Can you Buy Crypto with Mashreq Bank?
Yes, Mashreq Bank provides its customers with the opportunity to invest in cryptocurrencies like Bitcoin and Ethereum through supported cryptocurrency exchanges that are regulated and available to investors in the UAE. Investors can link their Mashreq Bank accounts to these platforms to purchase or sell cryptocurrencies
How to buy Crypto with Mashreq Bank
As outlined above, if you want to buy cryptocurrencies like Bitcoin and Ethereum with Mashreq Bank, we recommend using Bybit. Bybit allows Mashreq Bank account holders to deposit funds to their exchange via Bank Transfer, Credit Card or Google Pay.
You can follow the simple guide below to get started.
- Sign Up: Create a free account on Bybit and complete the onboarding processes.
- Deposit Funds: Click 'Buy Crypto', then 'One-Click Buy' and select 'AED' as your currency.
- Find Token: Pick a method and the cryptocurrency you want to invest in.
- Buy Crypto: Input the amount you want to purchase and tap 'Buy'.
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Mashreq Banks Cryptocurrency Policy
Mashreq Bank does not have a specific ban on cryptocurrency purchases and allows its customers to invest in this asset class through supported and regulated cryptocurrency exchanges. Customers can link their bank accounts to these platforms to buy and sell cryptocurrencies.
What is Mashreq Bank?
Mashreq Bank is a leading financial services institution in the Middle East, offering a wide range of products and services to individuals, businesses, and institutions across the region. Founded in 1967, Mashreq has been committed to providing innovative banking solutions that enable people to achieve their financial goals.
Bottom Line
In conclusion, while Mashreq Bank does not support direct investing or trading of digital assets through its online banking platform, customers can invest in cryptocurrencies like Bitcoin and Ethereum through supported and regulated exchanges. Bybit is a secure and reliable cryptocurrency investing platform that allows Mashreq Bank account holders to buy and sell cryptocurrencies easily.