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How to buy Crypto with US Bank

How to buy Crypto with US Bank

Sara White
Fact Checked
Sep 13, 2022

Our Summary: U.S. Bank does not directly offer any methods for customers to buy Cryptocurrencies like Bitcoin and Ethereum through their online banking platform. This means that US Bank customers will need to sign up to a FINRA-licensed exchange to invest in digital assets.

If you are looking to get started quickly, we recommend a platform like eToro because they offer fast and cheap US Dollar deposits via US Bank ACH Transfer. You can get started in minutes on their licensed and regulated brokerage platform.

Table of Contents

Best U.S. Bank Crypto Exchange

Platform Highlights

  • Fast and Cheap USD deposits from U.S. Bank Online.
  • Trade 70+ Cryptos & 7,000+ Stocks, ETFs and more.
  • Zero fees or trading commissions on Crypto & Stocks.

Can I buy Crypto with U.S. Bank?

US Bank have recently announced that they will offer custodial services for institutional clients to hold their digital assets with the bank. However, US Bank does not offer the ability for retail or institutional customers to buy or sell cryptocurrencies directly through their online banking platform or at a bank branch.

US Bank Mobile App for Personal and Business Banking.

How to buy Crypto with U.S. Bank online

The best way to buy crypto with a U.S. Bank account is through a SEC regulated exchange in the United States. We recommend eToro because they adhere to the relevant laws in the United States, and offer zero fees to trade cryptos, stocks, ETFs and commodities.

You can follow the simple 4-step guide below to get started via US Bank.

  1. Sign up to the eToro trading platform and verify your identity.
  2. Select the 'Deposit Funds' button to transfer USD from your US Bank account to the platform.
  3. Find the cryptocurrency you want to buy.
  4. Input the US Dollar amount and execute your trade.
Buy Crypto, Stocks and more with U.S. Bank.

US Bank Crypto Policy

The recent decision for US Bank to provide custodial services to their institutional clients highlights a broader shift in sentiment towards digital assets by banks in America. As at time of writing, there are no internal banking policies at US Bank that prohibit or ban any customers from investing in cryptos like Bitcoin, Ethereum and Solana.

This means that you are safe to sign up to regulated platform in the United States and deposits funds from your U.S. Bank account.

About US Bank

U.S. Bank is the fifth-largest commercial bank in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. It has 3,133 domestic offices and 5,860 ATMs across the United States and serves more than 20 million customers.

U.S. Bank

U.S. Bank is a subsidiary of U.S. Bancorp, with $671 billion in assets as of December 31, 2021. The company operates 3,106 banking offices in 25 states and 4,842 ATMs. It also provides services such as investment management, mortgage banking, insurance, and capital markets products.

U.S. Bancorp was founded in 1863 and is headquartered in Minneapolis, Minnesota. The company has operations in all 50 states and the District of Columbia.

Sara White

I fell into crypto during the 2017 mania and have been around ever-since. I know write, research and publish my own reports on the digital asset ecosystem.

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