The Best Way To Buy Bitcoin & Crypto With Paragon Bank

Mike Harry
Feb 2023
3 min to read
Fact checked

Summary: The best way to buy cryptocurrencies like Bitcoin and Ethereum with Paragon Bank is to signup to regulated exchanges like eToro and Uphold. Both exchanges are regulated by FCA in the UK and offer a great starting point for new crypto investors. Signup today and begin trading popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and many others. Invest in crypto safely and securely!

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

Can I buy crypto or Bitcoin with Paragon Bank? 

Yes, by connecting your Paragon Bank account to regulated exchanges like eToro and Uphold.

Buy crypto with Paragon Bank

The first step is to signup for a cryptocurrency exchange. You can then deposit GBP, EUR or USD from your bank account. Bank deposits are in many cases free of charge and the funds usually arrive in one business day.

Signup in two minutes

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

Buy Crypto with Paragon Bank and eToro
Buy Crypto with Paragon Bank and eToro

Paragon Bank cryptocurrency policy

While Paragon does not have an official policy on cryptocurrencies, its customers can buy and sell cryptocurrencies through regulated third-party platforms. And like many other banks in the UK, they provide some basic common sense advice to their clients when it comes to crypto.

 

Is Paragon Bank crypto friendly? 

Paragon is crypto-friendly in the sense that they don’t restrict their clients from depositing or withdrawing funds from regulated exchanges.

About Paragon Bank

Paragon Bank Website
Paragon Bank Website

Paragon Bank was founded in 1985 in Solihull, United Kingdom. Today they are one of the UKs largest providers of mortgages and personal loans. The bank has over £13 billion of loans under management and over £9 billion of savings deposits. In 2021 the bank had revenues of over £320 million.

Their over 1,400 employees take care of over 1.5 million FSCS protected accounts across the UK. The bank also bolsters some impressive awards:

Paragon Bank Awards
Paragon Bank Awards
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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