• Home
  • /
  • Banks
  • /
  • How to Buy Crypto with Huntington Bancshares in United States

How to Buy Crypto with Huntington Bancshares in United States

Last updated on December 30, 2023

Quick Summary: While Huntington Bancshares 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.

5/5

11,029 5-star reviews on Trustpilot

Huntington Bancshares Homepage

As mentioned in my quick summary, like most United States banks, Huntington Bancshares 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 crypto trading platforms that you can use 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 Huntington 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 Huntington Bancshares.

Buy Crypto With eToro

About Huntington Bancshares

Huntington Bancshares Incorporated is an American bank holding company with its headquarters within Columbus, Ohio. It is ranked 521st in the Fortune 500, and is 26th on the list of the top bank within the United States.

The bank subsidiary of the company, The Huntington National Bank has 1047 branches located mostly in the Midwest including 459 in Ohio, 300 in Michigan and 80 in Minnesota 51 in Pennsylvania 45 in Indiana 35 in Illinois 32 in Colorado 29, in West Virginia, 16 in Wisconsin and 10 in Kentucky. In January 2009 the Bank’s Board of Directors named Steve Steinour as the president as well as CEO and chairman replacing Thomas Hoaglan, who retired after eight years in the post.

In the fiscal year of 2021, Huntington was the nation’s top source for SBA 7(a) loans.

In January of 2016, Huntington announced it would buy the Akron-based FirstMerit Corporation for $3.4 billion and make the FirstMerit Tower located in Akron, Ohio, have the Huntington wordmark on it which makes It one of the biggest bank in Ohio. Because of Sherman Antitrust Act concerns by the United States Department of Justice It closed eleven branches located in Canton and two branches in Ashtabula for First Commonwealth Bank. In addition, 107 branches that were within 2.5 miles from other Huntington or FirstMerit branches were shut down.