Summary: Volksbank enables secure and compliant cryptocurrency transactions for its customers by allowing direct bank transfers to regulated exchanges like Bitpanda.

Adhering to BaFin regulations, Bitpanda provides a user-friendly platform with access to over 3,000 assets, including Bitcoin, Ethereum and Solana, making it a reliable and comprehensive option for digital currency investments.

Top Crypto Platform for Volksbank
4.9 out of 5.0 by Datawallet

Bitpanda is the optimal platform for Volksbank users due to its fast and free Euro transfers, selection of over 3,000 assets, low fees, crypto staking features, and strict compliance with German regulations.


BaFin, ESMA, CySEC and more

Available Assets

3,000+ Crypto, Stocks, ETFs and more

Deposit Methods

Sofort, SEPA bank transfer, credit card, debit card and more

Can I Buy Bitcoin with Volksbank?

Yes, Volksbank allows its clients to invest in popular cryptocurrencies such as Bitcoin, Tether, and Ethereum. This is facilitated by enabling transfers to trusted German crypto exchanges. For the security of your assets, it is advisable to use a platform that adheres to the Federal Financial Supervisory Authority (BaFin) regulations. After depositing your EUR, you can proceed to buy, sell, and trade cryptocurrencies on these compliant platforms.

How to Buy Crypto with Volksbank

Volksbank account holders can invest in cryptocurrencies through Bitpanda, a platform regulated by BaFin in Germany. Bitpanda facilitates Euro deposits via bank transfers, SEPA, and credit cards, offering access to over 3,000 assets, including cryptocurrencies, stocks, and ETFs.

Here’s how to start investing in crypto with Bitpanda:

  1. Account Setup: Visit Bitpanda's website and create an account. Complete the verification process to secure your account.
  2. Deposit Funds: Access the 'Deposit' section on your dashboard to manage your investment funds.
  3. Choose Currency and Payment Method: Select 'EUR' as your currency and choose a payment method compatible with your Volksbank account.
  4. Begin Investing: Once your funds are deposited, use the search feature to find and invest in your chosen cryptocurrencies.

What are the Fees?

Volksbank clients investing in Bitcoin and other cryptocurrencies should consider costs such as deposit and withdrawal fees, trading commissions, and spreads. Selecting an affordable trading platform is crucial.

Bitpanda is a cost-effective option, offering competitive fees and efficient Euro deposits compatible with SEPA and German banking standards. Bitpanda charges a 1% spread fee, lower than competitors like Coinbase, which charges 2%. Additionally, Bitpanda does not impose upfront fees, making it a budget-friendly choice for crypto trading.

Is Volksbank Crypto-Friendly?

Volksbank enables clients to invest in cryptocurrencies securely and within regulatory guidelines. It facilitates fund transfers via IBAN, debit cards, and other methods to reputable cryptocurrency exchanges compliant with BaFin regulations. BaFin, the Federal Financial Supervisory Authority, regulates financial institutions in Germany to ensure market integrity and consumer protection.

Volksbank’s adherence to BaFin standards ensures a reliable and compliant way for clients to invest in cryptocurrencies. These exchanges must also follow strict Anti-Money Laundering (AML) and Know Your Customer (KYC) laws, ensuring all transactions are transparent and secure. This approach allows Volksbank customers to diversify their portfolios with digital assets confidently.

About Volksbank

Volksbank, a leading bank in Germany and Austria, serves over 18 million customers with a range of financial products, including the VR Girokonto and VR BankingApp. Known for its strong customer service and secure banking solutions, Volksbank also facilitates cryptocurrency transactions, adhering to BaFin regulations. This allows clients to explore digital asset investments while enjoying reliable and compliant banking services.


Bottom Line

In conclusion, Volksbank provides a secure and regulated way for its clients to invest in cryptocurrencies like Bitcoin, Tether, and Ethereum. By enabling transfers to trusted exchanges that comply with BaFin regulations like Bitpanda, Volksbank ensures that customers can diversify their investment portfolios with confidence.