Safe & Quick Way To Buy Crypto With Barclays Bank

buy crypto and bitcoin barclays bank
Mike Harry
Feb 2024
4 min to read
Fact checked

Summary: Barclays Bank does not offer any services for their customers to buy or sell cryptocurrencies. To buy cryptocurrencies like Bitcoin and Ethereum, simply connect your Barclays Bank account to a regulated cryptocurrency exchange like eToro. This is a beginner friendly exchange that is safe to use as it's regulated in the UK by the FCA. Signup and safely invest in 1,000s of digital assets including cryptocurrencies like Bitcoin, Ethereum, Solana and many others!

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
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 Barclays?

While Barclays Bank clients can’t directly buy cryptocurrencies from their online account, they can buy crypto by depositing EUR into a regulated cryptocurrency exchange like Etoro

Buy crypto with Barclays Bank & eToro
Buy crypto with Barclays Bank & eToro

How to buy crypto and Bitcoin with Barclays?

The first step towards buying and selling cryptocurrencies is to sign up for a safe and regulated exchange such as eToro.

For users with a Barclays Bank account, we recommend signing up to eToro due to their user-friendly interface and wide range of digital assets.

Signing up is quick, easy and free of charge. After successfully signing up, you can easily connect your bank account and initiate your first GBP deposit.

Deposits made via bank transfers (ACH) are free of charge, while transfers made via credit/debit cards incur a small fee.  

Once the funds have been deposited into your eToro account, you can start buying and selling cryptocurrencies such as Bitcoin, Ethereum, and Solana, among others.

Signup in minutes

1. Create Account: Signup and add your identity verification.‍
2. Deposit Funds:
Via your Barclays Bank account or credit/debit card. 
3. Start Buying:
Once your deposit has reached your account.
Buy Bitcoin with Barclays Bank & eToro
Buy Bitcoin with Barclays Bank & eToro

Is Barclays Bank crypto friendly?

While Barclays has in the past blocked customer deposits to Binance, it is crypto friendly and does not impose restrictions when using FCA regulated exchanges.

What is Barclays cryptocurrency policy?

Binance got blocked because the Financial Conduct Authority (FCA) claimed they were not authorized to carry out crypto services within UK borders. 

Earlier this year Binance resumed GBP bank transfers with Paysafe for verified Binance users. 

The lesson here is that it's always best to use FCA-regulated cryptocurrency exchanges like eToro to avoid any type of restrictions.

Can I buy crypto with Barclays credit card?

Yes, Barclays customers are allowed to use their credit and debit cards to buy and sell cryptocurrencies via regulated platforms.

Barclays Blockchain

Barclays is crypto friendly and like many other banks today, are looking for ways to leverage blockchain technology.

‍Barclays Binance & Coinbase

Users of Barclays that want to connect their accounts or credit cards to conduct deposits with Binance can't do that at the time of writing.

Barclays does however support connecting your account or credit/debit card in order to transfer funds to regulated exchanges like eToro and Coinbase.

About Barclays Bank

Barclays Bank was founded in 1690 and is one of the oldest banks in the world. From their London headquarters, they serve over 50 million customers in more than 50 countries. 

Barclays Bank Website Screenshot
Barclays Bank Website

Barclays Bank has a large network of branches and ATMs across its core markets, with over 1,500 branches and 4,300 ATMs in the UK alone.

Barclays Bank offers a range of products and services, including personal and business banking, mortgages, loans, credit cards, and investment services

Barclays have over 80,000 employees around the world that together manage £1.4 trillion in assets which generate over £22 billion in revenues.

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
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.

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