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How to Buy Crypto with Zarai Taraqiati Bank in Pakistan

Last updated on November 12, 2023

Quick Summary: While Zarai Taraqiati 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.

Zarai Taraqiati Bank Homepage

As mentioned in my quick summary, like most Pakistan banks, Zarai Taraqiati 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 trading platforms 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 ZTBL

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

1. Pick a cryptocurrency 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 Zarai Taraqiati Bank.

Buy Crypto With Binance

About Zarai Taraqiati Bank

It is Zarai Taraqiati Bank Limited (ZTBL) was previously named Agricultural Development Bank of Pakistan it is a Pakistani agriculture development institution owned by the government located within Islamabad, Pakistan. It was established in 1961 as an agricultural development bank and later rebranded in 2002 to Zarai Taraqiati Bank Limited (ZTBL) in 2002. It later registered into a publicly-owned corporation in 2002 , under the Companies Ordinance 1984.

The bank offers credit for agriculture along with banking and other services for farmers throughout the nation. It is the biggest institution of finance in the country.

Agricultural Development Finance Corporation was established in 1952 as a result of an Central Act for the purpose of expanding financial facilities and encouraging an increase in the Development and Modernization of Agriculture in Pakistan. In 1957 the Agricultural Bank of Pakistan was established , which provided both long and short-term loans. The two institutions were combined to form the Agricultural Development Bank of Pakistan in February of 1961. In December of 2002 the Federal Government converted the Agricultural Development Bank of Pakistan (ADBP) into Zarai Taraqiati Bank Ltd (ZTBL). The new structure of the corporation changed the banks’ structure to one company limited by shares with an independent Board of Directors.

Zarai Taraqiati Bank (ZTBL) has been registered as a company under Companies Ordinance 1984. All assets as well as liabilities and procedures have been transferred and transferred to Zari Taraqiati Bank with effect on December 14, 2002.

Services and products comprise Supervised Agricultural Credit Scheme, Deposits (Fixed and Saving) Current Accounts, Zarai Bachaat Scheme, ZTBL Junior Account, Rozana Bachat A/C. ) as well as loans schemes( Production Loan Schemes ), Development Loan Schemes Crop loan Insurance, Model Village Establishment, Locker Facility ( Small Medium and large ), UPaisa (Branchless Banking facility), Treasury, Home Remittance (Western Union, Xpress Money and some other companies that are more than 40 ), Hajj applications, One Window Operation, Revolving Finance Scheme (RFS)/Sada Bahar Scheme (SBS), Crop Maximization Project.