How to buy crypto (Bitcoin) at Habib Bank Limited (HBL)?
Do you want to buy crypto using your bank account with Habib Bank Limited (HBL)? You can! Follow the steps in this article and buy Bitcoin & other crypto directly with your bank account.
How to buy crypto with Habib Bank Limited?
Step 1: open an account with a crypto exchange
You need an account with a crypto exchange before you can invest in crypto. This is because HBL itself does yet not offer crypto investments for its customers. In the overview below, you can immediately see which exchanges you can join:
|Handel in Bitcoin & andere cryptos! Probeer gratis met een demo & stort geld met Habib Bank Limited . Cryptoassets zijn erg volatiel en niet gereguleerd. Geen consumenten bescherming. Belastingen over winsten kunnen van toepassing zijn.|
|Probeer crypto trading door een crypto exchange of bank te gebruiken om te storten. Speculeer op stijgende en dalende prijzen met de CFD-provider Plus500 door een demo te gebruiken. 86% van de retail CFD accounts verliest geld.|
Step 2: depositing money with HBL
After opening an account with a crypto exchange, you can often practice with a demo first. You don’t run any risk this way, as you can’t lose real money.
When you are ready, you can deposit money directly from your Habib Bank Limited bank account. Some crypto exchanges require you to confirm your identity first by uploading proof of identity.
Step 3: buy crypto with HBL
Next, select the crypto you want to buy within your HBL account. Many customers choose Bitcoin, but of course, you can also invest in one of hundreds of other cryptocurrencies. Ethereum, for instance, can also be an interesting option as you can use smart contracts on its blockchain.
When you select a crypto, you must first fill in some details on the order screen:
- How much do you want to invest in crypto?
- Do you want to use a limit order?
- Do you want to buy or sell the crypto?
When you are satisfied with your order, you can send it to the crypto exchange. It then takes a few seconds to minutes for the order to be executed.
What is HBL’s crypto policy?
Habib Bank Limited has no problems with crypto transactions: you can therefore link your bank account to a crypto exchange without any problems. Pick a reliable exchange though; banks block suspicious transactions to foreign countries.
About Habib Bank Limited
Habib Bank Limited, also known as HBL, is the largest bank in Pakistan and is a true financial giant in the region. HBL was founded in 1941 and since then, it has developed into a leading player in retail and corporate banking. The company has more than 1,500 branches around the world and offers a range of products and services, including savings accounts, loans, payment and card services and corporate finance.
But HBL is more than just a bank – it is a company with a mission. HBL wants to make a positive contribution to society and therefore collaborates with various charities. Moreover, HBL prides itself on its sustainability initiatives, including reducing CO2 emissions and protecting our planet’s natural resources.
Can you buy Bitcoin from HBL?
Habib Bank Limited does not offer crypto at the time of writing, nor has it expressed any plans to do so in the future. However, this does not need to stop you: in fact, you can link your crypto exchange account directly to a reliable crypto exchange. This allows you to buy your favourite crypto within 3 steps.
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.