Last update: Jun 16, 2022

How to Buy Crypto with CaixaBank

As mentioned above, just like most banks, CaixaBank doesn’t offer cryptocurrency trading directly, as setting up a cryptocurrency exchange is quite complex and comes with regulations and extra requirements for the banks.

Luckily for us, there are plenty of crypto trading platforms to choose from that you can use to buy bitcoin or any other cryptocurrency you might want.

Once signed up to an exchange (we’ll be using eToro for our example as it’s a widely trusted and global exchange), you can simply transfer funds from your bank account to the exchange, and trade it for crypto.

How to buy crypto or bitcoin with CaixaBank

There are only 4 steps involved, let’s get started!

1. Choose a crypto exchange

As mentioned above, we’ll be using eToro for this guide as they are a widely used exchange and have over 50 cryptocurrencies to choose from. They also have a few really neat features like “Copy Trading”, which enables users to copy the trades of popular investors on the platform.

You can, of course, use any trusted crypto exchange for this, the steps will be very similar for most exchanges.

Let’s get started!

2. Sign up with the trading platform

The first thing to do is to sign up with the platform.

Sign Up with eToro

Once you’ve completed the initial sign up process, you’ll have to go through a quick verification process (also known as KYC).

3. Funding your account

Next up is funding your account. When it comes to depositing money to your eToro account, you have the option to use a bank transfer, PayPal, credit/debit card, and more.

4. Buy crypto

Finally, just go to the eToro Markets section, find the cryptocurrency you would like, and buy it.

And that’s it, it’s all pretty straightforward, now you know how to buy bitcoin or most other cryptocurrencies with CaixaBank.

Buy Crypto with eToro

 

 

About CaixaBank

CaixaBank, S.A., previously known as Criteria CaixaCorp, was a Spanish multinational financial service company. CaixaBank has its headquarters in Valencia and operative offices in Madrid, Spain. It is Spain's third largest lender in terms of market value, behind Banco Santander (BBVA) and Banco Santander. CaixaBank boasts 5,397 branches that serve its 15.8million customers. It also has the largest branch network in Spain. It is part of IBEX 35 and listed in Bolsa de Madrid.

The universal banking and insurance activities of La Caixa, together with its stakes in Repsol, the oil and gas company, and the telecommunications company Telefonica, make up the company. It also holds several other financial institutions.

In 2007, the firm was founded as Criteria CaixaCorp. This publicly traded vehicle allowed La Caixa to hold shareholdings and invest in industrial and financial service companies. The Criteria CaixaCorp's 2007 initial public offering was the largest ever in Spain. In January 2008, the company was promoted to IBEX 35 index.

After a 2011 restructuring of the group's companies, Criteria was renamed CaixaBank. This is where La Caixa's insurance and banking activities were merged. During the restructuring, Criteria's industrial stakes (including Grupo Port Aventura and Grupo Agbar, Gas Natural and Abertis), were transferred to Criteria CaixaHolding. 100% owned by La Caixa. [6] CaixaBank retained its stakes in Repsol YPF, Telefonica and all of its holdings at other financial service companies.

CaixaBank, which is a bank in Spain, announced on 26 March 2012 that it would merge with Banca Civica. Civica was valued at EUR977 millions. The bank that was created by the merger was the largest in Spain, and it was completed in the third quarter.

CaixaBank announced on 27 November 2012 that it would buy Banco de Valencia, a nationalized bank. This was after the FROB (Spanish bank restructuring fund) injects EUR4.5 million into Banco de Valencia. For a period of ten year, the FROB assumed losses up to 72.5% in certain assets owned by Banco de Valencia.

CaixaBank approved, 26 September 2013, the sale of Servihabitat, its real estate unit to a joint venture of the bank and Texas Pacific Group (TPG), at an initial price EUR310 million. CaixaBank's parent, financial group La Caixa said that it expected to make capital gains of EUR317 millions from the sale.

CaixaBank's Board of Directors elected Gonzalo Gortazar to be their new CEO in June 2014. Juan Maria Nin, the Deputy Chairman and CEO, resigned. Gonzalo Gortazar, his CEO for the first time since becoming CEO, stated that there are many priorities for CaixaBank. First, we have to deal with the last leg of the crisis. We want to normalize our balance sheet, and we want normalized funding costs."

The bank announced on 6 October 2017 that it would move its legal domicile to Valencia in response to political uncertainty. The bank also decided to move its fiscal domicile from Catalonia a few days later.

CaixaBank was and Bankia confirmed their intention to merge on September 4, 2020. With a combined value of EUR650 billion, the merger would make Spain's largest domestic bank.

Fund for Orderly Bank Restructuring, a Spanish bank bailout program and reconstruction program that was initiated in June 2009 by the Spanish government, facilitated CaixaBank's merger with Banco de Valencia on the 27th of November 2012.

CaixaBank, which competes with Banco Santander SA's 4,752 Spanish branches announced that it will be undergoing a "gradual proces" to adjust its branch networks. This was on the 9th of January 2013.

CaixaBank SA bought 13.1 billion pesos worth of shares in Grupo Financero Inbursa SA to boost trading in the Mexican lender owned by billionaire Carlos Slim, and to replenish funds lost during Spain's property crash.

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