Easy Way To Buy Crypto With OTP Bank

buy crypto otp bank
Mike Harry
Feb 2024
3 min to read
Fact checked

Summary: The best way for customers of OTP Bank to buy cryptocurrencies like Bitcoin is to signup to exchanges like eToro and Uphold. These exchanges are regulated in Europe which means that you can buy crypto safely. They are perfect for beginners who look for a simple and secure way to buy cryptocurrencies. Get started right away by signing up and make your first deposit via bank or card transfer!

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 OTP Bank?

It is not possible to buy cryptocurrencies like Bitcoin and Ethereum through OTP Bank. While the bank does not offer any services related to cryptocurrencies, it is possible to buy crypto by depositing funds from OTP Bank to a regulated exchange.

Buy Bitcoin with OTP Bank & Uphold
Buy Bitcoin with OTP Bank & Uphold

How to buy crypto with OTP Bank?

The best way to buy crypto with OTP Bank is to signup and use safe and regulated exchanges like Uphold and eToro. These are beginner-friendly exchanges that are easy to get started with and safe to use. 

The signup process only takes a few minutes to complete and you can then deposit funds by doing a bank or card transfer from your OTP account. The funds normally arrive within the same day and you can then begin buying cryptocurrencies. 


How to sign up

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

Is OTP Bank crypto-friendly?

OTP Bank like most European banks doesn't interfere with customers who want to deposit money to regulated cryptocurrency exchanges. Having said that, it’s always best to use regulated exchanges like Uphold and eToro to avoid any deposit/withdrawal hiccups. 

Does OTP Bank offer crypto?

OTP Bank does not offer any services related to cryptocurrencies. Customers of OTP can however use their accounts to transfer funds to regulated cryptocurrency exchanges. 

About OTP Bank

OTP Bank is one of the largest independent financial service providers in the Central and Eastern European (CEE) region.

Headquartered in Budapest, Hungary, it operates a wide range of financial services, including commercial banking, retail banking, private banking, asset management, and insurance services.

It is one of the largest commercial banks in Central and Eastern Europe with operations in countries like Slovakia, Czech Republic, Croatia, Romania, Ukraine, Serbia, Montenegro, Bulgaria, and Russia.

OTP Bank website
OTP Bank website

The bank offers a wide range of banking services including retail banking, corporate banking, investment banking, and insurance services. The banks over 16 million customers have over 1,500 banking offices at their disposal.

In its home market of Hungary, OTP Bank is the largest bank, commanding a significant share in various segments, including deposits, loans, and bank cards.

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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