How To Safely Buy Crypto & Bitcoin With Bank of Ireland
Mike Harry
Feb 2024
3 min to read
Fact checked
Summary: If you want to buy Bitcoin and crypto, we recommend using safe and regulated eToro as you can’t buy directly through the Bank of Ireland. This platform is regulated in the UK and suitable for beginners who want a safe way to invest in 1,000s of digital assets including cryptocurrencies. Get started today by signing up (only takes a few minutes) and deposit money via bank or credit/debit card transfer. Invest in crypto easily and without any worries!
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 or Bitcoin with the Bank of Ireland?
Not directly through the Bank of Ireland but you can easily buy Bitcoin or other cryptos using a regulated third-party crypto exchange.
We recommend eToro in particular as it's well known, safe to use, regulated and offers a wide range of cryptocurrencies.
How to buy crypto with Bank of Ireland?
The first step towards buying and selling cryptocurrencies is to sign up for a safe and regulated exchange such as eToro.
For users with a Bank of Ireland account, we recommend signing up to eToro due to their user-friendly interface and wide range of digital assets.
Signing up is quick, easy and free of charge. After successfully signing up, you can easily connect your bank account and initiate your first deposit.
Deposits made via bank transfers (ACH) are free of charge, while transfers made via credit/debit cards incur a small fee.
Once the funds have been deposited into your eToro account, you can start buying and selling cryptocurrencies such as Bitcoin, Ethereum, and Solana, among others.
Signup in two minutes
1. Create Account: Signup and add your identity verification 2. Deposit Funds: Via your Bank of Ireland account or credit/debit card 3. Start Buying: Once your deposit has arrived in your account
Is Bank of Ireland crypto friendly?
The Bank of Ireland is crypto friendly even though it does not have an official cryptocurrency policy. Instead, they follow the rules and regulations imposed on them.
What is the crypto policy of Bank of Ireland?
While Bank of ireland does not have an official cryptocurrency policy, the best option is to use FCA-regulated cryptocurrency exchanges.
This way, you won't have any issues depositing or withdrawing funds from regulated exchanges like eToro.
About Bank of Ireland
Bank of Ireland Group, one of the Big Four traditional Irish banks, has been a cornerstone of Ireland's banking sector since its inception in 1783 by Royal Charter. The Bank of Ireland is headquartered in Dublin, Ireland, but its operations span across Northern Ireland, Great Britain, and beyond.
Contrary to what its name might suggest, Bank of Ireland never served as the country's central bank.
Today, Bank of Ireland offers a comprehensive suite of financial services. For individual customers, it provides retail banking solutions like current and savings accounts, credit cards, personal loans, and mortgages.
Businesses can avail themselves of commercial banking services, which encompass financing, cash management, trade finance, and leasing.
On the wealth management front, the bank offers investment management, private banking, and comprehensive financial planning. Additionally, they have an insurance arm providing coverage for homes, cars, travel, and life.
The bank has over 10,000 employees offering traditional financial services like current accounts, credit cards, loans, mortgages, insurance, and more. The bank of Ireland had over €3.7 billion in revenues in 2021 and over €1 billion in profits.
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.