Buy Crypto the Right Way with Klarna

Mike Harry
Feb 2023
5 min to read
Fact checked

Summary: Customers of Klarna who want to buy cryptocurrencies like Bitcoin (BTC) have to use third-party exchanges. We recommend signing up and buying crypto from eToro and Uphold as both companies are regulated, safe-to-use and beginner friendly. Signing up only takes a few minutes and you can begin buying and selling digital assets on the same day.  

eToro

+80 Cryptos & Copy Trading

Virtual Demo Portfolio

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+250 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in the US, EU & UK

Visit Uphold
Crypto assets are high risk and not regulated.
Capital at risk.

Can I buy crypto or Bitcoin with Klarna? 

Customers of Klarna can’t buy cryptocurrencies directly through its platform. The company does not have the necessary infrastructure in-house to support the trading of cryptocurrencies like Bitcoin. As such, customers who wish to buy and sell cryptocurrencies have to turn to third-party providers.

How to buy crypto with Klarna?

To buy Bitcoin and other cryptocurrencies, Klarna customers have to signup for third-party exchanges like Uphold and eToro. Both companies are licensed and regulated in the jurisdictions where they operate. They also provide a wide range of cryptocurrencies, offer beginner-friendly platforms, and are easy to get started with and use. 

How to signup in minutes

1. Create an Account: Signup and add your identity verification.‍
2. Deposit Funds:
Via your Klarna account or credit card/debit card. 
3. Start Buying:
Once your deposit has arrived in your account.

Buy Crypto with Klarna and eToro
Buy Crypto with Klarna and eToro

Klarna cryptocurrency

In this section, we'll be exploring some of the most common questions related to Klarna and  cryptocurrencies.

1. Klarna cryptocurrency policy

Klarna does not have an official cryptocurrency policy but this does not restrict its customers from buying and selling crypto via regulated exchanges.

2. Is Klarna crypto-friendly? 

Klarna is a crypto-friendly company that recently announced a partnership on the Swedish market with cryptocurrency broker Safello. Frank Schuil, the CEO of Safello, announced that joining forces with Klarna is like "a match made in heaven" as both companies strive for providing a great user experience without compromising security and compliance.

3. Buy crypto with Klarna card

Buying cryptocurrency with a Klarna card is straightforward. Simply signup and registered to a regulated cryptocurrency exchange and link your Klarna card to your account. Then simply select which  cryptocurrency you wish to purchase and at what amount. 

Buy Crypto with Klarna card
Buy Crypto with Klarna card

What is Klarna?

Klarna Website
Klarna Website

Klarna is a Swedish-based financial technology company that offers online payment solutions for consumers and merchants. Klarna was founded in 2005 by Sebastian Siemiatkowski, Niklas Adalberth, and Victor Jacobsson and has to date raised over $4.5 billion dollars. 

Klarna allows users to buy items online without having to enter their payment details. Instead, customers enter their email & billing address to make the purchase. Klarna then sends customers a bill via email which they can pay online using their preferred payment method.

Overall Klarna offers a wide range of products and services such as: 

1. Buy Now, Pay Later: Klarna’s signature product

2. Slice it: A feature that lets customers pay for items in fixed monthly payments. 

3. Credit: A revolving credit line that can be used for future purchases. 

4. Instant Financing: An option for customers to finance their purchases with low, fixed interest rates. 5. Klarna Card: A card that can be used for purchases and to manage finances. 

6. Shopping App: A mobile app for customers to shop, pay, and manage their finances in one place. 

7. Direct Bank Transfers: Customers can link their bank accounts to Klarna and make payments directly from their accounts. 

8. Klarna Checkout: A checkout solution that simplifies the online checkout process. 

While Klarna does not publicly disclose the exact number of customers, it is estimated that the company has over 150 million customers around the world. Klarna has over 6,000 employees in Stockholm, London and New York with over 450,000 global retail partners. 

eToro

+80 Cryptos & Copy Trading

Virtual Demo Portfolio

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+250 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in the US, EU & UK

Visit Uphold
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.

More Crypto Bank Articles

For More Experienced Traders

Binance

350+ Cryptocurrencies

Low trading fees (0.1%)

Wide Crypto Product Range

125X Derivatives Leverage

Visit Binance
OKX

+350 Cryptocurrencies

Low Trading Fees (0.8%-0.1%)

Spot, Perps, Margin, Options

125 Maximum Leverage

Visit OKX