Summary: Currently, Chase Bank does not offer its customers a platform to buy and sell Bitcoin and other cryptocurrencies. However, its account holders can still acquire these digital assets through a regulated broker or exchange such as eToro, which is registered in the USA with the Financial Crimes Enforcement Network (FinCEN) and allowed to sell various cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).
So, to buy Bitcoin online with a debit card, credit card, or a simple bank transfer with Chase Bank, the process is simple: crypto investors in the US have first to create an account with a FinCEN-regulated platform such as eToro and then transfer funds from their bank account to the exchange.
Does Chase Bank allow crypto purchases?
You can buy buy Bitcoin online with a debit card or credit card using your Chase Bank account, however, not on its trading platform. Instead, Chase supports USD deposits to other FinCEN-regulated brokerage and exchange platforms in the USA like eToro. Fortunately, the process of funds transfer is typically simple and straightforward, depending on the service you are using, as we will demonstrate in the next section.
How to buy crypto with Chase?
As mentioned earlier, if you are an account holder with Chase Bank, the best option to buy BTC and crypto with your bank account is to sign up with a crypto exchange or brokerage platform. Once you do, you can deposit USD funds from your Chase bank account to that account and then make your purchase.
The best platform to use in buying crypto is eToro in the USA because it supports deposits by bank transfer, and payment cards, both of which can be used to transfer funds from Chase. Additionally, eToro offers a beginner-friendly user interface, offers support for multiple assets, and is currently licensed to operate in 46 U.S. states and Washington, D.C.

How to buy Bitcoin and crypto with Chase: Step-by-Step
Here’s a simple four-step process to get you started and buy Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies with your Chase bank account. It should ideally take you a few minutes to work through.
- 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 Chase bank account to deposit your selected fiat currency. Alternatively, you can connect your Chase payment card (debit or credit);
- Step 4: The final step is to find the cryptocurrency you want to purchase and execute your trade.
About Chase Bank
Chase Bank is a US-based bank licensed to operate under the name JPMorgan Chase Bank, a subsidiary of JPMorgan Chase & Co. (NYSE: JPM). The bank enables customers to access various financial products, including savings and checking accounts, credit and debit cards, asset financing, mortgages, business financing, and investment advisory, among several others.

So far, the bank operates across the United States with more than 4,700 physical branches and over 16,000 ATM locations, with its headquarters in New York. It is one of the largest financial institutions in the US, with a reputable customer service record.
Chase Bank Cryptocurrency Policy
For a long time, JPMorgan Chase’s CEO Jamie Dimon had been a fierce critic of cryptocurrencies, but Chase Bank’s cryptocurrency stance has slowly softened over the years. In July 2021, his bank became the first among its peers to enable wealthy retail clients to invest in cryptocurrency funds like the Grayscale Bitcoin Trust. Furthermore, has reportedly registered a trademark for an already existing“J.P. MORGAN WALLET” also for possible crypto payment processing.
Even though the Chase bank crypto outlook is pro-blockchain, it is still not possible to buy Bitcoin or any other cryptocurrencies directly, and neither are investment advisors allowed to recommend the nascent asset class to the bank’s clients. Only ‘unsolicited’ fund investment trades can be done.
As of the end of 2022, JPMorgan Chase had not yet issued an official policy regarding cryptocurrencies. However, it does provide a brief crypto disclosure statement on its website with reference links to advisory statements from relevant US-based financial regulators.
Crypto trading fees
Crypto trading fees are crucial to remember when buying and selling cryptocurrencies. Unfortunately, cryptocurrency trading fees can vary across exchanges, and comparing them can prove difficult, as not all crypto trading platforms are always straightforward and transparent about what they charge.
For example, let’s compare two popular options eToro and Coinbase when using your Chase bank account to trade cryptocurrencies. Both are solid options — whereas eToro offers other assets like stocks and ETFs alongside crypto, Coinbase is a specialized cryptocurrency exchange. What sets eToro apart is its copy trading feature and free deposits via your Chase credit and debit card. On the other hand, when using your Chase bank account, Coinbase does allow free deposits but only via bank transfers, and charges for card deposits.
How to buy crypto safely
Cryptocurrencies are gradually growing in popularity and, with that, attracting a wider investor audience. However, if you are a beginner in the blockchain space, you may be prone to making any of these common investment mistakes we have identified. Check the guide out for ways to avoid them.
Investors in the United States are protected by agencies such as the SEC (Securities and Exchange Commission), CFTC (Commodity Futures Trading Commission), and FinCEN. These agencies are yet to provide proper blockchain-related guidance on how they plan to handle crypto investments. However, so far, they are using the available regulatory framework, which mostly targets operating businesses, but not crypto assets.
Therefore, it is important to note that cryptocurrency investors are still exposed to financial losses due to the limited protection from regulatory agencies. As a result, it is your responsibility to secure your investments. Below we have provided a few key pointers to keep yourself, and your money safe before and after you make an investment;
- Use reputable platforms – there are several cryptocurrency brokerages and exchange service providers, most of which have questionable backgrounds. Before you invest your money, ensure that you undertake thorough research on every platform you are considering using to buy cryptocurrency. Regulated exchanges are some of the safest to use;
- Use safe devices – other than using reputable platforms, you also need to ensure that the devices you use to buy and store your crypto are safe. Avoid public computers and networks whenever you are making an investment or even accessing your wallets. For long-term investments, it is advisable to use cold wallets as opposed to hot wallets, which are ideal for small investments which are accessed regularly;
- Practice proper security hygiene – always use strong passwords and two-factor authentication (2FA) for all your online accounts, including email services. If you opt for self-custody of your cryptocurrency assets, ensure that you store your backup phrases or private keys in a secure offline location;
- Educate yourself – try to gather as much information as possible about blockchain and the cryptocurrency space. The knowledge you collect will be instrumental in understanding this new asset class and knowing how to safely navigate, store and spend your cryptocurrency. Also, learn about the several ways to grow your investment, such as through trading, staking, lending, and yield farming, among others;
- Observe proper risk management practices – cryptocurrencies are prone to volatile price movements, which could lead to significant losses. Therefore, never invest funds you cannot afford to lose;
This is not a comprehensive risk mitigation checklist. Ensure to research further and always be updated on blockchain-related developments to both secure your investment and also discover new opportunities.
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 Chase Bank:
What banks allow you to buy cryptocurrency?
Several banks in the USA, such as Chase or USAA allow you to buy Bitcoin online with a debit card, credit card, or a simple bank transfer, however, not directly on their own platforms. To buy bitcoin using your bank account, you’ll have to first sign up with a regulated broker, transfer funds, and then purchase your chosen cryptocurrency.
How to buy crypto with Chase?
You can buy crypto with a Chase Bank account or payment card by depositing USD to a digital asset brokerage or exchange then using the service to make the purchase.
Does Chase Bank allow crypto purchases?
Currently, Chase Bank does not offer cryptocurrency brokerage services on its platform; however, its customers are able to buy crypto by connecting their accounts and cards to FinCEN-regulated exchanges like eToro.
What is Chase Bank’s crypto policy?
Chase Bank does not offer crypto brokerage services which include buying and selling of assets such as Bitcoin. However. Its parent JPMorgan Chase does allow its wealthy retail clientele to invest in cryptocurrency-related funds. The bank does allow money transfers to reputable and regulated US-based exchanges through which customers can trade crypto.
Why can't I buy crypto with Chase?
You can buy cryptocurrency with Chase Bank, albeit, not directly on its platform. Instead, you can transfer funds in your bank account to a third-party exchange or brokerage such as eToro USA, then proceed to buy the crypto.
How to buy cryptocurrency in the USA?
Even though most banks don’t allow you to buy cryptocurrency in the USA directly on their own platforms, they do support USD deposits to FinCEN-regulated brokers like eToro. For example, JP Morgan Chase bank, USAA, or PNC Bank.