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Buy Crypto with First Premier Bank

Buy Crypto with First Premier Bank

Andrew Chen
Fact Checked
Sep 12, 2022

Our Summary: First Premier Bank does not offer any products or services which enables customers to buy Cryptocurrencies through their online banking platform. This means that First Premier users will need to sign up to a FINRA-licensed exchange to buy cryptocurrencies with an account funded through an ACH Transfer or First Premier Credit Card.

If you are looking to get started quickly, we recommend the eToro platform because they offer fast and cheap US Dollar deposits from First Premier Bank or Credit Card. They are one of the most trusted brokers in the United States with over 18 million active users.

Table of Contents

Platform Highlights

  • Trade 80+ Cryptos & 8,000+ Stocks, ETFs, Commodities and more.
  • Fast and cheap USD deposits from First Premier Bank ACH transfer and Credit Card.
  • A FINRA licensed platform with zero fees and tight spreads.

How to Buy Crypto with First Premier

The best way to buy Cryptocurrencies with a First Premier bank account, or with a First Premier Credit Card is through a licensed broker. On review of all online brokers, our research found that eToro is the most compatible exchange for First Premier Bank account holders. They offer over 80 cryptocurrencies and thousands of other stocks, ETFs and commodities for US investors.

You can get started in 4 simple steps:

  1. Sign up to the eToro platform and verify your personal or company information.
  2. Deposit USD from your First Premier Bank account via ACH Transfer,  First Premier Debit/Credit Card or Bank Wire.
  3. Find the Crypto you want to buy and select 'Trade'.
  4. Input the USD amount and execute your order.
Buy Crypto, Stocks and other assets via First Premier.

First Premier Bank Crypto Policy

First Premier Bank has a policy in place regarding cryptocurrency. The bank allows its customers to hold, buy and sell cryptocurrencies via approved exchanges. Customers are also able to use their debit cards to make purchases with merchants who accept cryptocurrency.

First Premier Bank has a team of experts who monitor the blockchain technology behind cryptocurrencies to ensure that their customers’ funds are safe on regulated platforms. They also work with law enforcement to prevent and investigate any illegal activity associated with cryptocurrency.

About First Premier Bank

First Premier Bank is a leading provider of credit products and services for consumers and small businesses in the United States. The bank offers a wide range of credit products, including credit cards, personal loans, home equity loans, and lines of credit. First Premier Bank is a member of the FDIC and is headquartered in Sioux Falls, South Dakota.

First Premier

First Premier is dedicated to helping customers manage their finances and reach their financial goals. The bank offers a variety of tools and resources to help customers budget, save, and make the most of their money. First Premier Bank also provides educational resources to help customers better understand credit and how to use it responsibly.

The bank is also committed to providing outstanding customer service. Their customer service representatives are available 24 hours a day, 7 days a week to help customers with their banking needs. First Premier Bank has a dedicated team of fraud specialists who work around the clock to protect customers from fraud and identity theft.

Andrew Chen

Former Bitcoin Maximalist turned multi-chain enjoyer. I hunt down the best yields across AVAX, Solana, Fantom and other networks.

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