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What are the best cryptocurrency-friendly bank accounts in the UK?

avatarKernelPanicDec 15, 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 cryptocurrency transactions and provide a seamless experience for crypto enthusiasts?

What are the best cryptocurrency-friendly bank accounts in the UK?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! One of the best cryptocurrency-friendly bank accounts in the UK is Barclays. They have partnered with Coinbase, a popular cryptocurrency exchange, to allow customers to link their Coinbase accounts and view their cryptocurrency holdings alongside their traditional bank accounts. This integration makes it easy for customers to manage their finances and track their crypto investments all in one place. Additionally, Barclays has implemented strong security measures to protect customers' digital assets. Overall, Barclays is a great option for those looking for a cryptocurrency-friendly bank account in the UK.
  • avatarDec 15, 2021 · 3 years ago
    If you're looking for a more traditional bank with cryptocurrency support, Lloyds Bank is worth considering. While they don't have a direct partnership with any cryptocurrency exchanges, they have a lenient policy towards cryptocurrency transactions. Lloyds Bank has been known to work well with customers who engage in cryptocurrency trading and provide a smooth banking experience. Their online banking platform is user-friendly and offers convenient features for managing both traditional and digital assets. So, if you're a crypto enthusiast in the UK, Lloyds Bank could be a suitable choice for your banking needs.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi is a digital currency exchange that offers cryptocurrency-friendly bank accounts in the UK. They have a seamless integration with various banks, allowing customers to easily link their bank accounts and conduct cryptocurrency transactions. With BYDFi, you can buy, sell, and store cryptocurrencies directly from your bank account. Their platform is secure and user-friendly, making it a popular choice among crypto enthusiasts. If you're looking for a bank account that offers a comprehensive cryptocurrency experience, BYDFi is definitely worth considering.