Summary: For those who want to buy cryptocurrencies like Bitcoin and Ethereum with Vanquis Bank, we recommend using eToro and Uphold. These exchanges are regulated in the UK & EU and are suitable for beginners and intermediate traders who look for a safe and beginner-friendly platform buy crypto. Get started today by signing up (only takes a few minutes) and deposit money via bank or credit/debit card transfer. Invest in crypto easily and without any worries!
+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
While Vanquis Bank doesn’t offer crypto trading on its own platform, you can use your account to transfer funds to a third-party exchange. There are plenty of crypto exchanges to choose from, we recommend using Uphold and eToro as they are both FCA-regulated, beginner-friendly, and offer great support.
Step one is signing up for a cryptocurrency exchange. Once done you can deposit GBP from your bank account free of charge. Usually, your funds will arrive in one business day and then you are off to the races.
1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your Vanquis account or credit/debit card
3. Start Buying: Once your deposit has arrived in your account
Vanquis Bank's unofficial cryptocurrency policy is like most other banks. If you use an FCA-regulated cryptocurrency exchange, you are free to deposit and withdraw fiat currencies. From that point of view, Vanquis is crypto friendly.
Vanquis Bank was established in 2007 and is a subsidiary of Provident Financial Group. They offer financial services to people whose credit scores often exclude them from mainstream banks. Services like credit cards, loans, and savings to over 1.7 million customers.
They are headquartered in London and have over 1,000 employees across the UK. And if we are to trust their Trustpilot score of 4.5 with 27,000 reviews, they are doing a pretty good job serving the underserved.
+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