Cryptocurrency

CRYPTO DEPOSITS INTO A FIAT BANK ACCOUNT? It's possible with Xapo Bank.

Illustration

We are excited to be the first (and currently only) bank in the world that supports the use of crypto to deposit directly into a fiat account. 

Xapo members can deposit USDC into their account, which is converted to USD on a 1:1 basis the moment it is received. This gives them immediate access to the dollars in their Xapo account. This fast, convenient and secure service is delivered free of any charges.

This is the latest in a string of industry firsts from Xapo, driven by our belief that digital money can change the world. With our transformation in 2021, we are the first to offer both a US Dollar bank account and a Bitcoin account side by side in the same app, effectively bridging the gap between traditional banking and cryptocurrency. 

Before that, Xapo was the first institutional Bitcoin Custodian in the world - at one point, we safely held over 800,000 Bitcoin for family offices, funds and high net worth individuals. We eventually sold our institutional business to Coinbase, however, our expertise and infrastructure remain in place to protect our members' wealth.

When you become a Xapo Bank member, you enjoy the peace of mind that comes from knowing that your Bitcoins are safe, despite all the tumult in the markets.

We are excited at what the future holds and will continue to innovate, so that our members can build wealth and seamlessly transact with both crypto and fiat.

Disclaimer

This article is for general information purposes only and is not intended to constitute legal or other professional advice or a recommendation of any kind whatsoever and should not be relied upon or treated as a substitute for specific advice relevant to particular circumstances. We make no warranties, representations or undertakings about any of the content of this article (including, without limitation, as to the quality, accuracy, completeness or fitness for any particular purpose of such content), or any content of any other material referred to or accessed by hyperlinks through this article. We make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up-to-date.

Share article
A woman's hand on the sea backgroundA woman's hand on the sea background

Join the Bank of the Future