Crypto Banks
How to Buy Crypto with Arvest Bank

How to Buy Crypto with Arvest Bank

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March 5, 2023
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Summary: Arvest Bank doesn't provide any services for investing in cryptocurrencies through its online banking platform. Therefore, customers of Arvest Bank who wish to buy or sell digital assets must register with a licensed cryptocurrency broker in the United States.

We suggest using the eToro exchange for a quick start because they offer fast and low-cost ACH transfers from Arvest online banking to purchase and hold more than 80 cryptocurrencies.

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eToro Platform Highlights

Platform Highlights

  • Fast and Cheap US Dollar deposits from all US Banks via ACH Transfer, Debit Card or Credit Card.
  • Trade over 80 Crypto Assets on a trusted and regulated platform with low fees.
  • eToro USA LLC is licensed & registered with FinCEN as a Money Services Business & is a member of FINRA.
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How to buy Bitcoin or Crypto with Arvest Bank

The fastest and easiest way to buy Bitcoin, Ethereum, Solana and other cryptocurrencies with Arvest Bank is through a licensed crypto-asset broker. We recommend the eToro exchange because they offer instant US Dollar (USD) deposits from Arvest via ACH Transfer, debit card or credit card.

You can get started in 4 simple steps:

  1. Sign Up: Visit the eToro US platform and verify your identity.
  2. Deposit USD: Select the 'Deposit Funds' button at the bottom of your eToro Dashboard.
  3. Complete Transfer: Select USD as your preferred fiat currency, and your preferred deposit method. ACH Transfers or Credit Card/Debit Card are the best options for Arvest Bank
  4. Buy Crypto: Once the USD hits your account, find the crypto you want to buy and execute the trade.
Buy cryptocurrencies with an ACH Transfer from Arvest Bank.

Is Arvest Bank Crypto Friendly?

Arvest Bank appears to be friendly towards cryptocurrency. It has been reported that the bank allows its customers to buy and sell Bitcoin through its online banking platform. Arvest also allows its customers to use their debit cards to purchase goods and services with Bitcoin.

It is unclear if the bank has any official policy on cryptocurrency, but it appears that it is open to the idea of using and accepting cryptocurrencies. This is a positive development for the cryptocurrency industry, as it shows that traditional financial institutions are beginning to warm up to the idea of digital currencies.

About Arvest Bank

Arvest Bank is a regional bank based in Arkansas, and it is one of the largest banks in the state. The bank has over 300 branches and more than 2,000 employees. Arvest Bank is a member of the Federal Deposit Insurance Corporation (FDIC) and is regulated by the Office of the Comptroller of the Currency (OCC).

The bank has branches in Arkansas, Kansas, Missouri, and Oklahoma. Arvest offers a variety of banking services including checking and savings accounts, loans, and credit cards. The bank also offers investment products and services through its subsidiary, Arvest Investments. Arvest Bank has over $16 billion in assets and is the largest bank in Arkansas.

Final Thoughts

In summary, Arvest Bank does not offer any cryptocurrency investing services through its online banking platform. However, it appears to be friendly towards cryptocurrencies and allows its customers to buy and sell Bitcoin through its online banking platform. To buy and sell other digital assets, customers will need to sign up with a licensed cryptocurrency broker, such as eToro, which offers fast and low-cost ACH transfers from Arvest online banking.

Dylan Matthews

Dylan Matthews is the Co-Founder and head of operations at Buy Bitcoin Bank, with a background in engineering and experience as a Prop Trader. He has leveraged his knowledge and skills to build and scale the platform, providing users with a seamless experience for buying and selling cryptocurrency.

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