Summary: Banks generally don’t offer crypto trading as part of their platform due to the regulations and complexities that come with setting up a cryptocurrency exchange. However, that doesn’t mean you can’t use your N26 Bank account to buy crypto.
All you need is a reliable and trusted cryptocurrency trading platform. We recommend using eToro as it’s a very well-known exchange (rated 4.2/5 with over 15000 reviews) with a good amount of cryptocurrencies to choose from and great support.
How to buy crypto or bitcoin with N26 Bank
As stated above, just like with the vast majority of banks, you can’t buy crypto with N26 Bank on their platform. At the time of writing, banks aren’t implementing crypto trading platforms yet, seemingly because of the extra regulations they need to adhere to, in addition to other complexities when it comes to setting up a cryptocurrency trading platform.
However, luckily for us, there are plenty of crypto trading platforms to choose from that you can use to buy bitcoin or any other cryptocurrency you might want.
1. Choose a cryptocurrency exchange
While there are a lot of crypto exchanges, it can get a bit tricky comparing them all as they all offer very similar features. The differentiating factors are mainly fees, the amount of digital assets to choose from, and any special features that the other exchanges don’t have.
The reason we recommend going with eToro is that they have a great combo of global reach (a lot of exchanges only work within specific GEOs), competitive fees, and a few very neat features (like “Copy Trading”, which allows you to copy the trades of other investors on the platform).
Let’s get into it!
2. Create an account on the exchange
The first thing to do is to create an account on the exchange and go through the required verification processes, which should go very smoothly as they’ve got it all streamlined.
3. Transfer funds into the account
Transferring funds from your N26 Bank account is also pretty easy as eToro supports bank transfer, PayPal, credit/debit card, and a few more deposit methods.
4. Buy cryptocurrency
Once the funds are in the account, you can navigate to their markets section, choose your cryptocurrency and hit the buy/trade button.
And that’s it, you now have some crypto, congratulations!
About N26 Bank
N26, which was formerly known as Number 26 from July 2016, is a German neobank that is headquartered in Berlin. N26 was created in Munich by a Rocket Internet Incubator. It is currently active in many member countries of the Single Euro Payments Association (SEPA). It offers a basic current account, a debit card and an overdraft. There are also investment and premium products available.
Maximilian Tayenthal, Valentin Stalf, and Maximilian Tayenthal founded the company as a financial startup in 2013.  Its name comes from the 26 smaller Rubik’s Cube cubes. N26 received EUR10,000,000 in a series A round from Valar Ventures, April 2015. Peter Thiel (the co-founder of PayPal), co-founded Valar Ventures.
Number 26 began operations in the beginning without a banking licence. Instead, it was provided with an interface to Wirecard's back end. After receiving its own banking license from BaFin, it was rebranded to N26 Bank in July 2016.
N26 notified customers that their accounts would be shut down in June 2016. According to N26, customers were being charged with money laundering for making too many ATM withdrawals.
N26 Bank asked customers to transfer their accounts to its infrastructure in November 2016. They would then need a new IBAN number to transfer their accounts, and all existing Wirecard accounts would be cancelled. N26 customers took to the internet to report different problems as they transferred their customer base from Wirecard to its banking infrastructure.
N26 declared that 17 Eurozone members would be able to access its basic current accounts in December 2016.
N26 raised $160 Million in a series C round led by Tencent Holdings, a Chinese internet giant, and Allianz X (Allianz). N26 claimed an 850,000 customer base on the same date. The goal is to reach 5,000,000 customers by 2020.