How to Buy Crypto with US Bank

The best way to buy digital assets with a U.S. Bank account in America is with a FINRA-licensed and regulated cryptocurrency broker like Uphold. Their platform allows you to transfer US Dollars (USD) for free to trade over 200 cryptocurrencies with zero commissions on their platform. They also offer crypto staking to earn up to 25% interest on deposits.

  1. Open an account with Uphold and complete the identity verification process.
  2. Go to ‘Deposit Funds’ and select 'My banks' to connect your U.S. Bank account.
  3. Find whatever asset you want to buy from the search bar and tap ‘Trade’.
  4. Enter the amount you want to purchase and select ‘Open Trade’.
Buy Crypto with Uphold via US Bank

What are the fees to trade Crypto?

Uphold does not charge any trading fees. There is no deposit or withdrawal fees when you transfer funds from your U.S. Bank account with an ACH Transfer. If you use a Debit Card or Credit Card, you will be charged a 2.49% deposit fee.

What is U.S. Banks cryptocurrency policy?

U.S. Bank's policy on cryptocurrencies is that it does not provide services to customers related to cryptocurrency, including buying or selling virtual currency, holding cryptocurrency accounts or providing/receiving payments in digital currencies. This includes all forms of virtual currency such as Bitcoin, Ethereum, Litecoin and Dogecoin. U.S. Bank does not accept deposits or provide other services related to cryptocurrency.

Customers who engage in trading activities, such as buying and selling virtual currency, must do so through another institution. Additionally, U.S. Bank is not responsible for any losses related to virtual currencies held with third-party institutions. They encourage customers to exercise caution when engaging in any type of virtual currency trading activity.

About U.S. Bank

U.S. Bank is one of the largest banks in the United States, with branches in 25 states and a wide range of financial products and services. The bank offers a full range of services for personal, business, and commercial customers, including checking and savings accounts, loans, credit cards, and investment products. U.S. Bank also offers a range of online and mobile banking services, making it easy for customers to manage their accounts and conduct financial transactions on the go. In addition, the bank has a network of ATMs and branches across the country, providing customers with convenient access to their money and other financial services.

Bottom Line

U.S. bank does not currently offer services related to cryptocurrency, but customers can use the platform of FINRA-licensed and regulated brokers like Uphold to access over 200 cryptocurrencies with zero commissions on their trades. This is also an ideal option for customers who need access to their funds quickly, as they can use Bank Transfer, Debit Card, Credit Card and Plaid to deposit funds with U.S. Bank in seconds.