Summary: If you're a customer of Vancity and want to invest in cryptocurrencies like Bitcoin, we recommend creating a free account with Uphold. This exchange is regulated in Canada which means that you can buy crypto with peace of mind. They are perfect for beginners who look for a simple and secure way to invest in 100s of cryptocurrencies. Get started today by signing up (only takes a few minutes) and making your first deposit!
+300 cryptos & Staking
Fast & Free Bank Deposits
Regulated: US, CA, EU, UK, AU
100% Proof Of Reserves
Unfortunately, buying cryptocurrencies directly from Vancity is not an option as the bank does not offer these types of services.
However, Vancity customers desiring to invest in cryptocurrencies can signup with a regulated exchange and connect their Vancity account to make a deposit.
This is a simple and safe process that can be done by anyone with a Vancity account in a matter of minutes.
The first step towards buying and selling cryptocurrencies is to sign up for a secure and regulated exchange such as Uphold.
For users with a Vancity Bank account, we recommend signing up to Uphold due to its beginner-friendly interface and wide range of cryptocurrencies.
Signing up is quick and free of charge. After successfully signing up, Vancity customers can connect their account to the exchange to safely deposit USD/CAD.
USD/CAD 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 investing in cryptocurrencies such as Bitcoin, Ethereum, Solana, Cosmos, Polkadot, Cardano, Dogecoin among others.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Vancity account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Yes, Vancity is a crypto-friendly co-operative that allows its customers to deposit funds to invest in cryptocurrencies with regulated exchanges.
This means that users can deposit funds from their bank account to regulated exchanges such as Uphold to buy and sell cryptocurrencies.
Customers of Vancity can leverage their credit and debit cards in order to buy cryptocurrencies from regulated exchanges.
Buy cryptocurrencies with a credit/debit card or depositing funds via credit card is just as easy and faster then regular bank deposits.
The one downside is that the added convenience of instant purchase/deposits comes with higher fees.
Founded in 1946, Vancity is a financial co-operative based in Vancouver, Canada. With over 50 branches throughout the Greater Vancouver area, Vancity serves over half a million members.
The bank has been named one of Canada's Greenest Employers eleven times, with editors recognizing its recycling and composting programs. The credit union has over $20 billion in assets under management with revenues of over $300 million.
Vancity offers a wide range of banking products and services, including savings accounts, chequing accounts, loans, credit cards, mortgages, and investment products. The bank also offers a variety of non-financial services, such as insurance and investment advice.
Vancity is known for its strong commitment to sustainability and social responsibility. The bank has a number of initiatives in place to reduce its environmental impact, and it is also a major supporter of local charities and community organizations.
+300 cryptos & Staking
Fast & Free Bank Deposits
Regulated: US, CA, EU, UK, AU
100% Proof Of Reserves
