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How to Buy Crypto with Atlantic Union Bank in United States

How to Buy Crypto with Atlantic Union Bank in United States

By Li Wang

Last updated on November 12, 2023

Quick Summary: While Atlantic Union Bank does not offer cryptocurrency trading through its own platform, you can make use of your account to purchase crypto through a third-party exchange.

There are a lot of United States cryptocurrency exchanges to pick from, but we suggest using the eToro exchange.

They offer the majority of most well-known cryptocurrencies and are simple to use. They have lots of advanced features but are also great for beginners.

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As mentioned in my quick summary, like most United States banks, Atlantic Union Bank doesn’t allow users to trade cryptocurrency directly on their platform, due to the complexities with setting up a crypto exchange and comes with regulations and extra work for the banks.

There are a large number of crypto exchanges that you can use to buy Bitcoin and other cryptocurrencies.

Next you’ll want to sign up to an exchange (for this short guide I’ll use eToro as it’s a global and widely used exchange) and deposit funds so you can start trading crypto.

How to buy crypto or bitcoin with Atlantic Union Bank

Let’s get started! Just follow our 4 quick steps.

1. Pick a cryptocurrency exchange

As mentioned above, I’ll be using eToro for this guide as they are a widely used exchange and have a huge range of cryptocurrencies to choose from. It’s also one of the best exchanges for beginners and allows more advanced features when you get more comfortable with trading.

The steps in this guide should be similar for most trusted crypto exchanges, so feel free to use whichever you end up going with.

Let’s get started!

2. Create account with the trading platform

You’ll first need to create an account if you haven’t already, you can do using this quick link below.

Once you’ve filled out the basic information you’ll be asked for KYC (Know Your Customer) information, this is normal for crypto exchanges to stop any bad activity. This will often be called the “verification” process.

3. Fund your account

Next, you’ll need to add funds to your account using any of their deposit methods. For eToro there are many options such as bank transfer, PayPal, credit/debit card, and many more.

4. Buy crypto

Lastly, you’ll need to go to the “trade” section, this will differ for each exchange but it will usually have some variation of this.

It’s that easy! You’ve now got the tools to buy your first cryptocurrency with Atlantic Union Bank.

Buy Crypto With eToro

About Atlantic Union Bank

Atlantic Union Bankshares Corporation (“the Company”) is a holding company for banks headquartered at Richmond, Virginia which has Virginia roots that date as far back as 1900. With its subsidiary companies, the Company provides an array of both business and private financial products, such as Savings and checking accounts as well as credit cards, various loan products, and wealth management. With 114 branches throughout Virginia, Maryland, and North Carolina, Atlantic Union Bank (“the Bank”) is the company’s principal subsidiary.

The Bank was created by the company First Market Bank, FSB on the 4th of November of 1997, in Memphis, Tennessee as a joint partnership with Ukrop’s Food Group and National Commerce Bancorporation and later bought through Suntrust Banks.

In February of 2015 in February 2015, the Bank has changed their name from Union Bank & Trust to Union Bank & Trust.

In January of 2018 in January 2018, the Company completed the acquisition of $701 million from Xenith Bankshares, Inc. This was the largest Virginia bank transaction in a long time and also combined Xenith Bank, formerly known as the Bank of Hampton Roads, into the Bank. The transaction increased the bank’s reach across the entire region of Hampton Roads and into Maryland and North Carolina.

In May of 2019 In May 2019, The Bank has changed their name as Atlantic Union Bank.

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Li Wang

Li Wang is an investment guru with a penchant for portfolio diversification and risk management. With a sharp eye for identifying lucrative opportunities, Li has been instrumental in developing investment strategies that balance return and risk. His commentary on financial instruments and market movements is followed by investors seeking a keen analytical perspective.