While Standard Bank does not support direct purchases of cryptocurrencies, customers can still acquire these digital assets indirectly through third-party providers.
EN
We recommend Standard Bank clients that are interested in buying cryptocurrencies like Bitcoin and Ethereum to register with regulated platforms like eToro and Uphold. These platforms are great for beginners with a wide selection of 100s of digital assets that can easily be bought. The signup process only takes 2 minutes and is free of charge. You can then safely deposit money from Standard Bank and begin buying cryptocurrencies like BTC, ETH, SOL, ATOM, ADA, DOGE, among others.
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While Standard Bank does not support direct purchases of cryptocurrencies, customers can still acquire these digital assets indirectly through third-party providers.
The first step towards buying and selling cryptocurrencies using eToro and Uphold is to sign up for their safe and regulated exchange platforms.
These platforms are recommended for beginners like you, especially if you have a Standard Bank account, as they offer an easy-to-use interface with hundreds of cryptocurrencies available to trade.
Signing up for eToro and Uphold is quick and free taking just a few minutes to complete.
Once you are registered on either platform, you can easily connect your Standard Bank account to make your first deposit.
It is worth noting that ACH bank deposits are free while credit/debit card transfers incur a small fee.
After your funds have been credited to your account, you can start buying and selling cryptocurrencies such as Bitcoin, Ethereum, Solana, and many others.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Standard Bank account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Standard Bank offers its customers convenient access to conventional banking services but does not offer any products related to the cryptocurrency industry.
However, customers who bank with Standard Bank can still sign up for regulated cryptocurrency exchanges and deposit funds to purchase and sell digital assets such as Bitcoin, Ethereum, and others.
Customers of Standard Bank are permitted to use their debit or credit cards to deposit fiat currencies to regulated cryptocurrency exchanges for the purpose of purchasing and selling cryptocurrencies.
It is highly recommended to always use regulated exchanges in order to prevent any possible complications when depositing or withdrawing funds.
Standard Bank has no history of restricting deposits or withdrawals to and from regulated exchanges.
So while Standard Bank does not provide cryptocurrency services itself, it does not discourage or limit its customers who wish to use third-party providers for buying or selling cryptocurrencies.
Standard Bank is a leading financial services institution based in South Africa that has been in operation for over 157 years. The bank started as a subsidiary of the British bank Standard Bank London and was established to serve the gold mining industry in Johannesburg.
Over the years, Standard Bank has grown to become the largest bank in Africa by total assets and market capitalization.
The bank has numerous customers in its home country, South Africa, and has also expanded to other African countries such as Kenya, Zimbabwe, and Nigeria.
It also has a presence in several global financial centers like London, New York, and Beijing, which enables it to serve multinational corporations and investors.
Standard Bank offers a broad range of financial products and services to its customers, including personal and business banking, wealth management, insurance, and investment services.
The bank has leveraged technology to provide convenient, secure, and reliable banking services to its customers.
Through its online banking platform, customers can manage their accounts, pay bills, transfer funds, and even apply for loans from the comfort of their homes or offices.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
