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How to buy Bitcoin or Crypto with South State Bank

How to buy Bitcoin or Crypto with South State Bank

Dylan Matthews
Fact Checked
Aug 1, 2022

Summary: The best way to buy Bitcoin and Cryptocurrencies with a South State Bank account is through a regulated trading platform like eToro.

They offer fast USD deposits from South State Bank Online accounts to buy over 30 different cryptocurrencies with low fees.

Table of Contents

Platform Highlights

Can I buy Crypto with South State Bank?

South State Bank does not currently offer a way for customers to buy Bitcoin and cryptocurrency directly through their online banking platform. The only way that customers can buy Crypto via South State Bank is by depositing USD from their account into a licensed digital asset exchange.

How to buy Crypto with South State Bank online

The fastest and easiest way to buy cryptocurrencies with South State Bank is via the eToro trading platform. They offer fast USD deposits and the ability to buy or sell cryptocurrencies, stocks, ETFs, commodities, bonds and more.

You can follow the short guide below to buy BTC from your South State account:

  1. Sign up to eToro US
  2. Verify your personal information (or company information)
  3. Select the 'Deposit Funds' button on the bottom left
  4. Follow the prompts to receive USD bank transfer details
  5. Click the 'Discover' button and find 'Bitcoin'
  6. Input the amount of USD you want to buy in BTC and execute the order
Buying Bitcoin with South State Bank via eToro

South State Bank Crypto Policy

As at time of writing, South State Bank does not ban their customers if they are seen to be engaging in the digital asset ecosystem. Clients of South State are safe to deposit and withdraw US Dollars from licensed and regulated exchanges like the eToro platform.

If you are caught using off-shore trading platforms like BitMex or Gate.io, the bank may ban your account or freeze your funds.

Dylan Matthews

I am the Founder & CEO of Buy Bitcoin Bank and was previously an engineer for a Prop trading firm in Crypto.

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