Can you buy crypto at Access Bank?
Do you want to gain access to Bitcoin & other cryptocurrencies with your bank account at Access Bank? Postdate the steps in this article: with a little effort, you can easily buy crypto with your bank account at Access Bank.
How to buy crypto with Access Bank?
Step 1: open an account with a crypto exchange
Access Bank does not support crypto transactions itself, but you can link your bank account to a reliable crypto exchange without any problem:
|Trade in Bitcoin & other cryptos! Try for free with a demo & deposit money with Access bank after. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.|
Only proceed to step 2 when you are confident enough on your ability to invest in crypto. Crypto is a volatile market, where you can quickly lose a hefty amount of money.
Step 2: depositing funds with Access Bank
When you are ready, you can directly deposit funds using your bank account with Access Bank. Do pay close attention to conversion fees: at some crypto exchanges, you pay extra fees when you convert foreign currencies.
Step 3: buy crypto with Access Bank
Within the crypto platform, you can select one of hundreds of altcoins. Enter the amount you want to invest and press buy to place the order.
You can also use a limit order: that way, you have more control over your transaction. With a limit order, you set a maximum price you are willing to pay. This is especially handy in times of strong market movements; otherwise, you might end up paying more than you expected.
What is Access Bank’s crypto policy?
Access Bank has a positive stance on crypto: as a customer, you can therefore buy Bitcoin there without any problems by transferring money to a reliable crypto exchange. Keep in mind that banks do have to increasingly monitor crypto transactions. If your transaction is deemed suspicious, the bank may decide to block your transaction.
About Bank Access Bank
Access Bank is a Nigerian multinational that is supervised by the Central Bank of Nigeria. With more than 28,000 employees, 42 million customers and $25 billion in assets, it is Africa’s largest bank.
In the year 2021, the bank began its aggressive expansion strategy by selecting several regions in Africa where expansions are possible. In the same year, Access Bank even managed to expand into Europe by opening a branch in France.
Can you buy Bitcoin from Access Bank?
Access Bank does not offer Bitcoin & other crypto. However, you can still invest in crypto by following the steps in this guide. With the 3 simple steps in this article, you can buy crypto directly with your bank account at Access Bank. Study the risks carefully before investing, though!
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.