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How to Buy Bitcoin with Metro Bank

How to Buy Bitcoin with Metro Bank

Andrew Chen
Fact Checked
Feb 3, 2023

Summary: Metro Bank in the UK does not currently offer the option to purchase Cryptocurrencies directly through its online banking platform. Customers can deposit funds into an FCA-licensed digital asset exchange to buy and sell digital assets like Bitcoin.

We recommend using Uphold, as it is widely recognised as the most secure and transparent Crypto investing platform in the UK. It is an FCA-licensed exchange based in London and offers free and instant GBP deposits for Metro Bank account holders. It is the only platform that provides regularly audited proof of reserves which shows users funds are backed 1:1.

Table of Contents

Best Crypto Exchange for Metro Bank Customers

Platform Highlights

  • Buy and sell over 250 Cryptocurrencies with zero trading fees.
  • Stake over 20 tokens with APY (Annual Percentage Yields) up to 13%.
  • Regulated by the Financial Conduct Authority (FCA) in the UK.
Uphold - Metro Bank
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Audited Proof of Reserves
Audited Proof of Reserves

Can I buy Cryptocurrency on Metro Bank?

Unfortunately, Metro Bank does not currently support any features for users to directly invest in Bitcoin and other Cryptocurrencies on their platform. Most major banks in the UK and Europe are yet to implement a feature where their customers can buy crypto directly through their banking platform.

If you are looking to buy digital assets using your Metro Bank account, we recommend you use a trusted and FCA-licensed exchange like Uphold. Uphold is the most secure and affordable Crypto platform that supports over 250 tokens to buy and sell with zero trading fees. If you would like to learn more about this exchange, visit our detailed Uphold Review.


How to buy Bitcoin with Metro Bank

The best and easiest way to buy Bitcoin and other Cryptocurrencies with Metro Bank is by going through the Uphold exchange. They offer free deposit methods for their UK customers when depositing GBP or EUR. Follow the below steps to buy Bitcoin with Metro Bank.

  1. Open a free account on Uphold with your email address and complete the sign-up process.
  2. Connect your Metro Bank account or card by selecting the 'GBP' button on your dashboard.
  3. You can then select the 'connect bank' button to link your Metro account to Uphold.
  4. Find the Cryptocurrency you want to buy and execute your trade.
How to buy Bitcoin with Metro Bank.
How to buy Bitcoin with Metro Bank.

Is Metro Bank Crypto-Friendly?

Metro bank does not currently have any policies that would prohibit its users from trading any form of digital asset. Metro bank customers should not be concerned when investing in Crypto as there have been no reports of funds being frozen when transferring to a regulated exchange like Uphold.

They are yet to release an official statement on their Cryptocurrency stance but have stated that all transactions going in and out of Binance will not be approved. This has nothing to do with Crypto, they simply wish to protect their customers' assets from untrustworthy exchanges like Binance.

About Metrobank

Metro Bank is one of the leading banks that was founded in 2010. It offers a range of financial products and services, including personal and business banking, mortgages, loans, insurance, and investment services. The bank operates primarily through a network of branches located across the UK, with a focus on providing a high level of customer service and a convenient banking experience.

The bank is committed to technology-driven banking and offers a range of digital banking services, including online and mobile banking, to help customers manage their finances on the go. Metro Bank is dedicated to making banking simple, fair, and accessible for all and aims to provide a refreshing alternative to traditional banking institutions.

Metro Bank.
Metro Bank.

Final Thoughts

Metro Bank does not offer a direct way for customers to invest in Cryptocurrencies. The only way to buy Crypto is by going through an FCA-licensed exchange like Uphold. We recommend using Uphold because it offers an easy UI, zero fees, 24/7 customer support and staking options.

Andrew Chen

Former Bitcoin Maximalist turned multi-chain enjoyer. I hunt down the best yields across AVAX, Solana, Fantom and other networks.

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