How to Buy Crypto with Nubank

Can I Buy Bitcoin with Nubank?

Yes, Nubank customers can purchase Bitcoin through Brazilian crypto exchanges regulated by the Central Bank of Brazil. While the bank does not offer direct digital currency trading services, users can transfer Brazilian Reais (BRL) to licensed investment platforms. Customers can deposit funds using bank transfers and cards, making the process straightforward.

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How to Buy Crypto with Nubank

‍Nubank users looking to invest in digital assets should use an exchange regulated by the Central Bank of Brazil. Bybit is a highly recommended platform that adheres to Brazilian regulations and offers attractive fees. It provides access to over 1,200 cryptocurrencies and supports free BRL deposits through Pix, bank transfers, credit cards, debit cards, Apple Pay and more.

Start trading crypto with Nubank on Bybit with these steps:

1. Create an Account: Visit Bybit's platform and sign up for a new account.
2. Deposit Funds: Once your account is verified, add funds by navigating to the ‘Buy Crypto’ section and selecting your preferred deposit method.
3. Select Asset: Choose your desired token and select ‘BRL’ as your deposit currency.‍
4. Complete the Investment: Specify the amount you wish to invest in BRL and finalize your transaction.

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What are the Fees?

For Nubank customers new to cryptocurrency investing, it is important to understand the different fees involved when using an exchange. These include charges for depositing funds, executing trades, and withdrawing money. Trading fees on most platforms range from 1% to 2%.

Bybit is an excellent choice for Nubank users due to its competitive trading fees, which start at around 0.1% for spot trading. This is significantly lower than platforms like Coinbase, which can charge up to 2%. Bybit also offers free BRL deposit options through Pix, bank transfers and card payments.

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Is Nubank Crypto-Friendly?

Yes, Nubank supports cryptocurrency transactions and provides educational resources to help customers understand digital assets. Users can transfer funds to exchanges regulated by the Central Bank of Brazil or other reputable global financial authorities, allowing them to invest in crypto while adhering to strict regulations.

Nubank does not impose specific limits on the amount you can spend on digital currency purchases through their service. However, it is important to verify that the chosen exchange accepts transfers from Nubank. 

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About Nubank

Nubank is a prominent Brazilian fintech company known for its digital banking solutions. Founded in 2013, it offers the NuConta digital account, the fee-free Nu credit card, and the NuInvest investment platform. Its mobile app allows users to manage finances, pay bills, and make transfers. Its focus on transparency and low fees has transformed banking in Latin America, attracting millions of users.

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Bottom Line

In conclusion, Nubank provides a secure way for customers to buy cryptocurrency by transferring funds to regulated exchanges like Bybit. Bybit offers competitive fees, Portuguese-speaking customer support, a multilingual interface, multiple BRL deposit methods and supports over 1,200 cryptocurrencies, making it ideal for Nubank users.