Can you buy crypto at Vietinbank? 3 steps
Do you want to buy crypto from Vietinbank? Follow the 4 steps in this tutorial & invest in Bitcoin directly with your bank account at Vietinbank.
How to buy crypto with Vietinbank?
Step 1: sign up with a crypto exchange
A crypto exchange allows you to buy and sell popular crypto coins. Are you wondering which exchanges are out there? In the overview below, you can immediately find the most popular exchanges:
| Brokers | Information | Register |
|---|---|---|
 | Trade in Bitcoin & other cryptos! Try for free with a demo & deposit money with Vietinbank after. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. |
Don’t be afraid to try different strategies with a free demo: that way, you can’t lose anything, and you will discover how trading crypto works.
Step 2: deposit money with Vietinbank
You can deposit money directly from your bank account at Vietinbank to the crypto exchange. It is important that your bank account and your account at the crypto exchange are in the same name. This prevents your transaction from being sent back to your bank account.
More and more crypto exchanges require you to verify your identity first. This allows the crypto exchange to verify that you really exist and that are not using the platform for illegal purposes.
Step 3: buy crypto with Vietinbank
Select the crypto you want to buy within Vietinbank’s platform. In this example, I am buying Bitcoin, but you can choose any other cryptocurrency.
Within the order screen, you then enter the amount you wish to invest. Keep in mind that the market is constantly changing. When the market is volatile, you sometimes pay less or more than you expect. By using a limit order, you avoid unpleasant surprises.
After you place your order, you can manage it directly within the platform. You can monitor in real-time how the crypto’s value is evolving. At any time, you can decide to sell your crypto and return the money to your bank account at Vietinbank.
What is Vietinbank’s crypto policy?
Vietinbank does not have a stated crypto policy. However, customers haven’t complained about blocked crypto transactions. Hence, you can buy Bitcoin & other crypto with your bank account at Vietinbank without any problems. Check this website regularly to stay updated on crypto policies at Vietinbank.
About Vietinbank
Vietinbank is one of the largest commercial banks in Vietnam, offering a wide range of financial products and services. The company was founded in 1988 and its headquarters can be found in Hanoi.
With over 30 years of experience, Vietinbank is committed to improving the lives of its customers by providing them with the tools and resources they need to achieve their financial goals.
The government of Vietnam holds the majority of shares, but they recently sold 20% to Mitsubishi UFJ Financial Group. The bank was embroiled in a fraud scandal in which Huynh Thi Nuyen Nhu stole 4 trillion VND from several banks.
Can you buy Bitcoin from Vietinbank?
Vietinbank itself does not offer crypto at the time of writing. However, crypto is becoming increasingly popular within Vietnam; it would be in the best interest of the bank to capitalize on this. Until then, fortunately, you can still buy Bitcoin by linking your Vietinbank bank account to a reliable crypto exchange. This guide tells you everything you need to know about crypto.
