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.
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!
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
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.
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!
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.
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.
Yes, customers of HSBC are permitted to use their credit or debit cards to deposit money into regulated cryptocurrency exchanges.
While HSBC allows linking your account with Binance, we recommend using eToro considering the controversy surrounding Binance in the UK.
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.
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.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform