Summary: For Premier Bank customers who want to invest in cryptocurrencies such as Bitcoin, eToro and Uphold are two FinCEN regulated exchanges that we recommend. They both offer a beginner-friendly environment where it's easy to buy and sell 100s of digital assets such as Bitcoin, Ethereum, Solana and many others. Signup is quick, free, and you can then make USD deposits with Bank transfer (ACH) or via your credit/debit card.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
Even though First Premier Bank doesn't offer the sale of cryptocurrencies on their banking platform, customers of the bank can easily buy cryptocurrencies indirectly through regulated exchanges by signing up and depositing funds from their First Premier account.
To begin buying cryptocurrencies, the first step is to sign up for a safe and regulated exchange like eToro or Uphold, both of which are recommended for their beginner-friendly interface as well as the availability of 100s of cryptocurrencies.
Signing up for either platform is quick and free of charge. After completing the registration process, the next step is to connect your First Premier Bank account to your chosen exchange and make your first deposit.
While bank deposits (ACH) are free of charge, credit/debit card transfers have a small charge.
Once you have successfully deposited funds into your account, you can start buying and selling cryptocurrencies like Bitcoin, Ethereum, Solana, and more.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your First Premier account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
First Premier Bank offers its customers convenient access to traditional banking services but does not specialize in providing any products or services related to the cryptocurrency space.
Despite this, customers of First Premier Bank can still sign up for regulated cryptocurrency exchanges and deposit funds to purchase or sell popular cryptocurrencies such as Bitcoin and Ethereum.
Customers of First Premier Bank are permitted to use their debit or credit cards to deposit fiat currencies to regulated cryptocurrency exchanges for the purpose of purchasing and trading cryptocurrencies.
We highly suggest using regulated cryptocurrency exchanges to avoid any potential issues during the process of depositing or withdrawing funds.
First Premier Bank does not offer any services related to cryptocurrencies.
However, it can still be considered a crypto-friendly bank as it allows its customers to connect their bank accounts or link their debit cards to regulated third-party exchanges.
First Premier Bank has not been known to limit deposits and withdrawals to and from regulated exchanges.
First Premier Bank is a leading financial institution based in South Dakota, USA, with a rich history spanning over three decades in the financial industry. The bank was founded in 1986 by T. Denny Sanford.
Since then, it has grown to become a renowned issuer of credit cards, personal loans, and other financial services.
First Premier Bank serves a broad range of customers, including individuals, small businesses, and corporate entities. It has a vast customer base, with over 3 million active credit card accounts and more than 1 million customers.
The bank operates in all 50 states in the United States, offering its products and services through its robust online platform and a network of physical branch locations.
First Premier Bank provides a broad range of financial products and services, including personal loans, credit cards, checking and savings accounts, mortgages, investment services, and other financial services.
It is renowned for its low-interest rates and flexible repayment terms, making it one of the most reliable financial institutions in the USA.
The bank has amassed several awards and accolades over the years, including the Best Credit Card Offer for First Premier Bank Credit Card and the Best Customer Experience Award.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
