Summary: As Standard Chartered Bank does not sell cryptocurrencies on its banking platform, you have to buy crypto using a regulated exchange. There are many exchanges to choose from, we recommend using eToro as it's regulated by FCA in the UK and is beginner friendly. With eToro, you can signup in minutes, conduct a free bank deposit and then invest in 1,000s of digital assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and many others!
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Standard Chartered Bank, like most European banks, does not offer any cryptocurrency trading services.
However, its customers can still buy and sell cryptocurrencies by depositing funds into regulated exchanges such as eToro.
It's important to note that the exchange must comply with local regulations to ensure smooth deposits and withdrawals.
To buy cryptocurrencies like Bitcoin and Ethereum, the first step is to sign up for a reputable cryptocurrency exchange.
One great option to consider is eToro as it's regulated in the United Kingdom by FCA and offers 1,000s of digital assets and cryptocurrencies.
These platforms are user-friendly and provide a great starting point for beginners interested in investing in cryptocurrencies.
GBP deposits can be made via bank transfer free of charge and the funds usually arrive on the same day.
Once the funds have arrived, you can begin buying and selling cryptocurrencies like BTC, ETH, SOL and many others.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Chartered account or credit/debit card.
3. Start Buying: Once your deposit has reached your account.
At this time, Standard Chartered does not offer crypto trading services. However, they like most other banks are likely monitoring the crypto market closely and may offer such services in the future.
Standard Chartered Bank recently partnered with Sandbox to create a Metaverse experience. Mary Huen, Chief Executive of Standard Chartered, Hong Kong said:
“The metaverse is a vision for the next phase in the internet’s evolution, bringing new possibilities and unique experiences through the use of immersive technologies. Our involvement in the metaverse allows us to reimagine our relationship with existing and potential clients on this new platform and our approach to enhance client journeys.
Standard Chartered is a crypto friendly bank that is actively engaging in the cryptocurrency space. In 2021 they initiated research coverage of crypto assets where Eric Robertsen, Global Head of Research had this to say:
“The gap between traditional finance and the digital world is narrowing by the day. As our clients begin exploring cryptocurrencies, other digital assets and decentralised finance, we aim to add value to their investment and risk-management strategies and help them navigate and incorporate this new asset class into their businesses.”
Like most regulated banks, Standard Chartered does not have an official cryptocurrency policy. You can however use FCA-regulated exchanges like eToro to buy cryptocurrencies like BTC, ETH, SOL, ATOM and more.
Standard Chartered Bank is a British bank that was established in 1969 through the merger of Standard Bank of British South Africa and the Chartered Bank of India.
Standard Chartered operate in the consumer, corporate and institutional banking space with more than 90% of its profits coming from Asia, Africa and the Middle East.
Standard Chartered offers a range of retail banking services, including saving and current accounts, debit cards, credit cards, home loans, and auto loans.
The bank also offers a range of digital banking services, including mobile banking, online banking, and ATM services.
With their almost 90,000 employees across 70 countries, they operate over 17,000 branches that serve a massive user base of over 80 million customers.
Standard Chartered Bank is listed on both the London Stock Exchange and the Hong Kong Stock Exchange. The bank has revenues of over $15 billion with over $700 billion in assets under management.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
