Here’s How to Buy Crypto with Rabobank and find out which are the Best Crypto Exchange for Rabobank Users.
If you are a Rabobank customer and looking to buy Cryptocurrency then this article is for you. Rabobank enables its customers to deposit funds to various trading platforms.
The bank does not directly trade in cryptocurrency but it does not restrict its customers from doing so.
Rabobank ensures that its customers buy cryptocurrencies only from genuine trading platforms. To ensure your money is safe, the bank restricts some trading apps that do not comply with the exchange regulations.
You can read the article to know more about buying Crypto with Rabobank.
About Rabobank
Rabobank is a banking service provider that was started in the Netherlands in 1898. The Bank is a cooperative bank. Earlier it was limited to farmer services but now with multifold growth speed, the bank has expanded its services in all sectors.
The services are available now in more than 38 countries but have a majority customer base in the Netherlands. The Bank is the most trusted Bank in the entire Netherlands.
The services the Bank offers include ATMs, Loans, Personal Banking, Corporate Banking, Cooperative Banking etc.
Can You Buy Crypto With Rabobank?
Rabobank does not allow users to buy crypto directly from the bank page as it only performs banking functions. Rabobank users can buy crypto using their Bank accounts with an external trading platform.
The app can easily deposit funds to the exchange platform. Various trading platforms in collaboration with Rabobank offer zero or very minimal fees on deposits and withdrawals.
Although the bank does not offer crypto directly, it has a crypto-friendly policy, unlike other banks that restrict crypto transactions. The bank limits its deposit services to only trusted trading platforms.
How to Buy Bitcoin and Crypto With Rabobank?
You can buy Bitcoin and Crypto with Rabobank by following these easy steps-
- Install any of the trading apps mentioned above and sign up by providing the required details.
- Next, you have to select your currency and the crypto you want to buy.
- Select your payment method from a list of available payment options
- Complete the payment successfully, the cryptocurrency shall be instantly settled in your account.
Best Crypto Exchange for Rabobank Users
Etoro
Etoro is an excellent crypto trading platform providing a seamless crypto experience to users worldwide. You can monitor trends through an advanced analysis chart.
Rabobank users can buy or sell cryptocurrency with the Etoro app as it allows them to deposit funds at nominal charges.
To deposit funds from your account, go to the payment page, select Rabobank as the payment method and complete the transaction. After the successful completion of the transaction, crypto coins will be credited to your wallet.
Bybit
The Bybit app accepts deposits from Rabobank in Euro. The fee for the same is as low as 0.1% Therefore, if you are a Rabobank user and looking to trade in cryptocurrencies, you can use this platform.
Bybit is the best choice among crypto buyers in the Netherlands due to its instant Euro deposits. Bybit has a unique referral program under which you can get your friends registered using your code.
Whenever a friend deposits and trades any cryptocurrency, you will get a commission of 30% over that transaction.
Cryptowallet.com
Cryptowallet.com is another trusted crypto trading platform with a huge variety of coins and NFTs. You will get a Cryptocard that you can use for an easy checkout experience.
Rabobank users can deposit funds in Cryptowallet.com through Bank transfers. There are no fees for deposits, only a conversion fee is charged at the time of withdrawal. The conversion fee is 0.8% of the withdrawal amount.
Bitpanda
With its headquarters in Austria, the platform is accepted by the European exchange. Bitpanda ensures that your holdings are safe by storing them in an offline wallet. Rabobank users can deposit funds in their Bitpanda wallet using SEPA bank transfers.
The Bitpanda can take up to 3 days to reflect the amount in your wallet. The minimum amount for the deposit is EUR 25, if you deposit any amount below this it will not reflect in your wallet.
Paybis
Paybis is one of the few trading platforms that accept more than 45 currencies from around the world. The wide currency acceptance saves you from paying exchange fees, therefore, increasing your profits.
The app offers the first transaction for free, Rabobank users do not have to pay any platform fees for the first transaction. To deposit funds from your Rabobank account, You can select SEPA Bank transfer as your payment method.
The minimum limit for deposits through Rabobank is 240USD and the maximum limit extends up to 1 million.
Can I Buy Crypto in the Netherlands?
Yes, you can buy crypto in the Netherlands as no explicit legislations forbid users to trade in Cryptocurrency.
You can use any of the regulated platforms to trade in crypto like e-toro, Bitpanda and Paybis among others.
Every crypto trading platform in the Netherlands has to comply with Anti Money laundering policies of the Netherlands.
If you are using any app that does not comply with the above policy then your money is at risk as the government can shut its services anytime soon.
Rabobank Cryptocurrency Policy
Rabobank does not have any formal policy for Cryptocurrencies. It neither promotes cryptocurrency nor restricts its users from trading in it.
There is no option to trade in cryptocurrencies on the bank’s website or app therefore it is evident that Bank does not explicitly supports cryptocurrencies.
Various trading platforms offer either zero or minimal charges for Rabobank customers while performing any crypto transactions.
The Bank allows transfers to these platforms provided these are complying with the laws of the Netherlands and are regulated by ESMA.
Final Thoughts
Rabobank is definitely a go-to bank for users who want to trade in cryptocurrencies, as there are no additional charges for such transfers.
Although the bank does not promote cryptocurrency but also does not restrict its users. You can buy cryptocurrency using the method provided in the article.
After reading the article, you are aware of various trading platforms you can use to sell or purchase cryptocurrencies. The article clearly mentions the policy of the bank regarding Cryptocurrencies.
