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How to Buy Crypto with Habib Metropolitan Bank in Pakistan

Last updated on November 12, 2023

Quick Summary: While Habib Metropolitan 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 Pakistan cryptocurrency exchanges to pick from, but we suggest using the Binance.

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.

Habib Metropolitan Bank Homepage

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

There are a large number of cryptocurrency exchanges that you can use to buy Bitcoin and other cryptocurrencies.

Once you’ve signed up to a crypto exchange (in our example I’ll be using Binance as it’s a highly trusted and global exchange), you can easily move money from your bank account to the trading platform., and exchange it for a variety of cryptocurrencies.

How to buy crypto or bitcoin with Habib Metro Bank

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

1. Pick a crypto trading platform

As mentioned above, I’ll be using Binance 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 Binance

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 Binance 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 Habib Metropolitan Bank.

Buy Crypto With Binance

About Habib Metropolitan Bank

HABIBMETRO Bank was incorporated in Pakistan as a Public Listed Company in 1992.

HABIBMETRO is a renowned trade finance bank which currently has more than 490 branches (including 60 specially Islamic branches as well as 242 Islamic windows and an offshore bank in the Karachi Export Processing Zone) in more than 190 towns across Pakistan.

The Bank serves customers across commercial, corporate, and Islamic segments by offering a range of financial services that are based on technology that include 24/7 banking services like mobile and online banking in addition to an extensive network of 510+ ATMs across the nation.

HABIBMETRO was recognized as a ‘Leading Partnership Bank in Pakistan in the Asian Development Bank in 2015 as well as 2016, the year 2020, and in 2021. The Bank also won an award for the Upcoming Islamic Banking Window as well as the Best Islamic Banking Brand awards from the Global Islamic Finance Awards (GIFA) in 2016 and 2020 and 2021, respectively. The Bank was also awarded an award for the best Bank (Mid-Sized) distinction at CFA Excellence Awards 2021 and 2021’s The Best Operating Bank within MENA from IFC.

For the past 21 years The Bank has been rated as AA+ (Double A Plus) for the long-term as well as A1+ (A one plus) for the short-term through the Pakistan Credit Rating Agency Limited (PACRA).

HABIBMETRO is an affiliate to Habib Bank AG Zurich, an international bank group which has an international presence in 10 countries spread across four continents.

Habib Bank AG Zurich (HBZ) is the heir of an extensive history of banking and commerce dating from 1841. HBZ was founded as a bank in Switzerland in 1967, and celebrated 50 years of bank operations in 2017.