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.

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
Table of Contents

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.

How to Buy Bitcoin and Crypto with Metro Bank

If you are looking to buy digital assets using your Metro Bank account, we recommend that you use a trusted and Financial Conduct Authority licensed exchange. Based on our analysis of the top brokers in the UK, we found that Uphold was the best way to get started with instant and free GBP deposit to trade over 250 cryptocurrencies. They are a London-based and FCA-licensed exchange that is trusted by over 10 million investors.

Follow the below steps to buy Bitcoin and crypto 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 Metro Bank

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 support direct cryptocurrency purchases, but customers can use FCA-licensed Uphold for secure and transparent crypto investing. Uphold offers free, instant GBP deposits for Metro Bank users and provides audited proof of 1:1 fund backing. While Metro Bank's official crypto stance is unclear, they aim to protect customers from untrustworthy exchanges.

Andrew Chen is a lead editor and auditor of content for Buy Bitcoin Bank, with a Masters of Computer Science and extensive knowledge in cryptocurrency and blockchain technology. He has helped ensure the accuracy and quality of the platform's educational resources for new and experienced investors in the crypto space.