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How to Buy Crypto with City National Bank in United States

Last updated on November 12, 2023

Quick Summary: While City National 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, City National 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 trading platforms 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 City National Bank

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

1. Pick a crypto 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 City National Bank.

Buy Crypto With eToro

About City National Bank

City National Bank (CNB) is a bank that is headquartered in City National Plaza in Los Angeles, California. CNB is a division to the Toronto-based Royal Bank of Canada and it was the 35th largest banking institution within the United States as of March 31st 2022.

CNB has been called”the “Bank to the Stars” because of its numerous relations with a variety of Hollywood clientele from the entertainment sector and has a wide range of top and exclusive clients from diverse media, including the film and television industries, as well as theater and arts.

The team at City National Bank, they strive to make it personal. Since the day they began operations in 1954, they’ve focused on helping clients as well as their colleagues and communities thrive Their legacy of trust and unrivaled client relations continues to fuel the company’s growth today.

In addition to private, personal and business bank accounts, City National makes available wealth management, leasing, and brokerage services, as well as software solutions. They have an environment that promotes diversity and equity, as well as inclusion.
the work place.

City National is a subsidiary of the Royal Bank of Canada, one of the largest banks.