How to Buy Crypto with BMO Harris Bank

While there are several ways to buy crypto, Uphold is one of the most popular platforms for BMO Harris account holders looking for a simple and user-friendly way to invest in Bitcoin, Ethereum, and other digital assets. BMO Harris customers can deposit funds to Uphold via Bank Transfer, Credit/Debit Card or Apple Pay & Google Pay.

  1. Open an account with Uphold and complete the identity verification process.
  2. Go to ‘Deposit Funds’ and select 'My banks' to connect your BMO Harris Bank account.
  3. Find whatever asset you want to buy from the search bar and tap ‘Trade’.
  4. Enter the amount you want to purchase and select ‘Open Trade’.
BMO Harris Bank Crypto
Connect your BMO Harris Bank Account.

How much should I invest In Cryptocurrency?

There is no set answer for how much you should invest in cryptocurrency. It depends on many factors, including your risk tolerance, investment goals, and how much you know about the market. Some people invest a small amount of money to start, while others invest thousands of dollars.

Before investing any money in cryptocurrency, you must do your own research and understand the risks involved. Cryptocurrency is notoriously volatile, and prices can go up and down quickly. You could lose all of your investment if you're not careful.

If you're just starting out, it's a good idea to invest a small amount of money and not put all your eggs in one basket. You can always invest more later if you're doing well. Whatever you do, don't invest more than you can afford to lose. Cryptocurrency is a risky investment, and you could lose everything you put into it.

Why doesn’t BMO Harris Bank support Crypto?

While the bank is open to new technologies and innovation, BMO Harris Bank has yet to determine whether cryptocurrencies are stable or secure enough to adopt on their online banking platform.

For now, BMO Harris Bank will continue to monitor the development of cryptocurrencies and may offer support in the future if they become more globally adopted. In saying that, the bank has no issue with its customers investing in digital assets with their BMO Harris account or credit/debit card. There is nothing highlighted in their policies that would prohibit this.

About BMO Harris Bank

BMO Harris Bank is a financial institution headquartered in Chicago, Illinois and a member of the BMO Financial Group. As one of the largest banks in the Midwest, they offer a full range of banking services for individuals and businesses, including personal checking and savings accounts, loans, mortgages, credit cards, investment options, and commercial banking services.

BMO Harris Bank

It has a long history dating back to 1882 when Harris Bank was founded in Illinois, Chicago. The bank has since grown to become one of the most significant banks in the Midwest and has over 600 branches across the United States.

The bank has over 600 branches throughout Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona, and Florida. In addition to their physical locations, their online and mobile banking platforms provide convenient options for managing finances on-the-go. They have a strong reputation for customer service with stellar reviews from sources like JDPower and Consumer Reports.