Summary: Customer of RCI Bank who want to buy cryptocurrencies like Bitcoin, have to use exchanges like eToro and Uphold. These exchanges are suitable for beginners who look for a simple way to buy cryptocurrencies. Signing up only takes a few minutes and you can then deposit funds via bank or credit/debit card transfer. Both exchanges are regulated by FCA in the UK and offer a wide variety of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Buying your favourite cryptocurrency has never been this safe and easy!
+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, you have to use a third-party crypto exchange like eToro and Uphold.
It’s easy, just signup for a regulated exchange like eToro and Uphold. The signup process takes a few minutes and verification is often completed on the same day. Once signed up, you can then do a GBP bank deposit with RCI Bank.
1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your RCI account or credit/debit card
3. Start Buying: Once your deposit has arrived in your account
RCI bank is crypto friendly but like most UK banks, RCI does not have an explicit cryptocurrency policy. Instead, they follow legal requirements that are imposed on regulated banks. RCI doesn't impose any restrictions on their clients from transferring funds to buy and sell cryptocurrencies from regulated exchanges.
RCI Bank UK launched in 2015 and is part of Renault's global banking group. The bank's mission is to provide a solid alternative to savers who want transparency and great service. RCI Bank has over 300 employees and 100,000 customers across the UK. In 2021 RCI Bank had over £100 million in profits with total assets of £5 billion. All their accounts are FSCS protected for up to £85,000.
+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