Even though Capitec Bank's platform doesn't facilitate direct cryptocurrency purchases, account holders can still buy digital assets indirectly by signing up to regulated platforms like eToro and Uphold.
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Summary: Capitec Bank customers interested in purchasing cryptocurrencies such as Bitcoin and Ethereum can quickly and safely get started by signing up to regulated platforms like eToro and Uphold. The signup process only takes 2 minutes and is free of charge. You can then safely deposit funds from your Capitec account or credit/debit card to begin investing in digital assets like BTC, ETH, SOL, ATOM, ADA, DOGE and many others.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
Even though Capitec Bank's platform doesn't facilitate direct cryptocurrency purchases, account holders can still buy digital assets indirectly by signing up to regulated platforms like eToro and Uphold.
The first recommended step is to sign up for a secure and regulated cryptocurrency exchange such as eToro or Uphold.
We recommend using both these platforms for beginners as they offer a beginner-friendly interface and offer a diverse range of 100s of cryptocurrencies.
Signing up for eToro or Uphold is a quick and free process. Once you have successfully signed up, you can connect your Capitec Bank account to the platform and make your initial deposit.
Bank deposits (ACH) are free of charge while credit/debit card transfers come with a small fee.
Once your funds have arrived you can then proceed to buy and sell your preferred cryptocurrencies, including popular options such as Bitcoin, Ethereum, Solana, Cosmos, Arbitrum, SUI, APTOS and many others.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Capitec account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Capitec Bank offers its customers easy and convenient access to traditional banking services such as account management, loans, and savings options.
However, the bank does not offer any products or services related to the cryptocurrency space.
Despite this, customers of Capitec Bank are permitted to register with regulated cryptocurrency exchanges and complete deposits to buy digital assets.
If you are a customer of Capitec Bank, you have the option of being able to use your debit or credit cards for depositing fiat currencies to regulated exchanges.
This allows you to easily buy and sell cryptocurrencies without any hassle. We advise our readers to use only regulated exchanges in order to mitigate any potential issues that may arise when depositing or withdrawing funds.
Although Capitec Bank does not provide cryptocurrency-related services, it is still considered to be a crypto-friendly bank. Capitec Bank has a reputation for not placing restrictions on deposits and withdrawals to and from registered exchanges.
Capitec Bank is a South African retail bank established in 2001, providing financial services to over 15 million customers. Since its inception, the bank has become one of the largest organisations by market capitalisation and the biggest bank by customer numbers in South Africa.
Its headquarters are situated in Stellenbosch, Western Cape and has over 100 branches across the country, and is supported by a digital and mobile platform.
In addition to its banking operations, the company offers a range of financial products and services, including personal and business loans, savings and transactional accounts and credit cards.
The bank's innovation and adaptation to the industry's changing landscape has led to one of the fastest-growing customer bases in South Africa, with approximately 100,000 new accounts being opened each month.
Capitec's rapid growth has enabled the bank to expand beyond its borders by rolling-out various operations in Namibia, Zambia, and Botswana and engaging in investment opportunities in regions like Asia, Europe, and the United States of America.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
