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How to Buy Crypto with First Republic Bank in United States

Last updated on November 12, 2023

Quick Summary: While First Republic 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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First Republic Bank Homepage

As mentioned in my quick summary, like most United States banks, First Republic Bank 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.

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 First Republic 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 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 First Republic Bank.

Buy Crypto With eToro

About First Republic Bank

First Republic Bank is an American full-service bank and wealth management business providing business banking, personal trust, banking and wealth management which cater to low-risk and high net-worth customers and focusing on delivering a customers with a personalized experience. The bank is a leader in providing customized relationship-based services through the trust and banking branches that are preferred throughout the United States, including San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Palm Beach, Boston, Greenwich, New York City, Jackson, Wyoming, Manhattan Beach and Bellevue.

First Republic offers wealth management services through First Republic Wealth Advisors and First Republic Investment Management. Brokerage services are offered through First Republic Securities Company LLC and Trust services are offered via First Republic Trust Company.

In June of 2018, Forbes ranked First Republic at #220 in the Forbes Global 2000 list of “growth champions.” Forbes has also placed it at #268 among the top American publicly traded businesses. With 5,350 employees, at this time First Republic had a market capitalization at $14.32 billion and wealth management assets of $126.2 billion. In the year 2019, First Republic opened an investment office in Washington D.C.