Cryptocurrency Investing Made Simple

Coming August 24

Cryptocurrency investing will be available to eligible COPFCU members beginning August 24.

Access Cryptocurrency Through COPFCU Digital Banking

COPFCU has partnered with InvestiFi®* to provide eligible members with access to cryptocurrency investing. Whether you’re new to cryptocurrency or already familiar with digital assets, you can buy, sell, and manage supported cryptocurrencies from the digital banking experience you already know.

Even better, it’s all in the same place you currently manage your money — COPFCU Online and Mobile Banking.

Available August 24

Cryptocurrency investing through COPFCU Digital Banking

Why Invest in Crypto Through COPFCU?

Invest Where You Already Bank. Buy and sell supported cryptocurrencies from the digital banking experience you already use.
No New Apps or Logins. No separate investing app to download. Access cryptocurrency investing from within your existing digital banking experience.
Straightforward Pricing. Applicable transaction fees are displayed before you confirm your trade.
Easy Funding. Fund cryptocurrency purchases directly from your COPFCU checking account.

Available Cryptocurrencies

Eligible COPFCU members can buy and sell the following supported cryptocurrencies directly through COPFCU Online Banking and the Mobile App.

Bitcoin (BTC)

Ethereum (ETH)

Solana (SOL)

Ripple (XRP)

Cardano (ADA)

Dogecoin (DOGE)

USD Coin (USDC)

Tether (USDT)

Cryptocurrency Trading Fees

Applicable transaction fees are displayed before you confirm your purchase.

Purchase Amount	Transaction Fee
Minimum Transaction Fee	$0.99
$6.00 – $1,000	2.99%
$1,000.01 – $5,000	1.75%
$5,000.01 – $10,000	1.49%
$10,000.01+	1.00%

Ready to Get Started?

Access cryptocurrency investing from within COPFCU Online Banking and the Mobile App.

Available August 24

Explore Stocks & ETFs

Buy, sell, and manage stocks and Exchange-Traded Funds (ETFs) from within COPFCU Online Banking and the Mobile App. Build your investment portfolio using funds from your COPFCU checking account—all without the hassle of third-party transfers.

Learn More

FAQs:

What is cryptocurrency?

Cryptocurrency (often referred to simply as “Crypto”) is a type of digital asset that operates independently of traditional banks and governments. While many investors view crypto as an opportunity for long-term growth, prices can change quickly, making it important to understand both the opportunities and the risks before investing.

Is cryptocurrency insured?

No. Cryptocurrency investments are not federally insured by the NCUA or FDIC, are not deposits or obligations of COPFCU, are not guaranteed by the credit union, and may lose value.

Can anyone invest?

COPFCU account holders over the age of 18 and in good standing can buy, sell, or hold assets. Commercial accounts and trust accounts are not supported. Account holders residing in TX, ID, or NY are unable to trade.

Which cryptocurrencies are available?

You can currently buy and sell:

Bitcoin (BTC)
Ethereum (ETH)
Solana (SOL)
Ripple (XRP)
Cardano (ADA)
Dogecoin (DOGE)
USD Coin (USDC)
Tether (USDT)

Available cryptocurrencies may change over time.

Can cryptocurrency lose value?

Yes, just like any investment product, cryptocurrency can lose or gain value over time. Cryptocurrencies are volatile and unpredictable, meaning that their prices can increase or decrease quickly and without warning.

Many factors affect a cryptocurrency’s value, including supply and demand, regulation, hacking, competition, innovation and market sentiment. You should only invest in cryptocurrencies if you are aware of the risks and are willing to accept the potential losses.

Is cryptocurrency taxable?

Yes, cryptocurrency is subject to taxation, just like any other investment asset. COPFCU cannot provide tax advice, so we recommend consulting a qualified tax professional regarding your situation.

Are there any trading fees?

Yes. There is a $0.99 minimum fee per trade, with a fee range of 1.00% – 2.99% per trade depending on the dollar amount of the transaction. You will be shown the amount of the trading fee before you confirm the trade.

Can I send or receive cryptocurrency from another wallet?

No. At this time, you can only buy and sell digital currency within the platform. External transfers (sending funds to or receiving funds from another wallet) are not availabile.

Can COPFCU provide investment advice?

No. COPFCU employees cannot recommend specific cryptocurrencies or provide investment advice. We encourage members to carefully research investments and consider consulting a qualified financial professional before investing.

What is the relationship between COPFCU and InvestiFi?

COPFCU has partnered with InvestiFi to integrate its digital investing platform into digital banking (online banking and mobile apps). This allows you to access InvestiFi’s learning and investing tools directly from within your banking interface and to invest directly from your checking account without having to transfer money to a third-party app.

Important Legal Disclaimer

Digital assets (cryptocurrencies) are made available and held in a digital asset wallet operated by BitGo Bank & Trust, National Association (N.A.) (“BitGo”), not Cincinnati Ohio Police Federal Credit Union (COPFCU), InvestiFi, or its affiliates. BitGo is a separate entity from, and not an affiliate of, COPFCU or InvestiFi. Digital assets are (1) not federally or privately insured; (2) not obligations of COPFCU or BitGo; (3) not guaranteed by COPFCU or BitGo; (4) heavily speculative and volatile; (5) may have associated fees; (6) may not allow member recourse; and (7) by a third party. COPFCU may receive compensation from your purchase of digital assets. Digital assets (i.e., cryptocurrencies) held in your digital asset wallet operated by BitGo (i.e. Crypto ) are not insured by any government or private entities, including, but not limited to, NCUA or ASI/ESI. Your digital investing does not support wallet-to-wallet transferring of your digital assets (i.e. Cryptocurrencies). You should carefully consider whether buying or holding digital assets is suitable for you, given your financial situation. Digital assets are not obligations of COPFCU or BitGo and are not guaranteed by COPFCU or BitGo.

Investment advisory services provided by AdvisiFi, LLC (“AdvisiFi”), an investment adviser registered with the Securities and Exchange Commission (“SEC”). Registration does not imply a certain level of skill or training. AdvisiFi is a wholly-owned subsidiary of InvestiFi Inc (“InvestiFi”). Brokerage services are provided by InvestiFi Securities LLC (“InvestiFi Securities”) and RQD* Clearing LLC (“RQD”), SEC-registered broker-dealers and members of FINRA/SIPC. Brokerage services are available only to residents of the United States and in jurisdictions where InvestiFi Securities is registered. Brokerage and advisory accounts are not held with the financial institution and are held with AdvisiFi, InvestiFi Securities, and RQD, respectively. You may check the background of these firms by visiting FINRA’s BrokerCheck. Cash and securities offered by InvestiFi Securities and held by RQD are (1) not insured by the FDIC, NCUA or other government agency, or by any private insurance offered in lieu of FDIC or NCUA coverage, (2) not guaranteed, (3) not financial institution deposits or obligations, and (4) may lose value.