Can you Buy Crypto with Chime Bank?
Yes, you can buy cryptocurrency using a Chime Bank account or Chime Credit Card. To do this, You will need a FinCEN-registered and FINRA-licensed US exchange that takes ACH transfers and deposits from Chime. Many platforms also accept Chime Credit and Debit Cards for deposits.
Chime Bank doesn't directly handle crypto transactions, so you'll need a compliant exchange. By using a regulated US exchange, you keep your transactions safe and maintain consumer protection.
How to Buy Bitcoin or Crypto with Chime Bank
As outlined above, buying Bitcoin, Ethereum, and other cryptocurrencies with Chime Bank is simple thanks to the wide variety of regulated exchanges in the USA. All investors need to do is sign up to an exchange, deposit USD from their Chime Bank accounts via Bank Transfer, Credit Card, Debit Card, Apple Pay or Google Pay. Once your funds are on the exchange you will have access to buy, sell and stake crypto assets.
Here is a simple 4-step guide for buying crypto with Chime Bank using our recommended broker eToro:
- Visit eToro to sign up and verify your identity.
- Select the 'Deposit Funds' button on the bottom left of your screen.
- Select the amount of USD you want to deposit and your preferred deposit method (e.g Chime ACH Transfer or Debit/Credit Card).
- Complete the USD deposit and use the funds credited to your account to invest in cryptocurrencies.

Crypto Trading & Investing Fees
Cryptocurrency investing has proven to be a goldmine of fortune over the years. This is why many exchanges charge unbelievably high fees for different types of transactions. These fees may seem small individually, but when you sum up how much money you fork out in fees to withdraw, deposit and trade, you will realize how exorbitant they are.
However, on eToro, you pay minimal fees as the exchange doesn’t charge any fees to deposit USD or crypto to its platform. The only additional cost is the spread between the buy and sell price which averages at around 1% per trade. This is significantly cheaper than popular retail platforms like Coinbase who can charge in excess of 2% per transaction.
Does Chime Bank Support Cryptocurrency?
Although Chime Bank does not offer crypto trading on its platform, it has taken its time to educate its customers with a beginner’s guide to cryptocurrency investment in a move that suggests a pro-Crypto posture.
Add that to the fact that it allows account holders to transfer USD to exchanges like eToro, and we can agree they do not have any problems with customers buying, investing, and selling crypto assets. Furthermore, there have been zero reports of users funds being frozen or halted when transferring to a SEC & FINRA-regulated exchange.

About Chime Bank
Chime Bank is a mobile banking app and Visa debit card provider. Founded in 2013, Chime offers online banking services with no monthly fees, overdraft fees, or minimum balance requirements. In addition to traditional banking features such as direct deposit and bill pay, Chime also offers a Savings Account feature that automatically sets aside 10% of every purchase made with the Chime debit card.
Chime has recently announced their policy on cryptocurrency transactions, stating that they currently do not support buying or selling of cryptocurrencies through the Chime app or with the Chime Visa debit card. However, those who have cryptocurrency balances in external wallets will still be able to use their Chime Visa debit card for purchases at merchants that accept cryptocurrency.
Bottom Line
In conclusion, while Chime Bank doesn't directly support crypto trading, you can still purchase cryptocurrencies using your Chime account or credit card via a regulated US exchange. By following the outlined steps and using our recommended broker eToro, you can securely invest in digital assets with minimal fees.
Chime Bank's stance on cryptocurrency transactions is clear, and although not supported within their platform, they provide resources for customers and facilitate transfers to regulated exchanges.