Hassle-Free Way To Buy Crypto With Sainsbury's Bank! 🔥

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

Summary: Like most European banks, Sainsbury's Bank does not sell cryptocurrencies. You can however buy cryptocurrencies using your Sainsbury's Bank account. You simply have to connect it to a FCA-regulated third-party exchange. We recommend using eToro in particular as it's regulated, beginner friendly and offers 1,000s of digital assets and cryptocurrencies. Signup in two minutes, make your first deposit and invest in Bitcoin, Ethereum, Solana or any other cryptocurrency!

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Can I buy crypto or Bitcoin with Sainsbury's Bank?

Unfortunately, it is not possible to buy crypto with Sainsbury's Bank as the bank does not offer these type of cryptocurrency services.

Customers of Sainsbury's Bank can instead use their debit or credit card to purchase cryptocurrencies like Bitcoin, Ethereum and Solana from an exchange.

Buy Crypto With Sainsbury's and eToro
Buy Crypto With Sainsbury's and eToro

We recommend Etoro because it's beginner friendly, offer a wide range of cryptocurrencies and are regulated by the Financial Conduct Authority (FCA).

How to buy crypto with Sainsbury's Bank?

We recommend signing up to safe and FinCEN regulated eToro that offers free bank deposits to Sainsbury's Bank customers.

This is a safe and secure venue for Americans that want to invest in cryptocurrencies like Bitcoin (BTC), Ethereum (ETC), Solana (SOL) and many others cryptocurrencies.

Signing up is free of charge and only takes a few minutes to complete. Users can deposit GBP and other fiat currencies free of charge via bank deposits.

Once the funds have arrived in your account you can easily begin investing in your favourite cryptocurrencies!

Signup in minutes

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

Is Sainsbury's bank crypto friendly?

Sainsbury's Bank is crypto-friendly, they permit their clients to freely deposit and withdraw fiat from FCA-regulated cryptocurrency exchanges. 

Sainsbury's cryptocurrency policy is in line with most other regulated banks. As long as you use an FCA-regulated cryptocurrency exchange, you are free to deposit and withdraw fiat currencies like GBP, EUR and USD. This is why we recommend using eToro

Can I buy crypto with Sainsbury's Credit Card?

Customers of Sainsbury's are allowed to use either their credit or debit card to deposit funds and buy cryptocurrencies via regulated exchanges.

About Sainsbury's Bank

While Sainsbury's Bank is mostly known for being the largest chain of supermarket in the UK, they also offer banking services. Sainsbury's bank was established in 1997 through a joint venture with the Bank of Scotland.

Sainsburys Website
Sainsbury's Website

With over 3 million customers, Sainsbury's Bank has become one of the leading providers of personal finance products in the UK.

The bank offers customers a range of products and services, from savings accounts to mortgages, credit cards and personal loans.

Customers can also take advantage of a range of additional services, such as cashback and rewards schemes, mobile banking, and the Sainsbury's Bank app.

Sainsbury's Bank is licensed and regulated by the Financial Conduct Authority (FCA). The FCA is responsible for regulating the financial services industry in the UK.

Sainsbury's Bank is also a member of the Financial Services Compensation Scheme (FSCS) which protects customers in the event that a financial services firm fails.

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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