Postbank gives its customers access to essential banking services at affordable rates. If you have an account with this bank then you can benefit from the platform’s many advantages. You can also use it to buy various cryptocurrencies.
Buying crypto can be a difficult process even for seasoned professionals. Thankfully, with the right bank, every step is made easy. Postbank makes the process of buying crypto a walk in the park. Via various payment methods, you can use this bank to purchase any cryptocurrency you choose. These payment methods include Sofortbanking, Giropay, SEPA bank transfer, Bancontact, and many more.
This article highlights two amazing crypto exchanges that are perfect for buying crypto through Postbank. It will also provide a step-by-step guide for each exchange. You will learn the process for purchasing crypto on each platform and the benefits of doing so.
Can you buy cryptos with Postbank?
Postbank allows customers to buy crypto by using regulated cryptocurrency exchanges such as Bitget and Bitvavo. Thanks to Postbank’s lack of banking restrictions, users can connect their accounts to an exchange and buy Bitcoin and other cryptocurrencies. Money deposited in Postbank can be seamlessly transferred to an exchange through various payment methods.
Banking with Postbank allows you to use your debit/credit card to send funds to an exchange. The process is straightforward and hassle-free. Once you’ve confirmed your order and made payment, your crypto will be deposited in your wallet. The option of bank transfer is also available.
Buy Cryptos with Postbank on Bitget
This platform has a customer base of over 20 million users. Bitget is a reliable cryptocurrency exchange that gives users access to almost 600 cryptocurrencies. It also supports more than 140 fiat currencies.
Crypto holders looking to explore the world of web3 can also do that with Bitget. It gives you access to NFTs and various decentralized applications.
Your Postbank debit or credit card can be used to deposit money in your Bitget account and used to buy crypto. Alternatively, you can buy crypto on Bitget by using SEPA bank transfer through Postbank. The steps below will teach you how.
Step 1: Create your Bitget account and verify your email
To create an account with Bitget, you need to enter your email or phone number. Next, click the “Create Account” button. You will receive a code in your email. Enter the code in the space provided and you’re good to go.
Step 2: Click on “Buy Crypto” to view the drop-down menu
The next step is to select the “Buy Crypto” button at the top of the homepage. Change the currency to “EUR” and click “Bank Deposit.”
Step 3: Create an Order
Choose SEPA as your preferred payment method and enter the amount of EURs you want to deposit.
Step 4: Initiate the Postbank Deposit
Bitget displays the account details for you to send the funds. Switch to the Postbank website so you can enter your order details and initiate the transaction.
Make the transfer, confirm your transaction, and wait for Bitget to verify it. Your crypto will be deposited in your Bitget account after 1-2 business days.
2. Bitvavo
Bitvavo is a top crypto exchange in Europe. It is a very efficient platform that allows customers to buy and sell a variety of cryptocurrencies. People who use this exchange also benefit from low trading fees. The fees range from 0.03% to 0.25%. Fees this low are hard to come by in the crypto industry which makes Bitvavo an excellent choice for users looking to make the most of their money.
In addition to the impressive trading fees, Bitvavo is a secure platform. They take the necessary measures to ensure that the funds of their customers are safe. They even go a step further by guaranteeing their customers compensation if their accounts are accessed without authorization.
Buying crypto with Bitvavo can be done using a credit or debit card connected to a PayPal account or through SEPA bank transfers from banks like Postbank. Follow the steps below to buy crypto on Bitvavo with Postbank.
1. Create a Bitvavo Account: New Bitvavo users will need to sign up. You can do this by entering your country of residence, first and last name, and email address. Next, you need to verify your email address. If you have an existing Bitvavo account, just log in and proceed. Before you can buy crypto on Bitvavo you need to upload a valid government-issued ID. You will also need to record a video of yourself to verify your identity.
2. Select SEPA Bank Transfer: Scroll down and click on “Deposit”, read through and accept the requirements, and then select “Bank transfer (SEPA)”. You will be provided with bank account details that are connected to your Bitvavo account.
3. Transfer funds to your Bitvavo account from Postbank: Copy the bank details and proceed to the Postbank platform. Make the transfer and return to Bitvavo to confirm it. Once it is confirmed, you will receive your cryptocurrency.
About Postbank
Postbank is a German-based financial organization. This bank has over 13 million customers. It has been in business for more than a hundred years since its establishment in 1909. The banking services offered by Postbank allow you to perform basic transactions.
The platform also offers a variety of solutions to everyday financial struggles by providing attractive loans and savings accounts with competitive interest rates. The best part about Postbank is that you can use it to perform secure crypto transactions at an impressive speed. All you need to do is connect it to exchanges like Bitget or Bitvavo.
Bottom Line
If you need a simple way to purchase Bitcoin and other cryptocurrencies then Postbank is the solution. This bank is a popular choice for crypto traders and investors who need a reliable bank to process their crypto transactions.
Postbank is also a great option for crypto beginners, thanks to the intuitive design of the trading platform. Follow the steps listed above to use Postbank to buy cryptocurrencies from any of the exchanges mentioned.
