EN
Summary: Clients of Coutts who want to buy cryptocurrencies like Bitcoin have to use regulated third-party exchanges like eToro and Uphold. These are beginner-friendly exchanges that are safe to use as they are regulated by FinCEN. With these exchanges, you can quickly and safely buy Bitcoin (BTC), Ethereum (ETH), and many other cryptocurrencies. They are perfect for beginner to intermediate traders who look for a simple way to invest in 100s of cryptocurrencies. You can get started right away by signing up and making your first deposit via bank or credit/debit card transfer.
+80 Cryptos & Copy Trading
Virtual Demo Portfolio
Fast & Cheap Deposits
FinCEN & FINRA Regulated
+250 Cryptos & Staking
Fast & Cheap Deposits
100% Proof Of Reserves
Regulated in the US, EU & UK
Not directly, but you can deposit funds to third-party exchanges like Uphold and eToro. They are both FCA-regulated and easy to use.
Step one is to signup up for a cryptocurrency exchange. Then you can deposit GBP via bank or card deposit. The funds normally arrive within one business day. We recommend using Uphold and eToro because they are regulated, easy to use and offer a wide range of cryptocurrencies.
1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your Coutts account or credit/debit card
3. Start Buying: Once your deposit has arrived in your account
Coutts is crypto-friendly in the sense that they allow customers to link their accounts to FCA-licensed exchanges. Coutts does not have an explicit policy on cryptocurrencies but we can get some exposure to their thinking through articles they have written on the topic. Mohammad Kamal Syed, Head of Asset Management, Coutts & Co wrote,
“Bitcoin is an entirely speculative asset, It has no intrinsic value in itself, and no real connection to the general economy. Other ‘stores of value’, like gold, have a well understood relationship to economic conditions and, particularly, inflation, based on a track record going back thousands of years. How Bitcoin is influenced by underlying economic conditions – if at all – is not well understood.”
Coutts is one of the oldest private bank and wealth manager in the world. It was founded in 1692 and is today part of NatWest wealth management division. Coutts help their clients with wealth management and offer online Individual Savings Accounts (ISAs). Coutts is a wealth manager to a wide range of high-net-worth clients such as entrepreneurs, entertainers, sportsmen, professionals and executives.
Cash deposits held with Coutts & Co are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS). Coutts has over 2,500 employees, revenues of £690 million with over £34 billion in total assets.
+80 Cryptos & Copy Trading
Virtual Demo Portfolio
Fast & Cheap Deposits
FinCEN & FINRA Regulated
+250 Cryptos & Staking
Fast & Cheap Deposits
100% Proof Of Reserves
Regulated in the US, EU & UK
350+ Cryptocurrencies
Low trading fees (0.1%)
Wide Crypto Product Range
125X Derivatives Leverage
+350 Cryptocurrencies
Low Trading Fees (0.8%-0.1%)
Spot, Perps, Margin, Options
125 Maximum Leverage
