Can I Buy Crypto with Caixabank?

Yes, but not directly. Investors must use an ESMA-authorized European exchange allowing SEPA transfers from Caixabank accounts. Several exchanges in Spain accept Caixabank Credit/Debit Cards for deposits. Caixabank doesn't support direct crypto transactions, making a regulated exchange essential for secure trading and guaranteed consumer protection.

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How to Buy Bitcoin and Crypto with Caixabank

As mentioned earlier, the safest and easiest way to purchase cryptocurrencies with a Caixabank account is through a regulated external broker. This enables investors to securely deposit EUR from their Caixabank account using SEPA Bank Transfer, Caixabank Credit or Debit Card, and other methods. For a quick start, we suggest eToro for its Caixabank compatibility, regulatory compliance, and competitive fees.

Here's a brief guide to buying crypto with a Caixabank account on eToro:

  1. Visit eToro's website, sign up and verify your identity.
  2. Click the 'Deposit Funds' button on the bottom left of your screen.
  3. Specify the EUR amount you want to deposit and your preferred deposit method (e.g., Caixabank SEPA Transfer or Debit/Credit Card).
  4. Finalize the EUR deposit and use the credited funds to invest in cryptocurrencies.
Buy Crypto Caixabank
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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What are the Fees?

Fees related to cryptocurrency investments differ based on the selected digital asset exchange. Fortunately, eToro is a budget-friendly choice for investors, as it has no deposit or trading fees for buying or selling over 70 crypto assets. eToro only applies a 1% spread fee on its prices, a competitively low rate compared to other exchanges.

In contrast to well-known platforms like Kraken or Coinbase, we found that they impose higher fees, including a 1% spread fee plus an extra 1% trading fee, resulting in a 2% transaction cost per trade.

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Is Caixabank Crypto-Friendly?

Caixabank is a crypto-supportive bank that endorses its clients' interest in cryptocurrency investments. They allow customers to deposit and withdraw funds from ESMA-authorized and regulated cryptocurrency exchanges operating within Europe.

While Caixabank doesn't offer direct crypto services, they recognize the importance of providing customers access to regulated and licensed exchanges. By doing so, they ensure that their clients have a safe and secure way to invest in cryptocurrencies while complying with regulatory requirements.

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Bottom Line

In conclusion, while Caixabank doesn't directly support crypto investments, it facilitates access to secure and regulated cryptocurrency exchanges like eToro. With eToro's compatibility, competitive fees, and Caixabank's crypto-friendly approach, investors can confidently trade cryptocurrencies using their Caixabank accounts or cards. 

To make the most of this opportunity, follow our guide to start investing in digital assets through a trusted and ESMA-authorized platform, ensuring a safe and compliant crypto trading experience.