How To Safely Buy Bitcoin and Crypto With SVB

buy crypto svb
Mike Harry
Feb 2024
2 min to read
Fact checked

Summary: Silicon Valley Bank does not offer crypto trading on its own banking platform. To buy Bitcoin or other cryptocurrencies, you have to connect your SVB account to a third-party exchange. We recommend using eToro as it's regulated in the US by FinCEN which means that you can buy crypto with peace of mind. It's perfect for beginners that want to safely invest in 1,000s of digital assets including over 80 cryptocurrencies. Signup today, deposit funds for free via bank transfer and easily invest in cryptocurrencies!

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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 or Bitcoin with SVB?

SVB does not have the infrastructure to enable its customers to buy and sell Bitcoin or other cryptos on its platform. Clients of SVB who want to buy cryptocurrencies have to use a third-party exchange. 

How to buy Crypto with SVB?

The first step towards buying and selling cryptocurrencies is to sign up for a safe and regulated exchange such as eToro.

For users with a SVB account, we recommend signing up to eToro due to its user-friendly interface and wide range of digital assets.

Signing up is quick and free of charge. After signing up, SVB customers can connect their account to the exchange and initiate their first deposit.

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 buying and selling cryptocurrencies such as Bitcoin, Ethereum, Solana, Cosmos, Polkadot, Cardano and Dogecoin among others.

Signup in two minutes

1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your SVB account or credit/debit card
3. Start Buying:
Once your deposit has arrived in your account
Buy Crypto with SVB Bank and eToro
Buy Crypto with SVB Bank and eToro

SVB cryptocurrency policy

SVB does not have a stated policy on cryptocurrencies but as long as you use regulated exchanges, you won't have any issues depositing or withdrawing funds. 

Is SVB crypto-friendly?

SVB is crypto-friendly, in 2014 it helped provide Coinbase banking services. In exchange, SVB received stock warrants for ​​400,000 shares of Class B common stock at just over $1 per share, the warrant expires in June of 2024.

About SVB

SVB (Silicon Valley Bank) is a commercial bank that was founded in 1983 in Santa Clara, California. Today it is one of the largest banks in the United States with over $200 billion in total assets. SVB mission is to help individuals, investors and the world’s most innovative companies to achieve their goals.

SVB Website
SVB Website

The bank offers financial services such as commercial banking, venture investing, wealth planning and investment banking. SVB has over 10,000 employees and operates 29 offices in the U.S. 

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
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.

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