Summary: At the time of writing, Capital One Bank customers have to use regulated third-party exchanges to buy and sell cryptocurrencies. We recommend using eToro and Upholdas they are both regulated, easy to use for beginners and offer a wide variety of cryptocurrencies like Bitcoin (BTC), Ethereum, Solana and many others.
Crypto assets are high risk and not regulated. Capital at risk.
Can I buy crypto with Capital One Credit Card?
If you're a customer of Capital One and are interested in buying cryptocurrencies like Bitcoin, you're in luck. Capital One allows its customers to use their credit/debit cards to purchase digital assets through third-party cryptocurrency exchanges.
However, it's important to exercise caution and ensure that the exchanges you use comply with local laws and regulations to ensure that your investments are safe and secure. For this reason, we recommend buying cryptocurrencies from safe and FinCEN regulated exchanges like eToro and Uphold.
Buy Crypto with Capital One and Uphold
How to buy crypto with Capital One Credit Card
If you're a Capital One customer looking to buy and sell cryptocurrencies, you'll be pleased to know that it's a straightforward process. By connecting your Capital One Bank account or linking your credit/debit card to a reputable exchange like Uphold and eToro, you'll be able to trade digital assets with ease.
By signing up to these regulated exchanges, you can conduct bank deposits free of charge and have the funds arrive within the same day. Both eToro and Uphold offer a diverse range of coins and are user-friendly, making them great options for both experienced and novice traders.
Signup in minutes
1. Create Account: Signup and add your identity verification. 2. Deposit Funds: Via your Capital One account or credit/debit Card. 3. Start Buying: Once your deposit has reached your account.
Buy Crypto with Capital One Credit Card and eToro
Does Capital One allow crypto purchases?
Although Capital One Bank currently does not offer any cryptocurrency services, its customers can still participate in the cryptocurrency market by linking their accounts or cards to regulated exchanges that do. This means that Capital One customers can easily and securely trade cryptocurrencies like Bitcoin, Ethereum, and others.
Buy Bitcoin with capital one credit card?
Yes, it is possible to link your Capital One credit and debit card to regulated exchanges in order to invest in cryptocurrencies. We emphasize the regulated part because it's always best to use regulated exchanges to ensure smooth USD deposits and withdrawals from exchanges.
Is Capital One crypto friendly?
While Capital One Bank has previously blocked holders of its credit cards for making cryptocurrency purchases, that is no longer the case as most credit card issuers today treat crypto purchases as a cash advance.
Overall, it appears that while Capital One Bank is not actively embracing the cryptocurrency industry, it is also not hostile towards it either. As such, customers are free to use cryptocurrency exchanges, wallets, and other services as long as they are legal and in compliance with applicable laws.
Capital One cryptocurrency policy
Although Capital One does not have an official crypto policy, this doesn't necessarily restrict its customers from buying cryptocurrencies. Capital One cardholders can use their cards to send funds to third-party exchanges that allow cryptocurrency trading.
However, it's important to ensure that the exchanges used are safe and compliant with local regulations to minimize risks associated with digital asset trading.
About Capital One
Capital One Bank Website
Capital One Bankwas founded in 1988 in Mclean, Virginia and is the fifth-largest commercial bank in the United States. With more than 800 branches in eight states, the bank offers a wide range of banking services to individuals, businesses, and government entities.
For individuals, Capital One offers a variety of checking accounts, savings accounts, and other banking services such as online bill pay, online banking, and mobile banking. Capital One also provides loans, mortgages, auto loans, home equity lines of credit, and credit cards.
For businesses, Capital One provides banking services such as account management, credit lines, merchant services, and cash management. The bank also offers business loans, lines of credit, and business credit cards.
Capital One also offers wealth management services such as retirement planning, investment advice, estate planning, and trust services.
The bank which also operates in Canada and the UK has over 60,000 employees that serve an estimated 45 million customers. The bank has over $400 billion in total assets and revenues of $26 billion.
Crypto assets are not regulated and highly volatile. Capital at risk.
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.
