Guide to the crypto service offered by N26

N26, one of the leading digital banks in Europe, offers its customers the possibility to buy and sell crypto directly from its app. 

This feature, developed in collaboration with Bitpanda, allows access to a wide range of digital assets without having to use external platforms. In this guide, we will explore how the service works, the advantages, and the limitations for users interested in the world of crypto.

How does crypto trading work on N26?

N26 allows its customers to easily access the crypto market. Here are the main steps to get started:

1. Access to the N26 app: open the N26 app and access the “Finanze” section, where you will find an option dedicated to trading.
2. Exploration of crypto: you can view a list of available crypto, including Bitcoin, Ethereum, Solana, and many others. The app also provides information on the current price and market trend.
3. Purchase and sale: select the crypto you wish to purchase or sell. Before confirmation, the applicable fees and the value of the transaction will be shown to you.
4. Integrated management: the crypto purchased will be visible alongside your traditional balances, simplifying the management of your financial portfolio.

Which crypto are available?

Thanks to the collaboration with Bitpanda, N26 offers access to over 350 crypto, including:

• Bitcoin (BTC)
• Ethereum (ETH)
• Solana (SOL)
• Cardano (ADA)
• Other popular altcoins

N26 applies competitive trading fees, which vary based on the type of crypto and the customer’s plan:

• Bitcoin: 1.5% for standard customers, 1% for N26 Metal account holders.
• Other crypto: 2.5% for standard customers, 2% for N26 Metal accounts.

Metal clients can benefit from reduced fees up to a monthly volume of 5,000 euros; beyond this threshold, standard rates apply.

Advantages of the N26 crypto service

1. Simplified access: all you need is the N26 app, without the need to create accounts on external platforms.
2. Intuitive interface: ideal for beginners who wish to explore the bull and bear crypto market.
3. Transparency of fees: all costs are clearly indicated before the confirmation of transactions.
4. Centralized management: crypto are integrated into your N26 portfolio, along with your traditional accounts.

Limits and Considerations

• No support for external wallets: the crypto purchased through N26 cannot be transferred to personal wallets or other platforms.
• Market risks: cryptocurrencies are highly volatile and subject to significant fluctuations. Investments should be made with caution.

Crypto trading via N26 was initially launched in Austria and subsequently extended to selected markets such as Belgium, Ireland, and Portugal. The service is in the process of expanding, with the goal of covering more and more European countries.

N26, with its integrated service, offers a practical and intuitive solution for those who wish to access the market without leaving the digital banking ecosystem. Thanks to the collaboration with Bitpanda, customers can explore a wide range of digital assets with transparent costs and a user-friendly interface.