How To Use TD Bank To Buy Crypto And Bitcoin

Mike Harry
Feb 2023
4 min to read
Fact checked

Summary: Two great options for TD Bank customers who want to invest in cryptocurrencies like Bitcoin and Ethereum is to signup to eToro and Uphold. These exchanges are regulated in the United States (by FinCEN) which means that you can buy crypto with peace of mind. They are perfect for beginner to intermediate traders who look for a simple way to buy cryptocurrencies. You can get started right away by signing up and making your first deposit via bank deposit or with your credit/debit card. Investing in cryptocurrencies just got a whole lot simpler and safer!

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FinCEN & FINRA Regulated

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eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

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Regulated in the US, EU & UK

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Crypto assets are high risk and not regulated.
Capital at risk.

 Can you buy crypto with TD Bank? 

It is not currently possible to directly buy cryptocurrencies via TD Bank. The bank does not offer any cryptocurrency trading or brokerage services. You can however use a debit or credit card linked to your TD Bank account to purchase crypto through a third-party exchange, or broker. 


How to buy crypto with TD Bank?

For TD Bank customers looking to purchase cryptocurrency, the best option is to open a free account with Uphold or Etoro. They both offer a wide range of cryptocurrencies and are regulated in the United States by FinCEN. Creating an account is quick and easy, and you can have your funds transferred either instantly (card transfer) or within 1 business day (bank transfer).

How to quickly sign up

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

Buy Crypto with TD Bank and eToro
Buy Crypto with TD Bank and eToro


TD Bank Cryptocurrency

The following section contains answers to some frequently asked questions about TD Bank and digital currencies.

 

1. Does TD Bank let you buy crypto?

Yes, TD Bank allows its customers to make cryptocurrency purchases from external exchanges. It’s always best to use regulated exchanges to avoid having any deposit or withdrawal issues. 

 

2. Can I buy Bitcoin with TD Bank Canada?

Customers of TD Bank can’t buy Bitcoin via their online bank accounts. They can however make use of their bank accounts by connecting them to an exchange for the purposes of buying Bitcoin.

3. Does TD Bank allow crypto purchases with debit card?

Yes, TD Bank customers can purchase Bitcoin with their credit/debit cards by linking them to a regulated exchange. 

 

4. Is TD Bank blocking crypto?

There were incidents in 2018 where TD Bank was blocking purchases of cryptocurrencies via credit cards. This is however no longer the case. 

 

5. Can I use TD Bank on Coinbase?

Yes, TD Bank customers can link their bank accounts to regulated North American exchanges and brokers like Uphold, Coinbase and eToro. 

6. Is TD Bank crypto-friendly?

TD Bank is a crypto-friendly bank that does not interfere with customers who wish to buy crypto their money. TD Bank's sister company TD Ameritrade offers ways for customers to get indirect exposure to cryptocurrencies. 


What is TD Bank?

TD Bank Website
TD Bank Website

TD Bank, formerly known as Toronto Dominion Bank, is headquartered in New Jersey and is a subsidiary of the Toronto Dominion Bank of Canada. It is one of the largest banks in North America with over 1,100 branches in the United States and Canada.

TD Bank provides a wide range of services including banking, credit cards, mortgages, and investments. The Bank also offers checking, savings, and money market accounts, as well as a variety of other financial services such as loans, credit cards, and investments.

TD Bank has over 80,000 employees around the world and is estimated to have over 26 million customers globally. In Canada, TD Canada Trust has over 1,091 branches and serves over 11 million customers. Its reported that TD Bank has over C$450 billion in assets under management and over C$42 billion in revenues. 

eToro

+80 Cryptos & Copy Trading

Virtual Demo Portfolio

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+250 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in the US, EU & UK

Visit Uphold
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.

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