by Yuval Halevi

Finding crypto-friendly banks might be a difficult task. With many limitations, it’s important to understand the banks that allow crypto transactions. In this blog, we will discuss some of the banks that are crypto-friendly.

Crypto Friendly Banks The Complete List For 2022

Many people consider cryptocurrency to be a danger to the established financial industry. Cryptocurrency is a global phenomenon, and large and small institutions all over the world have begun to support crypto and blockchain technology. Surprisingly, however, there are some crypto friendly banks. Some large institutions even permit the purchase of digital assets.

This article will explain your alternatives if you wish to switch banks or find out if your current bank has any crypto integrations. Though each bank’s interaction with the crypto industry is unique, a few banks allow their customers to trade with crypto and cryptocurrency markets.

1. Quontic

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Quontic is a digital bank based in New York that offers the first Bitcoin Rewards checking account.

Rather than cashback, you will receive 1.5 percent Bitcoin on qualified debit card transactions- a feature that allows you to earn cryptocurrency and see its value rise.

All of the benefits of a typical bank account are available including online payment of bills, mobile check deposits, and electronic transactions. In addition, you will get unrestricted access to over 90,000 ATMs.

The starting salary is USD 500. There isn’t any need for a daily minimum balance. Granted that your account remains operational, your Bitcoin rewards will not expire.

2. Ally

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Ally is a financial services company that offers traditional banking, vehicle and home loans, investing, corporate finances, and loaning between businesses.

Customers of Ally may quickly link their accounts to Coinbase. There they can make bitcoin purchases using a debit card. Purchases via credit cards are also available, although they will cost fees that could be otherwise avoided.

Ally has also put together a useful tutorial for cryptocurrency newcomers. Ally Bank is an excellent choice for anyone looking for a bank that also allows them to invest in cryptocurrency.

They are an online-only bank with no physical locations in the United States, and they have a customer service team available 24 hours a day.

Customers can link their bank accounts to Coinbase through the bank. Customers will be able to buy Bitcoins with their credit cards as a result of this.

It should be noted that when customers choose to buy Bitcoin with a credit card, Ally Bank will charge a small fee. Despite this, Ally Bank remains a great, low-fuss way to buy Bitcoins.

3. Bank of America

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Bank of America is amongst the major banks in the United States and has shown support for cryptocurrency, albeit it does not let its customers directly invest in it for now.

Customers of Bank of America can invest in ETFs that expose them to the field of crypto through one of its subsidiaries, Merrill Edge, an electronic trading platform introduced in 2010.

First Trust Indxx Innovative Transaction & Process Fund (LEGR), which keeps track of the firms active in crypto-related technology such as AMD, Baidu, IBM, Micron Technology, and Oracle, is one example of a blockchain ETF offered on Merrill Edge.

Bank of America also appointed Mark Donoghue as of head of digital trading in 2021, where he would oversee investing in assets of a digital nature.

If you have a Bank of America Merill Edge account and want to invest in cryptocurrency, you can do so using ETFs. Exchange-Traded Funds (ETFs) are a type of mutual fund that is traded on a stock exchange.

The performance of an underlying asset, such as cryptocurrencies, is tracked by these funds. You can also put your money into funds that track the performance of companies involved in blockchain technology, which is the foundation for cryptocurrencies.

Bank of America is also simple to connect with Coinbase, making it much easier to withdraw money.

4. Chase

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Chase, headquartered in New York, is a worldwide investment bank. Chase provides checking as well as savings accounts, mortgage loans, vehicle lending, credit cards, and investing services to both businesses and people. Users of Chase Bank can access the Coinbase exchange to purchase and sell bitcoins.

JPMorgan introduced blockchain technology in February 2021, launching JPM Coin to ease international payments. JPMorgan created a Bitcoin fund for all of its wealth management clients in August 2021. The Grayscale and Osprey Funds are offered across the company’s wealth management platforms, whilst the NYDIG Fund is only available to private banking clients.

5. Goldman Sachs

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Goldman Sachs, a multinational financial bank based in New York, has a chequered past with bitcoin trading.

They aimed to give the option to trade cryptocurrency back in 2017. They put it on hold in 2018 due to concerns regarding the path that crypto regulation policy in USA could take.

Their crypto trading platform will reopen in 2021. As part of their U.S. Global Markets business, they facilitate the trading of Bitcoin and are evaluating the idea of creating a Bitcoin ETF.

According to an SEC filing, Goldman Sachs is providing clients who are interested access to Galaxy Digital’s Ethereum funds with a deposit of at least $250,000 as of 2022.


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The United Services Automobile Association, situated in Texas, is a fully servicing financial organisation for members of the US Army as well as their families. They not only provide standard banking services but also offer insurance, auto loans, and credit cards.

USAA the first large bank to invest in a cryptocurrency exchange. Additionally, Coinbase users can now check their bitcoin balance right from their app. They are well-known for their support of the cryptocurrency market, as evidenced by their investment in Coinbase’s Series C round of funding.

As a result, they became the first bank in the US to invest in a cryptocurrency exchange. It’s also worth noting that USAA customers can check their cryptocurrency balance on the company’s website.

These developments show that USAA Bank is committed to participating in the upcoming crypto revolution and will continue to explore new ways to incorporate blockchain and decentralization into its operations. Revolut began as a banking service provider in the United Kingdom. However, their services are also available in the United Kingdom and Europe.

Individuals and businesses can use their digital bank accounts to deal with cryptocurrencies through this crypto-friendly bank. It allows users in the European Economic Area (EEA) to conduct crypto transactions.

Crypto Friendly Banks in the UK 

7. Bankera

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Bankera is a new startup that offers am alternative to a bank account that is linked to the SpectroCoin cryptocurrency exchange. This is specific to the UK.

Customers can use their personal IBANs (International Bank Account Numbers)  that allow users to make withdrawals as well as receive capital from their SpectroCoin accounts. Users can also convert Bitcoin to the Euro and add it to their own debit cards through Bankera. They also provide additional banking services such as foreign exchanges between banks, and loans.

8. Revolut

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Revolut, one of the newest banks on this list, was created in the United Kingdom in 2015 and extended to the United States in 2020. They not only provide a myriad of banking services, but also offer the opportunity to buy Bitcoin directly through their app.

Revolut is a fintech startup that launched in March of 2020 in the United States. Despite this, they have made significant progress in the European market, and their innovative approach to banking services has resulted in widespread adoption. Customers can buy bitcoin directly from Revolut’s app, which is available for Android and iOS devices.

You can buy cryptocurrency whenever you want or set an auto exchange to buy when the exchange rate reaches a certain level. Signing up is free, and you’ll gain access to a variety of other benefits, such as early pay and an FDIC-insured account.

Also Read: What is Crypto-SEO?

9. Wirex

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Wirex is a UK-based crypto-friendly banking service for buying and selling cryptocurrencies. It has a Mastercard that allows you to spend 21 different currencies in real-time.

Wirex is a bank based in London that offers a cryptocurrency wallet service that allows users to buy and sell cryptocurrencies. Wirex is regulated by the Financial Conduct Authority and its accounts are currently based in the United Kingdom. Customers will receive a legitimate British bank account number and sort code. Wirex customers will receive a functional debit card as well as access to a number of unique features.

When you make a purchase in-store with your Wirex card, your account will receive 0.5 percent cash back in the form of Bitcoin. Customers will be able to buy, store, and manage their cryptocurrency portfolios, which will include Bitcoin, Litecoin, Ripple, and Ether, as well as fiat currencies like the British Pound, US Dollar, and Euro.

Wirex offers a real-time trading platform where you can exchange your cryptocurrencies for fiat currency at live exchange rates. You can also trade your fiat currency for cryptocurrencies.

Finally, they offer a service that allows you to convert your crypto wallet into fiat currency for use in-store or online purchases.

Crypto Friendly Banks in Germany

10. Nuri 

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Known as Bitwala before, Nuri is a contemporary bank based in Berlin, Germany. It has integrated bitcoin into its platform. Through their app and desktop site, they provide German IBANs and support SEPA transfers as well as international payments.

Users may keep their crypto and cash in one location if they utilize Nuri for banking servies. Nuri provides simple cryptocurrency bank accounts for everyday banking and cryptocurrency trading. It allows you to keep Bitcoins, traditional currencies, and other digital assets in one account.

11. Fidor Bank

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Fidor Bank, an online bank, was formed in 2009, in Germany. It is now offered in a number of other European nations. They provide banking services to both businesses as well as individuals, and users can gain access to their bitcoin wallets straight from the dashboards on their bank accounts owing to a relationship with the cryptocurrency exchange Kraken.

They are based in Munich and have a successful working relationship with, a German Bitcoin exchange. Fidor has been able to integrate with the platform and now allows its customers to buy Bitcoins instantly through the bank as a result of this partnership.

Customers who have a Smart Giro Account will be able to make Bitcoin transfers to other Fidor Bank account holders that will take effect almost immediately.

In comparison, these transfers at some other financial institutions can take hours to complete. Fidor Bank is assisting in the provision of a platform for crypto enthusiasts and businesses to use to fund their activities. Fidor Bank is a crypto-friendly bank that specializes in accounts that accept cryptocurrency exchanges, purchases, and trades. It safeguards you and your company during cryptocurrency transactions. They provide a fully customizable set of crypto transaction tools.

Fidor’s customers can also use an API provided by the bank to link their checking account to their crypto wallet. Customers can now access their wallets from anywhere using their bank account’s dashboard.

Crypto Friendly Banks in the Czech Republic

12. Worldcore

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Worldcore, a Czech bank created in 2015, allows its customers to spend in a variety of currencies, including cryptocurrency, using debit as well as virtual cards. This makes spending your cryptocurrency in the real world easier than ever.

Worldcore is a payment institution based in the Czech Republic that is regulated by the National Bank of the Czech Republic and provides a wide range of global payment services. 

This includes multi-currency payment accounts for bank transfers, prepaid debit cards (both physical and virtual), mass payments, e-commerce APIs, payroll solutions, and international money.

Crypto Friendly Banks in Estonia

13. Change

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Change is a small-scale bank founded in 2016 following a round of funding with the purpose of making investing more accessible.They provide crypto trading services and traditional asset investment alternatives such as equities, gold, indices, and commodities.

Users of Change also receive a “crypto-friendly” Visa debit card. Customers will appreciate the fact that all transactions on this platform are commission-free. Change Bank is expected to be a force in the crypto banking market for many years to come, and they are close to completing a feature that will allow token trading on the platform.

Also Read: A Complete Guide to Blockchain Marketing


There are many institutions that are skeptical of cryptocurrency, but the pattern appears to be apparent.

More banks are expected to welcome crypto as a part of their future business model as more individuals incorporate it into their daily lives, whether it’s for investing or purchasing, or other facets of Web3 like DAOs and NFTs.

If you’re searching for a crypto-friendly bank today, whether in the United States or abroad, you have a lot of alternatives, and you’ll probably see more of them in the future.

Author Yuval Halevi

Yuval is a savvy SEO and marketing expert with over a decade of experience. Specializing in the blockchain industry, he's the go-to guy for crypto companies looking to simplify their digital marketing strategies and achieve explosive growth. As a digital nomad and successful company builder, Yuval brings a fresh, creative perspective to every project he tackles.

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