Summary: As at time of writing, SunTrust does not offer any native services for their customers to buy or sell cryptocurrencies like Bitcoin, Ethereum or Solana.
This ultimately means that SunTrust account holders will need to sign up to a regulated digital asset trading platform like eToro in the USA to deposit US Dollars and start investing.
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How to buy Crypto with SunTrust Bank
The cheapest and fastest way to buy Bitcoin and other cryptocurrencies with a SunTrust Bank account is through eToro. They offer instant USD deposits and zero commissions on trading for digital assets.
Their platform also allows you to invest in stocks, commodities and other ETFs, which means that you can do much more than just crypto trading. We tend to prefer this platform to competitors like Coinbase for this reason (also because Coinbase fees are incredibly high!).
Follow the guide below to get started.
- Sign up to eToro USA.
- Deposit your USD from SunTrust Bank via Bank Transfer or Debit Card/Credit Card.
- Find the cryptocurrency you want to buy.
- Input the USD amount and execute your trade.
SunTrust Bank Cryptocurrency Policy
SunTrust Bank does not have any internal banking policies that prohibit their customers from depositing or withdrawing from licensed cryptocurrency exchanges. This ultimately means it is safe to deposit USD into platforms like eToro without having to worry about your account or funds being frozen.
About SunTrust Bank
SunTrust Bank is one of the leading financial institutions in the United States. The bank offers a wide range of products and services to its retail and corporate customers. SunTrust has a strong presence in the Southeast region of the country and is headquartered in Atlanta, Georgia.
In February 2019, SunTrust announced its merger with BB&T Corporation, another large financial institution based in North Carolina. The combined company is called Truist and is expected to have $447 billion in assets and in 15 states and Washington D.C. The new Truist will be well-positioned to serve its customers and communities with best-in-class products and services. The new bank will have the scale and resources to invest in technology and innovation, further enhance the customer experience, and support long-term growth.