Crypto Banks
How to buy Crypto with TD Bank

How to buy Crypto with TD Bank

Fact Checked
January 30, 2023
Our Promise

Our mission at Buy Bitcoin Bank is to help you make informed decisions. While we adhere to strict editorial integrity, some posts may feature partner products. Here's how how we make money.

Summary: TD Bank and its online banking portal, TD EasyWeb does not directly offer services for their customers to buy Cryptocurrencies. This means that Canadian investors will need to use a FINTRAC licensed digital currency exchange in order to buy and sell Cryptos.

Bitbuy offers free and instant CAD deposits via bank transfer (Interac e-Transfer) and is approved by the Ontario Securities Commission and the Canadian Securities Administrators. It is widely regarded to be the best Crypto trading platform in Canada.

Table of Contents

Best Crypto Exchange for TD Bank

  • Fast and cheap Canadian Dollar (CAD) deposits via Interac e-Transfer from TD Bank.
  • Secure FINTRAC regulated platform and is approved by the Ontario Securities Commission.
  • Trade 100+ crypto assets with low fees starting at 0.1% per trade.
This is a dedicated guide to help Canadian investors buy Bitcoin and cryptocurrency through their TD Bank account safely and with low fees. Select the best exchange to get started.
Visit Site
Audited Proof of Reserves
Audited Proof of Reserves

Can I buy Crypto with TD EasyWeb Online?

The Toronto-Dominion Bank (TD Bank) does not currently offer services for its Canadian customers to buy and sell digital assets through their banking applications. The company CEO Greg Braca has not yet expressed any interest for their suite of services to start offering Cryptocurrency products.

This means that you cannot sign into your TD EasyWeb or TD EasyBroker account to buy Bitcoin, Ethereum and other digital assets. You can however deposit CAD via e-Transfer from your TD Bank online account to a secure Crypto exchange like Bitbuy and buy tokens directly through that platform.

How to buy Bitcoin and Crypto with TD Bank

If you want to buy Cryptocurrency with Canadian Dollars from a TD Bank account, you will need to sign up with a regulated digital asset exchange. We recommend Bitbuy who are one of Canada's largest and most trusted Crypto trading platforms. Bitbuy accepts CAD deposits from TD Bank customers via e-Transfer and Bank Wires. Follow the below guide to get started.

  1. Sign up to Bitbuy Canada on Mobile or their Web Application.
  2. Deposit Canadian Dollars (CAD) from your TD Online Banking account.
  3. Find the asset you want to buy on the Bitbuy platform.
  4. Input the CAD amount and execute your trade.
How to buy Bitcoin and Crypto with TD Bank.
How to buy Bitcoin and Crypto with TD Bank.

Can I trade Crypto on TD WebBroker or TD Direct Investing?

TD WebBroker and TD Direct Investing are the two primary trading and investment platforms for Canadian TD Bank holders. These applications provide access to traditional markets like Stocks, ETFs, Options, Bonds, Commodities and CFDs. Both platforms do not offer Cryptocurrency trading or access to Decentralized Finance, NFTs or GameFi.

TD Bank Cryptocurrency Policy

TD Bank does not currently have any policies in place that prohibits their account holders from transacting Cryptocurrency. However, it is recommended that you use a regulated exchange based in Canada if you are looking to deposit and withdraw from the exchange with Canadian Dollars.

TD Bank may freeze your account or funds transfers if they are moving to a suspicious and off-shore digital asset trading platform, such as Binance.

About TD Bank

TD Bank is one of the largest banks in Canada, with branches coast-to-coast across the country. The bank offers a full range of personal and business banking products and services, from chequing and savings accounts to credit cards and mortgages.

The bank has a long history dating back to 1855, when the bank was founded as the Bank of Toronto. Headquartered in Toronto, TD Bank Group has a long history of supporting the communities in which it operates. Through The TD Bank Group Foundation, the bank supports a variety of community initiatives across Canada.

In Canada, TD Bank Group (TD Bank holding company) also offers a full range of personal and commercial banking products and services through its subsidiaries TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), and TD Direct Investing.

TD Bank Canada
TD Bank: Home Page.

Final Thoughts

TD Bank does not currently offer any services related to Cryptocurrency investing. However, it is possible to deposit Canadian Dollars from a TD Bank account and buy Crypto through a regulated platform like Bitbuy. It's important to use caution when buying digital assets from any platform, especially those outside of Canada.

Dylan Matthews

Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.

Dylan Matthews
View Posts