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How to Buy Crypto with KeyCorp in United States

Last updated on November 27, 2023

Quick Summary: While KeyCorp 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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KeyCorp Homepage

As mentioned in my quick summary, like most United States banks, KeyCorp 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.

There are a large number of crypto exchanges 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 Keybank

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

1. Pick a crypto 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 KeyCorp.

Buy Crypto With eToro

About KeyCorp

KeyBank is the main subsidiary of KeyCorp is a bank with a regional focus. It is with its headquarters located in Cleveland, Ohio, and is the sole major bank that is based in Cleveland. KeyBank is among the biggest bank across America. United States.

Key’s customer base covers small and retail customers commercial, corporate and investment customers. KeyBank has more than 1,000 branches as well as 4000 ATMs. These are located in 15 states: Alaska, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, Ohio, Oregon, Pennsylvania, Rhode Island, Texas, Utah, Vermont, Virginia, Washington, D.C. and Washington. KeyCorp has business offices in 39 states.

Key was ranked as 449th in the 2022 Fortune 500 list based on its 2021 revenues.

KeyBank is the principal subsidiary of KeyCorp it was founded in 1994 following merging between Society Corporation of Cleveland, Ohio (“Society Bank”) and KeyCorp (“Old KeyCorp”) from Albany, New York. The merger was short-lived, making Key the 10th-largest US bank. The roots of Key go all the way back Commercial Bank of Albany, New York in 1825 and Cleveland’s Society for Savings, founded in 1849.