Summary: You cannot directly buy Bitcoin or Cryptocurrencies like Ethereum through the Bank of the West online banking platform.
Instead, users must sign up to a licensed digital asset trading platform like eToro to deposit USD from their Bank of the West login to start trading.
- Fast and Cheap US Dollar deposits from US Banks and ACH Transfer.
- Trade over 70 Cryptocurrencies on a trusted and regulated platform.
- Low and variable trading fees with tight spreads.
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Can I buy Crypto with Bank of the West
Bank of the West does not support cryptocurrency buying or selling directly through their online banking platform. Further, their bank does not offer any crypto custody services - which means you cannot store your digital assets with Bank of the West.
This ultimately means that account holders will need to find a licensed and regulated digital asset trading platform in the United States that is approved by the SEC.
How to buy Crypto with Bank of the West Online
The easiest way to buy cryptocurrencies with Bank of the West online is with a trusted trading platform like eToro. They offer fast USD deposits from Bank of the West to trade over 60 cryptocurrencies and thousands of Stocks, ETFs, Commodities, Treasury Notes, and much more.
You can get started with this simple guide:
Step 1: Sign up to the eToro US trading platform.
Step 2: Select the 'Deposit Funds' button on your eToro Dashboard.
Step 3: Select 'USD' as your Fiat currency and 'Bank Transfer' to send funds from your Bank of the West Online account.
Step 4: Login to your Bank of the West account and send USD to the direct deposit details provided to you by eToro.
Step 5: Once the money is in your account, you will be able to buy or sell any asset available on the platform for zero commissions.
Once you complete your purchase of a Crypto like Bitcoin, Ethereum or Solana - it will automatically be stored in your eToro Managed Crypto Wallet for secure custody. You can withdraw it onto a personal wallet, or to another exchange at any time.
About Bank of the West
Bank of the West is one of the largest banks in the United States. They offer a wide range of services, including checking and savings accounts, loans, and investment options. They have branches all over the country, so you can easily find one near you. They also have an online banking option that makes it easy to manage your account from anywhere.
The customer service at Bank of the West is excellent, having won multiple customer service awards in recent years. They are always available to help you with any questions you may have. They also offer a lot of helpful resources on their website, so you can learn more about your finances and how to make the most of your money.
Overall, Bank of the West is a great choice for anyone who is looking for a bank with a lot of experience and a wide range of services. They are a great option for both personal and business banking needs.