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Can you buy Crypto with a US Bank in the USA? (2021)

Summary: The easiest and safest way to buy Bitcoin or cryptocurrencies with US Bank in America is via the eToro exchange. They offer the lowest fees and the fastest USD deposits.

Tanya Chen

Senior Editor at Buy Bitcoin Finder
Buy Crypto with Chase Bank

Can I buy Crypto with US Bank?

The US Bank (U.S. Bancorp) does not offer any native services for their customers to buy or sell cryptocurrencies like Bitcoin, Ethereum and Dogecoin. US Bank account holders will need to sign up to a safe and regulated exchange in the United States to deposit US Dollars from their bank account.

How to buy Crypto from a US Bank Account

The easiest and fastest way to buy Cryptocurrencies from a US Bank account is via the eToro trading platform. They offer fast and cheap USD deposits and provide customers with access to over 30 different digital assets.

Their cryptocurrency exchange also offers zero commissions and trading fees, which is unlike other platforms such as Coinbase who charge up to 4%. The guide provides a high level overview on how to get started.

  1. Register your eToro Account
  2. Connect your US Bank account and deposit via ACH Transfer
  3. Select any cryptocurrency you want to buy
  4. Input the amount of US dollars you want to spend and click "Buy"

US Bank Crypto

Is US Bank Cryptocurrency Friendly?

The U.S. Bank does not currently have any internal policies that prohibit their customers from trading cryptocurrencies like Bitcoin or Ethereum. They openly allow bank account holders to deposit and withdraw from trusted cryptocurrency exchanges that are licensed in the United States.

This is why it is important that users sign up to trusted local platforms, so your USD deposits and withdrawals do not get frozen for long periods of time.

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