How to buy Bitcoin & other crypto at Alpha Bank?
Alpha Bank does not offer crypto itself, but by following the steps in this article, you can still invest in Bitcoin without any problems.
How to buy crypto at Alpha Bank?
Step 1: open an account with a crypto exchange
A crypto exchange is a company that allows you to buy and sell Bitcoin and other crypto. You need an account with a crypto exchange to buy Bitcoin with Alpha Bank Greece:
|Trade in Bitcoin & other cryptos! Try for free with a demo & deposit money with Alpha bank after. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.|
It is advisable to carefully compare the different crypto exchanges. That way, you will discover which exchange suits you well.
Step 2: verify account
To prevent money laundering, you must first verify your account. You verify your account by uploading a copy of your passport and address. You also have to answer some questions about your financial situation and experience in most cases.
Step 3: deposit money from Alpha Bank
After your account is verified, you can deposit money directly from your bank account at Alpha Bank. Please note that it may take several working days for the money to arrive in your crypto account. It is important that you transfer money from a bank account that is in your name.
Step 4: select crypto
Selecting a crypto can be difficult, especially for novice traders. After all, most crypto exchanges allow you to invest in hundreds of different cryptocurrencies. Research carefully what the crypto you want to invest in stands for: that way, you reduce the chances of losing money with your investment.
Step 5: buy crypto with Alpha Bank
When you are sure which crypto you would like to buy, you can select it directly within the trading software. Enter the amount you would like to invest and press the buy button. With most crypto exchanges, it takes a few seconds to minutes before the order is placed. You can then sell your investments again at any time and have the money transferred to your bank account at Alpha Bank.
Is Alpha Bank crypto-friendly?
Alpha Bank is crypto-friendly: customers can buy Bitcoin with their bank account without any problems by linking it to a crypto exchange. By then sending your crypto to an external wallet, you avoid losing your assets when the crypto exchange goes bankrupt.
About Alpha Bank
Alpha Bank is one of Greece’s largest banks. The bank also operates in England, Albania, Cyprus, and Romania. Alpha Bank was founded in 1879 which makes it one of the oldest banks in the world. Alpha Bank’s shares are tradable on the Athens Stock Exchange under the symbol ALPHA.
Can you buy Bitcoin from Alpha Bank?
You can buy Bitcoin & other crypto without any hassle using your bank account at Alpha Bank. By following the steps in this short tutorial, you will open your first crypto investment in no time. Always be careful though, and only invest money you are willing to lose: crypto is very risky after all!
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.