Best Crypto Friendly Banks

Not every bank takes cryptocurrency, and they might stop your transactions with crypto. For this, we have made a list of the top 10 crypto friendly banks to assist you.

Best Cryptocurrency Banks

JP Morgan Chase

JP Morgan Chase, a big global financial organization, has slowly moved into the cryptocurrency area. The bank has launched JPM Coin to make quick international payments possible between institutional customers. 

JP Morgan Chase gives banking services like cryptocurrencies to some chosen exchanges and businesses for digital assets, giving a lot of attention to managing risks and obeying rules. They also offer a professional level on cryptocurrency markets, which helps their customers decide wisely about investments.


Key Features of JP Morgan Chase

  • Provides crypto-friendly banking services to exchanges and digital asset firms.
  • Expertise in compliance and risk management.
  • Offers comprehensive institutional-grade research on crypto markets.

Wirex – One of the Best Crypto Friendly Banks

Wirex, although not a bank, is quite prominent in the cryptocurrency. If you interested more in crypto you can read more about the best cryptocurrency to mine. They provide a payment card along with a Mastercard. Wirex is distinctive because it allows you to use ordinary money and many types of cryptocurrencies, which is very handy for those interested in crypto. 

Many plans are available, they even have one that is free, and if the users choose a higher plan, they can get more crypto back. Wirex also has a special coin called WXT. This helps to access DeFi chances and additional crypto-related features.

Key Features of Wirex

  • Web3-based free accounts and secured debit card services.
  • 0% global foreign exchange fees with Wirex card.
  • Passive income through staking and access to institutional asset pricing.
  • Free ATM withdrawals and instant cross-chain bridges for stablecoins and crypto tokens.


Monzo, a leader in online banking, has welcomed the changes in digital finance and is open to cryptocurrency. Although Monzo does not provide direct trading of cryptocurrencies, it permits customers to link their bank accounts with accounts on cryptocurrency exchanges. 

This function lets people watch their cryptocurrency and normal bank transactions in the Monzo application. Monzo also makes sending payments quicker and setting up automatic bill payments for crypto exchanges, making it easier to add money and handle accounts.

Key Features of Monzo

  • Easily use Monzo cards with crypto exchanges.
  • Enables users to monitor cryptocurrency holdings within the Monzo app.
  • Supports faster payments and direct debits to cryptocurrency exchanges for convenient fund management.

Ally Bank

Ally Bank focuses on its customers and operates mostly online. It does not provide cryptocurrency services itself. However, the bank permits clients to link their bank accounts with other cryptocurrency trade platforms. 

Ally Bank offers electronic resources and assistance for efficient money management, useful to those who trade crypto assets. Ally Bank is well-known because it has a clear fee system and good interest rates. This makes it appealing for people who want to improve their money management, this includes investing in cryptocurrencies.


Key Features of Ally Bank

  • FDIC-insured US bank.
  • Higher APYs on fiat than most banks.
  • Offers a range of investment options, including crypto funds.


BankProv, which people also call Provident Bank, is a financial organization in the United States that focuses on providing banking solutions for businesses dealing with cryptocurrencies. 

They have accounts tailored for firms working with digital currencies and services to manage assets within the cryptocurrency sector. 

BankProv crypto bank supports businesses that exchange cryptocurrency and others by making sure they follow rules about cryptocurrency and anti-money laundering laws.

Key Features of BankProv

  • Flexibility to convert crypto to fiat for convenient spending.
  • Competitive interest rates on crypto lending.
  • Trusted reputation in the traditional banking sector.


Quontic is a community bank from the US that likes to collaborate with fintech firms in areas like blockchain and cryptocurrency. This bank for cryptocurrency offers banking services for businesses active in the crypto and financial technology sectors. 

Quontic provides accounts that generate interest for cryptocurrency, enabling people to make passive earnings from their digital holdings. They also supply a checking account with Bitcoin rewards that blend regular bank features with the advantages of crypto.

Key Features of Quontic

  • Traditional bank with crypto-friendly policies.
  • Wide variety of traditional banking services.
  • Offers Bitcoin rewards checking account with cashback on all purchases.


Mercury is a very good option for Web3 businesses because it provides banking services designed specifically for their requirements. Although you cannot keep cryptocurrency in a Mercury account, there are no limits if you want to purchase crypto using the account. 

Mercury’s Vault service increases the FDIC insurance protection up to $5 million, while its Treasury service offers a good return on amounts more than $500,000. 

Also, Mercury gives bonuses for cashback and has prepaid cards available, which makes it a flexible choice for companies.

Key Features of Mercury

  • No monthly maintenance fees.
  • Business payment integrations with various platforms.
  • Attractive yields with Mercury Treasury product.
  • Cashback bonuses and prepaid cards are available.

Cash App

Originally made for payments between friends, Cash App has changed into an all-in-one financial service. Created by Square, this mobile application now gives users the experience of a complete bank service. 

Users can get a debit card from Cash App, can accept ACH transfers and direct deposits, plus they can invest in regular stock market options. Cash App is different within the financial technology scene because it works with cryptocurrencies like Bitcoin.

Key Features of Cash Appv

  • Comprehensive financial platform with diverse services.
  • Seamless access to Cash App debit cards, ACH transfers, and direct deposits.
  • Empowers users to invest in both traditional stocks and cryptocurrencies, including Bitcoin.
  • Square, behind Cash App, is a strong proponent of Bitcoin adoption.
  • Ability to put in and take out Bitcoin straight into personal wallets, giving users complete control over their cryptocurrency possessions.
  • Please be aware that right now, Cash App is only accessible in the United States and the United Kingdom. There might be plans to make it available in more places later on.


Juno is a cryoto friendly bank platform that likes cryptocurrencies, and it’s made for people and companies working with blockchain and crypto. It has special accounts for crypto that let you borrow money using crypto, save, and trade. 

Juno also has services for staking, where people can get rewards when they keep cryptocurrencies. They also give out debit cards that you can connect with your regular money and crypto accounts, so you can use cryptocurrencies just like usual cash.


Key Features of Juno

  • Innovative Smart Treasury savings account for stablecoin holders.
  • Utilizes advanced technology, including AI and machine learning, for personalized financial insights.
  • Comprehensive suite of financial services, including lending, borrowing, and asset management.
  • Strategic partnerships with leading blockchain projects and financial platforms.


Revolut, a fintech company from the UK, provides trading of cryptocurrencies in its mobile application. It supports more than 30 cryptocurrencies such as Bitcoin and Ethereum, allowing users who are new or already familiar with these digital assets to purchase, sell and keep them. 

The service gives good exchange rates and lets people switch between traditional and online currencies. Revolut – bank of cryptocurrency has wallets for cryptocurrencies to handle digital money with regular currency. So, users can make cryptocurrency vaults for saving and collecting these assets as time passes.

Key Features of Revolut

  • User-friendly interface for easy crypto buying and selling.
  • Supports multiple cryptocurrencies for trading.
  • Flexible buying options, including auto-exchange at specific rates.
  • Offers bundled collections of tokens in sectors like DeFi and blockchain.
  • Users can use a card to pay for their cryptocurrency, which is changed into local money.

How to Choose a Crypto Friendly Bank?

When considering a bank that is friendly to cryptocurrency, you should remember several key factors:


  • Search for a bank where you can store both digital currencies, such as Bitcoin, and traditional money, like dollars, together. It simplifies the process of handling all your assets in one location.
  • Look if the bank has special cards for crypto. With these, you can use normal money and digital currencies to purchase items or pay bills.
  • Banks have good compatibility with cryptocurrency trading platforms and electronic wallets, as this facilitates the smooth transfer of funds to and from cryptocurrencies.
  • Banks provide additional services for cryptocurrencies, such as loans secured by crypto or rewards on your cryptocurrency balance; these features can be quite useful.
  • Check if your bank allows the purchase and sale of cryptocurrencies with credit or debit cards.
  • Understand the costs for crypto transactions and regular monthly fees from your bank. Check that these expenses are fair and suitable for what you can afford.

Conclusion of Best Crypto Friendly Banks

If you look for a crypto friendly bank, it can make it better to handle your usual money and the digital kind. 

When picking the best crypto friendly banks, consider if they match well with you, what costs there are, and any extra things they offer. 

Frequently Asked Questions

What banks are crypto friendly❓

Some options are Ally Bank, Wirex, Cash App, Revolut, Mercury, Quontic, Juno, Monaco and JP Morgan Chase.

Do all banks accept cryptocurrency❓

❌No, not all banks accept cryptocurrency. 

Can banks track crypto❓

✅Yes, your bank can detect if you’re engaging in transactions with cryptocurrency-related entities using your account.

What services do crypto banks provide❓

Crypto banks provide services such as crypto accounts, interest-earning deposits, loans with crypto collateral, debit/credit cards, trading, payment processing, custodial services, and investment opportunities.

Cryptocurrency bank is safe❓

The safety of a cryptocurrency bank depends on its regulatory compliance, security measures, and reputation.

All the best crypto banks is crypto friendly❓

The best crypto banks are indeed crypto-friendly, offering specialized services tailored for cryptocurrency users and businesses.

What is crypto friendly banking❓

Crypto-friendly banking refers to financial institutions that support and facilitate transactions, services, and accounts related to cryptocurrencies, offering features like crypto accounts, trading, lending, and payment processing.

Are crypto friendly banks in USA❓

✅Yes, there are several crypto-friendly banks in the USA, such as Silvergate Bank, Signature Bank, and BankProv, which offer various services tailored for cryptocurrency users and businesses.

Are crypto friendly banks in Europe❓

✅Yes, there are crypto-friendly banks in Europe as well. Some examples include SEBA Bank and Sygnum Bank in Switzerland, Bitwala in Germany, Mistertango in Lithuania.