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How to Buy Crypto with Mizuho Financial Group in United States

Last updated on November 12, 2023

Quick Summary: While Mizuho Financial Group 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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Mizuho Financial Group Homepage

As mentioned in my quick summary, like most United States banks, Mizuho Financial Group 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.

Thankfully there are many crypto exchanges to pick from that allow you 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 Mizuho Bank

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 Mizuho Financial Group.

Buy Crypto With eToro

About Mizuho Financial Group

Mizuho Bank, Ltd. is the corporate and retail banking division that is part of Mizuho Financial Group, the third-largest financial services firm in Japan with assets of around $1.8 trillion in 2017. Mizuho is one among the three Japanese “megabanks” (along with MUFG and SMBC).

Mizuho Bank provides financial products and services to a diverse spectrum of customers, including individuals as well as small and medium-sized businesses and large corporations, as well as financial institutions, and public sector organizations. The headquarters of the bank is situated inside the Otemachi district in Chiyoda, Tokyo.

In 1999, the announcement was made that Mizuho Financial Group was established on April 1st 2002 following the combination of Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan. The three predecessors were all significant financial institutions of their own and were the cornerstones of the major Zaibatsu (prewar period) and Keiretsu (postwar period).

The year 2002 saw the first time that Mizuho Corporate Bank and Mizuho Bank were established as two banks that were part of the Mizuho Financial Group through a split and merger process that reorganized the three banks that had been in existence for a long time.

This was the very first structure of a financial holding company established among the large Japanese banks. Mizuho Corporate Bank focused on large financial institutions, corporations as well as public sector organizations in Japan and abroad. Mizuho Bank focused on individuals as well as medium and small-sized enterprises in Japan.

Mizuho Corporate Bank engaged in continuous expansion in the overseas market opening 20 overseas branches from 2005 to 2010 especially in China and within the Americas, Europe and Middle East. The year 2006 saw Mizuho Corporate Bank became the first Japanese bank to receive the status of a financial holding company within the U.S., and Mizuho Financial Group has listed its ADRs in the New York Stock Exchange.