zero fox

Trade Bitcoin.

Powered by NYDIG

A message from our bitcoin service partner, NYDIG.

It has been exciting working with Magnifi Financial on the launch of the bitcoin service. We greatly appreciate your participation. However, NYDIG has decided to discontinue offering the bitcoin service and NYDIG bitcoin trading is no longer offered via Digital Banking.



How It Works


Members can conveniently use their Magnifi Financial checking or savings accounts to fund bitcoin purchases in one connected and secure experience within digital banking.

computer and phone with bitcoin dashboard screenshots
  • 1

    Navigate Menu

    Click on "Transactions," then "Trade Crypto"

  • 2

    Terms & Conditions

    Review the terms and conditions carefully then click "Accept" to enroll

  • 3


    Begin purchasing and trading Bitcoin!



Our partner, NYDIG, maintains the highest security and compliance standards.


Enroll and start buying bitcoin in minutes.


Available in online banking and the mobile app.


Tax documents available when you need them.


Frequently Asked Questions


Bitcoin is a monetary system for storing and transmitting an asset of value and is the world’s largest and most recognized digital currency. Bitcoin is managed by its users and enables financial transactions on a peer-to-peer network basis.

Through our partner NYDIG, Magnifi Financial members have the option to buy, sell and hold bitcoin through digital banking as well as view current bitcoin balance through a user-friendly process.

When trading Bitcoin through Magnifi Financial digital banking, transactions are encrypted and equally as secure as other banking transactions.

No. The buying and selling of Bitcoin is not insured by NCUA.

At this time, Bitcoin is the only supported digital currency. Our partner, NYDIG, focuses on Bitcoin because it has a track record of security and has the greatest regulatory clarity of all digital assets.

The price is determined by the current market. Magnifi Financial does not set or determine pricing.


Bitcoin accounts and bitcoin balances are not federally-insured by NCUA, are not obligations of the Credit Union, are not guaranteed by the Credit Union, and do involve investment risk.

Bitcoin services are provided to you solely by NYDIG Execution LLC (“NYDIG”) upon opening an account with NYDIG. Bitcoin trading involves risks, including possible loss of value. Not insured by the NCUA or SIPC. See Terms at sign up for detail, including eligibility, risks and licenses.

magnifi icon

Join the Magnifi Family!

At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.

Am I Eligible? Become a Member