Buy Crypto with Commerce Bank

How to Buy Bitcoin and Crypto with Commerce Bank

Investing in Bitcoin, Ethereum, and other cryptocurrencies using a Commerce Bank account can be done easily through a licensed exchange that accepts ACH transfers. Our recommended platform is eToro, a well-regulated and audited crypto broker that provides instant and free USD deposits via ACH, debit card or credit card from a Commerce Bank account. As a trusted custodian of funds, eToro ensures the safety of investors' assets.

Here is a simple step-by-step guide to getting started:

1. Create an account on eToro and complete your verification (personal or company).
2. Select the 'Deposit Funds' button at the bottom of your eToro Dashboard.
3. Connect your Commerce Bank account or Debit/Credit Card to quickly deposit US Dollars.‍
4. The final step is to find the Cryptocurrency you want to buy and execute your trade.

Is Commerce Bank Crypto-Friendly?

Yes, Commerce Bank is a crypto-friendly banking institution in the USA. They allow their customers to buy digital assets through FinCEN and FINRA-regulated crypto brokers, which is a great way to remove some risk from the shaky banking sector and diversify your portfolio with Bitcoin and other cryptocurrencies. With Commerce Bank, customers can easily invest in crypto through licensed brokers like eToro, which offers fast and secure USD deposits via ACH transfers, debit card or credit card.

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What are the Fees to Buy Crypto?

Commerce Bank offers customers the opportunity to invest in cryptocurrencies through licensed exchanges. The fees associated with investing in crypto assets vary between exchanges, but eToro offers some of the most competitive pricing in the US.  Customers can enjoy zero-fee deposits, commission-free trading, and tight spreads around 1% depending on the specific cryptocurrency they wish to trade.

Compared to well-known retail brokers like Coinbase and Kraken, who charge over 1.49% per trade, eToro's pricing structure is considerably more competitive, making it an attractive option for investors looking to minimize costs while trading crypto.

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What is Commerce Bank?

Commerce Bank is a financial institution in the United States that offers a wide range of banking and financial services to individuals, businesses, and corporations. Established in 1865, Commerce Bank has grown to become one of the largest banks in the Midwest, with a presence in multiple states including Missouri, Kansas, Illinois, Oklahoma, and Colorado. They offer various services such as personal banking, commercial banking, wealth management, and investment solutions.

Final Thoughts

Commerce Bank is a crypto-friendly banking institution in the USA that allows customers to invest in digital assets through licensed brokers such as eToro. With eToro, customers can easily and quickly deposit USD from their Commerce Bank account or debit/credit card, and trade over 70 cryptocurrencies with zero fees and tight spreads. Compared to other retail brokers like Coinbase and Kraken, eToro offers a more competitive pricing structure, making it an attractive option for investors looking to trade crypto while minimizing costs.