How to Buy Crypto with Boursorama

Can I Buy Bitcoin with Boursorama?

Yes, Boursorama allows its customers to buy Bitcoin and other cryptocurrencies. While Boursorama doesn't directly offer crypto trading services, it enables fund transfers to regulated exchanges in France that comply with the Autorité des Marchés Financiers (AMF) regulations. Investors can fund accounts using methods like IBAN, bank transfers, cards and more.

‍

How to Buy Crypto with Boursorama

Boursorama Banque customers can easily buy digital assets using regulated platforms like Kraken, a registered Crypto Asset Service Provider (CASP). Kraken supports instant Euro (EUR) deposits via SEPA/IBAN, bank transfers, debit/credit cards, Apple Pay, and Google Pay to trade and stake over 280 digital assets.

Here’s a quick guide to buying crypto with Boursorama via Kraken:

1. Create Your Account: Visit Kraken and sign up. Complete the identity verification (KYC) process.
2. Deposit Euros: Go to the ‘Funding’ section on Kraken. Choose a deposit method to transfer funds from your Boursorama account.
3. Choose Your Crypto: After your funds arrive, browse Kraken’s options, select the cryptocurrency you want, and ensure your currency is set to EUR.
4. Make Your Purchase: Enter the amount, review all details, and confirm the transaction to finalize your trade.

‍

What are the Fees?

Understanding fees is key when buying crypto. Typically, you’ll face charges for deposits, trades, and withdrawals. For Boursorama users, Kraken offers an advantage with no fees on Euro deposits via SEPA and IBAN bank transfers.

Kraken’s spot trading fees are low, starting at 0.16%. Futures fees range from 0.02% for makers to 0.05% for takers, much lower than Coinbase, where fees can exceed 2%.

Keep in mind, withdrawal fees depend on the specific crypto, so it’s smart to check those beforehand to avoid surprises.

‍

Boursorama Cryptocurrency Policy

Boursorama allows customers to transfer funds to crypto exchanges registered as Crypto Asset Service Providers (CASPs) with the AMF. France is transitioning to the EU’s Markets in Crypto-Assets (MiCA) regulations, which will replace the current rules by January 2025.

Starting December 30, 2024, firms offering crypto services will need CASP authorization, enforcing stricter rules on AML, cybersecurity, and operations. MiCA will give authorized firms a European “passport” to operate across the EU. 

The Autorité des Marchés Financiers advises early preparation for the switch. Firms currently registered under the PACTE law must comply with CASP regulations by July 1, 2026.

‍

About Boursorama

Boursorama is a top French online bank offering low-fee services through the Boursorama Banque app and Ultim and Welcome accounts. While it doesn't provide crypto wallets or investing options, it excels in global stock trading and access to the CAC 40 index. 

With savings, loans, insurance, and intuitive investing tools, Boursorama delivers a modern experience for managing personal finances, making it a go-to for those seeking comprehensive, tech-forward banking in France.

‍

Bottom Line

Boursorama makes it simple to invest in crypto through regulated exchanges like Kraken, offering instant Euro transfers with no deposit fees. While it doesn’t provide direct crypto services, it doesn’t block investors from moving funds to compliant platforms.

Before you start, review exchange fees to ensure they fit your trading strategy, and stay informed on upcoming MiCA regulations for a safe experience.