Quick And Safe Way To Buy Crypto & BTC With USAA

buy crypto and bitcoin usaa
Mike Harry
Feb 2024
4 min to read
Fact checked

Summary: To buy cryptocurrencies like Bitcoin and Ethereum with USAA, you have to first signup to a regulated exchange like eToro. This platform is regulated in the United States by FinCEN and offers a user-friendly experience. It's perfect for beginners who look for an easy and secure way to invest in 1,000s of digital assets and crypto. Get started today by signing up (takes 2 minutes) and safely deposit funds via a bank or credit card transfer!

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
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 USAA?

While you can’t buy Bitcoin or other cryptocurrencies directly from USAA, you can instead deposit funds via a USAA bank or card transfer to a cryptocurrency exchange like eToro.

How to buy crypto or Bitcoin with USAA?

The first step towards buying and selling cryptocurrencies is to sign up for a safe and regulated exchange such as eToro.

For users with a USAA account, we recommend signing up to eToro due to their user-friendly interface and wide range of digital assets.

Signing up is quick, easy and free of charge. After successfully signing up, you can easily connect your USAA account and commence your first USD deposit.

Deposits made via bank transfers (ACH) are free of charge, while transfers made via credit/debit cards incur a small fee.  

Once the funds have been deposited into your eToro account, you can start buying and selling cryptocurrencies such as Bitcoin, Ethereum, and Solana, among others.

Signup in two minutes

1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your USAA account or credit/debit card
3. Start Buying:
Once your deposit has arrived in your account
Buy Crypto with USAA Bank and eToro
Buy Crypto with USAA Bank and eToro

Does USAA deal with cryptocurrency?

USAA does not currently deal with cryptocurrencies as its a traditional financial services group that provides banking, investments and insurance.

Can I buy Bitcoin with my USAA account?

Unfortunately, it is not possible to directly buy Bitcoin or other cryptocurrencies via your USAA account.

Customers of USAA can however connect their bank accounts to deposit funds with an online cryptocurrency exchange.

‍Can I buy crypto with my USAA credit card?

You can use a USAA checking account and credit cards to purchase cryptocurrencies like Bitcoin on regulated exchanges like eToro.

Does USAA allow you to buy crypto?

USAA is like most US banks crypto friendly and do not impose restrictions on their customers to dabble with crypto.

Clients of USAA Bank can however link their accounts or card to cryptocurrency exchanges to buy Bitcoin, Ethereum or other cryptos.

About USAA Bank

USAA is owned by the members of the United States military and was founded in 1922 in San Antonio, Texas. USAAs goal is to be the military community’s provider of choice for insurance, banking, financial products, and advice.

USAA Website
USAA Website

Over the years, USAA has broadened its scope, now serving both officers and enlisted members of the Armed Forces, past and present, along with their families. This expansion has positioned USAA as the pioneering "one-stop" retail financial services entity in the U.S.

USAA is a diversified financial services provider, offering a range of products including car, home, life, health, and business insurance, banking, investments and retirement planning.

At its heart, USAA operates with a clear mission: to empower its military members and their families to attain financial stability.

The company secured the 96th spot on the 2020 Fortune 500 list of the largest U.S. corporations based on revenue. Furthermore, it made appearances on Fortune's 2021 Blue Ribbon list, ranking 355th on the Fortune Global 500.

Today USAA has over 35,000 employees that serve over 13 million members. It’s ranked in the top 100 in the Fortunate 500 list of the largest U.S. corporations by total revenue. USAA has over $35 billion in revenue and over $200 billion in total assets. 

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
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.

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