How To Buy Crypto And Bitcoin With Wise (Transferwise)

Mike Harry
May 2023
4 min to read
Fact checked

Summary: Customers of Wise (formerly Transferwise) don’t have the option of buying cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) directly via Wise. They can however connect their Wise accounts to a cryptocurrency exchange and buy through them. There are many exchanges to choose from, we recommend using eToro and Uphold as they are both regulated, secure and offer a wide range of cryptocurrencies.

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

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Regulated in EU, US, UK, CA, AU

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

Can I buy crypto or Bitcoin with Wise? 

Wise Bank does not offer trading services for any cryptocurrencies at this point. Customers with Wise Accounts have to use third-party platforms like eToro and Uphold

How to buy crypto with Wise? 

The first step is to signup to a cryptocurrency exchange and fund it with USD, EUR, GBP etc via ACH or card transfer. Bank deposits are in most cases free of charge and the funds usually arrive in one business day. After your deposit has arrived, you can buy Bitcoin, Ethereum, or any other cryptocurrency.

Signup in minutes

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

Buy Crypto with Wise and eToro
Buy Crypto with Wise and eToro

Wise Bank cryptocurrency

Wise does not offer any cryptocurrency services as of right now and nothing on their website indicates that it's coming anytime soon.

About Wise

Wise Website
Wise Website

Wise (formerly Transferwise) was founded in 2011 by two Estonian entrepreneurs and is headquartered in London, UK. Wise changed its name to emphasize the company’s focus on providing users with financial services beyond money transfers. 

Today Wise Bank offers an array of digital banking services such as international money transfers, currency exchange, business accounts, debit cards and mobile banking. The company’s international money transfer services are quite popular as they offer quick and low-cost transfers to over 50 countries.

Wise App
Wise App

Over 400,000 businesses use Wise business accounts to access services like online banking, multi-currency accounts, and merchant services. Wise also offers a range of debit cards, allowing users to make payments quickly and securely. Since launching, Wise has raised over $1 billion and now serves over 12 million customers in more than 170 countries.

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

+300 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in EU, US, UK, CA, AU

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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