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How to Buy Crypto with Capital One [2024]

How to Buy Crypto with Capital One [2023] | Step-by-Step Guide
Diana Paluteder

Summary: If you want to buy crypto with Capital One, we recommend linking it to a trusted multi-asset investment platform. After testing over ten popular trading platforms, we concluded eToro to be the best choice for Capital One customers, as it offers low trading fees and a wide selection of crypto assets.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Does Capital One allow crypto purchases? 

Yes, you can buy crypto with Capital One, but not directly on its platform, as Capital One Bank doesn’t offer crypto trading services. If you wish to buy crypto with your Capital One bank account, connect to a FINRA-registered cryptocurrency exchange.

How to buy crypto with Capital One?

The best way to buy crypto with a Capital One account in the US is through brokers like eToro, which is a widely trusted multi-asset investing platform with over 80 cryptocurrencies and unique features such as “Copy Trading,” which enables users to copy top-performing crypto traders, in addition to a staking service, custom watchlist, as well as advanced charts and technical analysis tools. 

How to buy crypto with Capital One: Step-by-Step

You can get started in minutes with four simple steps:

  • Step 1: Create an account on eToro and complete your verification (personal or company);
  • Step 2: Enter the USD amount you want to deposit on the eToro platform;
  • Step 3: Connect your Capital One account to deposit your selected fiat currency;
  • Step 4: The final step is to find the cryptocurrency you want to purchase and execute your trade.

Disclaimer: Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

How to Buy Crypto with Capital One: eToro banner.
Crypto on eToro. Source: etoro.com

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

About Capital One

Capital One Bank is an American full-service bank headquartered in McLean, Virginia. The bank has 755 branches across the US, including 30 café style locations and 2,000 ATMs, and offers a full range of lending and deposit products to both individuals and businesses. 

How to Buy Crypto with Capital One: Homepage screenshot.
Capital One’s homepage. Source: capitalone.com

Services offered by Capital One include: 

  • Personal banking: Checking accounts, savings accounts, credit cards, car loans, cash rewards, travel rewards, certificate of deposits (CDs);
  • Business banking: Business checking and savings accounts, loans and lines of credit, business rewards, and merchant services.

Capital One cryptocurrency policy

Capital One Bank doesn’t provide any products or services related to cryptocurrencies directly from their platform. However, Capital One and Capital One Credit Card holders can freely buy, hold, and sell digital assets through FINRA-regulated crypto exchanges.

Capital One hasn’t released official press releases regarding its stance on crypto or publicly announced limitations on credit or debit card transfers to crypto exchanges. Neither does their website mention anything about cryptocurrencies.

How to buy crypto safely

  • Research the cryptocurrency you want to buy: Make sure you understand how it works and what the risks of investing in the crypto market are; 
  • Only use a safe device: Avoid public computers and Wi-Fi networks. Always use your personal computer with a VPN, which helps establish a secure connection between you and the web, keeping your sensitive information safe;
  • Choose a reputable exchange: Check the exchange’s license with regulators. Review terms to understand fund security. Read user reviews for red flags;
  • Secure your account: Use two-factor authentication and a strong password to protect your account;
  • Use a secure wallet: Store your cryptocurrency in a secure wallet to protect it from hackers. You can opt for either a hot (online) or cold (offline) wallet. To choose the right one for you, make sure to check out our in-depth guide on crypto wallets;
  • Don’t invest money you can’t afford to lose: Because the crypto market can be so volatile, you need to be conservative with your investments, particularly when starting out. For more investing tips, take a look at our guide on investing mistakes to avoid;
  • Monitor your investments: Keep an eye on the market and be aware of any changes in the price of the cryptocurrency you’re investing in. 

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk. 

FAQs about how to buy crypto with Capital One: 

How to buy crypto with Capital One?

You can buy crypto with Capital One by connecting your banking account to a licensed third-party cryptocurrency platform.

How to buy Bitcoin with Capital One?

You can buy Bitcoin with Capital One by connecting your bank account to a reputable third-party investing platform that offers cryptocurrencies, for example, eToro.

Can I buy crypto with Capital One in USA?

While Capital One doesn’t offer crypto trading directly through its own platform, customers can connect their bank accounts to a FINRA-registered crypto broker to buy crypto with Capital One in the USA.

How to buy crypto with a Capital One credit card?

Link your bank to a regulated platform. Transfer funds from your Capital One card to purchase cryptocurrency.

What crypto exchanges does Capital One allow?

Customers can connect their Capital One banking account to a FINRA-registered cryptocurrency exchange to buy crypto. 

Is Capital One crypto-friendly?

Capital One does not support crypto trading directly on its platform. However, Capital One is a crypto-friendly bank that allows its customers to use their bank accounts to purchase cryptocurrencies via a third-party exchange.

What is Capital One’s crypto policy?

Capital One allows its customers to use their online banking accounts or services to buy, sell and trade digital assets through regulated exchanges. 

Who owns Capital One?

Capital One Financial Corporation (COFC) owns Capital One Bank, serving retail customers, small businesses, and commercial clients.

How to buy Bitcoin with Capital One without verification?

Find a crypto platform accepting Capital One; however, note that reputable ones need verification. Some allow small transactions with less verification, but have limitations. Also, verify platform credibility and security due to market risks and fraud potential.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

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