How To Buy Crypto Safely with SNS Bank

buy crypto sns bank
Mike Harry
Feb 2024
4 min read
Fact checked

Summary: We recommend SNS Bank holders interested in buying digital currencies such as Bitcoin and Ethereum to register with EU-regulated platforms like eToro and Uphold. These platforms are perfect for beginners and offer 100s of digital assets that can easily be bought and sold. The signup process is quick, and once completed, you can safely deposit from your SNS Bank to begin investing in assets like BTC, ETH, SOL, ATOM, ADA, DOGE, and others.

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+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

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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 SNS Bank?

Although SNS Bank does not offer the option to purchase cryptocurrencies directly, account holders can still invest in digital assets via regulated companies.

By signing up and linking their SNS Bank account or credit/debit card to a regulated cryptocurrency exchange such as eToro or Uphold, SNS Bank customers can gain access to the world of cryptocurrency.

Buy crypto with SNS Bank & Uphold
Buy crypto with SNS Bank & Uphold

How To Buy Crypto With SNS Bank?

To begin investing in cryptocurrencies, the first step is to sign up with a regulated exchange that is beginner friendly and easy to use, such as eToro or Uphold.

We highly recommend these exchanges for beginners as they offer a wide range of cryptocurrencies to buy and sell, while the signup process only takes a few minutes and is free of charge.

After signing up, you can connect your SNS Bank account and make your first deposit. If you choose to make a bank deposit (ACH), it is free of charge.

Once your funds have been transferred to the exchange, you can begin buying and selling different cryptocurrencies, such as Bitcoin, Ethereum, Solana, and many others!

How to sign up

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

Does SNS Bank allow crypto purchases?

SNS Bank offers its customers effortless and convenient access to conventional banking services, such as checking and savings accounts, loans, and credit cards.

However, SNS Bank does not engage in the selling of products and services related to cryptocurrencies.

Nevertheless, customers who bank with SNS Bank have the option to sign up for regulated cryptocurrency exchanges, enabling them to deposit and buy cryptocurrencies such as Bitcoin and Ethereum.

Buy crypto with SNS Bank Credit Card?

Customers of SNS Bank can easily deposit fiat currencies to regulated cryptocurrency exchanges by using their debit or credit cards.

It is always advisable to use regulated exchanges as it ensures that the customers funds are safe and avoids any potential issues during the deposit or withdrawal process.

Is SNS Bank crypto friendly?

Although the SNS Bank does not have any cryptocurrency services available, it is still considered to be a bank that is friendly towards cryptocurrencies.

The banks customers are allowed to link their bank accounts or debit cards to fully regulated third-party exchanges where they can buy and sell different types of cryptocurrencies.

Moreover, the SNS Bank has never limited any deposits or withdrawals to and from these regulated exchanges.

About SNS Bank

SNS Bank is a Dutch retail bank with over 200 years of experience in the banking industry. It was founded in the year 1817 as a savings bank and has grown to become a trusted and renowned financial institution in the Netherlands.

SNS Bank website
SNS Bank website

With a focus on personal and sustainable banking, SNS Bank serves over 2.5 million customers across the country.

Besides, it offers a wide range of financial products and services, from investments, insurances to mortgages, and other lending products.

In 1997, SNS Bank became a subsidiary of SNS Reaal, a financial group that serves both retail and corporate clients.

In 2013, the Dutch government nationalized SNS Bank after SNS Reaal encountered financial difficulties, which led to a bailout of the bank.

As of today, SNS Bank offers its financial services to customers through several branches located in the Netherlands.

The bank uses a customer-centric approach towards the delivery of its various products and services, ensuring it meets the financial 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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