Signup Requirements

Email address / SMS Verification

Full KYC requires proof of identity and your ID.

Minimum Balance

SoFi does not require a minimum balance.

Bonus Crypto

Make your first deposit of at least $10 within 30 days of opening your account to receive up to $25.

Cryptocurrencies Supported

SoFi supports 22 different cryptocurrencies including Bitcoin, Bitcoin Cash, Chainlink, Litecoin, Ethereum, Dogecoin, Uniswap, Basic Attention token, Stellar, Sushiswap and more.

Types of Trading

SoFi offers market and spot trading. SoFi also offers stop loss and limit price.

Ease of Use

SoFi is easy to use to purchase Bitcoin and other cryptocurrencies. Limited options make it as basic as possible to own crypto.

Ease of Access & Security

SoFi can be accessed through mobile or PC. SoFi also has a mobile app.

Multi-layer user authentication is used to protect your assets.

Earn Cryptocurreny

SoFi has a learning program about investing and financials. It is not a learn and earn program.

Conclusion

SoFi is becoming one of the most popular stock trading platforms. Although there are limitations to your crypto on stock broker accounts it is an easy way to dive into owning your first Bitcoin without all the new terminology of a cryptocurrency exchange.