• Home
  • /
  • Banks
  • /
  • How to Buy Crypto with Bangladesh Krishi Bank

How to Buy Crypto with Bangladesh Krishi Bank

Last updated on November 12, 2023

Quick Summary: While Bangladesh Krishi Bank does not offer cryptocurrency trading through its own platform, you can make use of your account to purchase crypto through a third-party exchange.

There are a lot of Bangladesh cryptocurrency exchanges to pick from, but we suggest using the eToro exchange.

They offer the majority of most well-known cryptocurrencies and are simple to use. They have lots of advanced features but are also great for beginners.

5/5

11,029 5-star reviews on Trustpilot

Bangladesh Krishi Bank Homepage

As mentioned in my quick summary, like most Bangladesh banks, Bangladesh Krishi Bank doesn’t allow users to trade cryptocurrency directly on their platform, due to the complexities with setting up a cryptocurrency trading platform and comes with regulations and extra work for the banks.

Thankfully there are many cryptocurrency exchanges to pick from that allow you to buy Bitcoin and other cryptocurrencies.

Next you’ll want to sign up to an exchange (for this short guide I’ll use eToro as it’s a global and widely used exchange) and deposit funds so you can start trading crypto.

How to buy crypto or bitcoin with Bangladesh Krishi Bank

Let’s get started! Just follow our 4 quick steps.

1. Pick a cryptocurrency exchange

As mentioned above, I’ll be using eToro for this guide as they are a widely used exchange and have a huge range of cryptocurrencies to choose from. It’s also one of the best exchanges for beginners and allows more advanced features when you get more comfortable with trading.

The steps in this guide should be similar for most trusted crypto exchanges, so feel free to use whichever you end up going with.

Let’s get started!

2. Create account with the trading platform

You’ll first need to create an account if you haven’t already, you can do using this quick link below.

Sign Up With eToro

Once you’ve filled out the basic information you’ll be asked for KYC (Know Your Customer) information, this is normal for crypto exchanges to stop any bad activity. This will often be called the “verification” process.

3. Fund your account

Next, you’ll need to add funds to your account using any of their deposit methods. For eToro there are many options such as bank transfer, PayPal, credit/debit card, and many more.

4. Buy cryptocurrency

Lastly, you’ll need to go to the “trade” section, this will differ for each exchange but it will usually have some variation of this.

It’s that easy! You’ve now got the tools to buy your first cryptocurrency with Bangladesh Krishi Bank.

Buy Crypto With eToro

About Bangladesh Krishi Bank

Bangladesh Krishi Bank is a 100% owned by the government of Bangladesh created in 1973. The primary goal that the bank serves is offer assistance to farmers and the agricultural industries. Rajshahi Krishi Unnayan Bank is the only state-owned agricultural banks in Bangladesh.

Bangladesh Krishi Bank, the largest bank specialized in this country was founded pursuant to the President’s Order No. 27 of 1973 in order to finance the agricultural risk and uncertainty that is a result of climate change. sector. Bangladesh Krishi Bank (BKB) is a bank that performs a variety of banking transactions, including deposit as well as foreign exchange and loan transactions.

Nearly 292 of 1032 branches are online , and with 388 automated branches, it can deliver foreign money that are received from expatriates from all countries to beloved relatives’ homes quickly.

It provides 24/7 banking services in Dhaka, Chittagong, Sylhet, Khulna and Mymensingh divisional city via its six ATM kiosks. Apart from the bank’s ATM booths, BKB Debit Card can easily be used to withdraw cash from ATMs at any bank as well as from any other Point Of Sales for shopping.

Krishi Bank’s mobile banking service “Bangla Cash will begin in the near future as part of Mobile Financial Services (MFS). Bangladesh Krishi Bank is steps ahead in digitalization to provide top of the line banking services.