Can you buy crypto at Dashen Bank?
More and more people are wondering if they can buy crypto with their bank account at Dashen Bank. The answer to this question is YES! Follow the steps in this short guide & buy Bitcoin with your bank account at Dashen Bank!
How to buy crypto with Dashen Bank?
Step 1: open an account with a crypto exchange
Dashen Bank does not offer crypto investments for customers. You therefore need an account with a crypto exchange to invest in Bitcoin. The overview below shows you directly which crypto exchanges you can join:
|Trade in Bitcoin & other cryptos! Try for free with a demo & deposit money with Dashen Bank after. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.|
At many crypto exchanges, you can try out the options completely risk-free. A demo is perfect for testing different trading strategies.
Step 2: deposit money with Dashen Bank
In some cases, you need to verify your crypto exchange account before you can buy crypto. Verifying your crypto account is often not a hard task: to verify your account, upload proof of identity and a copy of your address within the exchange.
After your account is verified, you can deposit funds by using your bank account with Dashen Bank. Kindly note that it may take a few working days for the funds to arrive in your bank account.
Step 3: buy crypto with Dashen Bank
You can invest in a wide range of cryptocurrencies with your bank account at Dashen Bank. Bitcoin is the most popular, but you can also choose from hundreds of altcoins. In the crypto world, we call any crypto that is not Bitcoin an altcoin. Keep in mind that investing in altcoins can be even riskier than investing in Bitcoin.
When you are sure which crypto you want to buy, you can select it directly within the crypto exchange. Enter the amount you would like to invest. You can optionally use a limit order: that way, you only open the position when the crypto is available at a certain price. After you send the order to the exchange, it may take a few seconds to minutes for it to be processed.
What is Dashen Bank’s crypto policy?
Dashen Bank does not have a stated crypto policy. As a Dashen Bank user, you can buy and sell crypto through a crypto exchange without any problems. Choose a reliable crypto exchange: as some crypto companies have stolen their customers’ assets in the past.
About Dashen Bank
Dashen Bank is one of the largest banks in Ethiopia. The bank was established in 1994 and has experienced tremendous growth since then. The bank offers a range of products and services, including savings accounts, loans and insurance.
Dashen Bank is known for their excellent customer service and fast service. They also have a large network of branches across Ethiopia, making them easily accessible to customers.
Can you buy Bitcoin from Dashen Bank?
Dashen Bank does not plan to offer crypto to its customers. However, as a Dashen Bank customer, you can link your bank account to a crypto exchange. You can then buy Bitcoin & other crypto coins directly through the crypto exchange. Do keep the volatility in mind: crypto coin prices can rise and fall quickly.