Last update: Jun 16, 2022

How to Buy Crypto with N26 Bank

Marco velaAuthor: Marco Vela - Fact-checked ✓

Summary: While N26 Bank doesn’t offer crypto trading on its own platform, you can easily use your account to buy crypto using a third-party crypto trading platform.

There are plenty of crypto exchanges to choose from, we recommend using eToro as the exchange to work with.

They have most of the popular cryptocurrencies available, are easy to work with, and have fantastic support!

Buy Crypto with eToro
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N26 bank

As mentioned above, just like most banks, N26 Bank doesn’t offer cryptocurrency trading directly, as setting up a crypto exchange is quite complex and comes with regulations and extra requirements for the banks.

There are many cryptocurrency exchanges that you can use for buying bitcoin and other cryptocurrencies.

You can sign up for an exchange (we will use eToro as our example because it is a trusted and worldwide exchange) and transfer funds to the exchange to trade crypto.

How to buy crypto or bitcoin with N26 Bank

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!

Etoro crypto

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).

Etoro sign up

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 cryptocurrency

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 N26 Bank.

Buy Crypto with eToro



About N26 Bank

N26, also known as Number 26, is a German Neobank with its headquarters in Berlin. N26 was established in Munich as a Rocket Internet Incubator in 2013. It currently operates in several member states of Single Euro Payments Area (SEPA). You can get a basic current account free of charge and a debit-card, as well as investment and overdraft products. Premium accounts are available for an additional monthly fee.

Maximilian Tayenthal and Valentin Stalf founded the company in 2013 as a startup financial technology firm. [1] The company's name derives from the 26 smaller cubes that make up a complete Rubik’s Cube. N26 was awarded EUR10 million by Valar Ventures in a series-A round in April 2015. Peter Thiel, PayPal co-founder, co-founded Valar Ventures.

Number 26 was initially a non-banking license-holder. Instead, it was given an interface to Wirecard's backend. It was rebranded as N26 Bank in July 2016 after it received its own banking licence from BaFin.

N26 informed customers in June 2016 that their accounts would be closed. N26 cited two main reasons customers were withdrawing too much from ATMs and others were being suspected of laundering money.

Customers were asked to transfer their accounts into N26 Bank's infrastructure in November 2016. Customers would need to obtain a new account IBAN number and their existing Wirecard accounts would be closed. N26 customers used social media to report problems during the transfer of their customer base to its bank infrastructure.

N26 announced in December 2016 that 17 Eurozone countries would have access to its basic current account.

N26 secured $160 million from Chinese internet giant Tencent Holdings (Allianz X) in a series-C round. N26 also claimed 850,000 customers on the same day, and set a goal to have 5,000,000 customers by 2020.

N26 secured $300 million more in series D funding from Insight Venture Partners. This round was led by GIC, Singapore's sovereign wealth fund. A few other investors participated at a $2.7 billion valuation. N26 has overtaken Revolut as Europe's most valuable mobile bank with its $2.7 billion valuation.

N26 soft launched in the United States on 11 July 2019. Customers were initially allowed to sign up for a wait list. N26 joined forces with Axos Bank in order to provide its services, which are insured under FDIC. This was due to differences in the U.S. markets. N26 offers Visa cards to U.S. customers, unlike in Europe where they are provided through MasterCard. The company was valued at $3.5 billion by an additional $170M investment in its series D round. The company announced in May 2020 that it had extended its Series D round, raising an additional $100 million at the same valuation.

N26 declared on 11 February 2020 that it would cease business operations in the United Kingdom and will close all accounts as a result of the UK's withdrawal from the European Union. N26 cited the fact that European financial institutions cannot operate in the region unless they apply for a UK banking license (rather than being permitted to operate under their EU license) and the "timings and framework outlined by the EU Withdrawal Agreement".

N26 announced Adrienne Gormley, a former Dropbox executive, as its chief operating officer in September 2020. She replaces Martin Schilling, who left the company in March.

N26 GmbH and N26 Operations GmbH, subsidiaries of N26 GmbH, elected work councils to represent the employees at the Berlin offices.

N26 announced in November 2021 that they would be leaving the United States in January 2022. This will result in the closing of around 500,000 accounts. After January 11, 2022, American customers will not be able use the app. The strategic decision to concentrate on N26's core European business was the reason for the American market withdrawal.

According to N26 it employs over 1,500 people in its locations in Berlin and New York, Barcelona, Vienna, Vienna, Sao Paulo.

N26 offers a basic current account, a Debit MasterCard card and a Debit MasterCard to all customers. They also offer a Maestro card to customers in certain markets. Customers can also request investment and overdraft products. N26 also offers premium accounts, N26 You and N26 Steel, which provide additional features for an extra monthly fee.

You can open an account by video chat with IDnow, N26's partner in identity verification. Only certain ID cards and passport holders can verify their identity online. Others will need to visit a German Post Office if they are supported by Postident.

N26 provides its services in 22 European Countries.

Customers in Austria, Germany, and the Netherlands can also request a Maestro Card.

N26 in the UK closed its business in April 2020. They also announced in November 2021 that they would withdraw from the American market starting January 2022, closing all (approx. There are 500,000 accounts.

Some sections of the website and customer support are available in English, German and French regardless of where the customer lives.

Customers of N26 in many markets can use their smartphones to make in-store purchases. N26 supports Google Pay France, Belgium Germany, Ireland and Slovakia. It also supports Apple Pay Austria, Belgium Germany, Greece, Finland and France. As Apple Pay and Google Pay expand in N26's markets, additional countries will be added.


author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.