how to buy crypto with klarna

Klarna, leveraging its position as a BNPL leader, has forged alliances with major crypto exchanges, enabling users to leverage Klarna's flexible payment options to acquire a range of cryptocurrencies.

Feb 02, 2025 at 02:07 am

Key Points:

• Klarna's Integration into the Cryptocurrency Market
• Step-by-Step Guide to Buying Crypto with Klarna
• Choosing a Klarna-Compatible Crypto Exchange
• Verifying Your Klarna and Exchange Accounts
• Funding Your Klarna Account for Crypto Purchases
• Placing a Crypto Order with Klarna Payment
• Monitoring Your Crypto Investment with Klarna

How to Buy Crypto with Klarna

Klarna's Integration into the Cryptocurrency Market

Klarna, a leading Buy Now, Pay Later (BNPL) provider, has ventured into the cryptocurrency market by partnering with several crypto exchanges. This integration enables Klarna users to purchase cryptocurrencies using Klarna's flexible payment plans.

Step-by-Step Guide to Buying Crypto with Klarna

1. Choosing a Klarna-Compatible Crypto Exchange

Select a crypto exchange that supports Klarna payments. Notable exchanges that offer Klarna are:

• Bybit: A derivatives exchange with a wide range of cryptocurrencies and advanced trading features.
• Coinbase: An established and reputable exchange with a user-friendly platform.
• Binance: The world's largest cryptocurrency exchange with an extensive altcoin selection.

2. Verifying Your Klarna and Exchange Accounts

Before purchasing crypto with Klarna, you must verify your accounts on both the crypto exchange and Klarna. Provide necessary KYC documents and set up two-factor authentication (2FA) for enhanced security.

3. Funding Your Klarna Account for Crypto Purchases

Transfer funds to your Klarna account through a linked bank account, credit card, or debit card. Ensure that you have sufficient funds to cover the crypto purchase amount and any applicable fees.

4. Placing a Crypto Order with Klarna Payment

On the crypto exchange, navigate to the "Buy Crypto" section. Select Klarna as your payment method, enter the crypto amount you wish to purchase, and proceed with the transaction.

5. Monitoring Your Crypto Investment with Klarna

Once your crypto order is processed, Klarna will send you a notification. Track your crypto balance and transaction history within the Klarna app. You can also view your Klarna payment schedule and make payments online.

FAQs:

Can I buy any cryptocurrency with Klarna?

While Klarna partners with several crypto exchanges, the specific cryptocurrencies available for purchase may vary depending on the exchange.

Are there any fees associated with buying crypto with Klarna?

Crypto exchanges may charge trading fees, processing fees, or Klarna-specific fees for Klarna transactions. It is recommended to review the exchange's fee schedule before purchasing crypto.

How long does it take to receive crypto after purchasing it with Klarna?

Once your Klarna payment is processed, the crypto will be credited to your exchange wallet within a few minutes.

Can I use Klarna to sell cryptocurrency?

Currently, Klarna does not offer the option to sell cryptocurrency using its payment platform.

Is it safe to buy crypto with Klarna?

Choose reputable crypto exchanges with strong security measures. It is also essential to enable 2FA on all your accounts to safeguard your assets.