Summary: If you want to buy Bitcoin or other cryptocurrencies with Tangerine Bank, we recommend using Uphold. This exchange is regulated in the United States and Canada which means that you can buy crypto with peace of mind. They are perfect for beginner to intermediate traders who look for a secure way to buy 100s of cryptocurrencies. Signup today and make your first free deposit via bank or credit/debit card transfer!
+300 cryptos & Staking
Fast & Free Bank Deposits
Regulated: US, CA, EU, UK, AU
100% Proof Of Reserves
While Tangerine Bank does not offer any cryptocurrency services, their customers can still easily connect their accounts and deposit funds to third-party platforms like Uphold.
This can be done by connecting your Tangerine Bank account to these exchanges and then deposit funds via bank or card transfer.
The funds can then be used to purchase Bitcoin, Ethereum, Solana, Cosmos, Cardano or a wide range of other cryptocurrencies through the exchange.
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 Tangerine 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, Tangerine 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 Tangerine account or credit/debit card
3. Start Buying: Once your deposit has arrived in your account
Tangerine Bank, like most banks in Canada, does not offer cryptocurrency trading directly on their platform. hstopped allowing purchases of cryptocurrencies with their Tangerine Money-Back Credit Card.
However, Tangerine Bank customers can still purchase cryptocurrencies by connecting their bank account to a regulated and secure cryptocurrency exchange and depositing funds via bank or card transfer.
So while Tangerine Bank itself isn't directly involved in cryptocurrency transactions, it can be used in conjunction with other platforms to engage in cryptocurrency activities.
It is rumored that Tangerine Bank has in the past blocked deposits made to cryptocurrency exchanges. That is however no longer the case and customers of Tangerine Bank can make deposits to regulated exchanges like eToro and Uphold.
Users of Tangerine Credit Card are allowed to deposit funds to FinCEN and FINTRAC regulated exchanges across the US and Canada.
Individuals who want to buy cryptocurrencies like Bitcoin (BTC) with their Tangerine Debit Card can do so without any issues as long as they use regulated exchanges like Uphold.
Tangerine Bank is an online bank owned by Scotia Bank (acquired 2012) that offers banking and investing services. Tangerine’s headquarters are in Toronto, Ontario and the bank has offices in several cities across Canada, including Vancouver, Calgary, and Montreal.
Tangerine Bank offers several different types of banking services, including savings accounts, credit cards, mortgages, and lines of credit.
The bank also provides a wide selection of investment products, including Tax-Free Savings Accounts (TFSAs), Registered Retirement Savings Plans (RRSPs), Registered Education Savings Plans (RESPs), and mutual funds.
Tangerine Bank is an good choice for Canadians who are looking for an online bank that offers a wide range of services. As of 2020, Tangerine Bank has over 2 million customers.
+300 cryptos & Staking
Fast & Free Bank Deposits
Regulated: US, CA, EU, UK, AU
100% Proof Of Reserves
