ING Bank is a multinational German organization servicing the banking needs of over 50 million customers across 40 countries. The bank attends to its customers’ crypto needs by allowing them to purchase digital assets on some crypto exchange platforms with a simple bank transfer.
Here, you will learn how to buy cryptos with ING Bank via SEPA transfer on two of the most reliable crypto exchange platforms – Bitvavo and Bitget.
SEPA transfers have revolutionized how traders can buy cryptos in Europe. The payment portal is safe and secure and allows people to purchase cryptos on integrated exchanges via bank transfers.
Can You Buy Cryptos With ING Bank?
Yes, you can buy cryptos with your ING bank account. ING allows its clients to buy cryptos on Bitvavo and Bitget by making a bank transfer onto the platform. Such exchange platforms allow payments via SEPA, Giropay, and PayPal.
The following steps are guidelines for buying cryptos with ING Bank on both crypto exchanges. This article will focus on making a crypto purchase via the SEPA portal.
How to Buy Cryptos with ING Bank on Bitvavo
Bitvavo has the trust of millions of traders in 5 years of inception. Users enjoy its user-friendly interface to access over 200 cryptocurrencies as seamlessly as possible. Bitvavo is well-known for its transparency, low transaction fees, and speed. The platform allows payments via Sofort, Giropay, PayPal, and SEPA.
Up next, we will be looking at a step-by-step breakdown of how to buy cryptos with ING bank on Bitvavo:
Step 1: Create an Account
To sign up on the platform, you must provide your country of residence, name, email address, and password (preferably a strong one).
Then, find Bitvavo’s verification link in your inbox and click on it. You will also have to upload any government-issued ID in your possession.
Step 2: Go for SEPA
Once the submitted documents have been approved, you can begin your trading journey on Bitvavo. But before that, you need to have some money in your account.
Find the Deposit button and proceed to the pop-up window notifying you of the need to verify your bank account. You’ll only have to do this once. Then, opt for SEP as your preferred choice of payment.
Step 3: Transfer the Money
Next, type the amount you wish to deposit. Bitvavo will display the details of a payee account next, and all you have to do is make a transfer to that account via your ING bank app.
Once you have completed that, check your balance to confirm that the transaction was successful. To purchase any digital asset of your choice, explore Bitvavo’s selection and click “Buy.”
How to Buy Cryptos with ING Bank on Bitget
Bitget is a top-rated exchange, just like Bitvavo. Bitget offers twice as many cryptocurrencies as Biitvavo offers. You can also enjoy the spot, futures, and copy trading features available on the platform. If you want to buy cryptos with ING bank on Bitget,
1. Open an Account on Bitget
First things first, navigate your way to Bitget and sign up on the platform. After providing your email address and a password, a confirmation link will be sent to verify your email address. Next, provide a copy of a government-issued ID (your national ID card, driver’s license, or passport).
2. Select SEPA
Find “Buy Crypto” on the platform’s homepage and click on it. Change the fiat currency to EUR and select “Bank Deposit.” Afterward, choose SEPA as your desired payment mode and proceed to the next page.
3. Input the amount of Euros you want to deposit into your Bitget account
Next, copy the payee information on your screen and make the transfer from your ING bank app.
Once you have completed the transaction, return to Bitget and confirm the transaction status. Your newly purchased cryptos will be displayed on your balance.
About ING Bank
Internationale Nederlanden Groep provides services and products related to investments, savings, payments, asset management, mortgages, and loans. With total assets estimated to be close to $1 trillion, ING bank is frequently on the list of the top 30 biggest banks in the world. ING Bank services Europe, North America, South America, and Asia.
Bottom Line
Both crypto exchange platforms are super user-friendly. You can use Bitvavo or Bitget to expand your crypto portfolio in the easy steps listed above – all from the comfort of your phone!
