17 Best Crypto-Friendly Banks in the US, Canada, and Europe

17 Best Crypto-Friendly Banks in the US, Canada, and Europe

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The Best Crypto-Friendly Banks In Europe

Finding the best crypto-friendly banks in Europe is not easy. However, we have outlined some of the best institutions below. Read on!Crypto Friendly Banks

1. Bankera (Lithuania)

Based in Lithuania, Bankera is, without a doubt, one of the few European banks that focuses on offering a bridging point for the conventional banking structure and cryptocurrency. They achieve this through integration with SpectroCoin, which offers brokerage solutions to their clients.

This bank provides a reliable and highly effective exchange service for their clients, which can be used to exchange both cryptos and tokens. With a blend of its traditional banking services and adoption of blockchain technology, Bankera provides a wonderful platform for its clientele to manage their crypto assets.BankeraBankera also provides other amazing products for its clients, including crypto loans and a wide array of investment tools.

2. Wirex (the UK and the European Region)

Wirex is based in London but has branches across the European region. Over the past few years, it has proven to be one of the best places where crypto enthusiasts can open a crypto-friendly bank account. Through Wirex, customers can send digital as well as traditional currencies easily across the globe.

This bank also provides a cryptocurrency wallet that allows users to conveniently buy and sell different cryptos.Wirex BankWirex customers get a functional debit card which they can use to access a plethora of special features. For instance, whenever one makes a purchase in-store, their account is awarded a 0.5% cashback, which is given in the form of BTC.

Through Wirex, customers are not only able to buy and sell cryptocurrency, but they can also manage their crypto portfolio. The bank also provides an instant trading platform where customers can exchange their cryptocurrencies for fiat currency with live exchange rates and vice versa.

3. SEBA (Switzerland)

Established in 2019, SEBA has grown to become one of the best crypto-friendly banks not only in Europe but in the globe. This innovative bank aims at providing its clients with seamless integration between traditional currencies and digital assets.SEBA Crypto BankThis bank offers its services to professional investors, family offices, as well as asset managers. Additionally, SEBA bank provides secure custody of digital assets to Swiss blockchain companies.

Other services provided by SEBA Bank include liquidity management, trading, digital asset loans, and cutting-edge tokenization solutions. If you are looking for a bank in Switzerland that will allow you to easily and safely exchange fiat currency with BTC, Ethereum, and a wide range o other cryptocurrencies, SEBA could be a great option.

4. Solarisbank (Germany)

We cannot talk about the best banks to open a crypto-friendly bank account and fail to mention Solarisbank. This German-based company is renowned for providing industry giants such as Samsung with an array of APIs for digital banking is now providing unmatched fiat-to-crypto trading and instant settlement in its trading solution.SolarisBANKThis has been made possible by its partnership with Luxembourg-based exchange – Bitstamp. According to this bank, enabling instantaneous swapping of crypto and fiat is a good way to prevent fraud and ensure crypto enthusiasts have a seamless trading experience.

5. Dukascopy (Switzerland)

Created in 1998, Dukascopy is now a regulated and licensed crypto-friendly bank based in Switzerland. It offers its clients leveraged CFD trading on price movements of cryptos, value estimations, or derivatives.

Through its ultra-modern CFD trading platform, Dukascopy allows customers to perform speculative operations without the need for a digital wallet. Through this bank, those interested in digital currency can trade on both rising and falling markets, cover their losses through short selling, and trade safely.

6. Bank Frick (Liechtenstein)

Bank Frick is a modern wealth management institution that offers a plethora o advisory solutions. Additionally, this bank develops and manages a range of investments.

Apart from creating current accounts and trading accounts like other banks, Bank Frick allows their clients to open crypto trading accounts and custody accounts that allow them to trade and securely store their digital assets.Bank FrickWhat makes Bank Frick unique is the fact that it offers a myriad of tradable cryptocurrencies that include:

  • USD Coin
  • Qtum
  • Stellar
  • Litecoin
  • Ether
  • NEM
  • Bitcoin Cash
  • Bitcoin

Those who do not own cryptocurrencies but would like to add some to their portfolio can buy them through Bank Frick. Crypto purchases are made in USD, Swiss Francs, and Euros.

7. Agribank (Malta)

Founded in 2012, Agribank is a commercial bank headquartered in Luqa, Malta. This bank is renowned for providing hire purchase and finance lease agreements to clients within the UK’s agricultural sector while operating solely online.AgribankJust like other traditional banks, Agribank obtains its funding through bonds, equity, wholesale funding, and retail deposits. What makes it different is that it has one extra feature in its interface – crypto banking.

Through Agribank, customers can use some traditional cards to buy cryptocurrency. Some of these cards include Maestro, MasterCard, Visa, and more.

8. Mistertango (Lithuania)

Mistertango is a platform that offers businesses and crypto users access to traditional finances as well as cryptocurrencies. Its extensive solutions are open for investors and others involved in the cryptocurrency industry.

This crypto-friendly processor provides both business and personal accounts and comes with the option to create several IBANs.MistertangoThis bank promises its clients a swift and simple onboarding process. Users can access and manage their online payments across multiple devices. Its platform has real-time notifications, which ensure clients stay informed about all their transactions, as well as crypto and fiat balances.

It’s worth noting that creating a Mistertango account is free. However, to send and receive transfers from exchanges, you must upgrade to a premium plan. Businesses pay $99.99/month while individuals pay $4.99/month for this plan.

9. Simplex (Lithuania)

Despite being a traditional bank, Simplex is a one-of-a-kind institution based in Lithuania that provides a cutting-edge combination of a payment gateway solution and a cryptocurrency brokerage platform for renowned crypto exchanges.

This bank provides users with a stress-free way of buying their desired cryptos at reasonable prices. When buying crypto, you can use your credit card, and payments are processed fast and securely.SimplexDue to the way the simplex platform works, it provides instant payment processing in many cases. This bank states that some payments may take 48-72 hours to process.

However, this only happens when there is some stalling happening due to verification checks. While the list of cryptos used by Simplex is pretty extensive, some of the accepted ones include Bitcoin, Ethereum, Litecoin, Ripple, and more.

10. Majestic (Lithuania)

Majestic is a crypto-friendly bank that allows customers to perform instant cross-border payments. It allows individuals and businesses with bank accounts to deal with cryptocurrencies. Additionally, its platform has built-in functionalities that help clients buy BTC and other cryptocurrencies.MajesticWith Majestic, you can quickly send a wide range of traditional and digital currencies around the world. It is, without a doubt, one of the bitcoin-friendly banks that give unhampered access to the world of borderless payments.

11. Barclays (UK)

Barclays is one of the largest investment banks in the world, with a strong presence in many crypto-friendly countries. Apart from providing cutting-edge traditional banking solutions, this bank also uses blockchain technology to aid transactions between customers and is renowned for its support for cryptos.Barclays BankBarclays has partnered with Coinbase to provide clients with easy access to a wide range of crypto assets.

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