crypto friendly bank
The Toronto-Dominion Bank
Headquarters: Toronto, Canada • Founded: 1948
About The Toronto-Dominion Bank
The Toronto-Dominion Bank is ranked #24 in the list of largest global banks by assets under management. It serves retail and corporate clients worldwide, offering standard commercial banking, wealth management, and capital markets access. Regarding digital assets, its stance is crypto-friendly, offering integrations with major exchanges and custodians.
Regulations & Trust Profile
Banking License Type
commercial bank license
Licensed/Regulated By
Canada Central Bank
MiCA Compliant (EU)
No / N/A
Deposit Insurance
Canada Deposit Insurance (up to $100,000)
Supported Services & Assets
Fees & Pricing
Account Monthly Fee
$10/mo
Crypto Trading Fee
1.5%
Wire Transfer Fee
$15
Crypto Withdrawal Fee
$5
Pricing Notes: Crypto services may require external account linking.
Pros
- Huge liquidity
- Global network
- FDIC/local deposit protection
Cons
- Rigid traditional structure
- No direct custody of crypto assets
Frequently Asked Questions
Is The Toronto-Dominion Bank safe for crypto?
Yes, The Toronto-Dominion Bank is a regulated financial institution that allows crypto purchases and custody through integrated, licensed partner exchanges, offering a bridge between fiat and digital assets.
Is The Toronto-Dominion Bank FDIC insured?
Yes, standard cash deposits are insured under the Canada Deposit Insurance scheme up to $100,000 or local equivalents. However, government deposit insurance schemes do not cover cryptocurrency holdings.
Does The Toronto-Dominion Bank support business accounts?
Yes, The Toronto-Dominion Bank supports corporate and business accounts. Startup and business verification is subject to standard AML and company registration checks.
What countries does The Toronto-Dominion Bank operate in?
The Toronto-Dominion Bank operates primarily in Canada, and supports international clients from CA.
What are The Toronto-Dominion Bank's crypto fees?
Monthly account fees are $10. Crypto trading fees are 1.5%.
Can I send crypto directly from The Toronto-Dominion Bank?
No, The Toronto-Dominion Bank only supports fiat bank transfers and does not support on-chain cryptocurrency withdrawals.
Coverage
Target Audience
individual, business, institutional
Minimum Deposit
$100
Mobile Banking Apps
iOS, Android