The Best Way To Buy Crypto & Bitcoin With U.S. Bank! 🥇
Mike Harry
Feb 2024
3 min to read
Fact checked
Summary: While U.S. Bank does not sell cryptocurrencies on its banking platform, you can buy simply crypto using a a FinCEN regulated exchange like eToro. We recommend eToro as it's regulated by FinCEN in the United States and is thus safe to use. The platform is further beginner-friendly and offers 1,000s of digital assets that can quickly and safely be bought! Signup in 2 minutes and make your first crypto investment today!
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Can I buy crypto or Bitcoin with U.S. Bank?
Yes, you can buy Bitcoin and other cryptocurrencies such as Ethereum and Solana by connecting your U.S. Bank account to a regulated cryptocurrency exchange. You can then deposit funds via bank transfer free of charge if you choose to signup to platforms like eToro.
How to buy crypto with U.S. Bank?
The first step is to signup to a cryptocurrency exchange that is safe to use and regulated by FinCEN in the US, like eToro.
Bank deposits are free of charge with most banks and usually arrive within one business day.
eToro is a beginner friendly platforms that makes it easy to buy and sell 1,000s of digital assets like crypto, stocks, ETFs and much more.
Once your funds have been deposited, you can begin buy and selling cryptocurrencies like Bitcoin, Ethereum, Solana, Doge, Cardano and many others!
Signup in minutes
1. Create Account: Signup and add your identity verification. 2. Deposit Funds: Via your US Bank account or credit/debit card. 3. Start Buying: Once your deposit has arrived in your account.
Does U.S. Bank allow cryptocurrency?
At this time, U.S. bank customers can't directly buy crypto directly from their bank. Customers of U.S Bank can however buy crypto through third-party cryptocurrency exchanges.
Can you buy crypto with U.S. Bank credit card?
Yes, you can buy cryptocurrencies like Bitcoin and Ethereum with a U.S. bank credit or debit card card. To do so, you will need to create an account on a regulated exchange like eToro and link your U.S. bank credit card.
Is U.S. Bank crypto friendly?
While you can't buy cryptocurrencies like Bitcoin and Ethereum directly from U.S. Bank, last year they announced cryptocurrency custody services for institutional investment managers. Gunjan Kedia, vice chair, US Bank Wealth Management and Investment Services said,
“Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years. Our fund and institutional custody clients have accelerated their plans to offer cryptocurrency and, in response, we made it a priority to accelerate our ability to offer custody services.”
For regular customers of U.S. Bank, you can simply link your bank account to regulated exchanges like eToro. You can then deposit funds to these exchanges via bank or card transfer in order to buy Bitcoin (BTC), Ethereum (ETH) or some other cryptocurrency.
What is U.S. Bank
Minneapolis-based US Bankis the parent company of U.S. Bank National Association and was founded in 1863 as First National Bank of Cincinnati.
Over its more than 150-year history, the company has grown to become one of the largest banks in the United States.
Its products and services include business banking, corporate banking, wealth management, and consumer banking. U.S. Bank also offers a range of banking services such as checking and savings accounts, loans and debit cards.
As of April 2021, U.S. Bank has more than 4,200 branch locations and 5,400 ATMs across the country. U.S. Bank is a member of the Federal Deposit Insurance Corporation (FDIC) and has over 70,000 employees.
The bank has more than $8.6 trillion in assets under custody and more than $280 billion in assets under management.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.
Signup to eToro and Get $10 Bonus (US Only) when you deposit $100! eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.