Easy and Safe Ways To Buy Crypto With OTP Bank

Mike Harry
Feb 2023
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 with peace of mind. They are perfect for beginner to intermediate traders who look for a simple and secure way to buy cryptocurrencies. You can get started right away by signing up (only takes a few minutes) and then making your first deposit either via bank transfer or with your credit/debit card. Buy crypto with confidence through a secure and user-friendly process!

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Crypto assets are high risk and not regulated.
Capital 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.

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

OTP Bank Crypto

Below are a few additional questions related to OTP Bank and cryptocurrencies. 

1. 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. 

2. 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 website
OTP Bank website

OTP Bank is a Hungary-based international banking and financial services company founded in 1949. 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.

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.

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.

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