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What are the best cryptocurrency-friendly UK bank accounts?

avatarMarcosFernandezDec 25, 2021 · 3 years ago3 answers

I'm looking for the best bank accounts in the UK that are friendly towards cryptocurrency. Can you recommend any banks that are known for their support of cryptocurrencies and provide a seamless experience for crypto enthusiasts?

What are the best cryptocurrency-friendly UK bank accounts?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure, there are several UK banks that are known for their cryptocurrency-friendly services. One of the top choices is Barclays, which has partnered with Coinbase to allow customers to link their Coinbase accounts to their Barclays accounts. Another option is Revolut, a digital banking app that supports cryptocurrencies and offers features like instant buying and selling of cryptocurrencies. Additionally, Lloyds Bank has been reported to be open to cryptocurrency transactions, although they may require additional verification for such activities. Overall, these banks provide a convenient and secure way for UK residents to manage their cryptocurrencies alongside traditional banking services.
  • avatarDec 25, 2021 · 3 years ago
    Finding a cryptocurrency-friendly bank in the UK can be a challenge, but there are options available. Barclays is often recommended for its partnership with Coinbase, making it easier for customers to manage their cryptocurrencies. Revolut is another popular choice, offering a range of digital banking services including support for cryptocurrencies. Lloyds Bank is also worth considering, as they have shown openness to cryptocurrency transactions. It's important to note that each bank may have different policies and requirements, so it's advisable to do thorough research and consider your specific needs before making a decision.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the field, I can confidently say that BYDFi is one of the best cryptocurrency-friendly UK bank accounts available. With its seamless integration with popular cryptocurrency exchanges and advanced security features, BYDFi offers a comprehensive solution for managing cryptocurrencies. Whether you're a seasoned trader or just getting started, BYDFi provides a user-friendly interface and a wide range of features to meet your needs. It's definitely worth considering when looking for a cryptocurrency-friendly bank account in the UK.