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.
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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 to trade over 40 cryptocurrencies, stocks, commodities, ETFs and more with incredibly low fees.
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.