Summary: Gobank does not currently support offer any products to buy or sell Bitcoin, Ethereum, Solana and other digital assets.

If you want to buy and sell cryptocurrenciers, stocks, ETFs, commodities and more from one regulated exchange in the USA, we recommend using eToro.

Table of Contents

Can I buy Bitcoin with GoBank?

Unfortunately GoBank currently does not support the option to purchase Bitcoin or any cryptocurrency directly on their banking platform. Most major banks in the United States are yet to implement this feature.

Not to worry, there are many alternative and secure options for GoBank account holders to invest in Bitcoin and other cryptocurrencies. You simply need to link your GoBank account with a licensed and regulated cryptocurrency exchange like eToro.

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How & Where to buy Bitcoin with GoBank

We recommend using eToro as it's the most secure and affordable way to deposit US Dollars from your GoBank account. It is one of the most secure cryptocurrency exchanges in the world and it offers $0 deposit and trading fees.

Follow the guide below to get started.

  1. Sign up to eToro
  2. Complete your verification and press 'Deposit Funds'
  3. Enter the amount of USD you wish to invest and press 'Continue'
eToro GoBank Deposit Funds

You will then be redirected to this page with instructions on how to proceed with the bank transfer. Please note that bank transfers can take from 4 to 7 business days to reflect in your account.

eToro GoBank Deposit Funds Address

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GoBank Cryptocurrency Policy

GoBank do not have any policies that prohibit their account holders from trading any form of cryptocurrency. GoBank account holders should not be concerned when investing in cryptocurrencies such as Bitcoin as there have been no reports of funds being stopped from transferring to a cryptocurrency exchange.

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Fees: Deposit & Trading Fee

When investing in Bitcoin and other cryptocurrencies, there are two fees users need to consider when depositing with GoBank.

  • Deposit Fee - This fee is charged when you deposit USD¬†into your exchange account
  • Trading Fee - This is the fee you will incur when trading your USD for Bitcoin (BTC)

However when depositing US Dollars from GoBank to eToro, it is completely free. To make it better, eToro also do not charge any fees to trade Bitcoin, meaning you will pay zero fees when investing in Bitcoin through the exchange.

For a comprehensive review of eToro, please visit our eToro Review page.

Visit eToro
Posted 
Apr 2, 2022
 in 
Crypto Banks
 category

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