How To Buy Crypto & Bitcoin Safely with Nubank

buy crypto nubank
Mike Harry
Feb 2024
5 min read
Fact checked

Summary: For customer of Nubank that want to invest in cryptocurrencies, we recommend regulated exchanges like eToro and Uphold. These are beginner friendly platforms that make it easy for anyone to buy and sell 100s of digital assets. The signup process takes just a couple of minutes and you can then deposit money from your Nubank account. Once your funds have arrived you can begin investing in cryptocurrencies like Bitcoin, Ethereum, Solana and many others.

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 Nubank?

Even though Nubank does not offer the option for it's customer to buy cryptocurrencies directly from them, there are regulated third-party exchanges that can be used instead.

We recommend two in particular in eToro and Uphold as they are regulated, safe to use and super easy to get started with.

Buy crypto with Nubank & Uphold
Buy crypto with Nubank & Uphold

How To Buy Crypto With Nubank?

The first step towards buying and selling cryptocurrencies is to sign up for a secure and regulated exchange that caters to beginners, like eToro and Uphold.

These platforms are recommended because they offer a wide range of cryptocurrency options and are user-friendly.

As you are using Nubank as your bank, you can connect your Nubank account to make the first deposit on the exchange of your choosing.

You have the option of making a bank deposit (ACH), which is free of charge, or a credit/debit card transfer, which comes with a small fee.  

Once your funds have arrived, you can start buying and selling a wide range of cryptocurrencies like Bitcoin, Ethereum, Solana and many others.

How to sign up

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

Does Nubank allow crypto purchases?

Nubank is a bank that offers its customers access to traditional banking services but no products related to cryptocurrencies.

As such, customer of Nubank that want to invest in cryptocurrencies have the option to sign up for regulated exchanges and deposit funds in order to buy or sell digital currencies like Bitcoin and Ethereum.

Buy crypto with Nubank Credit Card?

Nubank customers are allowed to use their debit or credit cards to deposit fiat currencies to regulated cryptocurrency exchanges for the purpose of buying and selling cryptocurrencies.

To ensure a seamless experience, it is advisable to use regulated exchanges to avoid any potential issues when depositing or withdrawing funds.

Is Nubank crypto friendly?

Even though Nubank does not offer any direct crypto services, its customers are provided with the option to link their bank accounts or debit cards to regulated third-party exchanges

. Moreover, Nubank does not impose any restrictions on deposits and withdrawals from regulated exchanges.

About Nubank

Nubank is a Brazilian financial technology company that was launched in 2013 with a mission to revolutionize the traditional banking system.

Nubank website
Nubank website

The company was founded by David Vélez and a group of software developers and engineers who shared the same vision of transforming the banking industry to make it more transparent, accessible, and customer-centric.

Over the years, the company has grown tremendously and has become one of the leading fintechs in Latin America.

Currently, Nubank boasts of over 40 million customers, making it the largest digital bank in the world outside of Asia.

It has a presence in Brazil, Mexico, and Colombia, and has recently expanded to Argentina.

Nubank has disrupted the traditional banking model by offering a wide range of services that are free of charge or come with low fees.

These services include digital accounts, credit cards, loans, investment options, and insurance.

The company uses advanced data analytics and machine learning algorithms to provide personalized financial solutions that meet the unique needs of its customers.

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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