How to Buy Crypto with Truist Bank
A fast and simple guide on how to buy Bitcoin and crypto assets with a Truist Bank account. Get started with a trusted & regulated platform.
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.
Summary: The most streamlined way to invest in cryptocurrencies using a Truist Bank account involves partnering with a U.S.-based crypto broker that is certified by FinCEN. This approach allows for easy fund transfers via ACH, or through the use of a Truist Bank debit or credit card, making the acquisition and sale of digital assets more convenient.
After evaluating over 20 platforms, we endorse eToro as the top pick. Being a regulated platform, eToro expedites deposits from Truist Bank and offers a wide range of cryptocurrencies for trading. Moreover, eToro stands out as a cost-effective option when contrasted with platforms like Coinbase, which are often scrutinized for their elevated fees.
Can I Buy Crypto with Truist Bank?
Yes, Truist Bank customers can acquire Bitcoin as well as a variety of other cryptocurrencies by linking their bank account or using their credit card. Yet, it's important to note that Truist Bank doesn't handle these transactions directly. To go about it, you'll need to use a U.S.-based cryptocurrency exchange that adheres to FinCEN regulations and is capable of accepting ACH transfers from Truist Bank accounts. Given that Truist Bank isn't the one directly overseeing the cryptocurrency transactions, it's crucial to opt for an exchange that is fully compliant with existing financial laws.
How to Buy Bitcoin and Crypto with Truist Bank
The most straightforward way to enter the world of cryptocurrency using your Truist Bank account is to team up with a reputable crypto exchange based in the U.S. For Truist Bank clients, eToro emerges as a top choice. The platform offers swift and fee-free options for depositing USD, including options like ACH Bank Transfer, Debit Card, and Credit Card, among others.
Follow this step-by-step guide to buy digital assets directly from your Truist Bank account:
- Navigate to the eToro official website to register and confirm your identity.
- Locate the 'Deposit Funds' option, usually situated at the bottom left corner of your dashboard.
- Enter the USD amount you aim to deposit and select your desired deposit method, such as a Truist Bank ACH Transfer or Debit/Credit Card.
- Finalize the USD deposit operation and utilize the credited funds to commence your crypto investments.

What are the Fees?
The costs involved in purchasing Bitcoin and other digital assets using a Truist Bank account can differ depending on your chosen exchange platform. Key fees to be aware of include deposit charges, withdrawal expenses, spread fees, and transaction costs.
For those banking with Truist, eToro stands out as a cost-effective choice. Specifically, eToro provides free USD deposits, predominantly via ACH Transfer, along with competitive trading fees. When you buy cryptocurrencies on eToro, the main expense to keep in mind is a modest 1% spread. This is considerably more favorable than other platforms like Binance or Coinbase, where fees can go beyond 2%.
Is Truist Bank Crypto-Friendly?
Truist Bank enables its customers to explore the evolving landscape of digital currencies, featuring popular options like Bitcoin, Ethereum, and Tether (USDT). This is possible through cryptocurrency exchanges that adhere to guidelines laid out by authoritative institutions like the U.S. Financial Crimes Enforcement Network (FinCEN). Truist Bank supports USD deposits through various avenues, such as ACH transfers, debit cards, and credit cards on these platforms.
By choosing an exchange that is in compliance with regulatory requirements, Truist Bank clients can feel secure in their ventures into the crypto ecosystem, knowing they align with both domestic and international financial regulations. This forward-thinking approach fosters customer involvement in the cryptocurrency space, all while maintaining essential legal protocols.

Bottom Line
In conclusion, Truist Bank provides a viable pathway for those looking to invest in cryptocurrencies, thanks to its compatibility with U.S.-based, FinCEN-certified crypto exchanges. Among the available options, eToro stands out as a top choice for Truist customers due to its quick, fee-free USD deposits and modest trading fees, making the journey into the world of digital assets both efficient and cost-effective. With Truist Bank's progressive stance on cryptocurrency and eToro's user-friendly platform, investing in digital currencies has never been more accessible and secure.