Can you Buy Crypto with TD Bank?
Yes, you can purchase cryptocurrencies using your TD Bank account by transferring CAD to a FINTRAC-licensed crypto exchange in Canada. This can be done through bank transfer, debit card, credit card, e-Transfer, or another available payment method. Keep in mind, TD Bank does not directly provide digital asset trading services, so you need to use a licensed exchange that adheres to Canadian regulations.
How to Buy Bitcoin and Crypto with TD Bank
The best method for buying Bitcoin and other cryptocurrencies through TD Bank is by utilizing a Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) approved exchange. We suggest Bitbuy, as they hold FINTRAC and Ontario Securities Commission licenses, making them a top choice for investing in a wide variety of crypto assets in Canada.
You can get started from your TD account in 4 simple steps:
- Sign up to Bitbuy and complete the verification requirements.
- Connect your TD Bank account and select 'Interac e-Transfer' as your deposit method to transfer Canadian Dollars (CAD).
- Input the amount of CAD you want to deposit and finalise the transfer (instant deposits).
- Find the crypto you want to buy on the platform and execute your trade.

What are the Fees?
Fees for purchasing crypto with TD Bank vary based on the exchange you select. Bitbuy is among the most competitive exchanges in Canada, charging a flat trading fee as low as 0.1% per trade, depending on your trading volume. Additionally, they provide free and instant CAD deposits via Interac e-Transfer.
What Platform Can US-Based TD Bank Customers Use?
US TD Bank customers can utilize eToro, a FinCEN and FINRA-licensed platform, for a secure and compliant crypto trading experience Their platform offers instant USD deposits via ACH Transfer, debit card, credit cards and other methods to trade over 70 crypto assets with zero commissions and industry-leading spreads.
Is TD Bank Crypto-Friendly?
Yes, TD Bank is a crypto-friendly bank in Canada, allowing clients to use FINTRAC regulated exchanges for cryptocurrency investments. Customers can manage funds with debit cards and transfer money via email or Interac e-Transfer.
TD Bank doesn't freeze or hold funds when depositing into licensed platforms like Bitbuy. Issues may arise if customers use off-shore, unlicensed platforms such as Binance or KuCoin.

Bottom Line
In summary, TD Bank allows customers to participate in cryptocurrency trading by transferring CAD to a reliable, FINTRAC-regulated exchange like Bitbuy. Offering competitive fees, quick CAD deposits via Interac e-Transfer, and access to numerous crypto assets, Bitbuy is a top choice for TD Bank customers.
US-based TD Bank customers can use eToro, a FinCEN and FINRA-licensed platform, for secure and compliant crypto trading with instant USD deposits and a wide range of crypto assets. For a seamless and secure trading experience, be sure to avoid off-shore, unlicensed platforms.