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How to Buy Bitcoin or Crypto with Webster Bank

How to Buy Bitcoin or Crypto with Webster Bank

Adrian Graham
Fact Checked
Oct 1, 2022

Summary: The Webster Bank online banking platform does not offer any products or services for customers to buy cryptocurrencies. The only method that is available to users is to transfer US Dollars into a licensed crypto broker that offers digital asset trading services in the United States.

For investors looking to get started quickly, we recommend the eToro platform. They offer instant and free USD transfers from Webster Bank via ACH Transfer to invest in cryptocurrencies with low fees on their regulated exchange.

Table of Contents

eToro Platform Highlights

Platform Highlights

  • Fast and Cheap US Dollar deposits from US Banks and ACH Transfer.
  • Trade over 70 Cryptocurrencies on a trusted and regulated platform with low fees.
  • Special Offer: Deposit $100 and get $10 Free.
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

Is Webster Bank Crypto Friendly?

Yes, Webster Bank is crypto-friendly. They have been working with cryptocurrency companies for years and have built up a good reputation in the space. They offer banking services to both individuals and businesses involved in cryptocurrency.

Webster Bank has a good relationship with many major exchanges and wallets, so you should have no trouble using their services for your cryptocurrency needs.

How to buy Cryptocurrencies with Webster Bank

The easiest way to invest in Bitcoin, Ethereum, Solana and other cryptocurrencies with Webster Bank is through the eToro platform. They are one of the largest crypto brokers in the USA with over 18 million users. Their exchange offers instant USD deposits from Webster Bank via ACH transfer, debit card or credit card to trade a wide selection of digital assets.

You can get started in 4 simple steps from Webster online banking:

  1. Visit the eToro US trading platform and verify your identity.
  2. Select the 'Deposit Funds' button and find the USD bank transfer details.
  3. Deposit USD to the details from your Webster Bank online banking account.
  4. Select the crypto you want to buy on eToro and execute the trade.
Deposit USD to trade Cryptocurrencies from Webster Bank.

About Webster Bank

Webster Bank is a regional bank headquartered in Waterbury, Connecticut. The bank has over $20 billion in assets and offers a full range of banking, lending, and investment services to individuals, families, and businesses in the communities it serves.

Founded in 1935, Webster Bank is one of the largest banks in New England and has a long history of helping customers achieve their financial goals. The bank operates more than 200 branches and over 400 ATMs in Connecticut, Massachusetts, Rhode Island, and New York. Webster Bank is a member of the FDIC and an equal housing lender.

Webster Bank

If you're looking for a bank that can help you reach your financial goals, Webster Bank is a great option. The bank offers a wide range of products and services, including checking and savings accounts, loans, credit cards, and investment services. Webster Bank also has a strong commitment to the communities it serves and offers programs that help individuals and businesses thrive.

Does Webster Bank support Zelle?

Yes, Webster Bank supports Zelle. You can use Zelle to send and receive money with friends, family, and others you trust. You can also use Zelle deposits from your Webster account to invest in digital assets with an exchange that supports it as a payment method.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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