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How to Buy Bitcoin (in 2 minutes) - 2024 UpdatedBank of America: Does not permit crypto purchases with any of its credit cards Reports show that Citibank, for example, blocked cardholders. Yes, Bank of America customers can buy Bitcoin, but not directly through the bank's services. Instead, the bank facilitates this by allowing. Bank of America, the second-largest bank in the U.S., has approved the trading of bitcoin futures for some clients, according to two people.