Safe & Easy Way To Buy Crypto With Bank of Scotland

buy crypto bank of scotland
Mike Harry
Feb 2024
4 min to read
Fact checked

Summary: Customers Bank of Scotland who want to buy cryptocurrencies like Bitcoin have to signup to regulated exchanges like eToro. The signup process only takes a few minutes and funds can then quickly be deposited via bank deposit or card transfer. We recommend using eToro as it's perfect for beginners who want a safe FCA-regulated platform that offers access to 1,000s of digital assets. Investing in cryptocurrencies has never been this safe and easy!

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Regulated & Safe Platform

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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 Bank of Scotland?

Customers of Bank of Scotland who want to buy and sell cryptocurrencies have to use third-party cryptocurrency exchanges. 

Buy Bitcoin with Bank of Scotland and eToro
Buy Bitcoin with Bank of Scotland and eToro

This is because Bank of Scotland does not offer these type of services via their banking platform.

How to buy crypto with Bank of Scotland?

To buy cryptocurrencies like Bitcoin and Ethereum with Bank of Scotland, customers must connect their bank 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.

eToro is super easy to user for beginners and offers a wide range of assets, making it easy for Bank of Scotland customers to invest in the crypto market.

This include cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Cosmos (ATOM) and many others!

Signup in two minutes

1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your Bank of Scotland account or credit/debit card
3. Start Buying:
Once your deposit has arrived in your account
Buy Crypto with Bank of Scotland and eToro
Buy Crypto with Bank of Scotland and eToro

Bank of Scotland cryptocurrency policy

Bank of Scotland does not have a stated cryptocurrency policy but in short, it’s similar to most other regulated banks.

You are free to deposit and withdraw to and from regulated cryptocurrency exchanges. 

Is Bank of Scotland crypto friendly?

Bank of Scotland doesn’t have any policies that prohibit customers from using licensed cryptocurrency exchanges.

We do however recommend that our readers use regulated exchanges to avoid issues when depositing or withdrawing money.

Can I buy crypto with Bank of Scotland Credit Card?

Yes, customers of Bank of Scotland can use their credit cards to safely deposit funds to FCA-regulated exchanges like eToro.

About Bank of Scotland

Bank of Scotland is Scotland's oldest bank and should not be confused with the Royal Bank of Scotland (RBS). Bank of Scotland was founded in 1695 and today has over 300 branches and 20,000 employees.

Bank of Scotland website
Bank of Scotland website

It is part of the Lloyds Banking Group and serves over 2.8 million customers. The bank has over $17 billion in revenues and $360 billion in total assets. Bank of Scotland ranks 9 in the UK in terms of quality of service.

Bank of Scotland Quality of Service
Bank of Scotland Quality of Service

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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