Coinbase, Exchanges

Is Cross River Bank Coinbase?

Cross River Bank is a New Jersey state chartered bank that has been FDIC insured since August 11, 2006. The bank is headquartered in Fort Lee, New Jersey. As of June 30, 2017, Cross River Bank had total assets of $1.

43 billion and total deposits of $1.21 billion.

Cross River Bank has been a member of the Coinbase network since January of 2016. Coinbase is a digital currency exchange that allows customers to buy and sell cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

NOTE: No, Cross River Bank is not Coinbase. Coinbase is a digital currency exchange platform allowing users to trade cryptocurrencies such as Bitcoin, Ethereum, and more. Cross River Bank is a New Jersey-based FDIC-insured bank that provides banking products and services to businesses.

Cross River Bank provides Coinbase with banking services including ACH processing, wire transfers, and check deposits.

Coinbase is one of the most popular cryptocurrency exchanges and has been growing rapidly. As of December 2017, Coinbase had 13 million users and was processing $1 billion per day in transactions.

Cross River Bank has played an important role in facilitating Coinbase’s growth by providing reliable banking services.

While Cross River Bank is not a traditional “crypto” bank, it has become an important partner for Coinbase and other cryptocurrency companies. Cross River Bank’s experience with regulatory compliance and its willingness to work with cutting-edge companies has made it a go-to destination for crypto businesses.

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