Summary: M&T customers cannot currently invest in Cryptocurrency directly through the bank. The only available method is to go through a regulated and licensed digital asset exchange. To do this, simply sign up to a secure trading platform and deposit USD from M&T Bank, then directly buy a wide variety of Cryptocurrencies.
We have investigated all the top options in the US in-depth and singled out the ones that are regulated by FINRA. After our thorough investigation, we found that eToro is the best choice for M&T customers as it offers free and instant USD deposits to trade over 4000 assets which include Crypto, Stocks, Commodities, Indices, ETFs and Fiat Currencies.
Best Crypto Exchange for M&T Bank
Platform Highlights
- Free and instant USD deposits for M&T Bank customers.
- Buy and sell 4000+ assets including Crypto, Stocks, and more.
- Licensed and regulated by both the FinCEN and the FINRA.
How to buy Crypto with M&T Bank Online
The best and fastest way to buy digital assets from your M&T online bank account is with the eToro exchange. eToro accepts USD deposits from M&T Bank via a variety of methods such as ACH & Bank Transfers, Credit/Debit Card, PayPal and more.
Begin trading Crypto with M&T Bank by following this easy guide:
- Create a free account on eToro and complete the verification process.
- Tap 'Deposit Funds', select a method, and transfer USD from M&T Bank.
- Go to the search bar, find the token you want to buy, and click 'Trade'.
- Enter the amount of USD you want to invest and tap 'Open Trade'.

What are the fees to buy Crypto?
The fees to invest in Cryptocurrencies are relatively low if you choose to use the eToro exchange. We compared their fees with multiple other platforms like Coinbase and Uphold and found them significantly lower than their competitors. For example, Coinbase charges up to 5% in deposit fees, and Uphold charges 4%, whereas eToro doesn't charge any. The only cost charged on the exchange is the trading fee which is 1%.
M&T Bank Cryptocurrency Policy
M&T Bank has a positive view on Cryptocurrency and has not restricted its customers from investing in the asset class. This means it is safe to deposit USD into licensed Crypto platforms like eToro, which is regulated by FINRA and FinCEN. However, 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 financial institution based in Buffalo, New York, that offers a range of banking and financial services to individuals, businesses, and institutions. Founded in 1856, M&T Bank has grown to become one of the largest banks in the United States, with more than 750 branches and 1,800 ATMs located in New York, Maryland, Pennsylvania, Washington D.C., Virginia, West Virginia, New Jersey, and Delaware.
The bank provides a range of services, including personal banking, business banking, lending, insurance, and investment services. It is committed to delivering exceptional customer service and has received numerous awards and has been consistently ranked as one of the best-performing banks by various independent publications.
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Final Thoughts
As previously mentioned, it is not possible to purchase Cryptocurrency directly from M&T Bank. However, its clients can freely invest in the asset class by using a regulated digital asset exchange in the US. Our team completed a comprehensive evaluation of the top platforms in the country and identified eToro as the best option. If you are interested in learning more, visit our eToro Review.
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Author
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.