Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Summary: Barclays Bank offers a secure and regulated way for customers to invest in cryptocurrencies like Bitcoin and Ethereum. The bank supports fund transfers to FCA-regulated crypto exchanges using various GBP deposit methods, including bank transfers and debit cards.

eToro is a recommended platform for Barclays customers, because it is registered in the UK and supports deposits from Barclays accounts. With access to over 4,500 assets, including cryptocurrencies, stocks, and ETFs, eToro enables effective portfolio diversification.

Best Crypto Platform for Barclays
5.0 out of 5.0 by Datawallet

eToro is the best platform for Barclays customers due to its FCA compliance, seamless GBP deposits, and extensive asset options including cryptocurrencies, stocks, and ETFs.

Licensing & Regulation

FCA, CySEC and other Tier-1 Regulators.

Available Assets

4,500 Cryptocurrencies, Stocks, ETFs and more.

GBP Deposit Methods

Bank Transfer, Faster Payments, Debit Card and more.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Can I Buy Bitcoin with Barclays Bank?

Yes, you can buy Bitcoin and crypto with Barclays Bank. Barclays facilitates fund transfers to UK cryptocurrency exchanges that comply with Financial Conduct Authority (FCA) regulations. This ensures a secure method for purchasing cryptocurrencies like BTC, Ethereum, and Solana. The bank supports multiple deposit options, including bank transfers, BACS and debit card payments, making it easy to start investing in digital assets.

How to Buy Crypto with Barclays Bank

Barclays Bank customers can invest in cryptocurrencies through regulated platforms in the UK. One recommended platform is eToro, registered with the Financial Conduct Authority (FCA). eToro supports GBP deposits from Barclays accounts and offers bank transfers and debit card payments. The platform provides access to over 4,500 assets, including cryptocurrencies, stocks, and ETFs.

Here are the steps to get started from your Barclays account:

  1. Account Setup: Register on eToro and complete the verification steps.
  2. Fund Your Account: Go to the 'Deposit' section on eToro and add funds from your Barclays Bank account.
  3. Select Currency and Payment Method: Choose 'GBP' and link your Barclays account.
  4. Invest in Cryptocurrency: Use eToro’s search tool to find and invest in your chosen cryptocurrency.
Buy Crypto with Barclays

What are the Fees?

Barclays Bank customers investing in cryptocurrencies should be aware of several fees. These include charges for deposits, withdrawals, transaction commissions, and the spread—the difference between the buying and selling prices.

For Barclays clients, eToro is a cost-effective option. It supports efficient deposit methods in GBP, such as Faster Payments and BACS, compatible with Barclays Bank accounts. eToro's variable spread fee is typically around 1%, which is often more economical than platforms like Coinbase, where fees can exceed 2%.

Is Barclays Bank Crypto-Friendly?

Barclays Bank supports cryptocurrency transactions, enabling its customers to securely engage with digital currencies within regulatory guidelines. The bank facilitates fund transfers through debit cards and bank transfers to Financial Conduct Authority regulated cryptocurrency exchanges but restricts purchases using credit cards to mitigate fraud risks.

This approach allows Barclays customers to invest in cryptocurrencies within a protected and regulated framework. By adhering to FCA standards, Barclays offers a reliable pathway for those looking to diversify their investments with cryptocurrencies, ensuring compliance with essential financial regulations.

About Barclays

Barclays Bank, a leading UK financial institution, offers diverse services such as personal banking, corporate banking, and wealth management. Known for products like Barclays Blue Rewards, Premier Banking, and Barclaycard, it provides tailored financial solutions. The bank's mobile app enhances digital banking, ensuring secure and seamless financial management. Barclays is committed to regulatory compliance and customer security, delivering a reliable banking experience.

Barclays Bank

Bottom Line

In summary, Barclays Bank provides a secure and regulated pathway for purchasing cryptocurrencies, including Bitcoin, Ethereum, and Solana. By facilitating fund transfers to trusted exchanges like eToro and offering multiple deposit options, Barclays ensures a reliable and efficient process for its customers to invest in digital assets.

This commitment to regulatory compliance and customer security makes Barclays a dependable choice for cryptocurrency investments.