You can enjoy fast and secure crypto purchases with Deutsche Bank using a bank transfer or credit/debit card payment. Here is a trustworthy and reliable guide to help you purchase cryptos using Deutsche Bank.
Can You Buy Cryptos with Deutsche Bank?
Deutsche Bank supports fast and secure crypto purchases with reliable platforms so it’s safe and highly recommended. Buying cryptos with Deutsche Bank is as simple as using a bank transfer or credit/debit card payment however, not all exchanges support Deutsche Bank as a payment method. As a Deutsche Bank customer, you can purchase cryptocurrencies through its partnered exchanges, Bitget, Bitpanda and Bitvavo. These exchange platforms offer a user-friendly interface and support various payment methods, including bank transfers from Deutsche Bank accounts.
How to Purchase Cryptos with Deutsche Bank on Bitget
Bitvavo gives customers several options for purchasing crypto such as credit/debit cards, GiroPay, Discover, and so on. However, we will be focusing on how to buy crypto via SEPA transfer with a Deutsche bank account.
Step 1: Register with Bitget
Creating an account on Bitget is fast and easy. Head over to the exchange’s official site and go to the sign-up page. There you’ll be required to fill in your email address and password. Click the “Sign Up” button and follow the verification link sent to your email to verify.
After creating your account, Bitget restricts you from using certain features including fiat deposits until you undergo KYC verification. Complete the KYC verification by uploading your driver’s license, passport, or identity card. The platform also asks you to make a live video to confirm the integrity of the submitted ID. Bitget will review your verification documents and approve your account within a few hours.
Step 2: Deposit Funds
Now, you’re free to deposit euros on the platform and exchange it for any cryptocurrency of your choice. Go to “Buy Crypto” and select “third-party” from the drop-down menu.
Select EUR, type the amount of fiat you want to deposit, and select what crypto you want to receive in exchange. Then, select SEPA as your payment method.
Step 3: Transfer Money from Your Bank
Bitget will give you the amount, account name, IBAN number, and other information needed to complete the transfer. Send the money from your Deutsche Bank app and confirm the payment.
In return, BitGet will release the equivalent amount of crypto you want to buy to your wallet.
How to Purchase Cryptos with Deutsche Bank on Bitvavo
Bitvavo is another popular cryptocurrency exchange with over 1 million users in Europe. Although you can’t buy crypto across the counter with Deutsche Bank, Bitvavo is another exchange that allows customers to buy crypto through traditional payment methods like credit/debit cards, Sofort, iDeal, and SEPA. Here’s how to do it via SEPA with a Deutsche Bank account:
Step 1: Create a Bitvavo account
Head to their official website at Bitvavo.com and go to “Sign Up” at the top left corner. Complete the signup form and verify your email address.
Step 2: Complete KYC Verification
In compliance with regulations, Bitvavo customers are required to perform KYC verification. Submit a government-issued document and a video of yourself to confirm your identity. Bitvavo will review your documents and verify your identity within a few hours.
Step 3: Deposit Funds
Return to the dashboard and click the “Deposit” button.
Select SEPA as your payment method.
Type the amount you want to deposit and click “Continue.”
Send the required amount to the payee information provided by Bitvavo from your Deutsche Bank app.
After confirming the payment, your Bitvavo EUR balance will be updated appropriately.
Step 4: Buy Crypto
Now that you have funds in your EUR wallet, you can exchange them for any cryptocurrency of your choice available on Bitvavo.
How to Purchase Cryptos with Deutsche Bank on Bitpanda
Bitpanda is a popular and user-friendly cryptocurrency exchange based in Vienna, Austria.
Step 1: Create a Bitpanda Account
Visit www.bitpanda.com and create an account with the exchange. Confirm your email address to complete the registration.
Step 2: Verify your identity.
Answer questions thrown at you by the platform, provide a government-issued ID (passport, ID card, or driver’s license), and take a selfie holding your ID document. Within a few hours, Bitpanda will review your document.
Step 3: Deposit EUR from your Deutsche Bank Account
Click the “Deposit” button on the Bitpanda dashboard. Select “EUR” as your fiat currency and SEPA will already be pre-selected as your payment method. Type the amount of fiat you want to deposit and confirm that you will be sending the funds from an account bearing your name before clicking continue. Copy the transfer details provided and send the funds from your Deutsche bank account. Click done.
Step 4: Buy Cryptocurrencies
Now, you are ready to buy crypto. Click the “Trade” button on the dashboard to purchase any cryptocurrency of your choice.
About Deutsche Bank
Deutsche Bank is one of the largest and most reliable financial institutions in Germany. They offer a plethora of financial services to individuals, businesses, and institutions and one of them happens to be crypto purchases.
Final Thoughts
The crypto platforms reviewed in this guide make buying crypto through bank transfer quick and convenient. Register and start your crypto trading journey today. They’re reliable and safe financial platforms so you have nothing to worry about.
