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How to Buy Crypto with Hancock Whitney in United States

Last updated on November 12, 2023

Quick Summary: While Hancock Whitney 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, Hancock Whitney 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.

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 Hancock Whitney

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

1. Pick a cryptocurrency exchange

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 Hancock Whitney.

Buy Crypto With eToro

About Hancock Whitney

Hancock Whitney Corp. is a holding company of banks that is headquartered at Gulfport, Mississippi. It has 237 branches across Mississippi, Alabama, Florida, Louisiana, and Texas. It is also the bank of officiality for the New Orleans Saints and issues the team’s official debit card. It is the bank of officiality for LSU Athletics and issues the official credit card and debit card.

Hancock County Bank was founded in 1899 in Bay Saint Louis, Mississippi by 19 people. The day it was founded the bank began operations with a capital of $10,000 as well as $8,277.41 of deposits. The bank was founded in order to profit from the growing lumber wool, cotton and lumber trades as well as the market for chickens and other produce.

On the 8th of January 1902, the institution launched the first branch at Pearlington, Mississippi, followed by an additional branch that was opened in Pass Christian, Mississippi, the preferred destination of Northerners who were fleeing the brutal winters, as well as of wealthy New Orleanians seeking relief from the scorching heat of the summers.

In 1929, the Wall Street Crash of 1929 in 1929, 162 Mississippi banks went under and left Gulfport without an institution. There were a few Gulfport residents had already been customers of The Long Beach, Mississippi branch and many Gulfport businessmen contacted the bank to establish the central Gulfport branch. The bank opened a branch on the intersection of 13th Street and 26th Avenue within the old First National Bank of Gulfport Building.

In May of 2018 it changed the name of its company to Hancock Whitney Corp.