Summary: DBS Bank does not provide a way for it's customers to buy digital assets like Bitcoin. Their users can instead use their DBS account to deposit funds to regulated third-party exchanges. Two regulated exchanges that we recommend for their ease of use and security are eToro and Uphold. Both are regulates across multiple jurisdictions and offer 100s of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and many others!
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 DBS Bank?
Although it's not possible to purchase cryptocurrencies outright through DBS Bank, this doesn't mean that account holders are completely precluded from investing in digital assets. There are alternative methods to purchase cryptocurrencies using your DBS Bank account to participate in this rapidly evolving market.
One such option is to connect your DBS Bank account to a reputable cryptocurrency exchange such as eToro or Uphold. So while DBS Bank does not enable direct cryptocurrency purchases, its account holders can still take advantage of the services of outside exchanges.
How To Buy Crypto With DBS Bank?
The first step in buying and selling cryptocurrencies is to sign up for a safe and regulated exchange platform such as eToro and Uphold. We recommend using eToro and Uphold because they are beginner-friendly and have a wide range of cryptocurrencies available for buying and selling.
Signing up for an account is simple and free of charge.Furthermore, once you've created your account, you can connect your DBS Bank account and make your initial deposit.
Deposits made via bank transfers (ACH) are free of charge, while those made via credit/debit card transfers come with a slightly higher fee. However, the added benefit of using card transfers is that the funds will appear instantly in your account, whereas bank transfers may take a little longer.
After your funds have been successfully transferred into your account, you can start trading cryptocurrencies, like Bitcoin, Ethereum, Solana and many more. Happy trading!
Signup in two minutes
1. Create Account: Signup and add your identity verification 2. Deposit Funds: Via your DBS Bank account or credit/debit card 3. Start Buying: Once your deposit has arrived in your account
Buy crypto with DBS Bank & Uphold
Does DBS Bank allow cryptocurrencies?
DBS Bank does not engage in the offering of products or services related to the cryptocurrency space. Despite this, customers of DBS Bank have the option to sign up with regulated cryptocurrency exchanges and deposit funds to buy and sell cryptocurrencies such as Bitcoin and Ethereum.
Buy crypto with DBS Bank Credit Card?
DBS Bank customers can avail of the facility to use their debit or credit cards for depositing fiat currencies to regulated cryptocurrency exchanges to trade and transact in cryptocurrencies. We strongly suggest opting for regulated exchanges to prevent any complications that may arise when depositing or withdrawing funds.
Is DBS Bank crypto friendly?
Even though DBS Bank does not actively provide any services related to cryptocurrencies, the institution can still be considered a crypto-friendly bank.
This is due to the fact that DBS Bank allows customers to connect their bank accounts or link their debit cards to regulated third-party exchanges for in order to biuy and sell cryptocurrencies. DBS Bank is also not known to impose any limitations on deposits and withdrawals to and from regulated exchanges.
About DBS Bank
DBS Bank is a leading financial institution in Asia, offering a wide range of banking and financial services to customers across multiple countries in the region. The bank has a rich history, dating back to 1968 when it was established as the Development Bank of Singapore.
DBS Bank website
Over the years, the bank has evolved and expanded its operations, becoming a full-service bank with a strong presence in Singapore, Hong Kong, China, India, Indonesia, Taiwan and Malaysia.The bank boasts of serving over 18 million customers worldwide, making it one of the largest banks in Asia.
DBS Bank offers an array of products and services, which include personal banking, commercial banking, wealth management, corporate banking and investment banking.
In recent years, DBS Bank has put more emphasis on digital banking, investing heavily in developing innovative digital banking solutions. The bank was the pioneer of the world's first banking API developer platform at the fintech festival in Singapore.
It has also launched various new initiatives to enhance customer experience, such as "Digibank", an innovative mobile banking app that provides customers with an intelligent financial management tool.
DBS Bank has also won several accolades including "World's Best Digital Bank" in 2016 by Euromoney and "Asia's Safest Bank" by Global Finance magazine.
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.
