SoFi has launched spot crypto trading, becoming the first nationally chartered U.S. bank to offer direct access to Bitcoin, Ethereum, Solana, and over 30 other coins within its app. This integration simplifies crypto buying for users managing banking and investments in one platform.
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SoFi’s crypto trading integrates seamlessly with its banking and investing services, eliminating the need for third-party exchanges.
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Users can trade major cryptocurrencies like BTC, ETH, and SOL directly in the app with bank-level security.
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The rollout starts state-by-state for U.S. consumers, with plans for wallet custody and staking features soon.
Discover how SoFi’s new crypto trading feature revolutionizes access to Bitcoin and Ethereum for everyday users. Start trading securely today and bridge traditional finance with digital assets.
What is SoFi Crypto Trading?
SoFi crypto trading represents a groundbreaking integration where the fintech giant enables users to buy, sell, and hold cryptocurrencies directly within its mobile app. Launched in November 2025, this service marks SoFi as the first nationally chartered U.S. bank to offer spot trading under its own charter, without relying on external partners. It covers Bitcoin, Ethereum, Solana, and up to 30 other popular coins, all managed alongside traditional banking and investment tools for a unified financial experience.
How Does SoFi’s Crypto Trading Integration Work?
SoFi’s approach to crypto trading integration prioritizes simplicity and trust. Users with existing SoFi accounts can access trading through a dedicated section in the app, linking seamlessly to their savings, stock portfolios, and credit services. The platform emphasizes “bank-level confidence,” featuring regulated custody and real-time pricing powered by institutional-grade infrastructure. According to SoFi’s official statement, this setup addresses consumer demand, with data indicating 60% of members prefer holding crypto through licensed banks rather than standalone exchanges.
Rollout begins with U.S. consumers on a state-by-state basis, starting with select regions to ensure compliance. Trading fees are competitive, starting at 1.25% for spot transactions, and the service supports instant transfers between crypto and fiat balances. Future expansions include staking options for assets like Ethereum and self-custody wallets, enhancing user control. This move aligns with broader industry trends, as reported by financial analysts at COINOTAG, where regulated institutions are accelerating crypto adoption to meet evolving client needs.
Expert commentary underscores the significance: “Blockchain technology will fundamentally change every aspect of finance by making money movement faster, cheaper, and safer,” stated SoFi CEO Anthony Noto. Supporting data from market trackers shows that integrated platforms like SoFi could capture 20-30% of retail crypto flows within two years, drawing from surveys by financial research firms.
Frequently Asked Questions
Is SoFi Crypto Trading Available in All U.S. States?
SoFi’s spot crypto trading launches on a state-by-state basis for U.S. residents, prioritizing compliance with local regulations. Initially available in over 40 states, full nationwide access is expected by mid-2026, with updates provided via the app. This phased approach ensures secure, licensed operations under SoFi’s national bank charter.
What Cryptocurrencies Can I Trade on SoFi?
On SoFi, you can trade Bitcoin, Ethereum, Solana, and more than 30 other leading coins right from your app. It’s designed for easy access, letting you buy with your bank balance or sell to fund investments—perfect for managing your portfolio on the go with trusted, bank-backed security.
Key Takeaways
- Seamless Access Boosts Adoption: SoFi’s in-app trading removes barriers, allowing millions of users to enter crypto without switching platforms.
- Regulatory Legitimacy Grows: As a chartered bank, SoFi normalizes crypto, potentially influencing other institutions to follow suit.
- Competition Heats Up: Traditional exchanges face pressure from user-friendly fintechs, driving innovation in fees and features.
Conclusion
SoFi’s launch of crypto trading and its integration with everyday banking marks a pivotal shift toward mainstream digital asset adoption. By offering secure access to Bitcoin, Ethereum, and beyond under a regulated framework, SoFi addresses key consumer concerns around trust and convenience. As more banks explore blockchain, expect accelerated convergence of traditional and crypto finance, empowering users to invest smarter. Stay ahead by exploring these tools today for a more integrated financial future.
Broader crypto markets showed resilience amid these developments. Bitcoin rebounded to $105,000 following a mid-week dip, while Ethereum held steady at $3,550. Top performers included CC with a 30% gain and SKY at 15%, per market data from various trackers. Funding news highlighted Lighter’s $68 million raise at a $1.5 billion valuation, backed by investors like Founders Fund and Ribbit Capital.
Winklevoss Capital’s involvement in a new Zcash data availability tool, seeded with $50 million in ZEC, signals continued institutional interest in privacy-focused assets. Circle exceeded Q3 earnings expectations and is considering an ARC token for its stablecoin ecosystem, as noted in company disclosures. JPMorgan expanded its blockchain offerings with the JPM Coin deposit token on the Base network, targeting institutional clients.
In ETF developments, Canary Funds prepared for an XRP exchange-traded fund launch, filing necessary forms for market entry. Memecoin activity remained volatile, with DOGE down 1% and PEPE up 1%, while on-chain movers like TIBBIR surged 17% after social media buzz from Robinhood’s CEO. Protocol updates included Injective’s native EVM mainnet and Perpl’s testnet for on-chain perpetuals on Monad.
NFT markets were mixed, with CryptoPunks steady at 35 ETH and Bored Ape Yacht Club up 1% to 6.49 ETH. These trends, combined with SoFi’s milestone, illustrate a maturing crypto landscape where accessibility and regulation drive growth. Financial experts from outlets like COINOTAG emphasize that such integrations could onboard the next wave of users, solidifying crypto’s role in global finance.
