How to Buy Bitcoin & Crypto with First Republic Bank

Through CEX.IO, you can buy Bitcoin with First Republic Bank debit or credit cards instantly and securely, without waiting for wire transfers or ACH processing. Following its 2023 acquisition by JPMorgan Chase, First Republic customers now use Chase’s card network and infrastructure for smooth and compliant transactions. 

Once verified, your purchased assets are stored safely in your CEX.IO Wallet, ready to manage anytime.

With CEX.IO’s beginner-friendly tools, you can not only buy but also trade Bitcoin and hundreds of other supported cryptocurrencies in one place. Whether you’re on desktop or mobile, CEX.IO offers a fast, regulated, and secure way to access the crypto market and buy Bitcoin with JPMorgan bank cards.

What is First Republic Bank?

First Republic Bank was a U.S. private bank and wealth management company founded in 1985, known for its personalized banking services and high-net-worth clientele. In May 2023, following financial instability, the Federal Deposit Insurance Corporation (FDIC) placed the bank into receivership, after which JPMorgan Chase acquired all of its deposits and most of its assets.

Today, First Republic operates fully under JPMorgan Chase’s network, meaning customers now use Chase-issued debit and credit cards and follow JPMorgan’s compliance and transaction standards.

For crypto-related activity, eligible users can link their First Republic Bank debit or credit cards (now JPMorgan) to CEX.IO to buy Bitcoin and other digital assets instantly. However, ACH transfers and wire payments are not supported for U.S.-based users on CEX.IO due to regulatory and settlement requirements. Card payments remain the fastest and most secure purchase method.

How to buy crypto with First Republic Bank on CEX.IO?

Since First Republic Bank now operates under JPMorgan Chase, customers can use the same streamlined process for Chase cards when buying crypto on CEX.IO. Whether you’re using a First Republic Bank credit card or debit card, the setup is simple, secure, and fully compliant with U.S. financial regulations.

CEX.IO enables users to buy Bitcoin with First Republic Bank instantly through Instant Buy. After registering and verifying your account, you can link your card, choose your desired cryptocurrency, and complete the purchase in just a few clicks. The process mirrors that of JPMorgan customers, offering the same level of transaction speed, protection, and convenience for all cardholders.

1. Register an Account

Open the CEX.IO App or go to the CEX.IO website and click Register. Enter your email, set a password, and choose your country of residence. After accepting the Terms of Use, check your inbox for the confirmation email and verify your address by clicking the link.

Once your email is confirmed, your account is officially created and ready for verification.

2. Verify Your Identity

To comply with KYC and AML standards, verify your identity in the CEX.IO App. Log in, go to Profile, then Verification, and select Start Verification.

Provide your personal information, upload a valid ID document (passport, national ID, or driver’s license), and complete a short facial recognition scan.

When approved, you’ll gain access to crypto deposits, purchases, and withdrawals directly through your account.

3. Access Instant Buy

After completing verification, sign in to your CEX.IO account through the website. From the top menu, navigate to Buy Cryptocurrency to enter the Instant Buy interface. This will allow you to buy crypto with a First Republic Bank card, credit, or debit; it’s up to you to choose the most convenient gateway. 

Select USD as your chosen currency, then specify the amount of fiat you wish to spend. Next, choose your desired digital asset, such as BTC, from the dropdown list or type it into the search bar.

Click Buy Crypto Instantly to continue. You’ll be taken to the Add Funds page, where you can select your preferred payment method, finalize your transaction, and complete the purchase in just a few seconds.

4. Add a Payment Method

On the Add Funds page, confirm that the selected cryptocurrency, fiat currency, and purchase amount are correct. You can adjust the amount manually or use one of the recommended presets.

Under Select Payment Method, choose Credit/Debit Card, then enter your payment details to become eligible to buy crypto with a First Republic Bank (now JPMorgan) card. This includes the card number, expiration date, and CVV. To simplify future payments, click Add Card to securely store this information.

Once everything looks right, review your financial details one last time. When ready, click Confirm Purchase to securely process the payment, following the same steps as any typical online transaction.

5. Receive BTC in Your Wallet

After confirming the transaction, your purchased BTC will be credited to your CEX.IO account. In most cases, the funds appear within seconds, although timing may depend on your bank’s processing speed and confirmation requirements.

Popular Ways to Deposit from First Republic Bank to CEX.IO

Following its transition under JPMorgan Chase, First Republic Bank customers can now use Chase’s card network and infrastructure to fund their crypto purchases on CEX.IO. Just like JPMorgan users, most prefer using credit or debit cards for their simplicity, instant settlement, and added payment security. This method allows for near-immediate processing, making it the most intuitive and efficient way to buy crypto directly.

For those who prefer not to share card details, CEX.IO also supports Google Pay, Apple Pay, and PayPal (for U.S.-based customers). These digital payment solutions let users link their First Republic Bank cards securely and complete transactions in seconds. Both the CEX.IO App and desktop platform support these methods, with desktop users able to scan a QR code on iOS devices to initiate and confirm their payment seamlessly.

Although ACH Bank transfers remain a common way to move funds between accounts, they are not supported on CEX.IO for U.S.-based users due to settlement delays and regulatory limits. 

In contrast, card-based and e-wallet payments provide instant confirmation, stronger protection against transaction errors, and smoother integration with the CEX.IO ecosystem, ensuring a faster and safer experience for crypto purchases.

What are First Republic Bank Fees and Limits?

Following its acquisition by JPMorgan Chase, First Republic Bank customers now fall under JPMorgan’s fee and limit structure. This includes standard retail and private banking rates that depend on account type and activity level.

Typical JPMorgan fees include:

• Monthly service fee: $12 (waived with $500+ in electronic deposits or $1,500+ daily balance).
• Outgoing domestic wire: $25; international wire: $40 (USD) or $5 (foreign currency).
• Non-Chase ATM withdrawals: $3 domestically, $5 internationally (plus third-party fees).

When using CEX.IO, U.S.-based customers can buy crypto exclusively with credit or debit cards, as ACH and wire transfers are not supported. Card deposits start at $20, with fees ranging from 0.49% to 4.99% depending on transaction size and currency.

Digital wallets like Google Pay, Apple Pay, and PayPal (for eligible U.S. customers only) provide fast and secure alternatives. Deposit limits range from $20 to $1,000 per transaction, while withdrawals can reach up to $10,000 daily through PayPal. Each carries a 3.99% + $5 service charge, making them a convenient and flexible choice for users who prefer contactless or wallet-based crypto payments via CEX.IO.

First Republic Bank Cryptocurrency Policy

Following its acquisition by JPMorgan Chase, the former First Republic Bank now operates under JPMorgan’s digital asset framework. This means that any cryptocurrency-related activity, including compliance, custody, and transaction handling, adheres to JPMorgan’s regulated institutional standards.

JPMorgan has taken a balanced approach to digital assets, acknowledging their growing importance while maintaining strict risk and compliance oversight. In 2025, the bank began piloting a program that allows institutional clients to use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans, a milestone that integrates crypto into traditional finance under a fully regulated model. The program relies on third-party custodians to hold pledged assets, ensuring transparency and separation of risk exposure.

However, CEX.IO does not support ACH transfers or wire payments for crypto purchases. U.S.-based customers, including those banking with First Republic (now part of JPMorgan), can instead buy crypto instantly using debit or credit cards, ensuring faster settlements and enhanced payment security.

By linking their First Republic or JPMorgan cards to CEX.IO, users can buy crypto instantly, including Bitcoin, Ethereum, and 300+ other supported assets, while keeping transactions compliant with U.S. financial regulations.