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How to Buy Crypto with Zions Bancorporation in United States

Last updated on November 12, 2023

Quick Summary: While Zions Bancorporation 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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Zions Bancorporation Homepage

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

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 Zions 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 Zions Bancorporation.

Buy Crypto With eToro

About Zions Bancorporation

Zions Bancorporation is a bank holding company that is headquartered at Salt Lake City, Utah. Zions Bancorporation originated as Keystone Insurance and Investment Co. in April of 1955. In April of 1960, Keystone, together with several investors, purchased an 57.5 percent stake of Zions First National Bank from The Church of Jesus Christ of Latter-day Saints.

In 1965 the company’s name transformed into Zions Bancorporation. (However it operated as Zions Utah Bancorporation from 1966 until 1987.)

A first offering to the public of shares of Zions Bancorporation was made in January of 1966. There were still minority shareholders up to the month of April in 1972 when Zions Bancorporation traded the remaining minority shares to common shares.

In the year 2018, Zions Bancorporation merged into its bank subsidiary ZB, N.A., that was later changed to Zions Bancorporation, N.A. Zions Bancorporation now operates as an international bank that operates through eight regional brands instead of an investment company.