Discover The Best Ways To Buy Crypto With Acorns

4 min read
Feb 2, 2023
4 min read

In a nutshell: If you're looking to buy cryptocurrencies like Bitcoin using Acorns, we got bad news for you, you can’t. Luckily, there are two regulated and beginner-friendly options on the market, Kraken and eToro. Both platforms are regulated by FinCEN in the US and offer a wide variety of cryptocurrencies like Bitcoin and Ethereum. You can quickly create an account in minutes and once verified, you can deposit money via bank transfer or by credit/debit card deposit.

190+ Cryptocurrencies

Spot & Futures Trading

Secure & FinCEN Licensed

Visit Kraken

+80 Cryptos & Copy Trading

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.

Table of content: 

  1. Can you buy crypto with Acorns?
  2. Can you buy Bitcoin with Acorns?
  3. How to buy crypto with Acorns?
  4. Does Acorns let you buy crypto?‍
  5. Is Acorns crypto-friendly? 
  6. In Conclusion

Can you buy crypto with Acorns? 

Unfortunately, Acorns doesn't have a feature to let you buy cryptocurrencies directly. But don't worry, you can still invest in crypto through trustworthy platforms like eToro or Kraken. Simply create an account with one of these platforms, connect your Acorns account to deposit funds and you'll be good to go!

Acorns banking and investing app
Acorns banking and investing app

Can you buy Bitcoin with Acorns? 

At the time of writing, Bitcoin is not available to be purchased via the Acorns platform. 

‍How to buy crypto with Acorns?

To begin your investment journey in cryptocurrencies, you must first register to a regulated exchange. Once your account has been verified you can deposit money into your account. You can either choose bank transfers which are most often free of charge, or you can deposit via credit/debit card transfer. The latter is instantaneous but comes with a small deposit fee. With the funds safely in your account, you can buy from a wide range of cryptocurrencies at your disposal. 

How to signup today

1. Open a free account and complete the identity verification.
2. Make a deposit via your Acorns account or credit/debit card. 
3. Select which cryptocurrency to buy once your deposit has arrived.

Buy crypto with Acorns and eToro
Buy crypto with Acorns and eToro

Does Acorns let you buy crypto?

Customers of Acorns can connect their account or debit/credit card to an outside exchange to purchase cryptocurrencies. Acorns do not interfere with this process. 

Is Acorns crypto-friendly?

Yes, Acorns is a crypto-friendly financial services company. At the time of writing, customers of Acorns have the option to get indirect exposure to crypto via a Bitcoin ETF. 

Acorns Bitcoin ETF
Acorns Bitcoin ETF

In Conclusion

Currently, Acorns doesn't have a feature for its users to purchase cryptocurrencies like Bitcoin. But don't worry, you can still buy crypto through reputable exchanges like eToro or Kraken. To get started, simply sign up for one of these exchanges and connect it to your Acorns account (or any other bank account). Once your account is verified, you can easily add money and start investing in the cryptocurrency of your choice.

190+ Cryptocurrencies

Spot & Futures Trading

Secure & FinCEN Licensed

Visit Kraken

+80 Cryptos & Copy Trading

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Author
Mike Larsen
Mike is a a passionate cryptocurrency enthusiast who bought his first Bitcoin in 2015. His has a knack for for breaking down complex subjects into easy-to-understand.

More relevant articles