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Can I buy Bitcoins 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 buy crypto.

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How to buy 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 platform. We recommend Bitbuy who are one of Canada's largest and most trusted exchanges. They are properly licensed under FINTRAC as a registered digital currency platform.

You will be able to deposit your Canadian Dollars into Bitbuy from TD Bank instantly and with low fees.The guide below is a high level overview on how to get started.

  1. Sign up to Bitbuy Canada on Mobile or or their Web Application
  2. Deposit Canadian Dollars (CAD) via e-Transfer from your TD Online Banking account
  3. Select the 'Product' menu button and select 'Express Trade'
  4. Find the Cryptocurrency you want to buy
  5. Input the CAD amount and execute your transaction
http://go.bitbuy.tech/aff_c?offer_id=3&aff_id=1078
Buy Bitcoin with TD Bank e-Transfer via Bitbuy

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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.

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TD Bank Bitcoin and Crypto 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. For a more in-depth overview, read our guide on How to buy Bitcoin in Canada.

Visit Bitbuy
Posted 
April 23, 2022
 in 
Crypto Banks
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