Can you buy crypto at Burgan Bank?
I get emails almost daily from Burgan Bank customers who want to buy crypto. This is because, unfortunately, it is not yet possible to buy Bitcoin at Burghan Bank. However, by connecting your bank account to a reliable exchange, you can still invest in crypto without any problems.
How to buy crypto with Burgan Bank?
Step 1: open an account with a crypto exchange
Before you can get started with crypto investing, you first need an account with a crypto exchange. Create an account with one of the parties below to start trading crypto:
|Trade against low fees in Bitcoin & other cryptos! Try for free with a demo & deposit money with Burgan bank after. Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.|
|Try crypto trading without using a crypto exchange or a bank to deposit: speculate on both increasing and decreasing prices with the CFD provider Plus500 using a demo account. 82% of retail CFD accounts lose money.|
|Invest in hundreds of altcoins against low fees. Receive 20% permanent discount over all transactions!|
Step 2: deposit money with your Burgan Bank account
You can directly deposit funds in your bank account at Burghan Bank to the crypto exchange. Kindly note that it may take several working days for the transaction to be processed. Many banks charge extra fees for international transfers: keep this in mind!
Step 3: buy crypto with Burgan Bank
You now have everything you need to buy crypto with Burghan Bank. Select the crypto you want to invest in and enter the amount you would like to invest. By pressing buy, you instantly exchange your fiat for crypto.
You can also choose to make use of a take profit or stop loss order. That way, you can automatically take your profit or loss when the price reaches a certain price.
Furthermore, please keep in mind that patience is important! If you actively trade without knowledge, you can quickly lose a lot of money with crypto.
What is Burgan Bank’s crypto policy?
Burgan Bank has not published explicit information about its crypto policy, but does not seem to block transactions to crypto exchanges. Of course, it remains essential to select a reliable crypto exchange: that way, you avoid losing the funds in your account due to a hack.
About Burgan Bank
Founded in 1977, Burgan Bank is the second-largest bank in Kuwait. The bank operates 24 branches and 100 ATMs. The bank has owned 70% of Tekfenbank since 2012.
Can you buy Bitcoin from Burgan Bank?
Burghan Bank does not offer crypto itself, but by linking your bank account to a crypto exchange, you can still invest without any problems. In this guide, you will directly learn what you need to do to buy Bitcoin from Burghan Bank. Keep in mind that crypto can fluctuate greatly, in a matter of minutes.