7 Best Crypto-Friendly Banks for 2025
Written by
Rudri Patel
Edited by
Elizabeth Constantineau
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A crypto-friendly bank is one that supports your ability to buy, sell and hold cryptocurrency — often alongside traditional banking services. While no U.S. bank has fully integrated crypto and fiat currency management just yet, some institutions have taken meaningful steps in that direction. If you’re looking for a more seamless way to manage both your dollars and digital assets, these seven crypto-friendly banks are worth considering.
Quick Comparison: Top Crypto-Friendly Banks
Here is a quick look at seven crypto-friendly banks for 2025:
| Bank or Platform | Crypto Services | Best For | Monthly Fees | Notes |
|---|---|---|---|---|
| Revolut | In-app crypto trading | Mobile first, international users | Monthly fees range from $0 to $69 | -Instant crypto exchange -Wallets in multiple fiat currencies |
| Ally Bank | Integration with Coinbase for crypto transfers | U.S. users needing indirect crypto access | $0 | -No direct exchange -FDIC-insured |
| Cash App | Buy and sell bitcoin exclusively | Beginner bitcoin users | $0 | -FDIC-insured -Higher fees |
| Wirex | In-app trading and multi-currency wallets | Crypto spenders and reward seekers | Tiers from $0 to $60 | -Crypto debit cards -FX-free payments |
| Juno | In-app trading, smart treasury tools | Individuals wanting integrated fiat and crypto options | $0 to $9.99 | Option of crypto-backed loans |
| Monzo | Third-party crypto portfolio integration | UK users who want crypto exposure | Up to $50 | No direct trading |
| Goldman Sachs | Institutional crypto trading | Institutional clients | Varies | Large scale crypto exposure |
7 Best Crypto-Friendly Banks in 2025
1. Revolut
Best for: Frequent travelers and casual crypto users
Key Features
- Offers crypto trading through its mobile app
- Buy, sell or hold over 200 cryptocurrencies
- Blends crypto and fiat banking
Fees
- Fees are based on volume and trades. To find out more about fees and plans, go to the Revolut site directly.
Pros
- User-friendly interface
- Strong security
Cons
- Extra charges on the weekend
- Crypto fees are high
2. Ally Bank
Best for: Beginning investors who want indirect exposure to crypto
Key Features
- Full-service bank that supports integrated checking, savings and loans
- No direct crypto trading
- Beginner-friendly option
- No support for external crypto wallet transfers
Fees
- Bank fees: $0
- Investment fees: 0.85% advisory, 0.30% robo portfolios
Pros
- Free, high-yield bank accounts
- Low and no-fee investing
- No minimum for self-directed trading
Cons
- No crypto trading or transfers
- No spot crypto investments
3. Cash App
Best for: Beginners who want a low-barrier way to buy and hold bitcoin
Key Features
- In-app bitcoin buying, selling and transferring
- $1 minimum purchase for easy access
- Secure bitcoin storage, mostly held in cold storage
Fees
- Network fees for non-lightning transfers
- Exchange fees are from 3% to 0.75%, based on trade size
- Possible spread of up to 1%
Pros
- Free app with basic banking features
- In-app bitcoin trading and transfers
- Free lightning network transfers
Cons
- Cryptos limited to bitcoin
4. Wirex
Best for: Everyday crypto users making real-world purchases
Key Features
- Block-chained transactions
- Supports over 40 cryptocurrencies
- Seamless fiat and cryptocurrency integration
Fees
- Exchange fees for exchanging currencies. They vary, and you view them in the app.
- Transfer fees based on crypto network
- 2% ATM fee after $250 withdrawal per month
- $9.99 per month for a premium plan with additional perks
Pros
- Free basic accounts
- Spend crypto online and in-store
- Advanced trading capabilities
Cons
- No insurance protections
- Steep learning curve
5. Juno
Best for: Users seeking integrated high-yield checking and crypto trading in a single app
Key Features
- Built-in crypto wallet for buying, selling, sending and withdrawing funds
- Instantly transfer to external wallets
- In-app chat and live support during business hours
Fees
- Small service fee for external wallet transfers
- Fee amount varies by asset
Pros
- Seamless crypto and fiat integration
- Fast crypto access
- Crypto purchase rewards
Cons
- Limited selection
- Funding fees
6. Monzo
Best for: UK investors who want fast, free transfers
Key Features
- Crypto-friendly banking
- Can track crypto holdings
- Fast, transparent transfers
Fees
- No transfer fees
- Limitation on transfer amount per 30-day period
- Exchange platform fees vary by provider
Pros
- Auto-sync balances with transactions and exchanges
- Real-time notifications
- User-friendly
Cons
- No crypto buying or holding
- UK-only access with limited U.S. features
7. Goldman Sachs
Best for: Institutional investors
Key Features
- Institutional crypto trading desk
- Developing a blockchain trading infrastructure
- Major investments in crypto firms
Fees
- Fees are tailored to institutional clients — based on volume, asset types and service agreements; no public fee disclosure.
Pros
- Tailored services for large-scale investors
- Backed by Goldman’s compliance
Cons
- Services are focused on institutional clients
- Limited direct crypto ownership
What To Look for in a Crypto Bank
- FDIC-insured: Look for FDIC insurance or equivalent protection for your fiat funds.
- Low fees: You want to make sure your crypto bank is transparent about fees.
- Security features: Prioritize banks that have cybersecurity protocols, two-factor authentication (2FA) and cold storage for crypto.
- User-friendly platform: You want a platform that is easy to navigate.
- Regulatory compliance: Choose a bank that has regulatory oversight.
Pros and Cons of Crypto Banks
To find out if banking with an institution like this makes sense for you, take a look at the key pros and cons below.
| Feature | Pros | Cons |
|---|---|---|
| Interest earnings | You could get high yields at crypto banks | Rates may fluctuate and do not have guaranteed rates of traditional banking |
| Crypto-fiat integration | Conversion between crypto to fiat currency is easy | May have high fees and limited withdrawals |
| Accessibility | Great for digital savvy users | Not all platforms operate globally |
| Security | Strong encryption and cold storage | Platforms still can be hacked |
| Regulation | Some licensed as digital asset custodians | Not FDIC or NCUA insured |
| Speed of transactions | Faster than bank wires | Network congestion and crypto chain delays can cause slowdowns |
| Customer support | Some offer live chat | Some banks do not offer live service or have limited support |
The Future of Crypto Banking
The use of stablecoins, regulation and DeFi integration is shaping the crypto banks. Stablecoins, a type of cryptocurrency that is pegged to a fiat currency like the dollar, euro or gold, are becoming more popular in traditional banks.
Stablecoins aim to prevent large trade swings. Banks are exploring issuing their own “bank-backed” stablecoins. Regulatory frameworks are being introduced to legislate how banks can hold, issue and settle stablecoins.
You can expect to see more international and national bodies regulating cryptocurrency. More crypto banks will pursue national charters and expect regulations to encourage innovation and protect investors.
More banks are also integrating DeFi tools like lending protocols, staking and tokenized assets. This effort is to make crypto banking more efficient and transparent, while allowing for global inclusion.
Crypto-Friendly Banks FAQ
Learn more about crypto and banking with these frequently asked questions.- Which bank is the most crypto-friendly?
- Juno, Revolut and Ally Bank are known to be highly crypto-friendly. They offer seamless integration with crypto platforms.
- Which bank account is best for crypto trading?
- Accounts from Juno or Cash App with a linked bank offer direct crypto trading features and fast transfer speeds for exchanges.
- Does Bank of America accept crypto?
- Bank of America does not allow for crypto purchases. At Bank of America, you can transfer funds to crypto exchanges like Coinbase or Kraken.
- What are the risks of banking with a crypto-friendly bank?
- There is limited FDIC insurance protection of crypto assets, limited regulatory scrutiny and market volatility.
Daria Uhlig contributed to the reporting for this article.
Data is accurate as of July 18, 2025, and is subject to change.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
