How to buy Bitcoin and Crypto with Citizens Bank
The best way to buy Bitcoin or Crypto with a Citizens Bank account is by signing up to a regulated exchange in the United States. We recommend Uphold for Citizens Bank account holders because they offer fast and cheap USD deposits to trade and stake over 250 cryptocurrencies. Their exchange also offers hundreds of stocks, ETFs, metals and other assets all in one platform available on Web, iOS and Android.
You can follow our simple step-by-step guide below to get started:
- Sign Up: Create an account on Uphold and complete your verification (personal or company).
- Connect Account: Select the currency you want deposit on the Uphold Platform (USD + 30 more).
- Deposit Funds: Connect your Citizens Bank account or Debit/Credit Card to quickly deposit USD.
- Buy Crypto: The final step is to find the cryptocurrency you want to buy and execute your trade.
Citizens Bank Cryptocurrency Policy
There are no current banking policies that prohibit Citizens Bank account holders from buying or selling cryptocurrencies. This means that you are safe to deposit or withdraw US Dollars (USD) from regulated digital currency platforms like Uphold. We recommend avoiding off-shore exchanges, which may increase the risk of a bank freeze.
What is Citizens Bank?
Citizens Bank is a regional bank headquartered in Providence, Rhode Island. It is the 19th largest bank in the United States with over $130 billion in assets and more than 1,200 branches across 11 states. The bank offers a full range of banking products and services for both individuals and businesses, including checking and savings accounts, loans, credit cards, and investment products.
The bank was founded in 1828 and is one of the oldest banks in the United States. The bank has a long history of serving the communities in which it operates and is committed to helping its customers achieve financial success. Citizens Bank is a member of the FDIC and is an equal housing lender.
In conclusion, citizens Bank does not offer crypto services directly, but customers can safely purchase cryptocurrencies by using a regulated exchange such as Uphold. This platform offers fast and cheap USD deposits from citizens Bank to trade over 200 cryptocurrencies with low fees. Customers can easily connect their citizens Bank account and start trading quickly and securely. As always, we recommend researching different exchanges to find the right platform for individual needs.