Can I buy Crypto on ING Bank?
No it is not possible to buy Cryptocurrencies directly through the ING online banking portal. As previously stated, the only way to purchase digital assets with the funds in your ING account or card is by transferring them to a secure and regulated Crypto exchange.
OKX is the best option for ING bank customers as it is licensed to operate in over 180 countries including the Netherlands, Germany, Turkey, Spain, Australia and many more. The platform offers a variety of features including over 100+ payment methods, 340+ tokens to buy and sell, Crypto staking, lending and borrowing services, an NFT marketplace and much more.
How to buy Bitcoin with ING Bank
The most secure and affordable way to invest in digital assets with ING is through OKX. To buy Crypto on the exchange you will need to send funds from your ING Bank account. OKX supports 93 fiat currencies including EUR, TRY, AUD and USD, and accepts 100+ payment methods such as Bank Transfer, Credit/Debit Card, SEPA, iDEAL, Wise and many more. Follow the below steps to get started.
- Create a free account on OKX and complete the verification requirements.
- Open the 'Buy Crypto' tab and select a method to deposit funds from ING.
- Select a fiat currency and pick a Cryptocurrency you want to buy.
- Enter the amount you want to invest in the token and execute your trade.
Buying Crypto Fees
While most exchanges charge fees on everything that you do in the platform, including deposits, withdrawals, trading, account management, and other miscellaneous fees, OKX only charges trading fees. All deposits and withdrawals on OKX are completely free. The Spot trading fee is 0.1% and the derivatives (futures) maker/taker rebate is 0.02%/0.05%.
ING Bank Cryptocurrency Policy
ING Bank has been recently accused of not allowing Bitcoin transactions. The parent company of the bank, ING Group, stated that Bitcoin transactions through ING accounts are not allowed due to security issues. However, per the official statement released by ING Bank, the financial institution is not blocking any Bitcoin procurement and the related transactions do not violate existing ING banking policies.
You may still use your ING online account, and even your debit or credit card to deposit funds in your OKX account and buy tokens with zero repercussions. You can find a tweet confirming that Cryptocurrency-related transactions will not be blocked by ING Bank as per their official twitter account here.
What is ING Bank
ING Bank, also known as ING Groep NV, is a global financial institution based in the Netherlands. The Amsterdam-based bank currently serves an estimated 38 million customers, including individuals, corporations, and other financial institutions from more than 40 countries globally. In 2019, ING had total assets of over 1.4 trillion euros and employed more than 52,000 people.
ING Bank has received recognition for its sustainability efforts, including being named one of the most sustainable banks in the world by The Banker magazine in 2019. Additionally, ING was named Best Retail Bank in the World by Global Finance Magazine in 2017 and 2018.
ING Bank is a secure and trusted financial institution with global recognition. You can use the funds in your ING account to buy Cryptocurrencies through OKX, one of the most secure trading platforms in the world. As an ING Bank customer, you will enjoy low trading fees, as well as access to over 300 tokens. Regardless of your investment goals, OKX is sure to have something that fits your needs.