What is a crypto-asset?

A cryptoasset represents a digital asset or right that you can hold, store, and send electronically using distributed ledger, or blockchain, technology. 

With the advantages of doing it with BBVA

  • All your operations in one place

    Manage your cryptoassets from your usual app, just as easily as your accounts or traditional investments.
  • With our own custody service

    With BBVA's proprietary custody service, without relying on third-party custodians.
  • With clear fees

    0% custody fee.

    You only pay 1.49% on the amount when buying or selling.

    If you request a refund of your cryptoassets, the transfer fee is 4%.

What are the main risks?

It is important that you read and understand the risks and costs inherent in investing in crypto-assets, including the following:

Investing in crypto-assets is highly speculative and extremely volatile. It can lead to a total loss of the amount invested and, therefore, may not be suitable for everyone. Distributed ledger technologies are still in the early stages of development and may be vulnerable to attempts to alter the ledger. Investments in crypto-assets are not covered by customer protection mechanisms such as the Deposit Guarantee Fund or the Investment Guarantee Fund.

View the information document on the risks associated with cryptoassets.

What should you know before investing?

Invest in cryptoassets with greater security.

This is how the MiCA Regulation protects you

- The MiCA Regulation governs cryptoassets and their services within the European Union.
- Cryptoassets regulated by MiCA are E-Money Tokens (EMTs), Asset-Referenced Tokens (ARTs) and other cryptoassets such as Bitcoin and Ether that grant access to services or products.
- The CNMV recommends verifying that the cryptoasset service provider is duly authorized under MiCA to operate within the European Union to avoid the risk of fraud, loss of funds and lack of recourse.

Reduces risks

- Check if the company is authorized in the European Union and take the time to investigate.
- Make sure the devices you use to buy, transfer, or store cryptoassets are secure.
- Keep in mind that the value of cryptoassets can be highly volatile and lead to losses.

Information about adverse effects on the climate

You can consult the main adverse effects of Bitcoin and Ether on the environment here.
How are cryptocurrencies taxed?

How are cryptocurrencies taxed?

Do you have any queries?