Summary: While Santander Bank does not sell cryptocurrencies on its banking platform, you can buy Bitcoin and other cryptocurrencies by signing up to FinCEN regulated eToro. This is a platform that is regulated in the UK/EU and perfect for beginners to use. They offer over 1,000 digital assets including cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and many others. Signup takes minutes and you can then make your first fiat deposit!Â
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Santander Bank does not have the infrastructure to sell cryptocurrencies via it's banking platform to its customers.
To buy cryptocurrencies, you can deposit funds (GBP, EUR, USD etc) from your bank account to a regulated cryptocurrency exchange like eToro.
To buy cryptocurrencies like Bitcoin and Ethereum with Santander Bank, users must first connect their bank account 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.
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 Santander 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!
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1. Create Account: Signup and add your identity verification.â
2. Deposit Funds: Via your Santander Bank account or credit/debit card.Â
3. Start Buying: Once your deposit has reached your account.
At the time of writing, Santander Bank does offer any crypto products and services to it's wide clientele.
But there is progress happening behind the scenes as Santander along many other top tier banks is looking into cryptocurrencies and blockchains.
At the time of writing, Santander does not offer any services that would directly enable their customers to buy or invest in Bitcoin (BTC) via their banking platform.
Like most regulated banks, Santander unofficial cryptocurrency policy is that you can use FCA-regulated cryptocurrency exchanges.
We recommend using eToro as they are both regulated in the UK and you can easily do GBP/USD/EURÂ ACH and credit card transfers.
When it comes to depositing funds from Santander Bank to cryptocurrencies, there are a few things to consider.
At the time of writing, we do not recommend deposits from UK banks to Binance due to the regulatory unclarity of the exchange in the UK.
Instead, we recommend users to signup and deposit to FCA-regulated exchanges like eToro instead which are safe to use for Europeans.
This way you can link your Santander bank account or credit card safely and makes deposits and withdrawals without any worries.
Customers of Santander Bank are allowed to use their credit and debit cards to buy cryptocurrencies like Bitcoin (BTC).
Like many banks around the world, Santander may soon begin offering crypto trading services through a Brazilian subsidiary. How long until such services are available for the European market? Time will tell.
Santander Bank is a Spanish multinational financial services company based in Madrid, Spain. Santander is present in all global financial centers and is the 16th largest banking institutions in the world. Itâs the fourth largest bank in Europe with over $1 trillion in total assets under management.Â
A subsidiary of the Spanish multinational entity, Banco Santander, the bank has established a substantial presence in 10 pivotal markets including the UK, US, Brazil, Spain, and Portugal.
Catering to individuals, businesses, and corporations, Santander provides a myriad of services ranging from personal and business banking to mortgages, loans, credit cards, and investment solutions.
Embracing the digital age, the bank has channeled substantial investments into fortifying its mobile banking app and online platform. In the UK, their expansive footprint is evident with over 2,000 branches and 13,000 ATMs.
Accolades like the 'Best Bank in the World' title from Euromoney magazine in 2012 testify to their prowess in the financial sector.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
