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Summary: We recommend Scotia Bank customers who want to buy cryptocurrencies like Bitcoin to signup to eToro and Uphold. These exchanges are regulated in the United States and Canada and are suitable for beginners and intermediate traders who look for easy and secure ways to buy crypto. Get started today by signing up (only takes a few minutes) and you can then deposit money via bank or credit/debit card transfer. Buying your favourite cryptocurrency has never been this safe and easy!
+80 Cryptos & Copy Trading
Virtual Demo Portfolio
Fast & Cheap Deposits
FinCEN & FINRA Regulated
+250 Cryptos & Staking
Fast & Cheap Deposits
100% Proof Of Reserves
Regulated in the US, EU & UK
Scotiabank does not offer direct purchasing of cryptocurrencies. However, customers can connect their Scotiabank account to deposit funds into regulated third-party exchanges.
To embark on your cryptocurrency investment journey, simply sign up with a reliable and regulated exchange such as Uphold or eToro. Both of these platforms are user-friendly and are easy to signup to.
You can then deposit funds into your account via either an ACH bank transfer or a debit card transfer. Once your funds are securely deposited, you can begin buying prominent cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Scotia Bank account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Below we have included some additional commonly asked questions regarding Scotia Bank and crypto.
Scotia bank's cryptocurrency policy is in line with most other regulated banks. The bank let's its customers deposit funds to crypto exchanges but having said that, its always best to use regulated exchanges to ensure seamless deposits and withdrawals.
Yes, Scotia bank customers can buy cryptocurrencies through third-party digital asset exchanges using their debit cards.
Yes, Canadians can buy cryptocurrencies by connecting their bank account or debit card to a regulated exchange.
Scotia Bank (The Bank of Nova Scotia) is a Canadian multinational bank headquartered in Toronto, Ontario. It was founded in 1832 and is one of the largest banks in Canada.
Scotiabank operates in more than 50 countries and serves over 21 million customers worldwide. The bank is a member of the Canadian Banking Association and is regulated by the Office of the Superintendent of Financial Institutions.
The bank offers a wide range of financial products and services including personal and business banking, wealth management, insurance, and investment banking.
Scotiabank has over CAD 1.1 trillion in assets under management (AUM) and revenues exceeding CAD 20 billion.
+80 Cryptos & Copy Trading
Virtual Demo Portfolio
Fast & Cheap Deposits
FinCEN & FINRA Regulated
+250 Cryptos & Staking
Fast & Cheap Deposits
100% Proof Of Reserves
Regulated in the US, EU & UK
350+ Cryptocurrencies
Low trading fees (0.1%)
Wide Crypto Product Range
125X Derivatives Leverage
+350 Cryptocurrencies
Low Trading Fees (0.8%-0.1%)
Spot, Perps, Margin, Options
125 Maximum Leverage
