In this article, we will look at how to buy cryptos with Nord LB on two leading digital asset exchanges – Bitget and Bitvavo.
Nord LB is a German bank offering customers crypto-related services, including buying cryptos on its crypto exchange partners with a simple bank transfer!
Buying cryptos has never been easier and safer, especially for Europeans. Crypto exchanges have started embracing globally accepted payment methods such as bank transfers, debit/credit cards, PayPal, etc. SEPA transfers, in particular, will enable you to deposit your Euros on such platforms for free!
Can you Buy Cryptos with Nord LB?
Yes, you can buy cryptos with Nord LB. Several crypto exchanges accept payment via SEPA, Giropay, Mastercard, etc. With SEPA bank transfers, you can transfer your funds from a traditional bank account to a crypto exchange platform and buy as many cryptos as you want.
This guide will look at how to buy cryptos with Nord LB on Bitget and Bitvavo through SEPA transfers.
How to Buy Cryptos with Nord LB on Bitget
Active traders prefer to use Bitget because it is safe, user-friendly, and affordable. The top crypto exchange lets users purchase cryptos via SEPA transfers and debit/credit cards. With these three easy steps, you can buy cryptos with Nord LB on Bitget in three easy steps.
Step 1: Register and Verify your Identity on the Platform
Like all platforms, you must open an account with Bitget before you can buy cryptos with Nord LB. Once you reach the Sign Up page on the exchange’s website, you will be asked to open an account with your email address or phone number. Agree to Bitget’s User Agreement and Privacy Policy and create your account. After this, you will be asked to verify your identity to unlock the platform’s features.
For this part of the process, you must upload a government-issued ID such as your passport, driver’s license, or ID card, and complete facial recognition. Bitget will screen your submitted papers and authorize your account in less than an hour.
Step 2: Choose SEPA as your desired payment method
After setting up your account correctly, find “Buy Crypto” on the platform. Click on “Bank Deposit” and select “EUR” as your preferred fiat currency.
Then, Bitget will take you to a page where you must supply your order details. Select SEPA as your preferred payment means, click “Next,” and provide the number of Euros you want to invest in cryptos.
Step 3: Make a Transfer from your Nord LB Bank App
Now, you should be looking at a couple of details to aid you with the bank transfer.
Transfer funds from your Nord LB bank account to the account provided by Bitget. As soon as you are done and the payment is processed in 1 to 2 days, you will see the purchased crypto in your Bitget balance.
How to Buy Cryptos with Nord LB on Bitvavo
With Bitvavo, traders can access over 200 cryptocurrencies. With its easy-to-use interface, the reliable crypto exchange is currently handling the crypto needs of over 1 million users. Bitvavo allows payments via SEPA, Sofort, Giropay, and debit/credit cards.
Here is a step-by-step series of guidelines on how to buy cryptos with Nord LB on Bitvavo.
1. Bitvavo only allows registered users to trade cryptos, so you must open an account. The process is quite simple. Once you are on Bitvavo’s website, click “Sign up” and enter the necessary details on the next page. After submitting these details, tick the box next to “Accept Terms and Conditions” and proceed to the next page.
2. Next, you must verify your identity. It has become mandatory for digital asset exchanges like Bitvavo to verify the identities of their users via KYC verification. This part of registering with such platforms prevents people from using cryptos to launder money and carry out other fraudulent activities. To complete your KYC verification, you will be asked to provide a government-backed document and a live video of yourself.
3. Once Bitvavo approves your account, go to your dashboard and click on “Deposit.” A pop-up window will appear right after. Tick the box allowing Bitvavo to verify your bank account and “Continue.” Then, select SEPA from the provided payment method list of Giropay, iDeal, Sofort, SEPA, and debit/credit cards, and input the number of Euros you want to deposit. Click on “Continue.”
4. You should find a barcode and bank account details on your screen.
You can scan the barcode or manually transfer the money to the payee information on your Nord LB bank app. Bitvavo will confirm the payment as soon as possible, and the amount will be reflected on your EUR balance on the platform.
5. To buy cryptos, find your dashboard and search for the crypto you wish to invest in. Then, click “Buy” and enter the amount of crypto you want to buy.
About Nord LB
Nord LB is the number one commercial financial institution in northern Germany with over 50 years of experience. It acts as the central bank for over 60 regional savings banks. The leading bank offers financing solutions to medium-sized German businesses in the energy, infrastructure, aircraft, and real estate sectors. Branching out to New York, London, and Singapore, Nord LB offers many investment opportunities, including green and innovative financing.
Bottom Line
Nord LB has made purchasing cryptos on various exchange platforms easy for its customers. SEPA transfers, in particular, are an excellent option for traders looking for zero transaction fees. You can easily buy cryptos with Nord LB on platforms like Bitget and Bitvavo.
