How to buy Bitcoin & other crypto at Komerční banka?
An increasing number of people want to buy Bitcoin with their bank account at Komerční banka. Komerční banka does not yet offer crypto investments, but by following the steps in this article, you can still buy crypto without any problems.
How to buy crypto at Komerční banka?
Step 1: open an account with a crypto exchange
You can buy crypto through a crypto exchange. A crypto exchange is a party where you can trade Bitcoin, Ethereum, and other crypto coins. In the overview below, you can immediately see which parties you can go to:
|Trade in Bitcoin & other cryptos! Try for free with a demo & deposit money with Komerční banka after. eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.|
It is important to be careful with crypto exchanges. This is because crypto exchanges are not as regulated as banks. By spreading your investments over different exchanges, you reduce the risk. You can also choose to send the crypto you buy to an external wallet; this allows you to maintain full control.
Step 2: verify your account & deposit money
Before you can start investing, you must first verify your account. You do this at Komerční banka by uploading a copy of your passport and proof of your address. It can sometimes take a while for your account to be verified. After your account is fully verified, you can immediately deposit money using your Komerční banka account.
Step 3: buy crypto with Komerční banka
Now you have everything you need to invest in crypto with your bank account at Komerční banka. It is indispensable to take enough time to research different cryptocurrencies. You can invest in thousands of different altcoins, but not all of them are equally reliable.
Once you have made a decision, you can select the crypto you want to invest in directly within the platform. Within the order screen, enter the amount you wish to invest and press the buy button. It will then take a few seconds to minutes before the crypto actually appears in your account.
About Komerční banka & stance on crypto
Komerční banka, or KB for short, is a large Czech bank. The bank offers both retail and corporate banking services. With 1.6 million customers and around 400 branches, the bank is well served by customers.
The bank has not spoken out on crypto. So far, the bank has not blocked users for investing in crypto. Therefore, buying cryptocurrencies with your bank account at Komerční banka should not cause any problems.
Can you buy Bitcoins at Komerční banka?
It is currently not possible to buy Bitcoins & other crypto at Komerční banka. However, by linking your bank account to a crypto exchange, you can still invest without any issues. This is because Komerční banka is not anti-crypto and does not block deposits on crypt exchanges. Be vigilant though; there are many scammers lurking who are only too happy to steal your funds.