crypto-friendly bank. Postbank’s crypto policy allows its customers to use their accounts to buy, sell and trade digital assets through regulated exchanges.
