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How to Buy Crypto with East West Bank in United States

Last updated on November 12, 2023

Quick Summary: While East West 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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East West Bank Homepage

As mentioned in my quick summary, like most United States banks, East West Bank doesn’t allow users to trade cryptocurrency directly on their platform, due to the complexities with setting up a cryptocurrency exchange and comes with regulations and extra work for the banks.

There are a large number of cryptocurrency trading platforms that you can use 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 East West 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 East West Bank.

Buy Crypto With eToro

About East West Bank

East West Bank (traditional Chinese: Hua Mei Yin Xing (simplified Chinese: Hua Mei Yin Xing Pinyin: Huamei Yinhang), the main branch of East West Bancorp, Inc. is the largest publicly traded bank with its headquarters located at Southern California, United States.

It was established around 1973, in Los Angeles to serve the Chinese American community in Southern California. It is a leading bank that is focused specifically on United States and Greater China markets. It has more than 120 branches across both the U.S. and China, including markets in California, Georgia, Massachusetts, Nevada, New York, Texas and Washington. In China,

East West Bank’s presence spans full-service branches that are located in Hong Kong, Shanghai, Shantou and Shenzhen and representatives offices located situated in Beijing, Chongqing, Guangzhou and Xiamen. Forbes magazine has acknowledged East West Bank as one of “America’s Best Banks” since 2010. The year 2018 was the last time Forbes placed East West Bank fifth in “America’s 100 Biggest Banks.”