Summary: While Zopa doesn’t offer crypto trading on its own platform, we recommend signing up to and buying from FCA-regulated eToro. This platform is regulated in the UK by FCA and offers user-friendly platform. It's perfect for beginners who want a safe and easy way to invest in 1,000s of digital assets like Bitcoin, Ethereum, Solana, Dogecoin and others. Get started today by signing up (takes two minutes) and deposit money via a free bank transfer or by using you debit/credit card!
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Can I buy crypto or Bitcoin with Zopa?
Zopa does not have the infrastructure in place to enable its customers to buy and sell cryptocurrencies on its platform.
Clients of Zopa who want to buy Bitcoin or other cryptos can simply connect their bank account or cards to a third-party exchange and buy through them.
How to buy crypto with Zopa?
The first step is to signup for a regulated cryptocurrency exchange like eToro which is regulated in Europe.
You can then deposit GBP, EUR or other fiat currencies via bank transfer or credit/debit card deposit.
Once your funds have arrived, you can buy Bitcoin (BTC), Ethereum (ETH), Solana (SOL) or any other cryptocurrency that you think can increase in value.
We recommend eToro as they it's a beginner-friendly platform that is both easy and safe to use!
Signup in two minutes
1. Create Account: Signup and add your identity verification 2. Deposit Funds: Via your Zopa account or credit/debit card 3. Start Buying: Once your deposit has arrived in your account
Zopa Cryptocurrency Policy
Zopa does not have a stated policy on cryptocurrencies but as long as you use FCA-regulated exchanges, there won't be any issues depositing or withdrawing funds.
Like many UK banks these days, Zopa has put out information to their customers for how to best avoid scams.
"Find out if a company is legitimate by checking if they’re authorised by the FCA. The FCA also has a warning list you can use to see if an investment is a scam."
Is Zopa crypto friendly?
Zopa is a crypto friendly bank that allows its customers to safely deposit funds to regulated exchanges like eToro.
Using FCA-regulated exchanges means that users won't have any issues depositing or withdrawing funds.
Can I buy crypto with Zopa credit card?
Zopa customers are allowed to user their credit cards or debit cards to deposit funds with the intention of investing in cryptocurrencies.
About Zopa Bank
Zopa was founded in 2005 in Buckinghamshire as an internet bank peer-to-peer lender.
Since receiving their full banking license in 2020, they closed the peer-to-peer side of the business to offer deposit accounts and credit cards.
In 2021 Zopa raised $300 million from Soft Bank vision fund at a 1$ billion valuation.
Zopa offers current accounts, savings accounts and loans but does not offer any physical branches or ATMs.
All interactions with Zopa Bank take place online or via the Zopa app. It also offers a range of digital banking services such as budgeting tools, money management and payments.
The Zopa app is designed to make it easy for customers to manage their money.
It provides real-time information on financial transactions and updates, as well as notifications to help customers stay on top of their accounts.
Overall, Zopa Bank is an modern and convenient online banking service that offers a range of banking services with no hidden fees or charges.
Zopa has lent out over £6 billion to over 500,000 customers across the UK. Zopa has a 4.5 rating on Trustpilot with over 18.500 reviews.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.