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How to Buy Crypto with Bank of Hawaii in United States

Last updated on November 12, 2023

Quick Summary: While Bank of Hawaii 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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Bank of Hawaii Homepage

As mentioned in my quick summary, like most United States banks, Bank of Hawaii 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.

Thankfully there are many crypto exchanges to pick from that allow you to buy Bitcoin and other cryptocurrencies.

Once you’ve signed up to a crypto exchange (in our example I’ll be using eToro as it’s a highly trusted and global exchange), you can easily move money from your bank account to the trading platform., and exchange it for a variety of cryptocurrencies.

How to buy crypto or bitcoin with Bank Of Hawaii

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

1. Pick a cryptocurrency trading platform

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.

Sign Up With eToro

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 cryptocurrency

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 Bank of Hawaii.

Buy Crypto With eToro

About Bank of Hawaii

The Bank of Hawaii Corporation (Hawaiian: Panako o Hawai`i; abbreviated BOH) is an international commercial bank with its headquarters located in Honolulu, Hawaii. It is Hawaii’s second-oldest bank and is the biggest locally owned bank since most of its shareholders that vote on the stock are from the state.

Bank of Hawaii has the most customers, accounts branches, ATMs, and branches of any bank within the State (although the BancWest’s First Hawaiian Bank holds a more deposit dollars). The bank has 4 business divisions: Retail banking business banking and investment and the Treasury. It is helmed by president, chairman as well as chief executive officer Peter S. Ho.

It was in 1893 that Charles Montague Cooke (1849-1909) along with his brother-in-law Joseph Ballard Atherton and business partner Peter Cushman Jones founded Bank of Hawaii. In 1897, the bank was registered by the Republic of Hawaii by Interior Minister James A. King. Ten years after its creation in 1903, the bank launched its first branch on Kauai. The bank was founded in 1922. bought First Bank of Hilo, with four branches. It was in the year 1930 that it merged with Bank of Maui.

Charles Dexter Lufkin organized First National Bank of Wailuku in 1901. In the following year, Lufkin created Lahaina National Bank. He then established The First National Bank of Paia in 1913. In 1917, the First National Bank of Paia was merged together with Lahaina National Bank and First National Bank of Wailuku to create Bank of Maui.