The Smart Way To Buy Bitcoin (BTC) & Crypto With HSBC Bank

buy crypto hsbc bank
Mike Harry
Feb 2024
3 min to read
Fact checked

Summary: The only way to buy Bitcoin and cryptocurrencies with HSBC Bank is by depositing funds via bank transfer to a FCA-regulated exchange. We recommend eToro as it's regulated, beginner-friendly and offers over 1,000 digital assets and cryptocurrencies. Signup in minutes, make a bank deposit free of charge and begin investing in cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and many others!

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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 HSBC?

As mentioned above, while HSBC clients can’t directly buy cryptocurrencies via their online bank account, they can buy by connecting their bank to a FCA-regulated cryptocurrency exchange like Etoro

Buy crypto with HSBC & eToro
Buy crypto with HSBC & eToro

How to buy crypto with HSBC Bank?

To buy cryptocurrencies like Bitcoin and Ethereum with HSBC Bank, customers must first connect their bank account or 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 HSBC 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!

Signup in minutes

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

Is HSBC crypto friendly?

While HSBC is not exactly a crypto friendly bank as it has limited access to securities that derive their value from cryptocurrencies such as Coinbase and Microstrategy.

it's customers are however allowed to deposit funds into regulated exchanges for the purpose of investing in cryptocurrencies.

Can you buy crypto with HSBC Credit Card?

Yes, customers of HSBC are permitted to use their credit or debit cards to deposit money into regulated cryptocurrency exchanges.

HSBC Binance & Coinbase

While HSBC allows linking your account with Binance, we recommend using eToro considering the controversy surrounding Binance in the UK.

About HSBC

HSBC which has its origins in British Hong Kong is the largest bank in Europe by total assets with almost $3 trillion. HSBC has offices in 64 countries where it serves over 40 million customers.

HSBC UK Website
HSBC UK Website

In 2022 it was ranked no. 38 in Forbes rankings of large companies. The bank has mainly three business groups, Commercial, Global, and Wealth & Personal Banking. They are listed on both the Hong Kong & London Stock Exchanges. 

HSBC Bank, headquartered in London, England, stands as a prominent British universal bank with deep-rooted historical and business ties to East Asia and a vast multinational presence.

The bank's operations span across three core global businesses which includes personal banking, commercial banking and global markets.

Catering to a diverse clientele, HSBC offers an array of services from personal and online banking, loans, and mortgages to more specialized offerings like investment banking and corporate financing products.

One of its notable services is the HSBC Global Money Account, a prepaid, multi-currency account accessible via their mobile app for certain account holders.

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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