Today, as cryptocurrency has become popular and widely used, it is necessary for people who use it to have banks that allow crypto transactions. However, it may be difficult to find those as not many banks are affiliated with cryptocurrency. In this article, we have gathered the ten best crypto-friendly banks for you to ease your crypto transactions.

1. Wirex

Wirex is another popular candidate for crypto transactions. It must be noted that Wirex is not a bank, but it provides payment cards in partnership with MasterCard.

They support both cryptocurrencies and traditional currencies. It is widely used by crypto enthusiasts because it offers a wide range of cryptos. They also offer crypto rewards.

You can earn up to 8% cashback with Wirex on your online crypto purchases carried out with Wirex cards. The rewards will be instantly deposited into your accounts. They also charge 0% on foreign exchange fees.

2. Revolut

Revolut is a UK-based fintech company that allows you to do your crypto trading right from its mobile app. With Revolut, you can easily conduct your crypto transactions for both new and experienced sellers.

It allows more than 30 cryptocurrencies, including Bitcoin and many more. You can buy, sell, and hold assets on Revolut’s mobile app.

It offers a user-friendly interface. Revolut supports fiat and digital currencies. They allow you to secure your wallet with biometrics as an additional layer of security.

3. Bank Prov

Bank Prov is the technical division of Providence Bank, which has been rebranded. It has been working for a long time now.

It has now entered the crypto market. Bank Prov wants to bridge the gap between traditional currencies and cryptocurrency transactions. For businesses that want to do their transactions via Bank Prov, it will help you to make your transactions quicker with their API access.

They offer 24/7 mobile and online access for crypto payments. All things considered, Bank Prov is a safe and reliable banking option.

4. Monzo

Monzo is another great digital banking platform. Monzo does not permit crypto trading, but it does allow you to make your crypto transactions through their bank accounts.

It supports super-fast transactions and deposits into cryptocurrency exchanges. You can easily monitor your transactions and your crypto holdings via the Monzo app.

You can avail yourself of your crypto services with their cards as well. Their mobile app offers user-friendly interface.

5. Sygnum Bank

Sygnum Bank is a digital asset specialist and the world’s first regulated digital asset bank. Based in Switzerland and Singapore, Sygnum Bank AG has a Swiss banking license, as well as Sygnum Pte Ltd’s capital markets services (CMS) license in Singapore. With Sygnum, you can trade 24/7 professionally on the crypto markets; you can put your digital assets to work and generate yield with staking and much more. For more, check out Sygnum bank’s website.

6. Cash App

Cash app is a fintech company, not a bank. Earlier cash app was limited to peer-to-peer services but now it has expanded.

Cashapp was developed by Square, and now it offers full banking experiences. The cash app makes the bitcoin transaction very easy. You can get access to ACH transfers, Cash app debit cards, and direct deposits.

It empowers users to invest in both traditional and Bitcoin currency. You can securely do your Bitcoin transactions with the help of the Cash app.

7. Bank Frick

Bank Frick is the first European bank to introduce blockchain banking in the region. Bank Frick provides blockchain banking services with regard to the rules and regulations.

Bank Fick offers crypto trading features. It stores the users’ crypto assets in their cold storage wallets. They offer banking services to all companies in the blockchain and cryptocurrency industry so that they can focus on their core business.

They offer trading of various cryptocurrencies. It is a trusted option for crypto banking.

8. JP Morgan Chase

JP Morgan is one of the largest financial institutions that has now entered the crypto market. It provides crypto-friendly baking services to exchange and digital asset firms.

They also hold expertise in risk management. They have their own coins, known as JPM coins, which can be used for cross-border payments.

They also provide top quality research insights of the crypto market helping their clients in making informed decisions.

9. Quontic

Quontic is another bank that is known for working with other crypto and fintech companies. Quontic is now offering Bitcoin debit card purchases, on which you can earn up to 1.5% of your earnings.

It offers a Bitcoin rewards checking account with cashback on all purchases. They offer a wide variety of banking services. Overall, Quontic is a trusted and reliable bank.

10. Juno

Juno is another digital banking platform. It is crypto-friendly, and it is made for people who are into blockchain and crypto space. With Juno, you can easily manage all your cash and crypto transactions in one place.

It offers up to 10% cashback when you spend with its cryptocurrency cards. Also, they offer 5% cashback on their debit card purchases. You can receive part of your paychecks in crypto with Juno, for example, 50% in Bitcoin and 50% in cash.

Customers can get crypto-backed loans with Juno. Overall, it is a reliable and really good option for you to choose for your next crypto transaction.

These were some of the best crypto-friendly banks that you can go for to avail your banking services with them. They are trusted and reliable.

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