The Best Way To Safely Buy Crypto & Bitcoin With Citibank

Yes, customers of the Citibank can buy Bitcoin and other cryptocurrencies using their accounts.

Customers of the bank can purchase digital assets through a variety of methods such as ACH transfers, debit/credit cards and wire transfers to cryptocurrency exchanges.

Yes, in our opinion, Citi Bank is crypto friendly in terms of the freedom that its customers have to explore the cryptocurrency space.

Citi Bank like many other US bank have also recently begun investing in the blockchain space. Earlier this year Citi Bank participated in the Series B round of Talos together with BNY Mellon, Wells Fargo among others. Anton Katz, CEO of Talos said,

‍"This funding round represents a major inflection point for the industry. We’ve long heard that the institutions are coming. The institutions are now here, and we’re extremely proud to be the digital asset trading platform of choice for leading institutions around the world."

Shortly after the above press release, Citi Bank came out with another major announcement that Swiss firm Metaco was selected as their digital asset custody provider. A company spokes man had this to say,

"Citi, which holds about $27 trillion assets under custody, intends to fully integrate Metaco’s crypto custody platform. We are witnessing the increasing digitization of traditional investment assets along with new native digital assets. We are innovating and developing new capabilities to support digital asset classes that are becoming increasingly relevant to our clients,” said Okan Pekin, Global Head of Securities Services at Citi."

Yes, you can buy cryptocurrencies like Bitcoin by using your Citibank credit/debit card with regulated and licensed exchanges.

Once you have signed up and created an account, you can then link your Citibank credit or debit card and begin buying cryptocurrencies.

It is possible for Citibank users to take advantage of their credit or debit cards and deposit funds to regulated exchanges like eToro and Uphold.

These exchanges are regulated in the United States which means that depositing funds with your credit card is safe, quick and hassle free.

Whether you are using your Citibank credit or debit card, deposits can easily be made to regulated exchanges in order to invest in cryptocurrencies.

Citibank does not impose any restrictions in this regard!

Citibank is one of the oldest and biggest banks in the United States and world-renowned globally. Headquartered in New York City, they have over 2000 branches across 19 countries with over 700 of those based in large metropolitan areas across the United States. 

Citibank offers a wide range of banking products like commercial and consumer banking, credit cards, mortgages, personal loans, and online banking.

In addition, Citibank also provides wealth management, insurance, and investment services to its customers.

Citibank also offers apps that lets their customers access their accounts, pay their bills, transfer funds, and manage their finances from their iPhone, iPad, or Android device.

Citibank has over 240,000 employees that serve retail, commercial and institutional clients.

Citibank has over 200 million customers spread across more than 100 countries. The bank has an impressive $1.7 trillion in assets under management and generates over $76 billion in revenues.