Buy Crypto & Bitcoin Safely with Luminor Bank

buy crypto luminor bank
Mike Harry
Feb 2024
5 min read
Fact checked

Summary: Luminor Bank clients that want to buy and sell cryptocurrencies such as Bitcoin and Ethereum can sign up quickly and safely with eToro and Uphold. These platforms are regulated in Europe and are perfect for beginners that want a simple and safe way to invest in 100s of cryptocurrencies. The signup process only takes 2 minutes to complete and you can then deposit funds from your Luminor account via bank transfer or by credit/debit card.

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
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 Luminor Bank?

As Luminor Bank does not sell any cryptocurrencies on it's banking platform, customers of the bank have to signup to exchanges that are regulated in Europe such as eToro and Uphold in order to buy cryptocurrencies.

Buy crypto with Luminor Bank & Uphold
Buy crypto with Luminor Bank & Uphold

How To Buy Crypto With Luminor Bank?

To begin investing in cryptocurrencies, the first step is to sign up for a secure and regulated exchange such as eToro or Uphold.

We recommend using eToro or Uphold as these exchanges are beginner-friendly and provide access to hundreds of cryptocurrencies.

Signing up is a quick and simple process, and is free of charge. Next, it is important to connect your Luminor Bank account and make your first deposit.

This can be done through bank deposits (ACH) at no cost or through credit/debit card transfers which may have a slight deposit fee.

Once your funds have been successfully deposited into your eToro or Uphold account, you can begin buying and selling a variety of cryptocurrencies, including Bitcoin, Ethereum, Solana, Polygon, Cardano, Cosmos, Arbitrum and many others.

How to sign up

1. ‍Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Luminor account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Buy Bitcoin with Luminor Bank & eToro
Buy Bitcoin with Luminor Bank & eToro

Does Luminor Bank allow crypto purchases?

Luminor Bank does not involve itself in providing products and services related to the cryptocurrency space.

As such, customers of Luminor Bank have to signup for regulated exchanges and depositing funds in order to purchase and sell cryptocurrencies like Bitcoin and Ethereum.

Buy crypto with Luminor Bank Credit Card?

Customers of Luminor Bank are permitted to use their debit or credit cards to deposit fiat currencies into regulated exchanges to buy and sell cryptocurrencies.

We always recommend to use regulated exchanges to prevent any possible complications while depositing or withdrawing funds.

Is Luminor Bank crypto friendly?

Although Luminor Bank does not have any services dedicated specifically to cryptocurrencies, it is still classified as a crypto-friendly bank due to its accommodating policies towards customers engaging in crypto transactions.

There have been no reported instances of Luminor Bank limiting the deposits or withdrawals of funds to and from these exchanges.

About Luminor Bank

Luminor Bank is a leading financial institution that operates in several countries in the Baltic region, including Estonia, Latvia, and Lithuania.

Luminor Bank website
Luminor Bank website

The bank was established in 2017 as a joint venture between Nordea Bank and DNB Bank, two prominent banks that operated in the Baltics for several years.

Today, Luminor Bank serves more than one million customers across the Baltic region, providing them with a wide range of financial products and services.

Luminor Bank has a rich history that dates back to the 19th century, when Nordea and DNB Bank were founded.

Both banks played a significant role in shaping the banking industry in the Baltics, and their merger was a significant milestone in the region's financial sector.

At present, Luminor Bank operates more than 100 branches across Estonia, Latvia, and Lithuania, serving customers from a diverse range of industries, including retail, energy, and real estate.

The bank's products and services include personal banking, corporate banking, and wealth management, as well as other specialized services such as leasing and factoring.

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
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.

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