Can You Buy Crypto with Nordea?

Yes, it is possible to buy cryptocurrency with Nordea by sending funds from your Nordea account to a licensed and regulated third-party cryptocurrency exchange. However, it's important to note that Nordea may not offer cryptocurrency trading services directly, and it's necessary to use a trusted and licensed exchange that is compliant with local regulations.

How to Buy Bitcoin and Crypto with Nordea

As outlined above, the best way to buy cryptocurrencies with a Nordea account is through a regulated exchange. Based on our review of the top brokers throughout Europe, we recommend Uphold as the best platform for Nordea account holders. They offer fast and cheap deposits in a variety of currencies via bank transfer, debit card, credit card, Apple Pay, Google Pay and other methods.

You can follow this simple 4 step guide to get started:

  1. Open an account with Uphold and complete the identity verification process.
  2. Go to ‘Deposit Funds’ and select 'My banks' to connect your Nordea Bank account.
  3. Find whatever asset you want to buy from the search bar and tap ‘Trade’.
  4. Enter the amount you want to purchase and select ‘Open Trade’.
Buy Crypto Nordea

What are the Fees to Invest in Crypto?

The fees to invest in crypto assets from your Nordea account will vary depending on the platform you use. Fortunately for investors, Uphold offers free SEPA transfers from Nordea accounts and zero fees to trade over 250 crypto assets on the platform. That said, there is a small spread of 0.5% charged when you execute a trade, which is significantly cheaper than alternatives like eToro whose spreads are in excess of 1%.

Nordea Bank Cryptocurrency Policy

Nordea Bank has demonstrated its crypto-friendly policy by permitting its clients to transfer funds to regulated cryptocurrency exchanges in Europe. As a result, investors are relieved from concerns of freezing their funds or bank transfers when depositing a range of currencies, including EUR, SEK, NOK, and more, from their Nordea Bank account.

Bottom Line

While Nordea Bank does not offer cryptocurrency trading services directly, it is possible to buy cryptocurrencies through a licensed and regulated third-party exchange such as Uphold. The recommended platform offers instant and free deposits in multiple currencies with zero fees for trading over 250 cryptocurrencies. It's essential to be aware of any fees or restrictions that may apply and to comply with local laws and regulations. With this simple 4-step guide, Nordea account holders can get started with buying Bitcoin and other cryptocurrencies.