How to buy Bitcoin or Crypto with Shawbrook Bank

Mike Harry
Feb 2023
3 min to read
Fact checked

Summary: Customers of Shawbrook Bank who want to buy cryptocurrencies like Bitcoin have to use regulated third-party exchanges like eToro and Uphold. These exchanges are both FCA-regulated and easy to get started with. Once you have signed up, you will have 100s of cryptocurrencies like Bitcoin and Ethereum to choose from. You can get started right away by signing up (only takes a few minutes) and then making your first deposit either via bank transfer or with your credit/debit card. Investing in crypto just got a whole lot simpler and safer!

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eToro USA LLC: Investments are subject to market risk.
Including the possible loss of principal.
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Crypto assets are high risk and not regulated.
Capital at risk.

Can I buy Crypto or Bitcoin with Shawbrook Bank? 

As Shawbrook Bank doesn’t offer crypto trading services directly, you can instead buy from a third-party crypto exchange like eToro and Uphold.

How to buy crypto with Shawbrook Bank?

The best way is to signup to regulated exchanges like eToro and Uphold. With them you can do fast and in many cases free bank deposits. They offer a good variety of cryptocurrencies and beginner-friendly websites that are easy to use.

Signup in two minutes

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

Buy Crypto with Shawbrook Bank and eToro
Buy Crypto with Shawbrook Bank and eToro

Shawbrook Bank cryptocurrency policy

Like most UK banks, Shawbrook does not have an explicit cryptocurrency policy. Instead, they follow legal requirements that are imposed on regulated banks. Having said that, you can safely deposit and withdraw funds to a regulated cryptocurrency exchange as a Shawbrook Bank account holder. From that point of view, Shawbrook is crypto-friendly.

About Shawbrook Bank

Shawbrook Website
Shawbrook Website

Shawbrook Bank is a retail and commercial bank founded in 2011 in Brentwood, UK. Shawbrook provides personalized lending and savings products to over 300,000 active customers. Shawbrook Bank had total assets of over £11 billion in 2021 and profits of £150 million and offers financial products such as:

  • Savings accounts
  • Personal loans
  • Mortgages loans
  • Business loans
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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