As Aldermore Bank does not operate its own crypto trading platform, its customers have to use third-party platforms like eToro.
Summary: If you want to buy Bitcoin or other cryptocurrencies, you need to use FCA-regulated third-party exchanges like eToro. While you can’t buy crypto directly with Aldermore Bank, you can deposit funds via bank or credit card transfer to these exchanges. eToro is great for beginners that want to invest in 1,000s of digital assets in a simple and safe manner. Signup today and make your first deposit to invest in Bitcoin (BTC) and many other cryptocurrencies!
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As Aldermore Bank does not operate its own crypto trading platform, its customers have to use third-party platforms like eToro.
To buy cryptocurrencies like BTC, ETH, SOL, DOGE, ATOM with Aldermore Bank, users must first connect their bank account or credit card to a regulated exchange like eToro.
USD, EUR and GBP bank deposits are free of charge and funds usually arrive within one business day.
Deposits can also be made using credit or debit cards which are instant but come with a small deposit fee.
eToro is super easy to user for beginners and offers a wide range of assets, making it easy for Aldermore Bank customers to invest in the crypto market.
This include cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Cosmos (ATOM) and many others!
1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your Aldermore Bank account or credit/debit card
3. Start Buying: Once your deposit has arrived in your account
Aldermore is crypto friendly in the sense that they allow deposit and withdrawal to and from regulated cryptocurrency exchanges. While Aldermore Bank does not have an official policy on crypto, they do provide some helpful guidance on their website.
If you are considering an investment, always ensure that you do some research before carrying out a transaction. The Financial Conduct Authority’s (FCA) warning list details firms and individuals that the FCA knows are operating without the correct level of authorization.
Yes, clients of Aldermore are permitted to deposit funds via their credit or debit card to FCA-regulated exchanges like eToro.
This is the safest way to get exposure to the fast growing cryptocurrency market.
Aldermore Bank was founded in 2009 in Reading, Berkshire, and was later acquired in 2018 by First Rand.
Today the group consists of two operating companies, Aldermore Bank and MotoNovo Finance. Aldermore Bank is a member of the Financial Services Compensation Scheme (FSCS) and guarantees deposits up to £85,000 GBP.
Aldermore Bank stands as a prominent UK-based retail bank, catering primarily to small and medium-sized businesses and individual savers.
Specializing in financial services, Aldermore offers a plethora of options like retail and business savings, asset and invoice finance, and both commercial and residential mortgages.
Their lending spectrum encompasses areas such as asset finance, invoice finance, SME commercial mortgages, buy-to-let, and residential mortgages.
Aldermore Bank provides finance to businesses and homeowners while MotoNovo provides retail with consumer financing support. Aldermore bank has over 1,000 employees in the UK, over £15 billion in total assets and £450 million in revenues.
The bank operates under the authorization of the Prudential Regulation Authority (PRA) and adheres to regulations set by both the Financial Conduct Authority (FCA) and the PRA.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform