Varo Bank Accounts only store standard U.S. currency (dollars). However, you can use the money in your Varo Bank Account to fund a separate cryptocurrency account managed by a cryptocurrency provider. When you use money in your Varo Bank Account to fund a cryptocurrency account, the money will be taken as either:
- A normal card transaction (using your debit card number)
- A normal ACH transfer (using your routing and account numbers)
If the crypto provider you are working with uses Plaid, you can link the cryptocurrency account to your Varo Account in the Varo Bank App so that you can view the balance of your crypto account in your Varo Bank App. Click here for instructions on how to link an account. Keep in mind that because crypto providers aren’t bank accounts, you would need to initiate transfers with them in the crypto provider’s App or website.