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Last Update May 28th, 2023. Online Banking, also known as Internet banking or web banking, is an electronic payment system available for banking customers to make financial transactions directly through a financial institution’s website or app. Most banks around the world offer this payment method as a service.

Online banking is also a popular payment method for buying bitcoin.

If you are buying or trading bitcoin in high volumes with Online Banking our recommendation is to use Etoro for your trading needs.

How To Buy Bitcoin With Online Banking

Etoro

Etoro Homepage - Build A Better Crypto Portfolio

Website:etoro.com
CEO:Yoni Assia
Headquarters:London, United Kingdom
Founders:David Ring, Ronen Assia, Yoni Assia
Founded:2007
Customer service:Knowledge Base

Etoro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.

Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).

Minimum first time deposit for US users is $50 USD and $200 USD for most countries.

Etoro accepts deposits in USD, EUR, GBP, and AUD.

Pros

  • Diverse selection of markets
  • Excellent reputation
  • User-friendly interface
  • Great customer support
  • Low fees

Cons

  • Bitcoins can not be withdrawn

Disclaimer: Crypto assets are unregulated & highly speculative in some EU countries. No consumer protection. Capital at risk.

Crypto investing is offered by eToro (Europe) Ltd. and custody is provided by eToro Germany GmbH. Your capital is at risk.

eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. See PDS and TMD.


ReputationFeesPrivacyLimits
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Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

77% of retail investor accounts lose money when trading with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptocurrencies are a highly volatile unregulated investment product. No EU investor protection.

eToro USA, LLC does not offer any CFDs and makes no representations and assumes no liability for the accuracy or completeness of the content of this publication, which was created by our partner using publicly available, non-company specific information about eToro.

What Is Online Banking?

Online Banking is a service provided by most banking institutions for making quick, convenient and secure transactions. Online Banking has a low overhead and 24/7 access, and is most commonly used for paying bills.

Online Banking With 24/7 Access

What Countries Support Online Banking?

Online Banking can be found in every region of the world. Most banking institutions offer Online Banking as a service for their customers. Check with your local bank to see if they offer this service.