How To Quickly Buy Bitcoin or Crypto With Flagstar Bank
Mike Harry
Feb 2024
4 min to read
Fact checked
Summary: In order to buy Bitcoin or other cryptocurrencies with Flagstar Bank, we recommend using eToro and Uphold. These exchanges are regulated in the US by FinCEN and are suitable for beginners and intermediate traders who look for safe ways to invest in crypto. Get started today by signing up and deposit money via bank or credit/debit card transfer. Once done you will have access to 100s of cryptocurrencies to invest in!
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 with Flagstar Bank?
If you want to buy cryptocurrencies like Bitcoin and Ethereum, you have to connect your Flagstar Bank account to a regulated cryptocurrency exchange like eToro and Uphold.
This is because Flagstar Bank itself does not currently offer any services related to cryptocurrencies.
Buy crypto with Flagstar Bank and Uphold
How to buy crypto with Flagstar Bank
If you're a Flagstar Bank customer interested in investing in cryptocurrencies, signing up for FinCEN regulated cryptocurrency exchange like eToro or Uphold is a great way to get started.
The signup process for these exchanges is simple and only takes a few minutes to complete.
Once you've created your account, you can link your Flagstar Bank account to the exchange and deposit funds using bank transfer or credit/debit card.
Bank transfers are usually free of charge and typically arrive within one business day. This means that you can quickly start investing in cryptocurrencies.
Both eToro and Uphold offer 100s of digital assets to buy and sell iincluding old school cryptos like Bitcoin (BTC) and Ethereum (ETH), as well as newer altcoins like ATOM and SOL.
Signup in two minutes
1. Create Account: Signup and add your identity verification 2. Deposit Funds: Via your Flagstar Bank account or credit/debit card 3. Start Buying: Once your deposit has arrived in your account
Buy Bitcoin with Flagstar Bank and eToro
Does Flagstar Bank allow crypto?
Flagstar Bank does not directly support the buying and selling of cryptocurrencies.
However, you can still invest in digital assets by using regulated cryptocurrency exchanges like eToro and Uphold.
About Flagstar Bank
Flagstar Bank was chartered in 1987 and is today headquartered in Troy, Michigan.
Flagstar Bank Website
It is a subsidiary of Flagstar Bancorp which is listed on the New York Stock Exchange. Flagstar has over 5,000 employees, 1.5 million customers, assets of over $31 billion, and revenues of $1.6 billion.
Flagstar Bank offers a full banking service and is the sixth largest mortgage originator and third largest savings bank in the United States.
Besides these services, Flagstar Bank also offers banking services such as:
Checking accounts: Flagstar Bank offers several checking account options, including SimplyChecking, SimplyPlus+ Checking, and Flagstar Business Checking.
Savings accounts: Flagstar Bank offers a variety of savings accounts to help customers reach their financial goals, including personal savings accounts, money market accounts, and health savings accounts.
Loans: Flagstar Bank offers a range of loan products, including mortgages, home equity loans, personal loans, and auto loans. The bank also offers Small Business Administration (SBA) loans for small businesses.
Credit cards: Flagstar Bank offers a variety of credit card options, including the Flagstar Rewards Visa, the Flagstar Platinum Visa, and the Flagstar Business Visa.
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.
Signup to eToro and Get $10 Bonus (US Only) when you deposit $100! eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.