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How to Buy Crypto with Truist Financial in United States

Last updated on November 20, 2023

Quick Summary: While Truist Financial 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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Truist Financial Homepage

As mentioned in my quick summary, like most United States banks, Truist Financial 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 crypto trading platforms 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 Truist

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 Truist Financial.

Buy Crypto With eToro

About Truist Financial

Truist Financial Corporation is an American bank holding firm with its headquarters within Charlotte, North Carolina. The company was established in December of 2019 as a outcome of the merger between the BB&T (Branch Bank and Trust Co.) along with SunTrust Banks. The bank has 2,781 branches across 15 states as well as Washington, D.C., and provides commercial and consumer banking as well as assets management, securities brokerage mortgage, insurance, and other offerings and other services.

It’s on the list of the top bank within the United States by assets; at the time of June 20, 2021, it was the 10th largest institution with assets of $509 billion. As of January 20, 2021, Truist Insurance Holdings is the seventh largest insurance broker in the world, with $2.27 billion in annual revenue.

On 7 February 2019, it was announced that BB&T’s Winston-Salem headquarters and Atlanta-based SunTrust Banks would come together through an equal merger to form the eighth largest US bank. This would be the largest deal in the banking industry since the financial crisis of 2007-2009. Bank also revealed that it would be moving the headquarters of their company to Charlotte, North Carolina, with a significant presence in Winston-Salem. The bank later announced that Winston-Salem will be the headquarters of the bank’s community banking as well as Atlanta will serve as the hub for retail or wholesale banking.

On June 12th, BB&T and SunTrust made it clear that the newly formed company would be named Truist Financial Corporation. The name came from research which included the hiring of Interbrand to solicit the opinions from employees from both banks, as well as focus groups.The new name was met with critique from analysts as well as customers of both banks via social media.