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Buy Crypto Navy Federal Credit Union

Buy Crypto Navy Federal Credit Union

Fact Checked
January 2, 2023
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Summary: The Navy Federal Credit Union does not directly offer a way to buy Bitcoin and cryptocurrencies through its online banking platform.  However, there are methods to purchase digital assets with your NFCU account through regulated and licensed trading platforms.

If you're looking to get started quickly, we recommend the Uphold exchange because they are safe and licensed in the US by FinCEN to provide Crypto brokerage services. With this method, you can transfer funds from NFCU with a bank deposit, credit card or debit card to invest in 200+ crypto assets with low fees.

Table of Contents

Best Crypto Exchange for Navy Federal Credit Union

Platform Highlights

  • Trade 210+ Cryptos with fast & cheap USD Deposits via Navy Federal Credit Union ACH Transfer or Credit/Debit Card.
  • Regulated by FinCEN in the USA and has an Audited Proof-of-Reserves.
  • Feature-rich platform with Crypto Staking and hundreds of Stocks, ETFs & Metals to trade.
Uphold - Navy Federal Credit Union
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Audited Proof of Reserves
Audited Proof of Reserves

Is the Navy Federal Credit Union Crypto-Friendly?

Yes, the Navy Federal Credit Union is crypto-friendly. They allow their members to use FINRA-licensed trading platforms to invest in Bitcoin, Ethereum and other digital assets. They also offer a mobile app that allows members to track their portfolios and transactions. Overall, the Navy Federal Credit Union is a great choice for those looking for a credit union that is friendly towards cryptocurrencies.

NFCU Crypto
NFCU Banking.

How to Buy Bitcoin and Crypto with NFCU

As mentioned above, the best way to invest in digital assets with an NFCU account is with a licensed broker. We recommend Uphold because they offer fast and cheap ACH bank transfers from Navy Federal Credit Union to buy and sell cryptocurrencies, stocks, ETFs and other assets all in one platform.

You can get started in 4 simple steps:

  1. Sign Up: Create an account on Uphold and complete your verification (personal or company).
  2. Connect Account: Select the currency you want deposit on the Uphold Platform (USD + 30 more).
  3. Deposit Funds: Connect your NFCU Bank account or Debit/Credit Card to quickly deposit your selected fiat currency.
  4. Buy Crypto: The final step is to find the cryptocurrency you want to buy and execute your trade.
Buy Crypto Navy Federal Credit Union.
Deposit USD from Navy Federal Credit Union.

Fees to Invest in Digital Assets with NFCU

The fees to invest in digital assets will vary depending on the broker you use. At Uphold, there is no commission to buy or sell cryptocurrencies, stocks, ETFs and other assets. You will only be charged a small spread on each trade which is generally less than 0.5%. There are also no deposit or withdrawal fees.

This is significantly cheaper than mainstream alternatives like eToro or Coinbase, which charge 2.99% per trade, which does not include their deposit and withdrawal fees.

About Navy Federal Credit Union

Navy Federal Credit Union is the world’s largest credit union with over 8 million members, $91 billion in assets, and more than 18,000 employees. They serve the men and women of the U.S. Navy, Marine Corps, Army, Air Force, Coast Guard, veterans of the armed forces, and their families.

Navy Federal Credit Union offers a wide range of financial products and services to its members, including checking and savings accounts, credit cards, auto loans, mortgages, personal loans, student loans, investment products, and more. NFCU is headquartered in Vienna, Virginia and has branches located across the United States.

Final Thoughts

Navy Federal Credit Union is one of the best options for those looking to invest in digital assets with a US financial institution. With Uphold, NFCU members can safely and quickly deposit funds from their bank account or credit/debit card to buy and sell hundreds of cryptocurrencies, stocks, ETFs and other assets. Plus, they offer great low fees.

NFCU also offers a mobile app that allows members to track their portfolios and transactions, making it easy and convenient to manage their investments. All in all, Navy Federal Credit Union is an excellent option for those looking for a crypto-friendly financial institution.

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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