Summary: Huntington Bank presently does not support direct cryptocurrency investing through its online banking platform. Nevertheless, it allows clients to move USD from their accounts or Huntington Bank credit cards to an approved digital currency platform for crypto purchasing and trading.
Our expert group examined 30 possible exchanges for Huntington Bank customers, taking into account platform features, fees, asset diversity, safety, and client assistance. Based on this analysis, we determined that eToro stands out in the US, providing complimentary, instant deposits through ACH bank transfers and credit/debit card to trade over 3,000 assets.
Best Crypto Exchange for Huntington Bank
- Free and instant USD deposits for Huntington Bank customers.
- Invest 4000+ assets which include Crypto, Stocks, Indices, and more.
- Licensed with FinCEN as a Money Services Business & is a member of FINRA.
Can I Buy Crypto with Huntington Bank?
At present, Huntington Bank doesn't facilitate crypto buying, trading, or holding via its online banking, mobile app, or branches. To invest in cryptocurrencies, use a trusted, regulated US-based crypto exchange. After depositing USD into the chosen platform, you can safely buy, sell, and trade digital currencies following US guidelines.
How to Buy Bitcoin and Crypto with Huntington Bank
For Huntington Bank account holders keen on cryptocurrency investment, consider a reliable digital asset platform like eToro. Huntington Bank customers can easily buy and sell cryptocurrencies by transferring USD from their accounts to eToro. Multiple payment options include PayPal, Skrill, Bank Transfers, ACH, and Huntington Bank Credit Cards.
Below is a succinct guide for starting your cryptocurrency investment journey with your Huntington Bank online account:
- Sign up to eToro and complete the verification process.
- Tap 'Deposit Funds', pick a method, and transfer USD from Huntington.
- Go to the search bar, find the token you want to buy, and tap 'Trade'.
- Input the amount you want to invest in the token and tap 'Open Trade'.
Huntington Bank Crypto Policy
Huntington Bank is stepping into the digital currency world, allowing its customers to move their U.S. dollars into approved cryptocurrency exchanges. This means that customers can legally buy, sell, and swap cryptocurrencies like Bitcoin and Ethereum on platforms that are recognized by U.S. financial authorities.
But it's important to note that while Huntington Bank is making these transactions possible, they aren't currently offering any specific cryptocurrency-related products or services. And as of now, they haven't announced any plans to do so.
About Huntington Bank
Huntington Bank is a regional bank headquartered in Columbus, Ohio. The bank was founded in 1866 and today has more than 700 branches across eight states which include Ohio, Michigan, Pennsylvania, Indiana, West Virginia, Kentucky, Illinois, and Wisconsin. It offers a wide range of products and services, including personal and business banking, lending, investments, and insurance.
The bank has a strong focus on community involvement and giving back, and offers many programs and initiatives to support local organizations and causes. Huntington is an FDIC-insured institution and is subject to regulation by the Federal Reserve. The bank has an excellent rating from the Better Business Bureau and is generally well-regarded by customers.
While Huntington Bank is not currently offering any specific services or products linked to cryptocurrencies, it is paving the way for its customers to enter the digital currency market. By allowing customers to transfer U.S. dollars to approved crypto exchanges, Huntington Bank is opening the door to legal cryptocurrency transactions. It's important, however, to do your research and choose a reliable, regulated U.S.-based crypto exchange like eToro for such transactions. Always remember to trade within the boundaries of U.S. financial regulations to ensure the safety of your investment.
Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.