Two Options Better Than Sofi To Buy Crypto

In a nutshell: While its possible to buy cryptocurrencies from Sofi, we would advice against it considering the steep 1.25% trading fee and few available cryptocurrencies. Instead, we recommend two alternatives that are fully regulated, beginner friendly and offer a wider variety of cryptocurrencies. You can create a free account with eToro and Kraken in minutes and begin trading shortly after.

‍Table of content: 

1. Can you buy crypto with Sofi?
2. Can you buy Bitcoin with Sofi?
3. How to buy crypto with Sofi?
4. Sofi cryptocurrency list‍
5. Is Sofi crypto-friendly? 
6. In Conclusion

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Can you buy crypto with Sofi? 

If you're a customer of Sofi, you have the option to buy cryptocurrencies through their platform. However, it's not a great option as the fees are quite high (1.25% per trade) and they only have 40 cryptocurrencies available. 

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Can you buy Bitcoin with Sofi? 

Yes, Bitcoin is available to be purchased on the Sofi platform. If you are looking for a cheaper way to buy Bitcoin, we recommend signing up to Kraken and eToro. 

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‍How to buy crypto with Sofi?

Two great alternatives to Sofi for buying cryptocurrencies are Kraken and eToro. These exchanges offer more cryptocurrencies and lower fees than Sofi. Opening a free account can be done quickly and you can then begin trading your favorite tokens and coins. 

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How to signup today

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

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Sofi cryptocurrency list

Sofi’s platform supports 40 different digital assets, including but not limited to Bitcoin, Ethereum, Solana, Litecoin, Dogecoin, Polkadot, Filecoin, Uniswap, and Brave.

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Is Sofi crypto-friendly?

While Sofi has high fees for trading cryptocurrencies, they are a crypto-friendly company that enables its customers to buy crypto on its platform.

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In Conclusion

Sofi offers a small variety of 40 cryptocurrencies to its customers, but it’s comes with a steep 1.25% fee. There are more versatile and cheaper options on the market like Kraken and eToro. These platforms are regulated by FinCEN in the US and offer many different cryptocurrencies like Bitcoin, Ethereum, Doge, and more. You can easily create an account in just a few minutes and once it's verified, you can deposit funds quickly via bank or card transfer.