How To Safely Buy Crypto with Capital One Credit Card

Yes, it is possible to link your Capital One credit and debit card to regulated exchanges in order to invest in cryptocurrencies.

We emphasize the regulated part because it's always best to use regulated exchanges to ensure smooth USD deposits and withdrawals from exchanges.

Buying crypto with credit card is possible in the United States as long as you use FinCEN regulated exchanges that are licensed to operate in the states.

Most banks in the US do not interfere with customers who wish to deposit funds to cryptocurrency exchanges via credit card deposits.

For those who wish to invest in cryptocurrencies like Bitcoin in the United States, we recommend signing up to regulated exchanges such as eToro.

These exchanges are safe venues for beginners to get exposure to the blockchain space and coins like Bitcoin (BTC).

While Capital One Bank has previously blocked holders of its credit cards for making cryptocurrency purchases, that is no longer the case as most credit card issuers today treat crypto purchases as a cash advance.

Overall, it appears that while Capital One Bank is not actively embracing the cryptocurrency industry, it is also not hostile towards it either.

As such, customers are free to use cryptocurrency exchanges, wallets, and other services as long as they are legal and in compliance with applicable laws.

Although Capital One does not have an official crypto policy, this doesn't necessarily restrict its customers from buying cryptocurrencies.

Capital One cardholders can use their cards to send funds to third-party exchanges that allow cryptocurrency trading.

However, it's important to ensure that the exchanges used are safe and compliant with local regulations to minimize risks associated with digital asset trading.

Capital One Bank was founded in 1988 in Mclean, Virginia and is the fifth-largest commercial bank in the United States. With more than 800 branches in eight states, the bank offers a wide range of banking services to individuals, businesses, and government entities.

For individuals, Capital One offers a variety of checking accounts, savings accounts, and other banking services such as online bill pay, online banking, and mobile banking.

Capital One also provides loans, mortgages, auto loans, home equity lines of credit, and credit cards.

For businesses, Capital One provides banking services such as account management, credit lines, merchant services, and cash management. The bank also offers business loans, lines of credit, and business credit cards.

Capital One also offers wealth management services such as retirement planning, investment advice, estate planning, and trust services.

The bank which also operates in Canada and the UK has over 60,000 employees that serve an estimated 45 million customers. The bank has over $400 billion in total assets and revenues of $26 billion.

To read how to buy crypto with other US banks, here are a few more examples TD Bank, Discover Financial, Northern Trust, Acorns, and Chime.