Summary: The easiest way to buy Bitcoin and cryptocurrency through an M&T Bank account is with a licensed digital asset exchange in the USA.
With this method, all you have to do is deposit USD from your M&T Online Banking account into your crypto exchange account. We recommend eToro for fast and cheap USD deposits from M&T to trade over 7,000 assets.
- Fast and Cheap US Dollar deposits from US Banks and ACH Transfer.
- Trade over 70 Cryptocurrencies on a trusted and regulated platform.
- Low and variable trading fees with tight spreads.
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
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Can I buy Crypto with M&T Bank?
You cannot buy cryptocurrency directly through your M&T Bank online account. This is because their platform does not support native Bitcoin and digital asset wallets. The only way to invest in cryptocurrency is by depositing US Dollars from your M&T account into a regulated crypto exchange.
How to buy Bitcoin or Crypto with M&T Bank Online
The best and fastest way to buy digital assets from your M&T online bank account is with eToro trading. Their platform offers fast USD deposits via bank transfer from M&T Bank to trade over 70 cryptocurrencies and stake them to earn interest on deposits.
To get started buying Crypto from you M&T account, follow this short guide:
- Step 1: Sign up to the eToro US trading platform.
- Step 2: Deposit USD from your M&T Online Banking account. You will be provided with deposit details for your transfer.
- Step 3: Find the cryptocurrency you want to buy in their 'Discover' page.
- Step 4: Input the amount of USD you want to buy and execute your trade.
M&T Bank Cryptocurrency Policy
M&T Bank has not banned Bitcoin or cryptocurrency trading from their account holders. This means it is safe to deposit USD into licensed crypto platforms to trade digital assets. Be careful with off-shore exchanges like Binance or Huobi, as the bank may freeze your funds for depositing into non-US platforms.
About M&T Bank?
M&T Bank is a regional bank headquartered in Buffalo, New York. The bank has over 700 branches and 2,000 ATMs across eight states in the Mid-Atlantic and Northeastern United States. M&T Bank offers a full range of banking services to individuals, businesses, and institutional clients, including checking and savings accounts, credit cards, mortgages, auto loans, investment advice, and more.
M&T is one of the largest banks in the United States and has been consistently ranked as one of the best performing banks by various independent publications. The bank has a long history of serving its communities and supporting local businesses, charities, and other organizations. M&T Bank is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol MTB.
Overall, M&T is a great choice for anyone looking for a well-established, full-service bank with branches across the Northeast.
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. This is not meant to be tax advice or financial advice of any kind. The above information we compiled from online tax forums. Please, consult a CPA or lawyer if you have questions about filing your tax return, forms to use, or what is/is not taxable. eToro is not a tax advisor.