The Best Way To Buy Bitcoin & Crypto With Intesa Sanpaolo Bank
Mike Harry
Feb 2024
3 min to read
Fact checked
Summary: If you want to buy Bitcoin and crypto, we recommend using eToro as you can’t do it with Intesa Sanpaolo Bank. Depositing USD, EUR, GBP etc to eToro is free of charge via bank transfer and the platform is beginner-friendly. With eToro users can invest in 1,000s of cryptocurrencies like Bitcoin, Ethereum, Solana, Cosmos, Polkadot, Cardano and more. This is the perfect platform for beginners that want to safely invest in cryptocurrencies!
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 Intesa Sanpaolo Bank?
Intesa Sanpaolo Bank does not offer any services through its platform for its customers to buy or sell cryptocurrencies.
Customers of Intesa Bank can however connect their bank account to a cryptocurrency exchange and buy through them.
There are many exchanges to choose from, we recommend using eToro as a great and regulated beginner friendly option.
How to buy crypto with Intesa Sanpaolo
The first step is to signup for a regulated cryptocurrency exchange like eToro that is regulated and safe to use.
Once done, you can then deposit EUR (or other fiat currencies) from your Intesa Sanpaolo account via bank deposit or card transfer.
Bank deposits are free of charge and usually arrive within one business day while credit card are instant but come with a small fee.
Once your funds have arrived you begin investing in digital assets like Bitcoin, Ethereum, Solana, Cosmos, Polkadot and many others!
How to sign up
1. Create Account: Signup and add your identity verification. 2. Deposit Funds: Via your Intesa account or credit card/debit card. 3. Start Buying: Once your deposit has arrived in your account.
Intesa Sanpaolo Bank cryptocurrency
Intesa Sanpaolo has expressed interest in cryptocurrencies as an asset class and is actively exploring ways to use blockchain technology to create more efficient financial services.
The bank has been working with the Italian government to ensure that the legal framework for dealing with cryptocurrencies is in place.
They are also in talks with the European Central Bank to ensure that they are meeting the necessary regulatory requirements. At the time of writing however, the bank does not offer any cryptocurrency services of any kind.
About Intesa Sanpaolo Bank
Intesa Sanpaolo Bank is the leading banking group in Italy and the sixth-largest in Europe. The bank has an extensive retail network, with more than 5,000 branches and 15,000 ATMs in Italy and abroad.
The bank offers a wide range of products and services, including corporate finance, debt capital markets, investment banking, asset management, and private banking services.
It also offers a wide range of retail services, including traditional banking products, online and mobile banking, international banking, credit and debit cards, and investment products.
Intesa Sanpaolo is one of the largest banking groups in Europe, with operations in 17 countries, serving over 11 million customers.
The group's presence in Europe is strong with branches and subsidiaries in Italy, France, Germany, Austria, United Kingdom, Poland, Serbia, Hungary, Luxembourg, Portugal, Romania, and Ukraine.
In terms of revenues, Intesa Sanpaolo reported €22.7 billion in 2020 with a net income of €1.83 billion.
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.