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How to Invest in Crypto with a Crypto Friendly Bank?11 min read

How to Invest in Crypto with a Crypto Friendly Bank?11 min read

Reading Time: 5 minutes

We would like to share our top tips for starting your cryptocurrency investing journey through a crypto friendly bank. With the increasing popularity of assets there is a growing availability of banking options that aim to simplify entry into this field. Crypto banks offer a best-of-both-worlds solution, combining traditional financial services with advanced crypto investment tools.

What is a Crypto Friendly Bank?

Crypto friendly banks like The Guardian Bank are financial institutions that allow customers to purchase, store, and sell cryptocurrencies directly from their bank accounts. Rather than using traditional crypto exchanges, a crypto friendly bank provides the ability to invest in cryptocurrency through a regulated digital banking account.

Crypto friendly banks provide a range of services to banks including depositing fiat currency, bill payments and fund transfers. Additionally they offer the convenience of purchasing cryptocurrencies like Bitcoin and Ethereum. 

Your crypto assets are stored securely in the bank’s wallet system allowing you to easily convert them back into fiat currency when needed. The Guardian Bank is one of the pioneers in this space, being the first Swiss bank to offer crypto investment directly from a digital bank account.

crypto friendly bank

How to Invest in Crypto in an Online Bank Account?

Investing in crypto with a crypto friendly bank like The Guardian Bank is pretty straightforward. To begin you’ll have to go through the process of opening a digital bank account. It’s quite similar to opening a bank account, where you’ll be required to provide your identification, proof of address and other necessary KYC documents, in a format.

After you’ve confirmed your account you can add funds by transferring money from your bank. Then go ahead. Look for the cryptocurrencies you’re interested in purchasing, like Bitcoin. Choose the desired amount. Confirm your purchase. You’ll then see the crypto reflected in your wallet within your bank account!

It’s so easy to start investing in cryptocurrency from your couch. The bank offers an experience through their website and app making transactions quick and efficient. The best part is, you won’t have to wait for days to get confirmations, on exchanges.

You can also easily sell your holdings back to cash whenever you want. Overall, a crypto friendly bank provides a beginner-friendly gateway to dip your toes into digital assets through good ol’ fashioned digital banking.

What Transactions Can You Do with a Crypto Friendly Bank Account?

Once you’ve opened a crypto friendly bank account like with the bank, there are several things you can do with your digital assets. In addition to buying and selling cryptocurrencies, you can use your holdings to make crypto payments directly from your account. 

This allows you to shop online or send crypto to friends without ever leaving the app.

You’ll also be able to crypto deposit straight into your account. Need to cash out some Bitcoin? Simply deposit it and the funds will be converted to cash in your local currency. Likewise, if you earn or receive crypto payments, depositing them is a breeze.

One great advantage is the opportunity for lending. Platforms such as The Guardian Bank enable you to earn interest by loaning out your cryptocurrency holdings. This means that your digital assets can generate income for you round the clock. 

All a bank that is supportive of cryptocurrencies provides you with complete control over your digital assets in a regulated setting offering advanced transaction tools for managing your spending, receiving funds and expanding your portfolio.

How to Invest in Crypto with a Crypto Friendly Bank?

Now that you have a crypto friendly bank account set up, it’s time to start putting your money to work. The bank provides several simple ways to invest in crypto from your account. In addition to making purchases you also have the option to schedule recurring buys. 

This strategy allows you to invest amounts regularly thereby avoiding the need to time the market.

You can also make use of debit and credit cards offered by companies such as Visa and Mastercard. Use your cryptocurrency just like you would use cash and earn up to 5% back in rewards. It’s like having the benefits of both worlds!

After you’ve invested some money it’s an idea to create watchlists of the cryptocurrencies that catch your attention. The Guardian Bank will send you push notifications whenever there are price changes allowing you to take advantage of opportunities. You can also set price alerts and limit orders to automate crypto investments based on your strategy.

Overall, partnering with a crypto friendly bank like The Guardian Bank gives experienced and novice investors alike the tools to grow their holdings in a seamless, regulated environment. Let the gains come to you!

crypto friendly bank

Best Crypto Friendly Bank to Invest in Crypto

When choosing the best crypto friendly bank to start investing in crypto, it’s important to consider things like fees, supported assets, features, and security. 

The best digital bank, The Guardian Bank is one of the top options thanks to its low fees, wide range of coins, and advanced tools.

Their fee for purchases is 0.1 0.2%, which is quite reasonable compared to some competitors who charge 1% or more. The bank currently supports over 50 cryptocurrencies, including ones like Bitcoin, Ethereum, Cardano and Solana. 

They constantly add coins to their offerings well. The bank provides resources for researching investment opportunities, such as market data, news updates and educational articles. 

Security is also a point with bank level protection for your assets and additional measures like two factor authentication and insurance coverage. Their customer service is excellent too with quick responses available, round the clock. It’s no surprise that The Guardian Bank has gained the trust of investors seeking to enhance their portfolios. For a seamless crypto investment experience, it’s hard to beat the bank.

How to Manage Digital Assets in Crypto Friendly Banks?

Managing your crypto with The Guardian Bank is a total breeze thanks to their sleek portfolio overview. With one quick login, you can see all your holdings, their current value, and how they’ve gained (or not) over time. This makes it effortless to keep tabs on my strategy’s performance without stressing details.

In conclusion collaborating with a user institution such as The Guardian Bank removes the fear factor when venturing into the world of assets. Crypto banks with their combination of fees, wide range of options and helpful analytical tools provide seasoned investors with all the necessary resources to strategically explore opportunities. 

Moreover their excellent user experience ensures that even newcomers can easily get involved without feeling bogged down by terms or intricate processes.

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