Safe & Easy Way To Buy Crypto With Bank of Scotland

Mike Harry
Feb 2023
4 min to read
Fact checked

Summary: Customers Bank of Scotland who want to buy cryptocurrencies like Bitcoin have to signup to regulated exchanges like eToro and Uphold. The signup process only takes a few minutes and funds can then quickly be deposited via bank deposit or card transfer. We recommend using eToro and Uphold as these are excellent options for new investors who also want to have the safety of FCA-regulations. Investing in cryptocurrencies has never been this safe and easy!

eToro

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eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+250 Cryptos & Staking

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Regulated in the US, EU & UK

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Crypto assets are high risk and not regulated.
Capital at risk.

Can I buy crypto or Bitcoin with Bank of Scotland? 

Customers of Bank of Scotland who want to buy and sell cryptocurrencies have to use third-party cryptocurrency exchanges. 

How to buy crypto and Bitcoin with Bank of Scotland

Similar to most banks, Bank of Scotland does not have the infrastructure in place for people to buy and sell cryptocurrencies. If you wish to buy Bitcoin or other cryptocurrencies, you should use FCA-regulated exchanges like Uphold and eToro.

 

Signup in two minutes

1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your Bank of Scotland account or credit/debit card
3. Start Buying:
Once your deposit has arrived in your account

Buy Crypto with Bank of Scotland and eToro
Buy Crypto with Bank of Scotland and eToro

Bank of Scotland cryptocurrency policy

Bank of Scotland does not have a stated cryptocurrency policy but in short, it’s similar to most other regulated banks. You are free to deposit and withdraw to and from regulated cryptocurrency exchanges. 

Is Bank of Scotland crypto friendly? 

Bank of Scotland doesn’t have any policies that prohibit customers from using licensed cryptocurrency exchanges.

About Bank of Scotland

Bank of Scotland website
Bank of Scotland website

Bank of Scotland is Scotland's oldest bank and should not be confused with the Royal Bank of Scotland (RBS). Bank of Scotland was founded in 1695 and today has over 300 branches and 20,000 employees. It is part of the Lloyds Banking Group and serves over 2.8 million customers. The bank has over $17 billion in revenues and $360 billion in total assets. Bank of Scotland ranks 9 in the UK in terms of quality of service.

Bank of Scotland Quality of Service
Bank of Scotland Quality of Service
eToro

+80 Cryptos & Copy Trading

Virtual Demo Portfolio

Fast & Cheap Deposits

FinCEN & FINRA Regulated

Visit eToro
eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
Uphold

+250 Cryptos & Staking

Fast & Cheap Deposits

100% Proof Of Reserves

Regulated in the US, EU & UK

Visit Uphold
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.

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