How to Buy Crypto with Suncorp [2024]

Summary: To buy crypto with Suncorp Bank, we suggest using a reputable multi-asset investment platform eToro. After testing more than ten trading platforms, we concluded it to be the best option, as it offers 80+ digital assets and offers low trading fees. Therefore, eToro is a cost-effective and safe option for Suncorp customers.

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

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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 Suncorp? 

You can buy crypto with Suncorp, but you need to link your bank account to a licensed cryptocurrency exchange, as the bank does not offer cryptocurrency services directly through its platform.

How to buy crypto with Suncorp?

The best way to buy crypto with Suncorp in Australia 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,” which enables users to copy top-performing crypto traders, in addition to a staking service, custom watchlist, as well as advanced charts and technical analysis tools. 

How to buy crypto with Suncorp: 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 AUD amount you want to deposit on the eToro platform;
• Step 3: Connect your Suncorp 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: eToro AUS Capital Limited ACN 612 791 803 AFSL 491139. Crypto assets are unregulated and highly speculative. There is no consumer protection. You risk losing all of your capital. Refer to eToro’s Terms and Conditions. See full disclaimer.

About Suncorp

Suncorp Bank is an Australian bank that operates as a subsidiary of Suncorp Group. Established in 1902, Suncorp has grown into Australia’s sixth-largest bank and currently provides an extensive selection of banking and financial products and services to both individuals and businesses. 

Suncorp crypto policy

After scanning through multiple online sources as well as Suncorp Bank’s website, it appears that Suncorp Bank has not issued any official statements or rules regarding cryptocurrencies, nor have they made any official rules limiting transfers to crypto exchanges.

They do not offer any crypto-related products on their platform. Nonetheless, Suncorp customers have the option to link their banking accounts to regulated crypto exchanges, should they choose to invest in digital assets.

How to buy crypto safely?

Investing safely in cryptocurrency involves a mix of due diligence, security measures, and adherence to regulations:

• Research the cryptocurrency: Understand the technology behind the crypto you’re interested in, its use case, market trends, and associated risks;
• Use secure devices: Transact from your own device and ensure a secure internet connection, preferably with a VPN; 
• Choose a reputable exchange: Select an exchange that is registered with AUSTRAC and complies with AML/CTF regulations. Check its credibility, regulatory compliance, and customer reviews, 
• Understand exchange policies: Know the terms and conditions, especially regarding fund security and what happens if the exchange goes bankrupt;
• Secure your investments: Enable two-factor authentication, use strong, unique passwords for your accounts, and make sure to use a secure crypto wallets;
• Invest responsibly: Only invest money you can afford to lose due to the market’s volatility;

Stay informed: Monitor your investments and market trends regularly to make informed decisions.

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

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