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How to Buy Crypto with Chime Bank

How to Buy Crypto with Chime Bank

Adrian Graham
Fact Checked
Nov 30, 2022

Summary: The Chime Bank app does not directly offer customers the ability to buy or sell cryptocurrencies through its online banking platform.

Chime account holders can invest in Bitcoin and other Cryptos by depositing US Dollars (USD) from their bank into a regulated digital asset exchange like eToro.

Table of Contents

Best Crypto Platform for Chime Bank

Platform Highlights

  • Fast and Cheap USD deposits from Chime Bank accounts via Bank Transfer, Debit Card or Credit Card.
  • Trade over 70 Cryptos on a Trusted and Regulated platform with over 20 million users.
  • Low and variable trading fees with tight spreads.
Chime Bank - eToro
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Deposit $100 get $10 Free
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

Can I buy Crypto with Chime Bank?

No, Chime Bank does not offer any cryptocurrency-related services such as crypto trading, crypto savings account, and crypto custody. This is because their banking platform does not support the necessary infrastructure to facilitate digital asset transfers on Ethereum, Solana, Bitcoin, and other blockchains.

Instead, customers of Chime Bank will need to sign up to a licensed and regulated trading platform in the United States to deposit USD and invest in crypto-assets.

Chime Bank Crypto
Chime Bank app.

How to buy Crypto with Chime Bank Online

The easiest way to buy cryptocurrencies with Chime online is by depositing USD from your account into a trusted brokerage platform. We recommend eToro because they offer fast and cheap US Dollar deposits from Chime to trade over 70 crypto assets.

Follow this simple 4 step guide to get started:

  • Step 1: Sign up to the eToro USA trading platform and verify your identity as a US citizen.
  • Step 2: Select the 'Deposit Funds' button at the bottom of your eToro Dashboard.
  • Step 3: Select USD and your preferred deposit method via Chime Bank to start buying Crypto (bank transfer, credit card/debit card or PayPal).
  • Step 4: Once the USD has landed in your account, you can buy, sell and trade any of the thousands of assets listed on their platform.
Deposit USD from Chime Bank to buy and sell Crypto.

Chime Bank Crypto Policy

Chime is a crypto-friendly bank that allows its customers in the United States to deposit and withdraw US Dollars from regulated digital asset service providers. This is why we recommend platforms like eToro and suggest avoiding off-shore exchanges like Binance, which may result in getting your bank account frozen.


About Chime Bank

Chime is a mobile-only bank based in San Francisco, California. The company offers a spending account, a Chime Visa® Debit Card, and a Chime Savings Account with no fees whatsoever. According to the company, over 2 million people have joined Chime since its inception in 2013.

The company is safe and regulated by the FDIC (Federal Deposit Insurance Corporation) and all deposits are covered by FDIC insurance up to $250,000 per account holder. SoFi was founded in 2011 by four Stanford University graduates who wanted to create a better way to finance their education. The company is now a leading online lender with over $4 billion in loan volume.

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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