Buying Bitcoin, Ethereum & other crypto at BRD – tutorial
Do you want to invest in crypto with your bank account at BRD – Groupe Société Générale? In this tutorial, you will learn directly how to buy Bitcoin & Ethereum with your bank account.
How to buy crypto at BRD – Groupe Société Générale?
Step 1: open an account with a crypto exchange
It is not possible to buy crypto directly with your bank account with BRD. You will therefore need to link your bank account to a reliable crypto exchange. In the overview below, you can immediately see which exchanges you can use:
| Brokers | Information | Register |
|---|---|---|
 | Trade in Bitcoin & other cryptos! Try for free with a demo & deposit money with BRD after. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. |
With some crypto exchanges, you can try the possibilities completely free and without risk with a demo. That way, you will immediately discover whether crypto investments suit you.
Step 2: verify account & deposit money from BRD
Before you can deposit money into your account, you must first verify your account. In most cases, you do this by uploading a copy of your passport and address. Afterwards, it may take a while for the crypto exchange to fully verify your account.
After your account is verified, you can directly deposit funds from your bank account with BRD – Groupe Société Générale. It can then take a few working days for the money to arrive in your crypto account, but it usually doesn’t take that long.
Step 3: buy crypto with BRD
Now select the crypto you want to buy within the trading platform: this could be Bitcoin or Ethereum. Within the order screen, you then enter the amount you would like to invest and, bu using the buy button, send the order directly to the crypto exchange. You can use one of the following orders:
- Limit order: you then open the investment only at a set price.
- Stop loss: with a stop loss order, you automatically take your losses at a certain price.
- Take profit: with a take profit, you automatically take your profits at a certain price.
When you want to sell your crypto again, you can submit a sell order. You can then have the money transferred back directly to your BRD – Groupe Societe Generale bank account.
What is BRD’s stance on crypto?
BRD is not negative towards crypto. As a customer at BRD – Groupe Société Générale, you can therefore buy & sell Bitcoin without any problems. However, keep in mind that banks sometimes block accounts when suspicious transactions are carried out. Therefore, use a reliable crypto exchange!
About BRD – Groupe Société Générale
BRD is a Romanian bank based in Bucharest, Romania. The bank has a rich history, having been founded back in 1929. The bank is the third-largest bank in Romania with more than €10 billion in assets under management.
Can you buy Bitcoin from BRD?
You can buy Bitcoin from BRD without any issues, but not directly from the bank. By following the steps in this tutorial, you can link your bank account directly to a reliable crypto exchange. Always keep the risks in mind: crypto is very volatile, and you can quickly lose your entire deposit.
