Summary: For those with a First Horizon Bank account who are curious about investing in cryptocurrencies like Bitcoin and Ethereum, we recommend signing up to FinCEN regulated eToro and Uphold. These platforms provide a user-friendly and safe experience where beginners can buy 100s of digital assets. The registration is free and only takes 2 minutes to complete. You can then deposit USD via your First Horizon account either via bank transfer (ACH) or credit/debit card deposit.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
Although First Horizon Bank does not offer direct cryptocurrency purchasing services, its customers can still buy digital assets through regulated third-party providers. This is why we recommend signing up and using regulated platforms like Uphold and eToro that are safe and easy for American to use.
The first step in purchasing cryptocurrencies is to sign up for a regulated and secure exchange such as eToro or Uphold.
We recommend these platforms because they are user-friendly and offer a wide variety of cryptocurrencies for beginners to buy and sell.
Signing up is a simple and free process that only takes a few minutes.A fter signing up, users can connect their First Horizon Bank account to the exchange and make their initial deposit.
Bank deposits via ACH are free of charge while credit/debit card transfers come with a small fee.
Once the funds have been deposited into the account, users can begin trading popular cryptocurrencies such as Bitcoin, Ethereum, Solana, and many more.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via First Horizon account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
First Horizon Bank provides it's users with access to traditional banking services but does not offer any products or services related to the cryptocurrency space.
For it's users that want that type of investment exposure, they have to turn to FinCEN regulated exchanges that they can deposit funds into.
First Horizon Bank customers are eligible to use their debit or credit cards to deposit fiat currencies to regulated cryptocurrency exchanges for the purpose of buying and selling cryptocurrencies.
It is highly recommended to use regulated exchanges to prevent any possible complications that may arise during the deposit or withdrawal of funds.
First Horizon Bank can be viewed as a crypto-friendly institution as it allows it's customers to deposit US Dollars into regulated crypto exchanges.
Even though First Horizon Bank does not offer any specific cryptocurrency services, customers can still engage in crypto transactions.
Additionally, First Horizon Bank does not constrain the transfer of deposits and withdrawals to and from regulated exchanges.
First Horizon Bank is a leading financial institution in the United States, with a rich history tracing back to 1864.
Originally founded as the First National Bank of Memphis, the institution has undergone several mergers and acquisitions over the years and has expanded its geographic reach to become a major player in the Southeastern region of the country.
Today, First Horizon Bank serves millions of customers across 12 states, including Tennessee, Florida, North Carolina, South Carolina, and Texas.
The bank offers a diverse range of products and services, catering to both personal and commercial banking needs.
Customers of First Horizon Bank can choose from a wide variety of checking and savings accounts, credit cards, loans, and investment options.
The bank's online banking platform allows customers to easily manage their accounts, view transaction history, pay bills, and transfer funds from anywhere.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
