Buying bitcoin & other crypto at Bank Melli Iran
Follow the steps in this guide to buy Bitcoin & other cryptocurrencies directly from Bank Melli Iran.
How to buy crypto with Bank Melli Iran?
Step 1: open an account with a crypto exchange
Bank Melli Iran does not have a negative stance on crypto, but it does not yet offer crypto services. However, by linking your crypto account to a bank account, you can invest in crypto without any problems. The table below shows you directly which exchanges you can go to:
|Trade in Bitcoin & other cryptos! Try for free with a demo & deposit money with Bank Melli Iran after. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.|
After creating an account, you can transfer funds directly from your bank account at Bank Melli. Select the crypto coin within the platform you want to buy and enter the amount you want to invest.
In some cases, it may be wise to use a limit order. With a limit order, you set a price at which you buy the cryptocurrency. You can also use a stop loss & take profit to determine at what point you close the position again. Of course, you can also close your crypto position manually and have the money transferred back to your bank account at Bank Melli Iran.
What is Bank Melli Iran’s crypto policy?
Bank Meli Iran is very positive about crypto and is investing in new technologies. This is in line with the government of Iran, which also sees an important role for crypto in everyday life. Crypto could be used in the future to circumvent tricky, economic sanctions.
You can therefore invest in crypto coins with your bank account with Bank Melli Iran without any problems. By linking your bank account to a reliable crypto exchange, you can immediately start trading your favourite crypto coins.
About Sofa Melli Iran
Bank Melli Iran is Iran’s largest company and is considered the largest bank in the Middle East. The bank manages more than $80 billion in assets and has more than 3,000 branches in Iran. BMI’s first managing director was Kurt Lindenblatt from Germany. Not coincidentally, the first international branch was also opened in Hamburg in 1948.
Bank Melli Iran operates in Afghanistan, Azerbaijan, Bahrain, France, Germany, Hong Kong, Iraq, Oman, Russia, UAE and the UK.
The bank also made extensive news in 1981 when a bomb exploded outside Bank Melli Iran’s San Francisco branch. Fortunately, no one was injured in this attack.
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Can you buy Bitcoin from Bank Melli Iran?
Bank Melli Iran does not offer crypto investing itself. However, you can buy Bitcoin & other crypto from Bank Melli Iran without any problems by following the steps in this article. You will need an account with a crypto exchange for this as the bank itself does not offer crypto investments. Always research well what the opportunities & risks are in the crypto market before investing.
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.