● BEST OVERALL · 2026 DESK RESEARCH
Anchorage Digital review
First federally chartered US crypto bank
The verdict
8.5 / 10 · BUY
Anchorage holds the only US OCC-issued National Trust Bank Charter for digital assets (granted 2021). Institutional-only — minimum AUM in the millions. Multi-vertical: custody, trading, lending, governance, staking. The default custodian for US institutional crypto.
◆ BUY IT IF
- First OCC-chartered crypto bank — strong US regulatory foundation
- OCC oversight = banking-grade compliance
- Singapore subsidiary covers APAC institutions
- Active governance participation supported (rare)
◇ SKIP IT IF
- Institutional-only — no retail access
- Minimum balances in the millions
- Pricing opaque (negotiated)
- No consumer banking features (no card, no IBAN)
§ 01 SCORE BREAKDOWN
Eight axes, weighted.
DIMENSION WEIGHT RATING SCORE
Regulatory safety
OCC National Trust Bank Charter (granted Jan 13, 2021 — first such charter for a crypto firm; OCC has since ch
Card & IBAN
No card, no IBAN
Yield
Up to 8% APY
Coin selection
80 coins supported
App UX
Transparency
Proof of Reserves, public filings, incident history
Fees & spreads
Support
§ 02 THE FIELD TEST
How we tested Anchorage Digital.
Drafted from public sources — regulatory licences verified against issuing-authority registers (NYDFS, FCA, MAS, VARA, FSCA, etc.); fees verified from current published rate cards. Not yet field-tested.
DATE STEP TIME NOTES
— Account opened — KYC completed end-to-end
— First deposit — Not yet field-tested — record drafted from public sources; first-hand testing scheduled for the next review cycle.
— First withdrawal — Not yet field-tested — record drafted from public sources; first-hand testing scheduled for the next review cycle.
— Card activated — Card not supported / not ordered
— Last hands-on check — Drafted from public sources — regulatory licences verified against issuing-authority registers (NYDFS, FCA, MAS, VARA, FSCA, etc.); fees verified from current published rate cards. Not yet field-tested.
§ 03 SPECIFICATIONS
Everything, in one table.
Regulation
- Regulatory status
- OCC National Trust Bank Charter (granted Jan 13, 2021 — first such charter for a crypto firm; OCC has since chartered Paxos, Ripple, Circle, BitGo). MAS Major Payment Institution Licence (Singapore subsidiary). State Money Transmitter Licences. FinCEN MSB.
- FDIC insurance
- No
- MiCA compliant
- No
- Founded
- 2017
- HQ
- San Francisco, CA, USA + Sioux Falls, SD
Fees
- Monthly account fee
- Free
- Trading fee
- —
- Withdrawal fee
- Variable
Yield & products
- Earn yield
- Anchorage Stake + Earn (institutional rates)
- Max APY
- 8%
- Staking
- Yes
- Crypto-backed loans
- Yes
- Supported coins
- 80
Banking
- IBAN
- No
- Debit card
- No
- DeFi access
- Yes
- NFT support
- No
Regions
- Regions available
- US, Asia, SG, Singapore
- Markets served
- United States (federally chartered nationally), Singapore (MAS DPT)
Support
- Trustpilot
- N/A
§ 04 FAQ
Frequently Asked Questions
Is Anchorage Digital safe? +
Anchorage Digital has a regulatory status of: OCC National Trust Bank Charter (granted Jan 13, 2021 — first such charter for a crypto firm; OCC has since chartered Paxos, Ripple, Circle, BitGo). MAS Major Payment Institution Licence (Singapore subsidiary). State Money Transmitter Licences. FinCEN MSB.. Always verify current regulatory status directly with the platform before depositing.
What is the maximum APY on Anchorage Digital? +
Anchorage Digital currently offers up to 8% APY. Rate as of 2026-04-29. Rates change — always check the platform for current rates before depositing.
Where is Anchorage Digital available? +
Anchorage Digital is available in: US, Asia, SG, Singapore. Markets served: United States (federally chartered nationally), Singapore (MAS DPT).
Does Anchorage Digital have a debit card? +
No, Anchorage Digital does not currently offer a debit card.