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How to Buy Crypto with Columbia Bank in United States

Last updated on November 12, 2023

Quick Summary: While Columbia 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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Columbia Bank Homepage

As mentioned in my quick summary, like most United States banks, Columbia Bank doesn’t allow users to trade cryptocurrency directly on their platform, due to the complexities with setting up a cryptocurrency trading platform 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 Columbia Bank

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 Columbia Bank.

Buy Crypto With eToro

About Columbia Bank

They began in 1993 as an institution for community banking. While their customer base has grown, and their computers have been reduced however, they remain the same bank that puts its customers first.

Columbia Bank is a Northwest community bank that is headquartered at Tacoma, Washington, with an array of solutions and the expertise to meet the ever-changing demands of individuals and businesses.

The growth of the company is crucial to stay the preferred choice for customers. It improves the quality of products and services they provide on behalf of their clients. Columbia Bank has grown both organically and through acquisitions, when they realized the benefits of a good economic and cultural match. As a result we’ve leveraged their supportive local-based approach to conducting business, from a single branch to an extensive regional branch network of 145+ branches. presence across Washington, Oregon and Idaho.

They employ a broad assortment of exceptionally intelligent and dedicated employees who provide a relationship-based service to customers. We’ve also maintained their commitment to be the community bank in each as well as every one of their communities.