List of Crypto Friendly Banks in the UK

The Earn program, although technically a fixed-term deposit product rather than traditional staking, offers competitive APYs and flexible or fixed durations (Crypto.com, 2025). For example, stablecoins like USDC can yield between 3% and 10% APY depending on staking duration and the user’s CRO holdings. For example, ETH2.0 currently offers 3–6% APY, while DOT and SOL may yield even higher (Kraken, 2024).

A Chance of Reconciliation: The UK Government Is Set to Regulate Cryptocurrencies

Although, as is the case with every bank wanting to adhere to FCA regulations, they will block payments to and from high-risk crypto exchanges. For example, after The Financial Conduct Authority issued a consumer warning on Binance, they stopped payments to the crypto trading platform. Cashaa is designed with crypto businesses in mind, offering a comprehensive platform for firms that have struggled to secure banking services from mainstream banks. If you’re in the crypto sector and need reliable, compliant banking, Cashaa could be a strong alternative. It allows you to seamlessly manage fiat (GBP, EUR, USD, INR) and crypto (BTC, ETH, USDT, etc.) within one platform, making it a one-stop shop for businesses in the crypto space.

• However, if your business requires more flexibility or deeper integration with crypto services, you may find NatWest’s offering too limiting.
• The service even allows you to automate your purchases of Bitcoin and Ethereum, making it a less involved activity.
• And most importantly, never forget that cryptocurrencies are an extremely volatile asset — and you could end up losing a substantial amount of your investment.
• However, it’s important to note that crypto is not integrated into the app—there’s no in-app trading or wallet functionality.

RBS and NatWest

Designed from the ground up to support blockchain-powered finance, Juno offers a robust suite of services that go well beyond what traditional UK high street banks can provide. For businesses or investors who are deeply involved in the crypto space, it’s a game-changer. But keep in mind, it’s not a traditional bank, so while it offers unique opportunities, it also comes with some limitations. If your firm prioritises security and compliance, and you don’t need to dive deep into the crypto space, Nationwide is a solid choice for staying within the bounds of traditional banking. As of 16 March 2023, RBS has introduced caps on crypto-related Faster Payments and debit card transactions for business accounts. Additionally, RBS prohibits using credit or charge cards for crypto purchases, citing fraud risk concerns.

The bank offers its customers and clients to buy cryptos and sell them accordingly. Recently, it was revealed that the FCA is seeking data on the number of customers who have experienced account denials and terminations in connection with their crypto assets. There’s also a new travel rule in which customers must provide information on the collection, verification, and sharing of important information pertaining to crypto asset transfers. It has been offering its services to crypto-users for a while now, although it is only available in 1% of its branches.

What Is Crypto? How do Cryptocurrencies Work?

Another plus, its fees are lower than its competitors, who offer similar safe, secure crypto wallets. At the moment, it is legal to buy Bitcoin and other cryptocurrencies through a bank account in the UK. However, since the use of list of crypto friendly banks in the uk crypto has been linked to incidence of fraud and money laundering, many banks still shy away from digital trading. Some have even banned the purchase of crypto via debit and credit cards.

Evaluate Transaction Fees and Limits

Some cases have also revealed that the bank restrains its customers from deposits or withdrawals. With so many new regulations coming into place, financial freedom of those investing in crypto is only going to keep coming into question. It’s not just crypto restrictions that have put banks in the spotlight. Many financial institutions have begun incorporating tighter restrictions on other aspects of their policies over the last year. They are also one of the biggest names in the banking industry, and they have been accepting crypto-customers for a while now. They support both major cryptocurrencies like Bitcoin and Ethereum.

• While some banks won’t stand in your way when dealing with crypto platforms, others will make it a point to do so.
• Take time to evaluate your options and select the platform that aligns with your goals.
• This feature enables you to fund your crypto investments directly from your bank account.

In the majority of cases, clients report their transactions not going through successfully. Furthermore, there have been reports of the bank freezing accounts following such instances. It would then follow up with a call, asking customers about their activity and intentions.

Beste Wege, um im Juli 2025 kostenlos Cryptocurrency zu verdienen

It is a full-fledged bank that serves more than 2 million customers. Customers can choose from three different account types (e.g., Standard, Premium, Metal) and get a UK account number. Account holders can execute SWIFT and SEPA transfers on the platform.

What investment options could be accessed theoretically by customers of crypto banks around the world?

Our community’s shared experiences and votes help you identify the best cryptocurrency banks for your unique situation. Right now, payments to exchanges are capped at £1,000 per transaction, and a total of £3,000 per month. This applies to mobile, online and telephone banking, as well as payments made in branches.

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However, it’s important to note that Monese is more crypto-permissive than crypto-proactive, so you may occasionally face flags or transaction delays due to its risk checks. If you’re a side hustler or small business with occasional crypto needs, Monese offers a hassle-free, flexible solution without going full crypto. Wirex is an all-in-one platform for those who navigate fiat and digital currencies. Whether you want to spend crypto directly, earn passive rewards, or simply manage both worlds seamlessly, Wirex has built a comprehensive toolkit for crypto-savvy users.