How To Buy Crypto And Bitcoin In Minutes With Acorns

Can you buy crypto with Acorns? 

Acorns does not provide access to cryptocurrencies such as Bitcoin and Ethereum. Acorns customers who want to buy crypto have to instead turn to regulated third-party exchanges and brokers like Uphold and eToro. 

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How to buy crypto with Acorns?

The best way to buy crypto for Acorns customers is to use alternative platforms that offer cryptocurrency trading. While Acorns investment platform does not offer the option to buy and sell cryptocurrencies, you can link your account or debit card to third-party exchanges that do.

We recommend using Uphold and Etoro as they both offer a wider range of cryptocurrencies and are regulated in the United States by FinCEN. You can open a free account in minutes and have your funds transferred either instantly via card transfer or within 1 business day via bank transfer.

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How to sign up in 2 minutes

1. Create Account: Signup and add your identity verification.‍
2. Deposit Funds: Via your Acorns account or credit card/debit card. 
3. Start Buying: Once your deposit has arrived in your account.

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Crypto on Acorns

In the section below we cover some additional questions about Acorns and crypto that are frequently asked.

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1. Can you trade crypto on Acorns? 

Customers of Acorns do not have access to cryptocurrency trading services. Only indirect exposure is available through a single financial product, Acorns Bitcoin ETF.  

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2. Acorns Crypto & Bitcoin ETF

Acorns offer its customers access to the crypto market via a single Bitcoin ETF, ProShares Bitcoin Strategy (BITO). This Exchange Traded Fund (ETF) invests in Bitcoin futures and does not have direct ownership of Bitcoins. Acorns Invest customers can allocate up to 5% of their portfolio to this Bitcoin-linked ETF. 

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3. Is Acorns crypto-friendly? 

Although it is not possible to purchase cryptocurrencies directly through Acorn, it is possible to link an Acorn bank account or debit card to a crypto exchange in order to do so. 

4. Can I link Acorns to Coinbase?

Yes, it is possible to link your Acorn account to regulated exchanges and brokers like Coinbase, Uphold and eToro.‍

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What is Acorns?

Acorns is a financial technology company founded in 2012 in Irvine, California. It was founded by brothers Walter and Jeff Cruttenden who wanted to simplify the way that people invest in their future. Acorns have received funding from over 39 investors including Headline and Blackrock and have raised over $500 million to date.

Acorns offers a variety of financial services and provides a unique mix of investment and banking services that include: 

Automatic round-ups: Debit card purchases get rounded up to the nearest dollar and invested automatically into a diversified portfolio of exchange-traded funds (ETFs).

No overdraft fees & Cashback rewards: Acorns spend does not charge overdraft fees and users can earn cashback rewards when they shop at certain retailers through the Acorns app.

Acorns Later: A retirement savings account that allows users to invest in a diversified portfolio of ETFs and is available as an IRA or 401(k).

Acorns Earn: Allows users to earn money by completing surveys, shopping at certain retailers, and referring friends to the platform. 

Acorns are available on both iOS and Android and become one of the most popular investment apps in the United States with over 20 million downloads. The company has grown significantly since its launch and has over $15 billion in assets under management.