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How to Buy Crypto with Trust Bank in Bangladesh

Last updated on November 12, 2023

Quick Summary: While Trust 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.

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Trust Bank Homepage

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

There are a large number of crypto trading platforms that you can use 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 Trust Bank

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

1. Pick a crypto 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 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 Trust Bank.

Buy Crypto With eToro

About Trust Bank

Trust Bank Limited is a private commercial bank that was established by the government of Bangladesh. It is supported by the Army Welfare Trust of Bangladesh Army. General SM Shafiuddin Ahmed the chief of the Bangladesh army is the chairman of the trust. It is among the top commercial banks that are privately owned and operated. It has branches in 114 and seven SME Service Centers, 244 ATM Booths as well as 140 POS across 114 branches throughout Bangladesh.

In 1999 1999, The Bangladesh Army Welfare Trust established Trust bank limited.

Since 2001, it has started an the branch banking system that was automated. The bank in 2005 launched ATM services for customers.

In January 2007 Trust Bank launched online banking services. Customers can now deposit and withdraw money at branches of Trust Bank nationwide without needing to open accounts at several branches. As of November 28, 2008, Trust Bank denied allegations made by Mahmudur Rahman, its chairman at the time Hasan Mashhud Chowdhury, was involved in laundering funds out of the company in the year 2002. Trust Bank announced 10 per cent dividends in 2008 during the 9th annual general assembly of the bank.

The Bank has opened a bank for merchants Wing in 2009.

The year 2020 saw the total net profit of the bank was 650 million taka.

On August 2, 2022 Trust Bank held its 23rd annual General Meeting online. The meeting was chaired by the vice-chairman for the bank Major General Md Moshfequr Rahman. The meeting was able to approve the 22.5 annual dividend. The bank entered into the agreement Bengal Commercial Bank Limited to facilitate money transfer via Ria Money Transfer. Trust Axiata Pay, also called TAP is a cash transfer service that is owned by Trust Bank Limited. TAP has a contract with Canteen Stores Department to process payments.