Best Crypto Business Accounts For 2022 [Ultimate List]

Wallets
July 7, 2022

Crypto Business Accounts

If you are looking for a way to grow your business, it is critical to diversify your assets. That is why you should take a closer look at cryptocurrency. A crypto account for business can help you generate rewards, diversify your assets, and grow your business. Just like other business accounts, there are plenty of crypto business account options out there. The best crypto business account for one company might not be the best for your business.

If you're interested in a small business crypto account, take a look at a few key points below, and then consider working with a professional who can help you open the right account for your business’s crypto needs. 

How To Open a Crypto Business Account

If you are interested in how to open a crypto business account, there are several factors you should consider. They include:

  • Speed: You should think about how long it will take you to open your crypto business account. If there are a bunch of regulatory hoops you need to jump through, it could take you a long time to open an account, and you might be better off going with a different option.
  • Yields: You should take a look at the interest rates available on the assets you place in the account. Different accounts have different interest rates, and a higher yield doesn't necessarily make it better. Be aware of the risks being taken with your assets in order to generate these yields.
  • Protection: You should take a look at the protection offered by the crypto account. Are your assets insured or protected? If something happens to the company holding your crypto assets, will you be able to get them back.
  • Ease of Use: You should consider how easy it is to manage your assets. Ideally, it should not take you very long to learn how to use the dashboard. The easier it is to use the account, the better it will be for your purposes.

If you keep these points in mind, you should be able to find the best option for your crypto business account. We've broken down our favourite picks by category. Let's take a look and see which is right for your business!

Best Overall Crypto Business Account: Krayon

If you're looking for the strongest crypto business account on the market, you should take advantage of Krayon. With Krayon, you can switch back and forth between crypto and fiat currencies without limits, you can maximize your yield on crypto assets without worrying about exposure DeFi protocols, and your wallet is secured with the latest security measures. You always have complete visibility over your entire crypto portfolio, and the user interface has been designed to make it as easy as possible for you to manage all of your assets in one place. 

Best for Cryptocurrency Availability: Kraken

Even though Kraken is relatively new, it has lots of options available for small businesses and corporate clients. With Kraken Account Management and Kraken Trade Desk, you have access to lots of resources for large trades and 24/7 customer support, which makes it as easy as possible for you to manage your assets. Furthermore, Kraken has more than 50 digital currencies available to trade. Some of them are exceedingly difficult to find, such as Kava and Gnosis. Therefore, Kraken is one of the best options available for cryptocurrency availability. 

Best for High Yields: Genesis

Genesis is a full-service digital currency prime broker and offers some of the best yields on the market. However, you'll need have a sizable amount to invest as they only deal with institutional clients. Genesis provides institutional investors with an all-in-one solution to put substantial amounts of capital to work. Services include secure, discreet buying and selling, borrowing and lending in large sizes over fixed-terms, custody services to secure assets.

Best for Stocks and Crypto: Robinhood

If you want to diversify your assets across both stocks and cryptocurrency, you may want to manage all of your assets in one place. If that is the case, you may want to use Robinhood. Robin Hood has been popular among young investors for many years, and now you can buy and sell seven different types of cryptocurrencies. This means that you can have a diverse portfolio that contains cryptocurrency, individual stocks, ETFs, and mutual funds. While there are no business-specific accounts available, it is possible for you to manage all of your assets in one place.

Best for Low Fees: Binance

If you want to open a business account that minimizes potential fees, you may want to take a closer look at Binance. Binance does not charge you any fees to deposit money into your account. Then, if you withdraw money from your account, a flat fee is paid to cover the cost of moving money from your Binance account to another place. The fee structure is very easy to understand, and you can keep more of your money in your account if you decide to open a business account through Binance. Furthermore, if you become a VIP through Binance, which is calculated by your 30-day trading volume, your fees might get even lower.

Best for Easy Onboarding: Krayon

If you want to get started as quickly as possible, you should go with Krayon. The user interface is very straightforward, it doesn't take any more than a few minutes to get your application submitted, and then the system will walk you through the process of getting your assets transferred and your account opened. Furthermore, if you have any questions, the customer service team is exceptional. There is always someone available to assist you if you have concerns. If you want to get your account opened as quickly as possible, Krayon could be the fastest crypto exchange to set up business account. 

Best for New Investors: Coinbase

If you are a relatively new investor, you should consider Coinbase. Coinbase is the largest cryptocurrency exchange on the market, and it remains one of the best options for new investors. It is easy to sign up, the fees are fair, and there are tutorials that will walk you through the process of managing your business account. Institutional investors have access to a Coinbase business account, and a Coinbase rep will walk you through the process of opening your account and transferring assets. 

Best for Investment Businesses: Copper

If you run an investment business, you might be able to maximize your returns if you have a crypto business account through Copper. Copper allows you to trade cryptocurrency without having to move your assets through exchanges. This means you can reduce the risk of having your assets misappropriated, frozen, or hacked. With revolutionary custody architecture, it is very easy for you to buy and sell your investments, diversifying your portfolio and your assets. 

Best for Institutional Investors: Anchorage

Institutional investors might want to open a crypto business account with Anchorage. This is a digital asset platform and infrastructure provider that makes it easy for you to buy, sell, hold, and invest in a wide variety of cryptocurrency products. It is relatively easy for you to get started, the crypto platform is versatile enough to handle a wide variety of different use cases, and you can take advantage of the most advanced cybersecurity protocols on the market. With numerous cryptocurrency products and projects available for you to invest in, this could be the best option for institutional investors. 

Best for eCommerce Businesses: Triple A

If you run an e-commerce business, you should take a closer look at Triple A. You can use this platform to accept cryptocurrency payments, which makes it ideal for those who run an e-commerce business. Then, you can manage your cryptoassets in your business account through Triple A, allowing you to streamline the flow of assets through your business. In just a few clicks, you can accept cryptocurrency payments from people all over the world. 

Best for Crypto Treasury Management: Krayon

If you are looking for the best crypto business account for treasury management, you need to take advantage of Krayon. With your business account, it is very easy to swap your assets back and forth between fiat currencies and cryptocurrencies. You have access to a wide variety of customizable features that make it easy for you to manage your crypto assets, and the security measures are incredibly strong, ensuring that all of your assets are protected. 

Make The Most of Your Crypto Business Account With Krayon

Krayon is not an exchange, nor a primer broker. It's better than both! We provide MPC-based business wallets which plug into a whole host of providers so that you get the widest range of available products in the market as well as access to the best possible yields outside of DeFi. On top of that we provide a complete treasury management platform for your business to reconcile transactions and make crypto mass payments.

If you want access to the latest features, you should take a closer look at a crypto business account through Krayon. Get started today! 

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