How to Buy Crypto with Capital One

Bottom Line: Capital One customers can securely purchase cryptocurrencies by using a digital asset exchange. Using a FinCEN-licensed platform is important as they provide a secure and regulated environment for buying and selling digital currencies. If you don’t use a licensed exchange, your funds are at risk of being stolen or lost.

Following an extensive evaluation of the country’s leading crypto platforms, our expert team has determined that eToro is the best choice for Capital One customers. It is considered the most secure trading platform in the US and is the only one regulated by both the FinCEN and FINRA in the United States. Additionally, it offers free and instant USD deposits to trade over 3000 assets.

Can I Buy Crypto with Capital One?

Capital One clients now have the opportunity to delve into the world of cryptocurrency trading by converting their US dollars into digital currencies via authorized cryptocurrency exchanges in the US. Capital One grants its customers the ability to send funds to trusted crypto trading platforms that adhere to the Financial Crimes Enforcement Network (FinCEN) regulations. American investors must select a FinCEN-regulated trading platform for the utmost assurance of their asset safety.

How to Buy Crypto with Capital One

The best and most affordable way to buy cryptocurrency like Bitcoin with Capital One is through our recommended exchange, eToro. Capital One customers can deposit USD to eToro via various payment methods, including Bank Transfer, Debit Cards, Credit Cards, PayPal, Skrill, Neteller or ACH transfer.

US investors can start trading crypto with these four easy steps:

  1. Create a free account on eToro and complete the verification requirements.
  2. Click 'Deposit Funds', select a method, and transfer money from Capital One.
  3. Go to the search bar, find the cryptocurrency you want to buy, and tap 'Trade'.
  4. Input the amount you want to invest in the token and tap 'Open Trade'.
How to Buy Crypto with Capital One.

Capital One Cryptocurrency Policy

Capital One has a friendly stance toward cryptocurrency and allows customers to transfer funds to regulated digital currency exchanges. That being said, the bank only allows withdrawals into FinCEN-licensed platforms. Outside of this, nothing is stated in the bank's policies that would prohibit its clients from investing in crypto.

Deposit and Trading Fees

Understanding the cost structure is vital when venturing into the cryptocurrency market through Capital One. Here's a detailed explanation of the typical charges you may encounter when handling cryptocurrencies:

  • Funding Fees: Capital One might impose certain fund transfer charges, unlike many crypto exchanges that offer cost-free deposit services. Credit card transactions may attract a fee, often exceeding 2%.
  • Trading Fees: Numerous crypto trading platforms use a spread, a minute percentage taken from each transaction. The size of this spread may vary based on the specific digital currency and the platform, typically around 1%.

It's crucial to remember that expenses can vary across different platforms. Therefore, thoroughly examining the existing fee structures from your chosen cryptocurrency exchange and Capital One is recommended.\

The Bottom Line

To recap, Capital One customers seeking to invest in cryptocurrencies can confidently and securely do so through eToro, a FinCEN and FINRA-regulated digital asset exchange. With its wide range of features, asset classes, and deposit methods, eToro is the top choice for Capital One account holders. It offers the lowest fees and provides free USD deposit methods for its customers, making owning crypto an affordable and inclusive experience.


Does Capital One allow cryptocurrency?
Can I use my Capital One debit card to buy crypto?
What is Capital One's policy on cryptocurrencies?

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