Best Way To Buy Bitcoin & Crypto with Starling Bank! 🔥
Mike Harry
Feb 2024
4 min to read
Fact checked
Summary: The only way to buy Bitcoin & Crypto with Starling Bank is by depositing funds to a FCA-regulated exchange. We recommend beginner-friendly Uphold in particular as they are regulated by FCA, offer fast and free GBP bank deposits and support 100s of digital assets to invest in. Uphold also offers a wide range of over 300 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cosmos (ATOM), Dogecoin (DOGE) and many others!
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Can I buy crypto with Starling Bank?
The ability to buy and sell cryptocurrencies directly through the Starling banking platform is currently not available. That does not mean however that customers of Starling bank are shut out from the crypto market.
There are several regulated cryptocurrency exchanges that allow users to buy and sell digital assets by using their Starling account. We recommend two exchanges in particular that are regulated by the FCA in the United Kingdom, Uphold.
How to buy crypto with Starling Bank?
To get started, you'll need to sign up for a regulated cryptocurrency exchange that accepts bank deposits from Starling Bank.
Uphold is the perfect option that is regulated and safe to use while also allowing for free bank deposits.
On top of this, Uphold is a beginner-friendly platforms where even though new to the world of cryptocurrencies can easily navigate the platform.
And with the funds usually arriving within one business day, you won't have to wait long to start buying and selling digital assets!
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To signup, follow the steps below:
1 Create Account: Signup and add your identity verification. 2. Deposit Funds: Via your Starling Bank account or credit/debit card. 3. Start Buying: Once your deposit has reached your account.
Does Starling Bank allow crypto?
As a mobile-only banking platform, Starling Bank provides customers with easy access to traditional banking services such as current accounts, savings accounts, loans, and payment cards.
At the time of writing, there are no options for it's users to buy cryptocurrencies through the app.
Is Starling Bank crypto friendly?
While Starling Bank does not offer any services related to cryptocurrencies, it is seen as a crypto-friendly bank.
Starling Bank customers can connect their bank accounts or link their debit cards to third-party exchanges to buy and sell cryptocurrencies.
Does Starling Bank allow cryptocurrency?
Starling Bank is a crypto friendly bank that does not prohibit customers from buying or selling cryptocurrencies via third party exchanges.
Customers can connect their Starling Bank account (or link their debit card)Â to deposits funds to cryptocurrency exchanges like FCA regulated Uphold.
Does Starling Bank support crypto?
Starling bank supports crypto indirectly. By not meddling in the affairs of customers who wish to buy cryptocurrencies like Bitcoin and Ethereum, Starling Bank is a crypto friendly bank where users can do as they please with their hard earned money.
We do however recommend to use regulated exchanges like eToro and Uphold to avoid any issues when depositing or withdrawing funds.
Starling Bank Coinbase
There are no restrictions to link your Starling account or card to FCA regulated exchanges like Coinbase and Uphold.
As mentioned previously, we recommend Uphold because they are regulated and safe exchanges that have operated flawlessly for over 10 years.
They are also beginner friendly and offers a wide range of cryptocurrencies to choose from like Bitcoin, Ethereum and many others.
Starling Bank Binance
We would advise against using Binance at this time considering its regulatory uncertainty in the UK. Binance recently pulled back from the UK as it was unable to satisfy their regulatory requests.
As such we recommend FCA regulated exchanges that are safe to use and where you can easily invest in 100s of digital assets.
About Starling Bank
Starling Bank is a digital banking platform that offers a range of banking services, including current accounts, savings accounts, loans, and payment cards.
It was founded by Anne Boden in 2014 and has raised over $500 million dollars since inception. Sterling bank is headquartered in London and is regulated by the Prudential Regulation and Financial Conduct authorities.
The bank is a digital challenger bank based in the UK with a focus on currency and business account products. The bank does not operate any physical branches and serves customers mainly through their mobile apps.
Starling offers a range of features and benefits, including instant notifications, access to Open Banking and third-party APIs, and a range of tools to help customers manage their money.
Starling Bank also offers a range of products and services that are designed to help customers save money and make better financial decisions.
These include savings goals, budgeting tools, and access to a range of discounts and deals
Overall, Starling Bank is a great choice for those who want the convenience of a digital banking platform without sacrificing the security and reliability of a traditional bank.
They have over 3 million customers and were awarded as the Best British Bank in 2018, 2019, 2020 and 2021. If you want to read more about other crypto friendly banks in the UK, see our breakdowns of Sainsbury's, Standard Chartered,Vanquis Bankor Zopa.
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.