common-close-0
BYDFi
Trade wherever you are!

Can I use Tangerine Bank to invest in cryptocurrencies?

avatarArpan RoyDec 25, 2021 · 3 years ago3 answers

Is it possible to use Tangerine Bank, a popular Canadian bank, for investing in cryptocurrencies? I'm interested in diversifying my investment portfolio and considering cryptocurrencies as an option. Can Tangerine Bank provide the necessary services and support for investing in digital currencies?

Can I use Tangerine Bank to invest in cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Unfortunately, Tangerine Bank does not currently offer direct support for investing in cryptocurrencies. As a traditional bank, their services primarily focus on traditional banking products such as savings accounts, mortgages, and personal loans. If you're specifically looking to invest in cryptocurrencies, you may need to explore other options such as cryptocurrency exchanges or investment platforms that specialize in digital assets.
  • avatarDec 25, 2021 · 3 years ago
    No, Tangerine Bank does not allow customers to invest in cryptocurrencies through their platform. They have not integrated any cryptocurrency trading or investment features into their banking services. If you're interested in investing in cryptocurrencies, you'll need to consider using a dedicated cryptocurrency exchange or investment platform that supports digital asset trading.
  • avatarDec 25, 2021 · 3 years ago
    While Tangerine Bank doesn't directly support cryptocurrency investments, you can still use their banking services to facilitate your cryptocurrency investments. You can link your Tangerine Bank account to a cryptocurrency exchange or investment platform that supports bank transfers. This way, you can transfer funds from your Tangerine Bank account to the exchange or platform and use those funds to invest in cryptocurrencies. Just make sure to do thorough research on the exchange or platform you choose to ensure its reliability and security.