How to Buy Crypto with Hello Bank

Can I Buy Crypto with Hello Bank?

Yes, Hello Bank enables customers to purchase cryptocurrencies such as Bitcoin, Ethereum, and Solana. The bank collaborates with DASP-licensed cryptocurrency exchanges in France, ensuring compliance with regulations set by the Autorité des Marchés Financiers (AMF). Funding methods include SEPA transfers, IBAN transactions, bank transfers, and debit cards, offering secure and convenient options for transactions.

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How to Buy Crypto with Hello Bank

Hello Bank customers can easily invest in cryptocurrencies through AMF-regulated platforms like eToro. As a DASP-licensed service, eToro accepts Euro deposits from Hello Bank via SEPA transfers, IBAN, bank transfers, and debit cards, offering access to over 4,500 assets, including cryptocurrencies, stocks, and ETFs.

Here's a straightforward guide to buying digital assets with Hello Bank:

1. Sign Up: Create an account on eToro and complete the necessary verification steps.
2. Add Funds: Navigate to the 'Deposit' section in your eToro account.
3. Choose Payment Method: Select 'EUR' and your preferred method to transfer funds from your Hello Bank account.
4. Buy Cryptocurrency: After your deposit is processed, use eToro's search bar to find and purchase Bitcoin or other cryptocurrencies.

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What are the Fees? 

Hello Bank customers interested in investing in cryptocurrencies should be aware of the fees related to deposits, withdrawals, transactions, and spreads (the difference between buying and selling prices).

Using eToro, a recommended and cost-effective platform, Hello Bank users can benefit from low Euro deposit fees through IBAN transfers and other methods. eToro's transaction fees are competitive, with an average spread fee of about 1%, which is significantly lower than many other platforms like Bitpanda, where spread fees can exceed 2%.

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Is Hello Bank Crypto-Friendly?

Yes, Hello Bank is supportive of cryptocurrency investments. Customers can buy and trade digital currencies like Bitcoin and Ethereum through exchanges that are recognized as Digital Asset Service Providers (DASP) by the Autorité des Marchés Financiers (AMF) or other European regulatory authorities.

With the PACTE Act of 2019 providing a detailed regulatory framework for DASPs and initial coin offerings (ICOs) in France, Hello Bank ensures secure crypto transactions. The bank follows these standards, allowing for safe and regulated trading on AMF-approved platforms, adhering to both French and EU regulations for digital assets.

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About Hello Bank

Hello Bank, a digital banking arm of BNP Paribas, is a reliable partner for modern financial needs. Offering products like Hello One and Hello Prime, it ensures seamless account management with user-friendly mobile and web platforms. Hello Bank supports a wide range of services, including savings, investments, and personalized advice, and it does not block customers from investing in crypto assets, making it a versatile and forward-thinking banking solution.

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Bottom Line

In conclusion, Hello Bank provides a seamless and secure platform for customers to invest in cryptocurrencies like Bitcoin, Ethereum, and Solana. By collaborating with DASP-licensed exchanges like eToro and adhering to regulatory standards set by the Autorité des Marchés Financiers (AMF), Hello Bank ensures that investing in digital assets is both compliant and convenient.