The Safest Way To Buy Crypto With ASB Bank

buy crypto asb bank
Mike Harry
Feb 2024
5 min read
Fact checked

Summary: ASB Bank customers that want to invest in cryptocurrencies like Bitcoin, Etherum, Solana and others should signup to regulated exchanges such as eToro and Uphold. These beginner-friendly platforms allow users to easily buy 100s of digital assets in a safe and regulated way. The signup process is free and takes only 2 minutes to complete. You can then deposit funds from your ASB Bank account via Bank transfer (ACH) or credit/debit card deposits.

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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.

Can I Buy Crypto With ASB Bank?

Although Asb Bank does not have the infrastructure to allow direct purchase of cryptocurrencies through their banking platform, there is still a way for their account holders to buy digital assets.

This can be achieved by signing up to regulated exchanges and linking their Asb Bank account in order to safely deposit funds.

Buy crypto with ASB Bank & Uphold
Buy crypto with ASB Bank & Uphold

How To Buy Crypto With ASB Bank?

To start investing in cryptocurrencies, the first step is to sign up for a safe and regulated exchange.

We highly recommend eToro and Uphold as they are beginner-friendly platforms with hundreds of cryptocurrencies to choose from.

Signing up is quick and free of charge. After signing up, the next step is to connect your Asb Bank account and make your first deposit.

It is worth noting that bank deposits (ACH) are free of charge while credit/debit card transfers incur some fees.

However, card transfers have the advantage of instant funds arrival, whereas bank transfers may take a bit longer to arrive.

Once your funds have arrived in your account, you can start buying and selling a variety of cryptocurrencies, including Bitcoin, Ethereum, Solana, and many others.

How to sign up

1. ‍Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your ASB account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Buy Bitcoin with eToro & ASB Bank
Buy Bitcoin with eToro & ASB Bank

Does ASB Bank allow crypto purchases?

Asb Bank offers customers convenient access to a range of traditional banking services, including savings and checking accounts, loans, credit cards, and more.

While they do not specialize in products and services related to the cryptocurrency industry, Asb Bank does allow customers to sign up for regulated exchanges and deposit funds to purchase and sell cryptocurrencies like Bitcoin and Ethereum.

Buy crypto with ASB Bank Credit Card?

Customers who have accounts with ASB Bank are allowed to use their debit or credit cards to transfer fiat currencies to cryptocurrency exchanges that are regulated. This enables them to buy and sell cryptocurrencies in a secure and convenient manner.

It is highly recommended that ASB Bank customers use regulated cryptocurrency exchanges to avoid any complications when depositing or withdrawing funds.

Is ASB Bank crypto friendly?

Although Asb Bank does not directly provide any services related to cryptocurrencies, it can still be regarded as a crypto-friendly bank.

This is because Asb Bank customers are able to link their bank accounts or debit cards to regulated third-party exchanges in order to participate in buying and selling cryptocurrencies.

In addition, there have been no reports of Asb Bank limiting deposits or withdrawals to and from these regulated cryptocurrency exchanges.

About ASB Bank

ASB Bank is one of the largest and most well-established banking institutions in New Zealand. Founded in 1847 as the Auckland Savings Bank, ASB Bank became a part of the Commonwealth Bank of Australia in 2000 and has since grown its customer base substantially in both New Zealand and Australia.

ASB Bank website
ASB Bank website

With over 1.3 million customers in New Zealand alone, ASB Bank has become one of the leading banks in the country.

The bank provides a variety of financial products and services to its customers, including personal and business banking, insurance, investments, and credit cards.

In terms of country availability, ASB Bank operates solely in New Zealand and serves a diverse range of customers across the country.

ASB Bank's product and service offerings are highly diverse, ranging from traditional banking services such as checking and savings accounts to innovative digital technology products like ASB PayTag and FastNet Classic.

The bank also offers a wide range of investment and insurance products, including KiwiSaver, home and contents insurance, and travel insurance.

ASB Bank has a long and storied history as one of the most respected and trusted banking institutions in New Zealand.

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.

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