Best banks for crypto

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Author: Admin | 2025-04-28

We may earn from vendors via affiliate links or sponsorships. This might affect product placement on our site, but not the content of our reviews. See our Terms of Use for details. The best crypto-friendly banks, such as Mercury, U.S. Bank, and Chase, allow seamless crypto transactions in licensed exchanges. Read our guide to learn more. Best overall crypto-friendly bank: Mercury Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust ®️; Members FDIC. Deposit insurance covers the failure of an insured bank. Best bank for institutional investors seeking a cryptocurrency custodian: U.S. Bank Member FDIC. Best for international-based firms with frequent transfers: Revolut Provider is a fintech platform, not a bank. It provides FDIC insurance and deposit services through a partnership with Community Federal Savings Bank (CFSB) and Sutton Bank. Best traditional bank with a blockchain platform: Chase Member FDIC. Best for UK-based companies: Monzo Member Financial Services Compensation Scheme (FSCS). Best for startups and venture capital investors: Silicon Valley Bank Member FDIC. As demand for digital assets rises, many financial institutions offer services like crypto custodianship or enable crypto purchases through bank accounts. However, they remain cautious about the risks of trading high-risk and volatile assets and will likely continue restricting crypto transactions to authorized, regulated exchanges for greater security and compliance. Here is a list of our six best crypto-friendly business banks.Best crypto-friendly banks quick comparisonThe table below reflects the top factors we evaluated for the five best crypto-friendly business banks. Our rating (out of 5)Charges monthly feesIssues free monthly transactionsAllows bank transfers to crypto exchangesHas in-app trading Mercury Business Checking4.34NoYes, unlimitedYesNo U.S. Bank Gold Business Checking4.32YesYesYesNo Revolut Basic Business Checking4.26NoYes Free and unlimited transactions between Revolut accounts YesYes, via Revolut X Chase Business Complete Banking4.24YesYesYesNo Monzo Business Lite4.16NoYesYesNo Silicon Valley Bank SVB Edge3.51No No monthly maintenance fee for the first three years, then $50 per month. Yes, unlimitedYesNo Mercury: Best overall crypto-friendly bank Our rating: 4.34 out of 5Image: MercuryCatering to crypto startups and web3 companies, Mercury is a fintech with a comprehensive understanding of blockchain-based firms. You can simplify your financial management with its advanced tech features, such as automated accounting, risk-management tools, and customizable user access. Its business banking solution includes a fee-free business checking account with unlimited transactions and no monthly fees.Learn if Mercury suits your company by reading our Mercury Bank

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