5 Best Crypto-Friendly Banks You Need to Know About in 2026

Crypto has gone mainstream. According to Crypto.com’s Market Sizing Report, global cryptocurrency ownership reached 741 million people in 2025 — up 12.4% from 659 million a year earlier — with roughly 365 million Bitcoin holders and 175 million Ethereum holders. As more of everyday money touches digital assets, people increasingly want one place to hold cash and crypto, spend from a card, and move funds between an exchange and their bank without friction.

That is what a “crypto-friendly bank” tries to solve. In this guide we rank the five best crypto-friendly banks and neobanks for 2026, explain exactly how each one handles crypto (some let you trade inside the app; others simply don’t block transfers to exchanges), and — because KayaToday readers are mostly in Malaysia and Singapore — we add a dedicated section on how to bank crypto safely from this region, where none of these five are fully available. The landscape shifted a lot in 2025–2026: Juno shut down its crypto platform on 30 September 2025, and Wirex withdrew crypto features from its Classic app in the EEA and Australia on 30 June 2026, so a straight copy of last year’s list would send you to dead ends.

What Makes a Bank “Crypto-Friendly”?

Not every bank on a “crypto-friendly” list actually lets you buy Bitcoin. It helps to split them into two groups:

• Direct-crypto banks/neobanks: You can buy, sell and hold crypto inside the app (Revolut, SoFi, Wirex). Convenient, but you usually don’t control the private keys — the provider custodies your coins.
• Crypto-adjacent banks: They don’t offer crypto trading, but they happily let you link your account to a licensed exchange and won’t freeze normal exchange transfers (Ally, Monzo). Good for cash management around trading; you do the actual buying elsewhere.

Beyond that, the features that separate a genuinely useful crypto-friendly bank from a marketing label are: smooth ACH/faster-payment transfers to exchanges, a debit or credit card you can fund from crypto or cashback in crypto, transparent fees, strong security (2FA, card freeze, segregated custody), and clear regulatory standing in your country. Remember one hard limit: deposit insurance (FDIC in the US, or its equivalents) covers your fiat cash, never your crypto.

Overview: Top 5 Crypto-Friendly Banks for 2026

Fees and availability verified August 2026 — always confirm the current terms on the provider’s own site, as crypto features change region by region.

Top 5 Crypto-Friendly Banks

1. Revolut — best all-round crypto neobank

Revolut remains the most complete package: everyday banking, multi-currency accounts, stock investing and crypto in one app, available across the UK, EEA, US and parts of Asia including Singapore. You can buy, sell and hold more than 100 cryptocurrencies, plus themed “crypto baskets” that bundle tokens by sector. In 2024 Revolut launched Revolut X, a standalone exchange for active traders with dramatically lower fees.

The catch is cost. In the main app, a Standard user pays around 1.49% per crypto trade (under £10k monthly volume) — fine for the occasional buy, expensive if you trade often. If you’re active, Revolut X charges roughly 0% maker / 0.09% taker, which is competitive with dedicated exchanges. Availability of crypto varies by country, so check what’s enabled in your region before relying on it.

Key Features

• Wide selection: 100+ cryptocurrencies plus sector “baskets”.
• Two-tier fees: Simple in-app buys, or Revolut X for low-cost active trading.
• Everyday banking: Multi-currency card, fee-friendly FX, savings and stocks.
• Controls: Instant card freeze, price alerts, stop/limit orders.

Pros & Cons

Pros: All-in-one app; strong FX; genuine low-cost trading via Revolut X; broad availability. Cons: In-app trading fees are high; best perks need a paid plan; crypto menu varies by country; you don’t hold your own keys.

2. SoFi — the first US bank to trade crypto in-app

This is the biggest change to the list for 2026. In November 2025, SoFi became the first and only nationally chartered US bank to launch consumer crypto trading directly inside its banking app. Members can buy, sell and hold Bitcoin, Ethereum, Solana and roughly 25 other tokens straight from a SoFi checking or savings account — no separate exchange required. SoFi had offered crypto before but exited in 2023 while pursuing its bank charter; the relaunch pairs trading with full US bank regulation, which is a meaningful trust signal after the exchange failures of recent years.

SoFi is US-only, and pricing is spread-based rather than a headline percentage fee, so compare the buy/sell spread against a dedicated exchange for larger orders. But for an American who wants their salary, savings, card and crypto under one regulated roof, it is now the standout choice.

Key Features

• Bank-native crypto: Buy BTC/ETH/SOL and 25+ tokens from your bank balance.
• Regulated: Nationally chartered US bank; FDIC-insured cash (not crypto).
• Full ecosystem: Checking, savings, loans, investing and credit cards in one app.

Pros & Cons

Pros: Rare bank-grade regulatory standing for in-app crypto; seamless funding; broad product suite. Cons: US residents only; spread-based pricing can beat or trail an exchange depending on size; token list narrower than a pure exchange.

3. Ally Bank — best crypto-adjacent US bank

Ally doesn’t let you hold Bitcoin directly, but it is one of the easiest US banks to use around crypto. You can link your Ally account to exchanges like Coinbase and move USD without your transfers being blocked, and through Ally Invest you can get regulated crypto exposure via spot Bitcoin ETFs (e.g. IBIT, FBTC), futures ETFs (BITO) and trusts (GBTC) inside a normal brokerage account. Ally also remains a strong everyday bank: no monthly fees, 24/7 support and a competitive savings APY (around 3.5% at the time of writing — confirm the current rate).

Just remember the ETF route means you own a fund, not the coins — you can’t withdraw actual crypto to a self-custody wallet. FDIC insurance up to $250,000 protects your cash, not any crypto exposure.

Key Features

• Exchange-friendly: Link to Coinbase and other licensed exchanges with no friction.
• Regulated exposure: Buy spot/futures Bitcoin ETFs and trusts via Ally Invest.
• Solid banking: No monthly fees, competitive APY, 24/7 support.

Pros & Cons

Pros: Reliable, low-fee US bank; clean path to crypto exchanges and crypto ETFs. Cons: No direct crypto trading or withdrawal; US-only; no physical branches.

4. Monzo — best crypto-adjacent UK neobank

Monzo is a popular UK challenger bank that doesn’t sell crypto itself but plays nicely with the ecosystem. You can connect Monzo to reputable, FCA-registered exchanges such as Coinbase to fund your trading, see all your accounts in one place, and benefit from instant spending notifications and fee-free everyday banking. In line with UK Financial Conduct Authority rules, Monzo may block or warn on payments to exchanges it deems higher-risk (Binance has historically been restricted for UK users), which is a safety feature rather than a bug.

If you’re in the UK and want a clean, well-designed current account that lets you top up a licensed exchange without hassle — while keeping strong fraud controls — Monzo is a sensible base.

Key Features

• Exchange connections: Fund FCA-registered exchanges like Coinbase easily.
• Unified view: See linked accounts and spending in one app.
• Low friction: No monthly fees, instant notifications, savings “pots”.

Pros & Cons

Pros: Excellent app; free everyday banking; safe rails to reputable exchanges. Cons: No in-app crypto; UK-focused; may restrict payments to some exchanges under FCA rules.

5. Wirex — crypto card, but check your region

Wirex pioneered the crypto debit card — spend crypto or fiat anywhere Visa is accepted and earn up to ~8% in Cryptoback rewards on the top Elite tier. It still supports buying, storing and spending a range of tokens through its newer Wirex One app. The important 2026 caveat: Wirex removed crypto features (deposits, withdrawals, exchanges, card spending from crypto and Cryptoback) from its older “Classic” app for users in the EEA and Australia on 30 June 2026, pushing them toward Wirex One. If you’re in those regions, confirm exactly which app and which features are available to you before relying on it.

Treated as a crypto-spending card rather than a full bank, Wirex is still useful — but its shrinking regional coverage is why it now sits at the bottom of the list rather than the top. As always, only keep spending-money on any custodial card; store long-term holdings in your own wallet.

Key Features

• Crypto Visa card: Spend crypto/fiat globally; up to ~8% Cryptoback (Elite).
• Multi-asset: Buy, store and exchange a range of tokens via Wirex One.
• Travel-friendly: Multi-currency spending with competitive FX.

Pros & Cons

Pros: Strong card rewards; global Visa acceptance; good for spending crypto. Cons: Crypto features withdrawn from the Classic app in EEA/Australia (Jun 2026); coverage varies; custodial — not for long-term storage.

How to Choose the Right Crypto-Friendly Bank

Match the bank to what you actually need rather than the longest feature list:

Two rules apply to all of them. First, a custodial bank or neobank holds your keys — great for convenience, but keep only spending or trading money there and move long-term holdings to a cold storage wallet you control. Second, check availability for your exact country: crypto features are switched on and off region by region, as the Juno closure and Wirex EEA/Australia change both show.

Crypto-Friendly Banking in Malaysia & Singapore

Here’s the honest picture for KayaToday readers: none of the five banks above offer full crypto services in Malaysia, and coverage in Singapore is limited. Traditional Malaysian and Singaporean banks are not “crypto-friendly” in the trading sense — but you can still bank crypto safely by pairing your normal bank account with a licensed local platform.

Malaysia

In Malaysia, buying and selling crypto is legal only through a Securities Commission (SC) registered Digital Asset Exchange (DAX). As of the SC’s list (updated 20 July 2026), the registered DAX operators are Luno, HATA, MX Global, SINEGY and Kinetic DAX. The workflow is simple: fund the exchange from your bank via DuitNow/online transfer, buy your crypto, then withdraw to your own wallet. Global apps like Binance and OKX are not SC-registered for Malaysia and appear on the SC’s Investor Alert List, so stick to the registered five. Some banks may flag large or frequent crypto transfers for compliance checks — that’s normal AML screening, not a block. For tax, Malaysia has no general capital gains tax, but frequent, business-like trading can be taxed under LHDN’s “badges of trade”, so keep records. See our guide to the best crypto trading platforms in Malaysia for a deeper walkthrough.

Singapore

Singapore regulates crypto under the Monetary Authority of Singapore (MAS), which licenses Digital Payment Token service providers. MAS-licensed options include Coinhako, Independent Reserve, Crypto.com and Coinbase Singapore, and DBS offers institutional/accredited-investor access via its DBS Digital Exchange. Fund these from your bank using PayNow/FAST, then self-custody your long-term holdings. Revolut operates in Singapore, though its crypto menu differs from the UK/EEA, so confirm what’s enabled in-app. Singapore has no capital gains tax, but professional trading can be assessable under IRAS “badges of trade”.

Whichever region you’re in, treat the exchange as an on-ramp, not a vault — then cash out or store as needed. Our guide on how to cash out Bitcoin to your bank covers the return trip.

Challenges Crypto-Friendly Banks Still Face

The Juno and Wirex changes are reminders that this sector is still maturing. The recurring pressure points:

1. Regulatory shifts: Rules change fast and differ by country, so features get switched on or off — sometimes at short notice.
2. Banking-partner risk: Several neobanks depend on sponsor banks or custodians; when a partner fails (as with Juno’s), customer services can be disrupted.
3. Security & custody: Custodial platforms are targets; the run of exchange and bridge hacks in 2024–2025 keeps self-custody relevant for long-term holdings.
4. Cost & volatility: In-app trading fees can be high, and price swings make crypto balances unpredictable for spending.
5. Insurance gaps: Deposit insurance protects fiat, not crypto — a distinction many users still miss.

Pros and Cons of Crypto-Friendly Banks

Pros: One app for cash and crypto; easy transfers to and from exchanges; crypto debit/credit cards and cashback; regulated, familiar interfaces; quick conversion between crypto and fiat; useful for tax records and everyday banking.

Cons: Features vary by country and can be withdrawn; custodial (you rarely hold your own keys); in-app trading fees can be steep; crypto isn’t deposit-insured; accounts can be frozen for compliance; not all tokens supported.

Conclusion

For 2026, Revolut is the best all-round crypto-friendly neobank, SoFi is the breakthrough — the first nationally chartered US bank to offer crypto trading in-app — and Ally and Monzo are the cleanest crypto-adjacent options in the US and UK respectively, while Wirex remains a capable crypto card if it’s fully available in your region. The bigger lesson from Juno’s shutdown and Wirex’s EEA/Australia change is to verify availability and never keep long-term holdings on any custodial platform.

If you’re in Malaysia or Singapore, the practical path is a normal bank account plus a locally licensed exchange — SC-registered DAX in Malaysia, MAS-licensed providers in Singapore — with your core holdings in a wallet you control.

All figures verified August 2026. Crypto features change frequently and vary by country — always confirm current terms, fees and availability directly with the provider before opening an account.

Read also: Best Crypto Debit Cards: Spend Bitcoin & More with Ease and Best Cold Storage Wallets: Secure Your Crypto Assets.

Frequently Asked Questions (FAQs)

Disclaimer: This article is provided by KayaToday for informational purposes only and does not constitute financial advice. Cryptocurrency is volatile and crypto held at banks or neobanks is not deposit-insured. Always do your own research or consult a licensed financial advisor, and confirm current terms with each provider before opening an account or making any transaction.