Is N26 crypto friendly?
Partly. You can buy and sell crypto inside the app through Bitpanda, but nothing moves in or out, and N26 publishes no rule either way on transfers to outside exchanges.
CBL Score: 6 of 16
| Criterion | Score | Source |
|---|---|---|
| Accepts exchange transfers | no (0) | source · checked 8 September 2026 |
| Stablecoin off-ramp | no (0) | source · checked 8 September 2026 |
| Business accounts for Web3 | no (0) | source · checked 8 September 2026 |
| Custody | partial (1) | source · checked 8 September 2026 |
| Staking and yield | no (0) | source · checked 8 September 2026 |
| Card | yes (2) | source · checked 8 September 2026 |
| Multiple jurisdictions | partial (1) | source · checked 8 September 2026 |
| Open to retail | yes (2) | source · checked 8 September 2026 |
Total 6 of 16. Yes scores 2, partial 1, no 0. A secondary source is press or a third party rather than the bank or its regulator. Unverified means no source could be found; the score stands until one is.
Standing
| Jurisdiction | Germany · EEA |
| Type | Neobank |
| Health tag | Watch Two BaFin anti-money-laundering fines. The growth cap was only lifted in June 2024. · checked 26 August 2026 |
| P2P tolerance | Mixed A documented history of automated AML blocks, including wrongful mass closures in 2022. In-app Bitpanda cash-outs are smooth; inbound transfers from strangers are the trigger. · community-reported, separate from the score 23 September 2026, CBL editor: closure notice followed a history of peer-to-peer transfers with private individuals. |
| Last verified | 8 September 2026 |
If they close your account
Closure policy: Silent
| Notice | Two months for ordinary termination without stating reasons (paragraph 19.1 of the terms). 14 days for named breaches such as business use of a personal account, false information in a routine check, or abuse of staff. Immediate for serious breaches such as false statements about financial position. |
| Reasons given | No. The policy says reasons are not given |
| Access to funds | During the notice period outgoing transfers and card payments work; incoming transfers are blocked (closure notice, 22 Sept 2026). After closure, payout only to a SEPA account in the customer's own name, after the customer sends a payslip, bank letter or statement and a written payout instruction. Negative balances go to a debt collection agency five business days after closure. |
| Appeal | None inside N26. Its support page states customer service cannot provide information about the background of individual terminations and cannot reverse the decision. External routes: the ombudsman scheme named in N26's terms, and a complaint to BaFin. |
| Names crypto as a ground for closure | no |
Sources: N26 support, Konto durch N26 geschlossen · official, checked 23 September 2026
N26 closure notice received by CBL's editor, 22 Sept 2026 (not published) · primary document, 22 September 2026
A closure usually starts as a freeze. The Frozen Account Survival Kit covers the first 48 hours. Every bank side by side: which banks tell you why they closed your account.
Reported closures: 1 (1 verified). Community-reported, separate from the closure tag. Report a closed account
Reported closures
| 22 September 2026 closure notice | Account closure notice under paragraph 19.1, two months' notice to 24 Nov 2026. Reason given: none; the letter cites "irregularities" after a "routine review". During notice: outgoing transfers and card allowed, incoming transfers blocked. Payout after closure only to a SEPA account in the customer's name after document checks. Source: closure notice received by CBL's editor, 22 Sept 2026 (primary document, not published) · Read the letter, decoded, in The Teller |
Reported closures are dated documents seen by CBL. They sit outside the CBL Score and the Health tag.
What N26 allows and blocks
Allowed
- Buying, selling and swapping crypto inside the N26 app, with Bitpanda executing the orders and holding the coins
- N26 Crypto for customers in Germany, France, Spain, Austria, Belgium, Ireland and Portugal
- Orders from 1 euro, up to 50,000 euros a day on a personal account and 100,000 euros a day on a business account, with a cap of 200 trades in 24 hours
- Stop-loss orders, coin-to-coin swaps at a 30 percent fee discount, and recurring investment plans
- N26 Bank SE holds its own MiCA authorisation for receiving and transmitting crypto orders, passported across the EU
- Self-employed customers on a business account can use N26 Crypto
Blocked or restricted
- No transfer of crypto to an external wallet, and no way to receive crypto from outside. The terms say the service does not support any crypto-asset transfer service
- N26 does not custody anything itself. Bitpanda GmbH in Austria holds the coins in a cold wallet and the customer never sees the private keys
- Leaving the service means selling first. A termination only takes effect once the coins are sold, and if you do not tell Bitpanda what to do it can sell them and send you the proceeds less costs
- No business accounts for companies. N26 Business is for self-employed people trading under their own name, so a crypto firm with a GmbH or similar cannot bank here
- US persons are excluded from N26 Crypto
- No staking, lending or yield on crypto appears anywhere in N26's crypto documents
- The Metal fee discount stops after 5,000 euros of order value a month
The Fine Print
- N26 is not your crypto provider: it only supplies the in-app window, while Bitpanda executes, holds and custodies everything, each liable only for its own slice.
- A closed loop by design: transfers to external wallets, or to you directly, are generally not possible. Buy, hold, sell, that is it.
- They can sell you out on exit: leave without selling within the notice period and Bitpanda may sell your assets for you, unless you actively object in time.
- Your crypto secures your overdraft: N26 holds a lien over your crypto claims and can sell them to cover what you owe, no court order needed.
- Liability capped at EUR 10,000 in most cases, and only the German documents are legally binding, the English version is a courtesy.
Opening an account
- Personal accounts are open to residents aged 18 or over in 23 countries: Austria, Belgium, Denmark, Estonia, Finland, France (not DOM/TOM), Germany, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland.
- Identity is checked in the app by photo ID plus selfie or by a short video call, in English, German, Spanish, Italian or French. German residents with an eID get a fast track. Spain asks for a tax ID.
- One account per person. You cannot hold a personal and a business account at the same time. There is no opening fee and no minimum deposit on the free Standard plan; N26 does not publish an expected time to open.
- N26 Crypto needs a separate sign-up inside the app with questions on the origin of funds, and Bitpanda can ask for bank statements or contracts to prove it. It is only offered in seven of the 23 countries.
- Typical rejections: an ID type N26 cannot read, a home country off the list, an existing N26 account, a failed creditworthiness check (Germany offers N26 Flex instead), and US persons for the crypto service.
Fees that matter
- Plans: Standard free, Smart 4.90 euros, Go 9.90 euros, Metal 16.90 euros a month.
- Crypto trading fee: 1.5 percent on Bitcoin, 2.5 percent on other coins, 3.5 percent on low-liquidity coins. Metal pays 1 percent and 2 percent on the first 5,000 euros of orders each month. Swaps cost 2.8 percent Bitcoin-to-altcoin and 3.5 percent altcoin-to-altcoin (2.1 and 2.8 percent on Metal). Bitpanda sets the price and may add a spread on top.
- There is no crypto withdrawal fee because withdrawals do not exist.
- Card: worldwide card payments are free on every plan. Euro ATM withdrawals are free 2, 3, 5 or 8 times a month by plan, and non-euro withdrawals cost 1.7 percent on Standard and Smart, free on Go and Metal.
Regulatory history
| 2021 | BaFin fined N26 4.25 million euros in June for late suspicious activity reports, then in November capped new customers at 50,000 a month and appointed a special representative over weak risk management. source |
| 2024 | BaFin fined N26 9.2 million euros on 21 May for systematically late suspicious activity reports during 2022. The growth cap was lifted from 1 June 2024, with the special representative staying on until the end of the year. source |
| 2025 | N26 Bank SE gained a MiCA authorisation from BaFin in May for receiving and transmitting crypto orders. In December BaFin appointed a new special representative, imposed a capital add-on and banned new Dutch mortgage lending after a special audit found poor risk and complaint management. A 15,000 euro fine over an undisclosed board loan became final in April. source |
See a mistake? Email hi@cryptobanklist.com. Every factual correction is logged on our corrections page.
Questions about N26
Does N26 let me send money to Kraken or Coinbase?
N26 publishes no rule on it. Its help articles on why accounts get closed or blocked never mention crypto exchanges, and third-party guides describe SEPA deposits from N26 to Kraken and Binance as routine. What N26 does have is a record of automated anti-money-laundering blocks, including more than 100 accounts wrongly closed in April 2022, so large or unusual inbound transfers are the thing to watch.
Can I withdraw crypto from N26 to my own wallet?
No. N26 Crypto is a closed loop. The terms say the service supports no crypto-asset transfer services, so you cannot send coins out to a wallet or another exchange, and you cannot deposit coins from outside. Bitpanda holds everything in a cold wallet on your behalf.
What does N26 charge to buy Bitcoin?
1.5 percent of the order value on Bitcoin and 2.5 percent on other coins, rising to 3.5 percent for thinly traded ones. Metal members pay 1 percent and 2 percent on their first 5,000 euros of orders each month. Bitpanda sets the price shown in the app and may build in a spread.
Can a crypto company open an N26 business account?
No. N26 Business only serves self-employed people trading under their own name, and the company name cannot appear on the account. A crypto exchange, custodian or token issuer set up as a company has to look elsewhere.
Closest alternatives
Yes for individuals, with the deepest crypto stack of any app-bank. No for crypto businesses.12/16Bunq
Yes for retail through the Kraken-powered bunq Crypto tab, and for licensed CASPs on a fiat-only business account. Coins cannot leave the app.