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How to Buy Crypto with Customers Bancorp in United States

Last updated on November 12, 2023

Quick Summary: While Customers Bancorp 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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Customers Bancorp Homepage

As mentioned in my quick summary, like most United States banks, Customers Bancorp 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 cryptocurrency trading platforms to pick from that allow you 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 Customers 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 Customers Bancorp.

Buy Crypto With eToro

About Customers Bancorp

Customers Bancorp, Inc. is a publicly traded bank holding company, and the parent company of Customers Bank. It made its first open-market offering NASDAQ at the end of 2013 using the ticker code “CUBI”. The headquarters of the company is at West Reading, Pennsylvania and Jay Sidhu is chairman and chief executive officer.

Established in 2009, Customers Bank is a super-community bank with more than 20 billion dollars in total assets. They believe in providing personal service to the individuals, businesses, professionals and families they serve.

Customers Bank is an equal opportunity lender. They provide banking and loan services throughout Florida, Illinois, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island and Texas.

Customers Bank is a bank that provides exceptional value, service and convenience. Customers Bank, they are dedicated to providing premium service, value and ease of use as part of an overall seamless banking experience. Their modern, high-tech approach to banking allows them to provide a wide range of services and products.

We’re a full-service, community-based bank that offers an growing portfolio of loans for small-sized businesses, multi-family developments mortgage firms and individuals throughout Pennsylvania, New York, Rhode Island, New Hampshire, Massachusetts, and New Jersey.

Their advanced technology approach makes sure that their customers are able to access the most up-to-date and most efficient internet and mobile banking options. If high-tech doesn’t suffice customers can avail the convenience that comes with Concierge Banking(r) that allows face-to face banking on appointment at their customers at their offices or homes 12 all day, seven every day of the week. Their single-point-of-contact model means that customers have just one phone number to call for virtually all their banking needs.