How to Buy Bitcoin and Crypto with TD Bank
As mentioned above, the best method to buy Cryptocurrencies with a TD Bank account in the USA or Canada is with a regulated broker. We recommend Uphold because they offer instant deposits from TD Bank to trade over 200 cryptocurrencies and hundreds of stocks, ETFs, metals and other assets.
You can get started in 4 simple steps with this guide:
- Open an account with Uphold and complete the identity verification process.
- Go to ‘Deposit Funds’ and select 'My banks' to connect your TD Bank account.
- Find whatever asset you want to buy from the search bar and tap ‘Trade’.
- Enter the amount you want to purchase and select ‘Open Trade’.
What are the Deposit Fees from TD Bank?
Fortunately for users, if you transfer funds via ACH Transfer (Bank Transfer) or Interac e-Transfer (in Canada) - there are zero deposit fees on platforms like Uphold. The only other fee you will need to consider is the trading fee, which is 0.5% for spot trades on Uphold. This is significantly cheaper than alternatives like eToro or Coinbase - which charge 1% and 1.99% respectively.
Is TD Bank Crypto-Friendly?
Yes, TD Bank is crypto-friendly. The bank allows customers to purchase and sell cryptocurrencies like Bitcoin, Ethereum, Solana, and other digital assets through licensed and regulated brokers. Customers can also use their TD Bank debit or credit cards to make payments for cryptocurrency purchases online from exchanges or through peer-to-peer transactions. You can use your TD Bank online banking to view and track the performance of your digital asset investments.
Additionally, TD Bank offers a wide range of tools such as portfolio tracking, account alerts, and trading insights that are designed to help customers make informed decisions about their cryptocurrency investments.
About TD Bank
TD Bank is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. It operates primarily in the United States and Canada. TD Bank is the sixth largest bank in North America by branches and serves more than 25 million customers worldwide.
In the U.S., TD Bank operates its retail banking business as TD Bank, N.A., and offers a full range of financial products and services, from basic checking accounts to sophisticated wealth management solutions. The bank has over 1,100 branches across the United States and employs more than 23,000 people.
In Canada, the banking operations are branded as TD Canada Trust and offer personal and business banking solutions such as chequing and savings accounts, insurance products, mortgages and lines of credit. TD Canada Trust operates over 1,100 branches across Canada and employs more than 22,000 people in its Canadian network.
TD Bank also offers a range of investment services through the TD Wealth division. Through this division, customers can access a wide range of financial products such as mutual funds, stocks and bonds, as well as access to expert financial advice. In addition, TD Bank customers can also benefit from a range of digital banking solutions such as mobile banking and online banking tools.
Overall, TD Bank is one of the most trusted financial services providers in North America and has been consistently recognized for its world-class customer service and innovative banking solutions. The bank's mission is to provide its customers with the tools they need to achieve their financial goals and create wealth.
