As mentioned above, while Nationwide Bank clients can’t directly buy Bitcoin or Ethereum from Nationwide Bank, they can buy through a regulated cryptocurrency exchange like Etoro.
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Summary: As Nationwide Bank does not operate its own crypto trading platform, it's customers have to use FCA regulated exchanges to buy and sell cryptocurrencies. We recommend eToro as they offer a beginner friendly platform and 1,000s of digital assets including cryptocurrencies. Signup today, make a free bank deposit and begin investing in Bitcoin (BTC), Ethereum (ETH) or many other cryptocurrencies!
+3000 Cryptos, Stocks, ETFs
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As mentioned above, while Nationwide Bank clients can’t directly buy Bitcoin or Ethereum from Nationwide Bank, they can buy through a regulated cryptocurrency exchange like Etoro.
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 Nationwide 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.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Nationwide account or credit/debit card.
3. Start Buying: Once your deposit has reached your account.
Nationwide Bank is crypto friendly and does not impose restrictions on customers who want to use third party exchanges.
Clients of Nationwide can transfer funds via ACH or Card Transfer to FCA regulated exchanges like Uphold and eToro. Nationwide has also published a helpful article of what investment scams to look out for.
We think it's safest to use regulated exchanges like eToro as Binance still does not have regulatory clarity in the UK.
Customers of Nationwide Bank are allowed to user their credit and debit cards to buy cryptocurrencies via regulated third-party exchanges.
Nationwide building society is a UK based mutual financial institution headquartered in Swindon, England. Nationwide is the largest building society in the world with 16 million members and over 250 different building societies.
Nationwide has over $280 billion dollars worth of assets and is the second largest provider of household savings and mortgages in the UK.
Nationwide offers a full suite of banking products like current accounts, mortgages, savings, investments, loans, credit cards and insurance. When it comes to overall service quality, they are ranked fifth in the UK and third in Northern Island.
Nationwide, in collaboration with Axos Bank, also provides a comprehensive suite of banking services. This includes products such as checking accounts, savings accounts, money market accounts, and CDs.
Notably, their my checking account stands out for its fee-free structure and overdraft protection, which links directly to a Nationwide savings account.
The bank also provides a high-yield savings account and an interest checking account, both of which come with the perk of unlimited domestic ATM fee reimbursements. As a fully online bank, Nationwide allows its customers to seamlessly manage their finances digitally.
Ensuring the safety of its customers' funds, all Nationwide Bank accounts benefit from FDIC insurance through Axos Bank, safeguarding up to $250,000 for individual accounts and up to $500,000 for joint accounts.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
