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How to Buy Crypto with Sindh Bank in Pakistan

Last updated on November 12, 2023

Quick Summary: While Sindh 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.

Sindh Bank Homepage

As mentioned in my quick summary, like most Pakistan banks, Sindh 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.

There are a large number of crypto 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 Sindh Bank

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

1. Pick a cryptocurrency exchange

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 crypto

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 Sindh Bank.

Buy Crypto With Binance

About Sindh Bank

The Sindh Bank Limited is a Pakistani scheduled bank that is headquartered in Karachi. It has more than 350 branches spread across 169 cities. It was established as a bank owned by the state which offers microfinance loans, as well as various banking products.

Sindh Bank launched its new website on June 1, 2020.

Sindh Bank Limited was established on the 29th October in 2010 with the seed capital at Rs.10 billion, which was wholly financed through Sindh’s Government of Sindh.

It began full-scale banking in April of 2011 and, within only seven years, it was recognized among the fastest-growing commercial banking institutions in Pakistan with online branches that span across 169 cities and towns of Pakistan. From the 330 branches, 14 are exclusively dedicated specifically to Islamic Banking. Administratively the branches are spread across three geographic zones: North, comprising 124 branches located in Punjab, Islamabad, KPK, AJK and Gilgit; South with branches of 109 located in Karachi and Baluchistan as well as Sindh Rural comprising 97 branches.