The Safest Way To Buy Crypto & Bitcoin With UOB Bank

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

Summary: We recommend UOB Bank customers interested in buying Bitcoin and other cryptocurrencies to signup to regulated exchanges like eToro and Uphold. These platforms make it super easy for beginners to invest in hundreds of digital assets such as BTC, ETH, SOL, DOGE, ATOM and many more! Signing up for a free account only takes 2 minutes and you can then deposit funds from your UOB account via bank transfer or credit/debit card.

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 UOB Bank?

Although UOB Bank does not offer direct cryptocurrency purchases, account holders can still buy digital assets indirectly through regulated exchanges by depositing funds via their UOB Bank account.

Buy crypto with UOB Bank & Uphold
Buy crypto with UOB Bank & Uphold

How To Buy Crypto With UOB Bank?

The first step towards buying and selling cryptocurrencies is to sign up for a trusted and safe exchange platform such as eToro and Uphold.

We recommend using either of these platforms, especially if you're new to cryptocurrency trading because they provide a user-friendly interface with hundreds of cryptocurrencies to choose from.

After you've signed up for an account, the next step is to connect your UOB Bank account and make your first deposit. Unlike credit/debit card transfers, bank deposits (ACH) are free of charge.

Once your funds have been successfully deposited into your account, you can start buying and selling cryptocurrencies such as Bitcoin, Ethereum, Solana, and many more.

How to sign up

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

Does UOB Bank allow crypto purchases?

UOB Bank offers its customers convenient access to a range of traditional banking services, including savings and checking accounts, loans, and credit cards.

While the bank does not specialize in products and services related to cryptocurrencies, customers of UOB Bank are still able to participate in the cryptocurrency space by signing up for regulated exchanges and depositing funds via their UOB accounts.

This enables UOB Bank customers to diversify their investment portfolios and take advantage of the potential returns offered by the cryptocurrency market.

Buy crypto with UOB Bank Credit Card?

Customers of UOB Bank are permitted to use their debit or credit cards to deposit fiat currencies, such as SGD or USD, to regulated cryptocurrency exchanges in order to purchase or trade cryptocurrencies.

It is highly recommended to utilize regulated cryptocurrency exchanges to avoid any potential complications that may arise when depositing or withdrawing funds.

Is UOB Bank crypto friendly?

UOB Bank does not offer any services related to cryptocurrencies, but it can still be considered a crypto-friendly institution as it allows its customers to link their bank accounts or debit cards to regulated third-party exchanges.

UOB Bank has not been reported to place any restrictions on deposits and withdrawals to and from regulated exchanges.

About UOB Bank

United Overseas Bank, commonly known as UOB, is a leading bank in Asia with a rich history spanning over eight decades. Founded in Singapore in 1935, UOB has now grown to become one of the largest banks in Southeast Asia, with a presence in 19 countries worldwide.

UOB bank website
UOB Bank website

The bank offers a wide range of products and services including personal banking, corporate banking, wealth management, investment services, and treasury services.

It caters to a diverse customer base, from individuals and small businesses to multinational corporations and institutional clients, offering customized solutions to their needs.

With over 500 branches and offices and a network of more than 1,000 ATMs across the region, UOB has a significant presence in Singapore, Malaysia, Indonesia, Thailand, Vietnam, and China.

UOB has also been actively expanding its digital banking services, with a focus on providing a seamless user experience for its customers.

The bank's mobile banking app, UOB Mighty, has received strong accolades for its convenience and ease of use, which has helped to attract a younger generation of customers.

Today, UOB serves over 11 million customers across the world, and its strong commitment to innovation and customer service means the bank is well-positioned to continue being a leading player in the Asia-Pacific banking sector.

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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