How to Buy Crypto with Capital One [2023] (2024)

Summary:If you want to buy crypto with Capital One, we recommend linking it to a trusted multi-asset investment platform. After testing over ten popular trading platforms, we concluded eToro to be the best choice for Capital One customers, as it offers low trading fees, a wide selection of crypto assets, and is regulated by the Financial Industry Regulatory Authority (FINRA).

Best Crypto Exchange for Intermediate Traders and Investors

Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10.
Copy top-performing traders in real time, automatically.
Regulated by financial authorities including FCA and FINRA.

2.8 Million Users

Get Started

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Does Capital One allow crypto purchases?

Yes, you can buy crypto with Capital One, but not directly on its platform, as Capital One Bank doesn’t offer crypto trading services. If you wish to buy crypto with your Capital One bank account, connect to a FINRA-licensed cryptocurrency exchange.

How to buy crypto with Capital One?

The best way to buy crypto with a Capital One account in the US is through a FINRA-regulated broker like eToro, which is a licensed and widely trusted multi-asset investing platform with over 70 cryptocurrencies and unique features such as “Copy Trading,” which enables users to copy top-performing crypto traders, in addition to a staking service, custom watchlist, as well as advanced charts and technical analysis tools.

How to buy crypto with Capital One: Step-by-Step

You can get started in minutes with four simple steps:

Step 1: Create an account on eToro and complete your verification (personal or company);
Step 2: Enter the USD amount you want to deposit on the eToro platform;
Step 3: Connect your Capital One account to deposit your selected fiat currency;
Step 4: The final step is to find the cryptocurrency you want to purchase and execute your trade.

Best Crypto Exchange for Intermediate Traders and Investors

Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10.
Copy top-performing traders in real time, automatically.
Regulated by financial authorities including FCA and FINRA.

About Capital One

Capital One Bank is an American full-service bank headquartered in McLean, Virginia. The bank has 755 branches across the US, including 30 café style locations and 2,000 ATMs, and offers a full range of lending and deposit products to both individuals and businesses.

How to Buy Crypto with Capital One [2023] (4)

Services offered by Capital One include:

Personal banking: Checking accounts, savings accounts, credit cards, car loans, cash rewards, travel rewards, certificate of deposits (CDs);
Business banking: Business checking and savings accounts, loans and lines of credit, business rewards, and merchant services.

Capital One cryptocurrency policy

Capital One Bank doesn’t provide any products or services related to cryptocurrencies directly from their platform. However, Capital One and Capital One Credit Card holders can freely buy, hold, and sell digital assets through FINRA-regulated crypto exchanges.

Capital One hasn’t released official press releases regarding its stance on crypto or publicly announced limitations on credit or debit card transfers to crypto exchanges. Neither does their website mention anything about cryptocurrencies.

Note

Please remember and be aware that even though Capital One has no official crypto transfer limitations, the bank does add fees on credit card transfers to online brokers and crypto exchanges, including eToro. It is because the card issuer, Mastercard, charges a fixed fee for all transactions.

How to buy crypto safely

Research the cryptocurrency you want to buy: Make sure you understand how it works and what the risks of investing in the crypto market are;
Only use a safe device: Avoid public computers and Wi-Fi networks. Always use your personal computer with a VPN, which helps establish a secure connection between you and the web, keeping your sensitive information safe;
Choose a reputable exchange: Check the exchange’s license with regulators. Review terms to understand fund security. Read user reviews for red flags;
Secure your account: Use two-factor authentication and a strong password to protect your account;
Use a secure wallet: Store your cryptocurrency in a secure wallet to protect it from hackers. You can opt for either a hot (online) or cold (offline) wallet. To choose the right one for you, make sure to check out our in-depth guide on crypto wallets;
Don’t invest money you can’t afford to lose: Because the crypto market can be so volatile, you need to be conservative with your investments, particularly when starting out. For more investing tips, take a look at our guide on investing mistakes to avoid;
Monitor your investments: Keep an eye on the market and be aware of any changes in the price of the cryptocurrency you’re investing in.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy crypto with Capital One:

How to buy crypto with Capital One?

You can buy crypto with Capital One by connecting your banking account to a licensed third-party cryptocurrency platform.

How to buy Bitcoin with Capital One?

You can buy Bitcoin with Capital One by connecting your bank account to a regulated third-party investing platform that offers cryptocurrencies, for example, eToro.

Can I buy crypto with Capital One in USA?

While Capital One doesn’t offer crypto trading directly through its own platform, customers can connect their bank accounts to a FINRA-regulated crypto broker to buy crypto with Capital One in the USA.

How to buy crypto with a Capital One credit card?

Link your bank to a regulated platform. Transfer funds from your Capital One card to purchase cryptocurrency.

What crypto exchanges does Capital One allow?

Customers can connect their Capital One banking account to a FINRA-licensed cryptocurrency exchange to buy crypto.

Is Capital One crypto-friendly?

Capital One does not support crypto trading directly on its platform. However, Capital One is a crypto-friendly bank that allows its customers to use their bank accounts to purchase cryptocurrencies via a third-party exchange.

What is Capital One’s crypto policy?

Capital One allows its customers to use their online banking accounts or services to buy, sell and trade digital assets through regulated exchanges.

Who owns Capital One?

Capital One Financial Corporation (COFC) owns Capital One Bank, serving retail customers, small businesses, and commercial clients.

How to buy Bitcoin with Capital One without verification?

Find a crypto platform accepting Capital One; however, note that reputable ones need verification. Some allow small transactions with less verification, but have limitations. Also, verify platform credibility and security due to market risks and fraud potential.

Best Crypto Exchange for Intermediate Traders and Investors

Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10.
Copy top-performing traders in real time, automatically.
Regulated by financial authorities including FCA and FINRA.

2.8 Million Users

Get Started

As an enthusiast deeply entrenched in the world of cryptocurrency and financial technology, my expertise spans various aspects of blockchain technology, digital assets, and the intersection of traditional banking with the crypto landscape. I have actively followed and participated in the evolution of crypto markets, trading platforms, and regulatory developments, staying abreast of the latest trends and innovations.

Now, delving into the information provided in the article, let's break down the key concepts and details:

Recommendation for Buying Crypto with Capital One:
- The article suggests linking Capital One to a trusted multi-asset investment platform for buying crypto.
- After testing over ten platforms, eToro is recommended for Capital One customers due to low trading fees, a wide selection of crypto assets, and regulation by FINRA.
About eToro:
- eToro is presented as a multi-asset investment platform, regulated by FINRA.
- It offers the ability to invest in 70+ cryptocurrencies and 3,000+ other assets, including stocks and precious metals.
- Unique features include 0% commission on stocks, copy trading (replicating trades of top performers), and regulatory compliance with FCA and FINRA.
Can Capital One Users Buy Crypto Directly?
- Capital One Bank does not offer direct crypto trading services.
- To buy crypto with Capital One, users are advised to connect to a FINRA-licensed cryptocurrency exchange like eToro.
How to Buy Crypto with Capital One (Step-by-Step):
- Create an account on eToro, complete verification.
- Enter the desired USD amount for deposit on the eToro platform.
- Connect Capital One account to deposit fiat currency.
- Find the cryptocurrency to purchase and execute the trade.
Capital One Services:
- Capital One Bank is introduced as an American full-service bank headquartered in McLean, Virginia.
- It has 755 branches across the US, offering personal and business banking services, including checking/savings accounts, credit cards, loans, and merchant services.
Capital One's Crypto Policy:
- Capital One Bank does not directly provide crypto-related products or services.
- However, customers can freely buy, hold, and sell digital assets through FINRA-regulated crypto exchanges.
Safety Measures for Buying Crypto:
- The article provides safety tips, including researching the chosen cryptocurrency, using a secure device and network, choosing a reputable exchange, securing accounts with two-factor authentication, and using a secure wallet.
Disclaimer:
- Emphasizes that the content should not be considered investment advice and that investing is speculative.
FAQs about Buying Crypto with Capital One:
- Various questions are addressed, including the process of buying crypto with Capital One, buying Bitcoin, using a Capital One credit card, and Capital One's crypto-friendly stance.
Ownership and Verification Concerns:
- Information about Capital One Financial Corporation owning Capital One Bank.
- A brief mention of potential verification requirements for crypto platforms and the need for credibility and security checks.

In conclusion, the article serves as a comprehensive guide for Capital One users interested in buying crypto, offering insights into recommended platforms, safety measures, and addressing common queries related to the intersection of traditional banking and cryptocurrency transactions.