Banco del Pacifico: buy crypto in 3 simple steps!
Do you want to buy Bitcoin with your bank account at Banco del Pacifico? Follow the 3 steps in this article & buy crypto with Banco del Pacifico.
How to buy crypto at Banco del Pacifico?
Before you can buy crypto with your bank account at Banco del Pacifico, you first need an account at a crypto exchange. This is because you cannot buy crypto at the bank yourself. The overview below immediately shows which crypto exchanges you can go to for trading crypto:
|Trade in Bitcoin & other cryptos! Try for free with a demo & deposit money with Banco del Pacifico after. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.|
After you open an account at Banco del Pacifico, you can directly deposit money into your crypto account. However, it is important that your bank account and crypto account are in the same name.
Within the crypto platform, you can then directly submit an order. Enter the amount you want to invest with and press the buy button to send the order to the crypto exchange. It often takes a few seconds for the order to be fully filled. You can then sell your crypto at any time and send the money back to your account at Banco del Pacifico.
What is Banco del Pacifico’s stance on crypto?
Banco del Pacifico does not have a stated crypto policy. In the past, however, the bank has been involved in several crypto experiments. Customers of the bank can buy & sell crypto from a reliable crypto exchange without any problem. I haven’t heard any stories of people having their bank accounts blocked after buying crypto from the bank.
About Banco del Pacifico
Banco del Pacifico is Ecuador’s second-largest bank and has an AAA rating issued by CRH Humphreys SA. The bank was founded in 1972, and it was the first bank in South America to introduce ATMs. After the 1999 economic crisis, the bank fell into full state ownership. Since then, the bank has been working on various development plans that could help the poorer population.
Can you buy Bitcoin at Banco del Pacifico?
You cannot invest directly in Bitcoin & other crypto at Banco del Pacifico. However, by following the steps in this article, you can buy crypto with your bank account without any issues. Do read the white papers carefully: that way, you will understand what you are investing in.
Over Alex Mostert
Already in 2015 I bought my first Bitcoins for roughly $300, only to sell them shortly after for $900. At the time I thought I benefited from the deal of the century, but I, of course, had no idea Bitcoin would become as popular as it is today. On this website, I want to teach everybody how to buy Bitcoin through their bank.