10 Most Crypto Friendly Banks in USA (2026)

Not all banks accept crypto and may even halt your crypto transactions. To help you, we've put together the best crypto friendly banks in the USA in 2026.

What are the best crypto friendly banks in 2026?

Revolut

Revolut is a UK-based fintech company that offers cryptocurrency trading right within its mobile app. With support for over 30 cryptocurrencies, including popular ones like Bitcoin and Ethereum, Revolut makes it easy for both new and experienced users to buy, sell, and hold digital assets. The platform provides competitive exchange rates and allows users to exchange between different fiat and digital currencies. Notably, Revolut offers cryptocurrency wallets for managing digital assets alongside traditional money, and users can set up cryptocurrency vaults to save and accumulate digital assets over time.

Wirex

While not a bank, Wirex is a notable player in the crypto space, offering a payment card in partnership with Mastercard. Wirex stands out for its support of both traditional currencies and a wide range of cryptocurrencies, making it a convenient choice for crypto enthusiasts. They offer various plans, including a free one, and users can earn more crypto back by upgrading their plans. Wirex also has its own token (WXT) that unlocks DeFi opportunities and other crypto-related features.

Juno

Juno is a crypto-friendly banking platform tailored for individuals and businesses in the blockchain and crypto space. It offers specialized crypto accounts with features like crypto-backed loans, savings, and trading. Juno also provides staking services, allowing users to earn rewards by holding cryptocurrencies. They offer debit cards that can be linked to both fiat and crypto accounts, enabling users to spend cryptocurrencies like traditional money.

Monzo

Monzo, a pioneer in digital banking, has embraced the digital financial revolution and shows openness to cryptocurrencies. While it doesn't offer direct crypto trading, Monzo allows customers to use their bank account with cryptocurrency exchange accounts. This integration enables users to monitor their cryptocurrency holdings alongside regular banking transactions within the Monzo app. Monzo also supports faster payments and direct debits to cryptocurrency exchanges, simplifying fund deposits and management.

Ally Bank

Ally Bank, a customer-centric traditional online bank, may not directly offer crypto services, but it allows customers to use their accounts with external cryptocurrency exchanges for trading. Ally Bank provides digital tools and services to help customers manage their finances effectively, which can be beneficial for crypto traders. Known for its transparent fee structure and competitive interest rates, Ally Bank is an attractive option for customers looking to optimize their financial portfolio, including crypto investments.

Cash App

Originally designed for peer-to-peer payments, Cash App has transformed into a comprehensive financial platform. Developed by Square, this mobile app now offers users a full-service banking experience. Users can obtain a Cash App debit card, receive ACH transfers and direct deposits, and venture into traditional stock market investments. Cash App's integration with cryptocurrencies, particularly Bitcoin, sets it apart in the fintech landscape.

Quontic 

Quontic is a US-based community bank known for its willingness to work with fintech companies in the blockchain and cryptocurrency space. It provides business banking solutions for companies involved in crypto and fintech. Quontic offers interest-bearing accounts for cryptocurrencies, allowing users to earn passive income on their digital assets. It also offers a Bitcoin rewards checking account, combining traditional banking services with crypto benefits.

Mercury

Mercury is an excellent choice for Web3 companies, as it offers business banking solutions tailored to their needs. While you can't hold cryptocurrency in a Mercury account, there are no restrictions on buying crypto through the account. Mercury's Vault product extends FDIC insurance coverage to up to $5 million, and its Treasury product provides an attractive yield on balances over $500,000. Additionally, Mercury offers cashback bonuses and prepaid cards, making it a versatile option for businesses.

JP Morgan Chase

JP Morgan Chase, one of the largest global financial institutions, has cautiously ventured into cryptocurrencies. The bank introduced the JPM Coin for instant cross-border payments among institutional clients. It offers crypto-friendly banking services to selected exchanges and digital asset firms, with a strong focus on risk management and compliance. JP Morgan Chase also provides institutional-grade research on crypto markets, aiding clients in making informed investment decisions.

Citibank

Citibank, or Citi, is one of America's largest banks and has increasingly embraced digital assets recently. It offers services linked to crypto assets and has developed infrastructure for institutional digital asset custody, tokenization and blockchain-based payments. Its Citi Token Services also allow participating clients to move liquidity across Citi’s network around the clock using blockchain technology, without needing to manage a crypto wallet.

How to choose a crypto friendly bank

When you're thinking about picking a crypto-friendly bank, here are some important things to keep in mind:

• Holding both crypto and fiat currency: Look for a bank that lets you keep both cryptocurrencies (like Bitcoin) and regular money (like dollars) in one place. This makes it easy to manage all your funds together.

• Crypto cards for spending: Check if the bank offers special crypto cards. These cards let you spend both your regular money and cryptocurrencies to buy things or make payments.

• Integration with crypto exchanges and wallets: Make sure the bank works well with cryptocurrency exchanges and digital wallets. This helps you easily move your money in and out of the crypto world.

• Crypto-powered banking services: Some banks offer extra services related to cryptocurrencies, like crypto-backed loans or earning rewards on your crypto holdings. These can be handy features to have.

• Buying and selling cryptos with cards: Find out if the bank lets you use your credit or debit card to buy and sell cryptocurrencies. It's convenient to have this option.

• Transaction fees and monthly charges: Be aware of the fees the bank charges for crypto transactions and any monthly account fees. You want to make sure the costs are reasonable and fit your budget.

What are the pros and cons of crypto friendly banks?

As with all things, crypto friendly banks have their pros and cons.

Crypto friendly bank pros

• Makes crypto easy: They make it easy for newbies to get into crypto, like regular banking.

• Easy to cash out: It's easier to turn your crypto into regular money with them.

• Helps businesses: They support blockchain and fintech companies, which is good for startups.

• Mobile apps: They have mobile apps so you can manage your crypto on the go.

Crypto friendly bank cons

• Risky: They can be risky because they deal with volatile crypto assets.

• High fees: They charge more for crypto services compared to regular wallets.

• Limited features: They don't offer all the cool stuff that DeFi does.

Remember, regardless of the bank you use, you'll need to use a crypto tax calculator to help you keep track of your gains, losses, income, and more from crypto investments.