Summary: Customers of The First Bank wishing to dip their toes into cryptocurrencies like Bitcoin and Ethereum should signup to regulated platforms like eToro and Uphold. These are suitable for beginner to intermediate traders, providing a safe and simple process to buy and sell cryptocurrencies. You can sign up in minutes and then deposit money from your First Bank account either through ACH deposit or by using your credit/debit card.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
The First Bank does not offer a direct method for buying crypto but its account holders can leverage their accounts indirectly. This can be done by signing up to and connecting your account to a regulated cryptocurrency exchange such as eToro or Uphold.
This means that Heritage Bank account holders can still participate in the cryptocurrency market, even if the bank itself does not offer direct cryptocurrency transactions.
The first step in the process of acquiring cryptocurrencies through an exchange is to sign up for a safe and regulated platform such as eToro and Uphold.
It is highly recommended to use eToro and Uphold as they are beginner-friendly and offer easy-to-use interfaces that allow users to buy and sell 100s of cryptocurrencies. Signing up for an account with eToro and Uphold is a quick and free process.
After signing up, it is important to connect your Heritage Bank account and make your first deposit. Bank deposits (ACH) are free of charge, whereas credit/debit card transfers can be slightly more expensive.
Once the funds have reached your newly created account, you can start buying and selling whatever cryptocurrencies that catch your fancy, whether it be Bitcoin, Ethereum, Solana, or any of the other myriad of options available on the platform.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your First Bank account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
The First Bank offers its customers with a seamless and hassle-free access to a wide range of traditional banking services, such as checking accounts, savings accounts, loans, and credit cards among others.
The Firs bank does not however offer any products or services that are related to the cryptocurrency space. The good news is that customers of The First Bank can still participate in the cryptocurrency market if they wish to by signing up to regulated exchanges.
Customers of Heritage Bank are encouraged to utilize their debit or credit cards as a convenient means of depositing fiat currencies to regulated cryptocurrency exchanges, thereby enabling them to purchase and sell cryptocurrencies in a safe and secure manner.
In order to avoid any potential complications when depositing or withdrawing funds, we strongly recommend using regulated exchanges that adhere to established guidelines and regulations.
Although The First Bank does not have any direct involvement in the realm of cryptocurrencies, it can still be considered a crypto-friendly institution.
This can be attributed to the fact that Heritage Bank allows its clients to seamlessly link their bank accounts or debit cards to properly licensed and regulated third-party exchanges that facilitate the buying and selling of cryptocurrencies.
The First Bank formerly Heritage Bank, is a community bank headquartered in Hattiesburg, Mississippi.
The bank was founded in 1963 and has since grown to over $1 billion in assets. First Bank offers a wide range of financial services to individuals and businesses, including checking and savings accounts, loans, mortgages, and investment services.
In January 2023, First Bank completed its acquisition of Heritage Southeast Bancorporation, Inc., which added 12 branches and $300 million in assets to the bank's portfolio. The acquisition expanded First Bank's footprint into Alabama, Florida, and Georgia.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
