Can I Buy Bitcoin with Truist Bank?

Truist Bank does not currently offer direct cryptocurrency trading or custody services. However, customers can still invest in Bitcoin and other digital currencies by transferring funds from their accounts to crypto exchanges in the United States, which are regulated by the Financial Crimes Enforcement Network (FinCEN).

Funding your cryptocurrency account from Truist Bank typically involves straightforward bank transfers, including ACH transfers, wire transfers, or debit card payments. This allows clients to securely engage in crypto investing while adhering to all relevant U.S. financial regulations.

How to Buy Crypto with Truist Bank

Truist Bank customers can invest in cryptocurrencies by transferring U.S. dollars (USD) from their bank accounts to regulated cryptocurrency exchanges operating under U.S. Financial Crimes Enforcement Network (FinCEN) guidelines.

A trusted crypto platform in the U.S. is Kraken, registered as a Money Services Business with FinCEN (MSB Reg #31000270997766). Kraken accepts USD deposits via ACH transfers, wire transfers, PayPal, FedWire, Cubix, and debit card payments.

Follow this guide to buy cryptocurrency with Truist Bank through Kraken:

1. Create Your Kraken Account: Visit Kraken's website, sign up, and complete their standard Know Your Customer (KYC) identity verification process.
2. Deposit USD: Navigate to Kraken's funding page, choose your preferred deposit method, and send USD from your Truist Bank account.
3. Choose Your Cryptocurrency: Review Kraken’s wide selection of 450 cryptocurrencies available for trading. 
4. Complete Your Purchase: Enter the USD amount you want to invest, carefully verify all transaction details, and confirm your purchase. Your chosen cryptocurrency will promptly reflect in your Kraken account wallet.

Truist Bank Cryptocurrency Policy

Truist Bank does not directly provide cryptocurrency trading or custodial services through its banking channels or investment platforms. Customers who wish to engage in crypto investing, however, can transfer money from their Truist accounts to crypto exchanges registered with the Financial Crimes Enforcement Network (FinCEN).

Although Truist generally processes USD transactions to regulated crypto exchanges, the bank retains the authority to monitor and halt transactions flagged for potential risk, security concerns, or regulatory compliance issues. This practice helps protect clients against fraudulent activity and aligns with Truist's broader commitment to financial security and regulatory adherence.

Alternative Crypto Exchanges for Truist Customers

Truist Bank customers who want to invest in cryptocurrencies can choose from several reputable digital asset exchanges in the United States:

• Binance.US: Binance.US is registered with FinCEN and enables deposits in USD directly from Truist accounts through ACH transfers, domestic wire transfers, or debit cards. The platform supports over 150 cryptocurrencies with a 0.1% fee per trade.
• Gemini: Gemini provides a user-friendly platform accepting USD deposits from Truist Bank via ACH or wire transfers. The exchange offers approximately 100 cryptocurrencies and charges transparent fees averaging around 0.2% per trade.
• Coinbase: Coinbase accepts USD funding from Truist Bank accounts through ACH transfers, wire transfers, and debit cards. It supports over 250 cryptocurrencies with a transparent fee structure of around 0.5% per transaction.

Before selecting an exchange, Truist customers should carefully review important factors such as the range of available cryptocurrencies, accepted deposit methods, clearly disclosed fees, and security measures to ensure alignment with their investment objectives.

About Truist Bank

Truist Bank is a Charlotte, North Carolina–based financial institution formed in December 2019 by the merger of BB&T and SunTrust. As one of the top‑ten U.S. commercial banks, Truist serves approximately 15 million customers through over 1,900 branches across 17 states and Washington, D.C., with total assets exceeding $544 billion. 

The bank offers a full suite of services, from consumer and small business banking to wealth and capital markets, insurance, mortgages, and specialized lending, built on a purpose‑driven mission to inspire and strengthen communities while advancing digital innovation and regulatory compliance.

Final Thoughts

Truist Bank doesn’t offer integrated cryptocurrency services; however, by using regulated exchanges like Binance.US, Gemini, or Coinbase, clients can safely invest by transferring USD from their Truist accounts via ACH, wire transfer, or debit card. 

Choose platforms registered with FinCEN to ensure compliance and transparent fees, and always assess the supported assets, deposit methods, and security measures.