Summary: Customers of Nutgmeg who wish to buy cryptocurrencies like Bitcoin have to use regulated exchanges like eToro and Uphold. While you can't buy crypto directly through Nutmeg, you can deposit funds by connecting your bank account or debit/credit card. We recommend using eToro and Uphold as these are regulated and beginner-friendly exchanges that are easy to get started with. You can get started right away by signing up and making your first deposit via bank deposit or with your credit/debit card. Investing in crypto just got a whole lot simpler and safer!
+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
Nope, but you can transfer funds via bank or card transfer to a third-party exchange. There are many exchanges to choose from, we recommend using Uphold and eToro as they are both FCA-regulated, offer a wide variety of cryptos, and are easy to use.
Step one is signing up for a cryptocurrency exchange. Once done you can do a GBP bank or card deposit which usually arrives within one business day. Once your funds have arrived you can buy Bitcoin (BTC), Ethereum (ETH), Solana (SOL) or any other cryptocurrency that you are bullish on.
1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your Nutmeg account or credit/debit card
3. Start Buying: Once your deposit has arrived in your account
What is Nutmeg's position on crypto? Let's find out.
At the time of writing Nutmeg does not offer any way for their clients to gain exposure to the cryptocurrency market.
Nutmeg makes makes investment decisions on behalf of its customers and is not a trading platform where you can buy and sell cryptocurrencies.
At the time of writing, Nutmeg does not offer any way to invest in cryptocurrencies. Nutmeg has expressed its thinking regarding cryptocurrencies like Bitcoin in the following way:
"Bitcoin and cryptocurrency remain an intriguing space. Bitcoin’s extreme price volatility continues to make it attractive to short-term investors who can afford to tolerate extremely elevated levels of risk. At the heart of Nutmeg’s investment position on cryptocurrency is whether the current crop of coins can achieve the aim of providing a viable alternative to fiat money. This article has endeavoured to show that is by no means clear."
Nutmeg was founded in 2011 by Nick Hungerford and is today the largest digital wealth manager in the UK. The company is regulated by the Financial Conduct Authority but it's not a traditional platform to trade on. instead, the company makes investment decisions on behalf of its customers.
Nutmeg specialize in general investment accounts, stocks, share ISAs, and pensions and enables users to create, manage, and monitor their own portfolios of investments. Nutmeg Investing offers a wide range of investment options, including stocks, funds, exchange-traded funds (ETFs), bonds, and mutual funds. The platform also offers a range of pre-built portfolios tailored to different risk profiles
All of its portfolios have a flat management fee, regardless of the size of the portfolio. Nutmeg Investing is a good option for those who want to benefit from the expertise of an experienced team of professionals.
Nutmeg have 200,000 clients, a total of £4.5 billion in assets and was acquired by JP Morgan in 2021 for an undisclosed sum. At the time of writing, Nutmeg has a 3.8 Trustpilot rating with 1,300 reviews.
+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