How to Buy Crypto with UniCredit

Can You Buy Bitcoin with UniCredit?

Yes, UniCredit allows customers to buy Bitcoin and other cryptocurrencies by enabling transfers to regulated exchanges in Italy. These exchanges operate under the oversight of the Organismo Agenti e Mediatori (OAM). Customers can fund their crypto exchange accounts in Euros using methods such as IBAN, bank transfers, card payments and more.

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How to Buy Crypto with UniCredit

Investing in cryptocurrency with UniCredit is easy when using regulated exchanges like Kraken, which is licensed by Italy’s Organismo Agenti e Mediatori (OAM) under Registration No. PSV35. Kraken supports over 280 crypto assets and supports deposits in Euros (EUR) through bank transfers, cards, Google Pay and other methods.

Here’s a quick guide to buying crypto with UniCredit on Kraken:

1. Create an Account: Go to Kraken’s website, sign up, and complete the identity verification process.
2. Deposit Euros: In the 'Funding' section of Kraken, select an available deposit method. Transfer Euros from your UniCredit account to fund your Kraken wallet.
3. Select a Cryptocurrency: Once your deposit is confirmed, explore the platform to find the cryptocurrency you wish to buy. Make sure to choose Euro (EUR) as your currency.
4. Complete the Purchase: Enter the amount of crypto you want to buy, review the details, and finalize the trade.

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What are the Fees?

When using UniCredit to buy crypto on Kraken, you’ll face fees for deposits, trading, and withdrawals. SEPA Euro deposits are free, keeping initial costs low.

Spot trading fees start at 0.16%, while futures trading ranges from 0.02% for makers to 0.05% for takers. This is much lower than popular retail exchanges like Coinbase, where fees can hit 2%.

Always check withdrawal fees before moving your crypto, as they vary by asset.

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UniCredit Cryptocurrency Policy

UniCredit supports cryptocurrency transactions in line with Italy’s regulatory framework, specifically the rules set by the Organismo Agenti e Mediatori (OAM). This ensures secure, legal transfers to regulated exchanges, while adhering to KYC and AML standards.

UniCredit’s approach embraces crypto's potential while maintaining strict risk management. The bank also aligns with the upcoming EU-wide Markets in Crypto-Assets Regulation (MiCAR), further reinforcing its commitment to safe and compliant crypto operations.

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About UniCredit

UniCredit is a major European bank with a strong presence across 13 countries, known for its wide range of financial services, including personal and corporate banking. As a crypto-friendly institution, UniCredit does not block customers from engaging in the digital asset class, making it appealing to crypto investors.

With products like the customizable My Genius account and the digital Buddybank, UniCredit focuses on flexible, user-friendly banking solutions tailored to modern needs.

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Bottom Line

UniCredit makes it simple for customers to buy Bitcoin and other crypto through regulated exchanges like Kraken. With strong compliance under Italy’s OAM and upcoming MiCAR regulations, it ensures secure, legal transactions.

Fees are competitive, and depositing Euros is straightforward, giving you easy access to the crypto market.