Those with a Bank Norwegian account that want to buy and sell cryptocurrencies like Bitcoin and Ethereum can use regulated exchanges like eToro and Uphold. These platforms are well-suited for beginner crypto investors who want to access a safe, beginner-friendly environment to buy 100s of cryptocurrencies. Once you have signed up (takes 2 minutes), you can deposit fiat currencies like NOK, SEK or EUR from your Bank Norwegian account via bank deposit or by using your credit/debit card.
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 Bank Norwegian?
Although Bank Norwegian does not offer the direct purchase of cryptocurrencies through their platform, customers with a Bank Norwegian account have the option to buy digital assets through regulated cryptocurrency exchanges.
This can be done by linking their Bank Norwegian account or credit/debit card to platforms such as eToro or Uphold.
How To Buy Crypto With Bank Norwegian?
The first step in buying and selling cryptocurrencies is to sign up for a safe and regulated exchange that is beginner-friendly and easy to use.
One of the highly recommended exchanges is eToro and Uphold as they offer hundreds of cryptocurrencies to buy and sell and are regulated.
After successfully signing up and creating an account, the next step is to make a deposit. Bank deposits or ACH transfers are the preferred choice and they are free of charge. Credit/debit card deposits are also possible for those that prefer that but with a small fee.
Once your account is fully funded, you can begin buying and selling numerous cryptocurrencies, including the popular ones such as Bitcoin, Ethereum, Solana, Arbitrum, Optimism, Cosmos and many others!
How to sign up
1. Create Account: Signup and add your identity verification. 2. Deposit Funds: From your Norwegian Bank account. 3. Start Buying: Once your deposit has arrived in your account.
Does Norwegian Bank allow crypto purchases?
Bank Norwegian offers its customers convenient access to traditional banking services, including checking and savings accounts, loans, and credit cards. The bank currently does not have the infrastructure in place to offer any crypto services.
This however does not stop it's customers from registering with regulated exchanges and transfer funds to buy cryptocurrencies like Bitcoin and Ethereum.
Buy crypto with Bank Norwegian Credit Card?
Customers of Bank Norwegian are permitted to use their debit or credit cards to deposit fiat currencies, such as Norwegian krone, to regulated cryptocurrency exchanges. This allows them to engage in buying and selling cryptocurrencies in a safe and secure manner.
Is Bank Norwegian crypto friendly?
Although Bank Norwegian does not provide any services related to cryptocurrencies, it can still be considered a crypto-friendly bank. This is due to the fact that its customers are able to easily connect their Bank Norwegian accounts to deposit funds into third-party exchanges.
About Bank Norwegian
Bank Norwegian is a Norwegian digital bank that was established in 2007. The bank started as a subsidiary of Norwegian Air Shuttle, which provided low-cost airline services in Europe. Bank Norwegian was founded as a response to the market's need for a low-cost banking alternative.
The bank made its debut in the Norwegian market in 2010 and expanded its operations to Sweden and Denmark in 2015. Today, Bank Norwegian has more than half a million customers across Norway, Sweden, and Denmark.
The bank has made a name for itself by offering attractive loan and credit card products with low-interest rates to its customers. Bank Norwegian's loan products include unsecured personal loans in amounts ranging from NOK 5,000 up to NOK 600,000.
The bank's credit card products offer cashback and reward programs to customers who use them for their purchase transactions. Bank Norwegian operates exclusively online, providing its products and services through its website and mobile app.
This approach has allowed the bank to keep operating costs low and offer highly competitive products to its customers. The bank is known for its customer-centric approach, providing friendly and efficient customer service to customers.
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.