How to buy crypto with Ally Bank?

Therefore, investors have to use a licensed broker to invest directly in digital assets like Bitcoin (BTC) and Ethereum (ETH). In short, to buy crypto with Ally Bank, we recommend using a FINRA-regulated multi-asset investment platform eToro and depositing USD from their Ally banking account.

Does ally support cryptocurrency trading?

However, some banks support customers in the crypto space and allow easy connections to exchanges like Coinbase as well as asset management serices. Some payment apps like Cash App support buying cryptocurrency alongside bank-like features. Ally doesn’t support direct crypto trading.

Is ally a good bank?

The ability to link your bank account to a trusted exchange like Coinbase, combined with crypto-related investments, makes Ally one of the most crypto-friendly banks in the USA. Banking features include direct deposits available up to two days early and overdraft protection. Ally also offers fee-free banking.