Anchorage Digital Review (October 2026): Fees, US States and Licenses

Our verdict

Anchorage Digital provides custody, trading, staking, settlement and stablecoin issuance to institutions through Anchorage Digital Bank National Association, a federally chartered digital asset bank, and affiliates that include a New York BitLicense holder. Its legal page says services are offered to institutions and certain high-net-worth individuals in limited circumstances, so ordinary retail users cannot open an account. Minimums and pricing are not published.

Anchorage Digital fees

Maker / taker

— Not verified

Simple buy

— Not verified

Volume tiers

Institutional pricing by agreement; no public fee schedule was found.

ACH deposit

— Not verified

Wire deposit

— Not verified

Card purchase

— Not verified

USD withdrawal

— Not verified

Crypto withdrawal

— Not verified

Minimum deposit

— Not verified

Is Anchorage Digital available in my state?

Anchorage's legal page says services are offered to institutions and certain high-net-worth individuals in limited circumstances; there is no general retail account (viewed Oct 2026).

The list of states this platform serves is not verified yet.

New York

Yes

ID check (KYC)

Yes

Withdraw crypto

Yes

Funding

Wire, ACH, Crypto

Is Anchorage Digital regulated?

• BitLicense
• CFTC
• Bank charter

US operator

Anchorage Digital Bank National Association (custody, settlement, staking, governance); Anchorage Hold, LLC (trading); Anchorage Digital NY, LLC (New York)

Parent company

Anchor Labs, Inc.

State licenses

Anchorage Digital NY, LLC holds NYDFS BitLicense #0000041; Anchorage Lending CA, LLC holds California DFPI license 60DBO-11976

New York license

BitLicense

CFTC / NFA

Anchorage Services, LLC is listed with NFA ID 532710 (commodities brokerage services)

Bank charter

OCC national trust bank (Anchorage Digital Bank National Association)

Other

Describes itself as the first federally chartered digital asset bank in the United States; A1, Ltd. runs a principal trading business; Anchorage Digital Singapore Pte Ltd serves Singapore clients

Founded

2017

Headquarters

San Francisco, CA, USA

How secure is Anchorage Digital?

Proof of reserves

— Not verified

Audits

— Not verified

Insurance

The site states digital assets held in custody are not guaranteed and are not subject to FDIC or SIPC protections

Incidents since 2019

None found in the sources checked.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Anchorage Digital

• Spot
• Staking
• Lending
• Self-custody wallet
• OTC desk

Institutional custody, trading, staking and governance, USD accounts with wires and ACH, the Atlas settlement network, lending through a California-licensed affiliate, stablecoin issuance and a self-custody option. New York clients are served through the BitLicense entity. Eligibility is limited to institutions and certain high-net-worth individuals.

Apps

iOS

Support

Phone