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How to Buy Crypto with Bank OZK in United States

How to Buy Crypto with Bank OZK in United States

By Li Wang

Last updated on November 12, 2023

Quick Summary: While Bank OZK 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, Bank OZK doesn’t allow users to trade cryptocurrency directly on their platform, due to the complexities with setting up a crypto trading platform and comes with regulations and extra work for the banks.

There are a large number of cryptocurrency exchanges that you can use 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 OZK

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.

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 Bank OZK.

Buy Crypto With eToro

About Bank OZK

Bank OZK (formerly Bank of the Ozarks) is a regional bank that is headquartered located in Little Rock, Arkansas with more than 240 branches in 10 states, including Arkansas, Georgia, Florida, Texas, North Carolina, South Carolina, California, New York and Mississippi and $25.92 billion in assets at the end of June 2022. Retail banking facilities are found in five states which include Arkansas, Texas, Georgia, North Carolina and Florida.

On the 9th of November in 2015 on the 9th of November, 2015, a $402.5-million merger deal and acquisition was announced by C1 Financial, Inc. Following the conclusion of the transaction C1 Financial, Inc. was scheduled to merge with Bank of the Ozarks, Inc. and C1’s wholly-owned subsidiary, C1 Bank, would merge into Bank of the Ozarks. The transaction was concluded and the mergers were completed on the 21st of July in 2016. The transaction was the bank’s 15th acquisition since Marchof 2010.

The name change was announced on the 16th of March, 2018, to represent the bank’s extensive and growing footprint across the region across Texas into North Carolina. After an election on the name change was held on May 7th The new name of Bank OZK was officially adopted on July 16, 2018. Bank OZK became official on July 16th on the 16th of July, 2018.

On August 20, 2021 Bank OZK announced that it was closing its retail branch in Rockefeller Plaza in New York City in September 2021. This would mean the end of its sole retail banking establishment in the state.

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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.