While Fifth Third Bank customers can’t directly buy cryptocurrencies from their online account, they can buy crypto by depositing funds to FinCEN-regulated cryptocurrency exchange like Etoro.
Summary: To buy cryptocurrencies like Bitcoin and Ethereum with Fifth Third Bank, you have to signup to regulated exchanges like eToro. This platform is regulated in the United States by FinCEN and offers a beginner-friendly experience. It's perfect for beginners who want an easy and safe way to invest in the crypto market. Get started today by signing up (takes 2 minutes) and deposit money via a bank or credit card transfer!
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While Fifth Third Bank customers can’t directly buy cryptocurrencies from their online account, they can buy crypto by depositing funds to FinCEN-regulated cryptocurrency exchange like Etoro.
To begin buying and selling cryptocurrencies, the first step is to sign up for a secure and regulated exchange such as eToro.
For users with a Fifth Third Bank account, we recommend signing up to eToro due to its beginner-friendly interface and wide range of cryptocurrencies.
Signing up is quick and free of charge. After successfully signing up, customers of the bank can connect their account to the exchange to safely deposit USD.
USD 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 the user's account, they can start investing in cryptocurrencies such as Bitcoin, Ethereum, Solana, Cosmos, Polkadot, Cardano, Dogecoin among others.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Fifth Third account or Credit/Debit Card.
3. Start Buying: Once your deposit has arrived in your account.
Fifth Third Bank is crypto friendly and doesn't have any policies that prohibit customers from using licensed cryptocurrency exchanges to buy and sell cryptocurrencies.
Fifth Third is crypto-friendly bank in the United States that allows their customers to get exposure to cryptocurrencies via regulated exchanges.
While they don’t yet offer any services for their clients to gain Bitcoin exposure, they do have a small section on their website with some information on cryptocurrency. Baby steps.
Headquartered in Cincinnati, Ohio, Fifth Third Bank stands as the main subsidiary of the American bank holding entity, Fifth Third Bancorp.
With its origins tracing back to 1858 as the Bank of the Ohio Valley, it has evolved to be one of the prominent consumer banks in the Midwest.
The bank has an extensive reach with 1,100 branches and 50,000 automated teller machines spread across 11 states including Ohio, Florida, Georgia, and Michigan, among others.
Offering a myriad of financial solutions, from checking and savings accounts to loans and investment services, Fifth Third Bank caters to a broad spectrum of customer needs.
While the bank's expansive fee-free ATM network and low minimum deposit criteria are often commended, its rates have been found less competitive when juxtaposed with other banking institutions.
Moreover, as sponsors of the Cincinnati Bengals and the Nashville Predators, the bank also holds a notable presence in the sports industry.
The bank operates over 1,000 branches, 2,500 ATMs and provides financial services for retail, small business, corporate, and investment clients. Fifth Third has over 20,000 employees, $210 billion in assets and almost $8 billion in revenues.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform