Summary: Those with an ME Bank account and a desire to delve into cryptocurrencies such as Bitcoin and Ethereum can sign up to regulated eToro and Uphold. These platforms are well-suited for beginners and offer a safe, user-friendly way to purchase cryptocurrencies. A quick sign-up procedure is followed by the ability to fund your account from your ME Bank account using either a bank deposit or your credit/debit card.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
Even though ME Bank doesn't facilitate the direct purchasing of cryptocurrencies, account holders are still able to buy digital assets indirectly through these regulated exchanges like eToro and Uphold. We recommend using these exchanges as they are both regulated in Australia and many other jurisdictions.
To get started with buying cryptocurrencies, we recommend that you first sign up for a safe and regulated exchange like eToro and Uphold that caters to beginners and offers a variety of cryptocurrencies.
You can then easily connect your ME Bank account to either of these exchanges to deposit AUD or other fiat currencies. Deposits can be made either via bank deposits (ACH) or credit/debit card transfers.
While bank transfers are free of charge, they can take longer to arrive whereas card transfers cost a bit more but immediately reflect in your account.
Once your funds have arrived in your exchange account, you can begin trading in popular cryptocurrencies like BTC, ETH, DOGE, SOL, DOT, ADA, ARB and 100s of other digital assets.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your ME Bank account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
ME Bank is a financial institution that offers its customers traditional banking services such as savings accounts, credit cards and personal loans.
As it does not specialize in providing products and services related to the cryptocurrency space, it allows it's customers to signup to regulated exchanges for the purpose of buying and selling cryptocurencies.
Customers of ME Bank are authorized to make use of their debit or credit cards to deposit fiat currencies to regulated cryptocurrency exchanges, enabling them to purchase and sell cryptocurrencies.
We strongly advise that customers make use of regulated exchanges to avoid any potential problems that may arise when depositing or withdrawing funds.
ME Bank is considered to be crypto-friendly because it allows its customers to deposit funds to regulated third-party exchanges in order to buy and sell cryptocurrencies. Additionally, ME Bank has not been known to restrict deposits and withdrawals to and from regulated crypto exchanges.
ME Bank, also known as Members Equity Bank, is an Australian online bank that was founded in 1994. It started as a subsidiary of Superannuation Trust of Australia, but it became a fully-fledged bank in 2001.
Since then, the bank has been operating as one of the leading online banks in Australia, offering its customers a range of financial products and services. ME Bank has achieved significant growth over the years and currently has over 500,000 customers.
It operates in all states and territories of Australia and has been recognized as Australia's Most Trusted Bank four times in a row, from 2016 to 2019.
ME Bank offers a range of financial products and services to suit its customers' different needs. These include savings and transaction accounts, personal loans, home loans, credit cards, and insurance.
It also has a mobile banking app that allows customers to bank on-the-go and access their accounts from anywhere, at any time.
ME Bank has managed to stand out in the Australian banking industry by operating as a fully online bank and not having any physical branches. This has allowed the bank to offer its customers lower fees and competitive interest rates on its products.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
