Can I Buy Bitcoin with N26 Bank?

Yes, N26 Bank offers in-app crypto trading for nearly 200 coins, including Bitcoin, Ethereum and Solana. This all-in-one platform aims to make crypto trading accessible, combining online banking and crypto management in a single interface.

However, trading fees stand at 1.5% for Bitcoin and 2.5% for other coins, making it pricier than most European crypto exchanges. This is something prospective investors should weigh carefully, as these fees can significantly impact returns, especially for frequent trades.

Best Alternative Crypto Platform to N26

Investors seeking a better crypto platform than N26 should consider Kraken. With over 280 cryptocurrencies and staking options, Kraken far exceeds N26’s limited offerings. Trusted by 10 million users and fully regulated across Europe, Kraken provides a secure environment with lower fees. Funding in Euros is easy with IBAN, bank transfers, and card options.

Here’s how to get started:

1. Create an Account: Register on Kraken and complete the required identity verification.
2. Deposit Euros: Visit the ‘Funding’ section to deposit Euros via IBAN, bank transfer, or card.
3. Select Your Cryptocurrency: Browse Kraken’s extensive asset list and choose the crypto you wish to buy.
4. Complete Your Trade: Enter the trade amount, review the transaction, and confirm your purchase.

N26 Crypto Trading Fees

N26 Bank applies a 1.5% trading fee on Bitcoin and 2.5% on other cryptocurrencies, with a discounted rate of 1% for Bitcoin and 2% for other coins available to N26 Metal account holders. These rates apply to trades under €5,000; above this threshold, standard fees return.

Kraken, on the other hand, offers significantly lower trading fees, starting at 0.16% for spot trades and up to 0.05% for futures. With instant Euro deposits via IBAN, bank transfers, and cards at no extra cost, Kraken provides a more cost-effective alternative to N26 Bank.

N26 Bank Cryptocurrency Policy

N26 Bank permits customers to transfer funds to regulated exchanges, offering flexibility beyond its in-app crypto trading. Users can send Euros to platforms licensed by the AMF in France, OAM in Italy, BaFin in Germany, and other equivalent regulators, ensuring compliance with European standards.

N26’s policy supports secure crypto engagement while adhering to Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements across the European Union.

About N26

N26 is a digital-first bank that strips away the complications of traditional banking. Accessible through a mobile app, N26 offers flexible accounts, from the free Standard option to the premium Metal plan, each tailored to simplify banking and eliminate hidden fees. 

Users can manage global payments, track spending, and even invest in stocks, ETFs, or crypto, all in one place. With deposits protected up to €100,000 under German law, N26 combines modern convenience with best-in-class financial security.

Bottom Line

N26 Bank provides a convenient entry point for crypto buyers, but its 1.5% Bitcoin and 2.5% altcoin fees can eat into returns, especially for active traders. For better value, Kraken’s lower fees, starting at 0.16%, plus its lineup of 280+ cryptocurrencies, make it a strong contender. 

Ultimately, choose the platform that best aligns with your trading frequency and financial goals.