Bitcoin
BTC
$
00000.00
-0.00%
Ethereum
ETH
$
00000.00
-0.00%
Solana
SOL
$
00000.00
-0.00%
XRP
XRP
$
00000.00
-0.00%
Dogecoin
DOGE
$
00000.00
-0.00%
ChainLink
LINK
$
00000.00
-0.00%
Binance Coin
BNB
$
00000.00
-0.00%
Cardano
ADA
$
00000.00
-0.00%
Litecoin
LTC
$
00000.00
-0.00%
Ordinals
ORDI
$
00000.00
-0.00%
Polygon
MATIC
$
00000.00
-0.00%
Optimism
OP
$
00000.00
-0.00%
Arbitrum
ARB
$
00000.00
-0.00%
Polkadot
DOT
$
00000.00
-0.00%
Avalanche
AVAX
$
00000.00
-0.00%
Sui
SUI
$
00000.00
-0.00%
Ethereum Classic
ETC
$
00000.00
-0.00%
FileCoin
FIL
$
00000.00
-0.00%
Celestia 
TIA
$
00000.00
-0.00%
Injective
INJ
$
00000.00
-0.00%

Key Takeaway

N26 Bank offers a streamlined path for engaging with cryptocurrencies, enabling transfers with platforms adhering to European regulatory standards, including those aligned with BaFins’s regulations. This guarantees both the security and authenticity of customer transactions.

For N26 customers wanting to invest in crypto assets, Bitpanda stands out for its broad range of over 3,500 cryptocurrencies and other financial instruments, including stocks, commodities, and ETFs. Bitpanda facilitates effortless EUR deposits through SEPA or bank transfers, and credit cards.

Bitpanda
Bitpanda

This review and rating adhere to our editorial policy and the the research methodology of StacksOnChain analysts, guaranteeing the accuracy and reliability of our reports.

Rating
9.7

Supported Assets

3,000+ Cryptos, Stocks, ETFs & More

Trading Fees

0.2% Trading Fees

Can I Invest in Crypto with N26 Bank?

While N26 Bank doesn't directly provide services for cryptocurrency transactions, it empowers its users to transfer funds to platforms that operate within the European regulatory framework, ensuring a protected investment environment.

Investors must recognize that N26's banking solutions do not include integrated crypto storage features like wallet services. Users should use a German exchange that adheres to BaFin’s regulations for securely storing and acquiring digital currencies.

How to Buy Crypto with N26 Bank

Although N26 Bank is not directly involved in crypto trading, it does allow for the transfer of funds to reputable platforms within the European Union. Bitpanda, known for its strict compliance with regulatory standards, offers a wide variety of cryptocurrencies and supports quick EUR deposits through bank transfers, Sofort, SEPA, credit cards, and other payment methods.

  1. Sign up on Bitpanda and complete the identity verification steps to unlock your account. 
  2. Navigate to the 'Deposit' section and transfer funds from N26 Bank. 
  3. Find your desired cryptocurrency on the platform.
  4. Decide the amount you wish to invest and finalize your purchase by clicking 'Buy.'

Does N26 Bank Block Crypto Transactions?

No, N26 Bank does not block its customers' transactions to regulated digital asset exchanges. The bank facilitates transfers to platforms conforming to European regulatory standards, enabling clients to explore the crypto space. This reflects the bank's adaptability in integrating emerging financial technologies into its services.

Customers are advised to transact only with platforms that comply with the rigorous KYC and AML directives set by the Federal Financial Supervisory Authority (BaFin). This approach highlights the bank's commitment to maintaining the trustworthiness and integrity of financial transactions.

Digital Asset Investing Fees

When using crypto exchanges, several fees are involved, which are crucial for the platforms' operations. Understanding these charges is essential to avoid any hidden costs. Here's an overview of Bitpanda's fee structure:

  • Deposit Fees: As of 2024, Bitpanda no longer charges fees to deposit fiat currencies into its platform, including credit card deposits. It also does not charge for depositing cryptocurrencies.
  • Withdrawal Fees: Fees for withdrawals differ; Bitpanda applies fixed fees for cryptocurrency withdrawals to accommodate network charges. However, fees for transferring funds back to your bank account is completely free of charge.
  • Trading Fees: Bitpanda charges a 1.49% fee whenever you buy or sell Bitcoin, but it does not charge fees to buy, sell, or trade other cryptocurrencies. This is because it has a wide spread, which can be reviewed when making a trade. 

Active traders achieving significant monthly trading volumes or users who stake BEST (the platform’s native token) on Bitpanda can enjoy lower fees.

Closing Thoughts

N26 Bank aligns with Germany's financial standards and enables transactions to reputable platforms like Bitpanda. Though not directly engaged in crypto trading, N26 facilitates the safe transfer of funds to exchanges approved within the European regulatory framework, providing a pathway for its clients to engage with digital assets in a secure and regulated setting.

Author

Richard Zhang, the founder of StacksOnChain, comes with a rich history in finance and a background as a High-Frequency Trading engineer and computer science scholar. With over a decade in the industry, he fervently advocates decentralized financial systems, imparting his extensive knowledge to a global readership.

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