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How to buy Crypto with Betterment

How to buy Crypto with Betterment

Adrian Graham
Fact Checked
Jul 26, 2022

Summary: The Betterment investing app does not directly offer cryptocurrency trading on its platform. That said, they have acquired a crypto platform called Makara for US investors, however, it offers a poor user experience and high trading fees.

For investors in the United States, we recommend eToro as the best multi-asset broker that offers over 70 Cryptos and thousands of Stocks, ETFs, Commodities, and more.

Table of Contents

Platform Highlights

Can I buy Cryptocurrencies with Betterment?

No, the Betterment app does not yet offer cryptocurrency investing. They have recently announced the acquisition of Makara, a crypto investing app, and have plans to integrate crypto on the Betterment platform soon.

The Makara app currently offers over 60 cryptocurrencies to buy, sell and trade through their app including Bitcoin, Ethereum, Solana, Avalanche, Terra, Synthetix, UniSwap, AAVE and many others. The Makara investing app (owned by Betterment) charges expensive fees of over 1.5% per trade when you include the swap fee and spread. This makes them one of the most expensive platforms in the USA.

Buy Crypto with Makara by Betterment
Makara: Crypto App acquired by Betterment.

How to buy Crypto with a Betterment alternative?

The best way for investors to buy Crypto, Stocks and other assets all in one platform is through eToro US.  They are a global multi-asset broker with over 10 million clients and offer investors the ability to buy, sell and trade Cryptocurrencies, Stocks, ETFs, Commodities and more. eToro has some of the lowest commissions in the market with 0% fees and an average of 0.5% on price spreads.

To get started investing in Crypto with eToro, you will need to follow this simple guide:

  1. Create an account: Sign up to the eToro US trading platform & verify your identity.
  2. Deposit funds: Select the 'Deposit Funds' button on the bottom of your screen to deposit USD via Bank Transfer or Credit Card/Debit Card.
  3. Find your Crypto: Once the USD hits your account, find the Crypto you want to buy on the eToro platform with their 'Discover' tab.
  4. Execute your trade: Input the USD amount you want to invest and execute your trade.
Invest in multiple asset classes with eToro US.

Are my Funds Safe with Betterment?

Yes, if you choose to use Betterment when they release their Crypto platform, your deposits are FDIC insured for up to $1M. If you have a joint Cash Reserve account, you are covered for up to $2M in FDIC insurance.

About Betterment

Betterment is a financial services company that provides online investment, retirement, and personal banking services. The company was founded in 2008 by Jon Stein and Eli Broverman, and is headquartered in New York City.


They offer several different types of accounts, including traditional brokerage accounts, Roth and traditional IRAs, SEP-IRAs, and trust accounts. The Betterment app gives investors access to hundreds of managed portfolio options, ETFs and more for a low annual fee of 0.25%. They are a member of the Securities Investor Protection Corporation (SIPC) and are registered with the U.S. Securities and Exchange Commission (SEC).

The company also offers a line of credit products. Betterment has been featured in many publications, including The New York Times, Wall Street Journal, Forbes, and CNBC. They have also received numerous awards, including being named one of the "Best Places to Work" by Inc. magazine and one of the "Top 100 Places to Work" by Glassdoor.

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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