Can I Buy Bitcoin with ING Bank?

Yes, you can use ING Bank to buy Bitcoin and crypto, though not directly through the bank itself. ING lets you securely transfer funds to regulated crypto exchanges, making it easy to deposit EUR, USD, AUD or GBP into your exchange account. Once the funds are there, you can purchase Bitcoin, Ethereum, Solana, or any other supported digital asset.

How to Buy Crypto with ING Bank

ING Bank users can easily buy cryptocurrencies through regulated exchanges like Bybit. Bybit supports instant deposits from over 160 countries and accepts multiple currencies, including EUR, USD, and GBP. You can fund your account via IBAN, bank transfer, debit cards, credit cards, Google Pay, and more.

Here’s how to buy crypto using ING Bank on Bybit:

1. Sign Up for Bybit: Head to Bybit, create an account, and complete the verification process.
2. Deposit Funds from ING Bank: In Bybit’s 'Assets' section, select your preferred deposit method for your ING account.
3. Select Your Cryptocurrency: Once your deposit is processed, choose from over 1,400 cryptocurrencies available on Bybit.
4. Complete the Purchase: Enter the amount you want to buy, review the details, and finalize your purchase.

What are the Fees?

Fees for purchasing crypto with an ING Bank account will depend on the exchange you use. Trading fees can vary widely, typically ranging from 0.1% to 2% across different platforms. 

For example, Bybit offers a very competitive 0.1% trading fee, with no added costs for deposits made via IBAN, bank transfer, or other methods supported by ING.

On the other hand, some platforms, like Crypto.com and Coinbase, may charge up to 2%, which can make a noticeable difference over time. Always check each platform’s fee structure before starting a transaction to avoid surprises.

ING Bank Cryptocurrency Policy

ING Bank generally allows cryptocurrency transactions, though this can vary by region. In most countries, customers can transfer funds to regulated exchanges for crypto purchases like BTC and ETH. However, in regions like Australia, users have reported blocked crypto transactions, suggesting local restrictions may apply.

Globally, ING complies with regulations, partnering with exchanges that meet standards like the EU's Markets in Crypto-Assets Regulation (MiCAR). This ensures customers access compliant exchanges that follow anti-money laundering and financial security guidelines. Always check local policies to confirm ING’s crypto stance in your area.

About ING Bank

ING Bank, headquartered in Amsterdam, is a global financial institution offering retail and wholesale banking across 40+ countries. Known for its digital innovation, ING provides products like the Orange Everyday transaction account and the high-interest Savings Maximiser. 

Trusted by over 38 million customers since 1991, ING's secure, user-friendly online and mobile platforms make managing finances simple and accessible.

Bottom Line

ING Bank doesn’t directly sell Bitcoin, but it lets you transfer funds to regulated exchanges in your country of residence to buy crypto. You can easily deposit EUR, AUD USD, or any supported fiat currency to purchase assets like BTC and ETH or stablecoins like USDT. 

Just watch out for varying fees across platforms, Bybit’s low 0.1% fee stands out, but others like Coinbase may cost you more. Always check local policies too, as ING’s crypto rules differ by region.