How to buy crypto at Halysk Bank? Tutorial
In this article, I will explain to you how to buy Bitcoin & other crypto by using your bank account with Halysk Bank. Follow the 3 steps, and you’ll be buying Bitcoin in no time.
How to buy crypto with Halysk Bank?
Step 1: sign up with a crypto exchange
It is not possible to buy Bitcoin & Ethereum directly from Halysk Bank. However, by linking your bank account to one of the crypto exchanges below, you can still buy crypto:
|Trade in Bitcoin & other cryptos! Try for free with a demo & deposit money with Halysk bank after. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.|
Did you know that at many crypto exchanges, it is possible to test the possibilities first with a free demo? This allows you to test the capabilities of the trading platform completely risk-free.
Step 2: deposit money into your crypto account
After you open an account, you cannot deposit money into your crypto account right off the bat. This is because you have to verify your crypto account first. You verify your account by uploading a copy of your passport and driving licence.
After the documents are approved, you can directly deposit money into your account using your bank account at Halysk Bank.
Step 3: buy crypto with Halysk Bank
It is wise to research the cryptocurrencies you want to invest in first. That way, you can determine which crypto suits your investment profile. If you have a higher risk tolerance, you can also invest in lesser-known altcoins. These crypto coins often offer higher returns, but are also riskier. Many retail investors lose their deposits investing in risky crypto coins.
Once you are sure which crypto you want to buy, you can immediately place an order. Enter the amount you would like to invest and then press the buy button. The position will then immediately be forwarded to the crypto exchange.
It may be wise to send your crypto to an external wallet. If a crypto exchange turns out to be unreliable, they can end up ‘stealing’ your crypto. With an external wallet, however, you are 100% in control over your crypto funds.
What is Halysk Bank’s stance on crypto?
Halysk Bank fortunately has no anti-crypto policy. You can therefore transfer money to any known crypto exchange without any problems. At the top of the article, you can discover which parties you can go to for trading crypto.
Remember that crypto is volatile, and you can lose a lot of money quickly. It is therefore important that you research each crypto project extensively before investing in it.
Only invest your funds when you trust the developer behind the coin. There are many crypto scams where worthless coins temporarily skyrocket in value: this is also called a pump and dump.
About Halysk Bank
Halysk Bank is a Kazakh bank (Қазақстан Халық Жинақ Банкі, Qazaqstan Halyq Jınaq Banki) with branches in Kyrgyzstan, Georgia, Russia, Tajikistan, and Uzbekistan. The bank is the successor to Kazakhstan’s Sberbank under Soviet leadership. Halysk Bank’s headquarters can be found in Almásy which is the country’s capital.
With a 35% market share, Halysk Bank is the largest bank in the country. Originally founded in 1923, the bank is also tradable on the London Stock Exchange under the ticker HSBK.
Can you buy Bitcoin at Halysk Bank?
It is not possible to buy Bitcoin & other crypto directly. However, by linking your bank account with Halysk Bank to a reliable crypto exchange, you can invest in crypto coins without any problems.
Remember, it is wise to go read the white paper before investing; that way, you will find out if that particular crypto project suits you.