Summary: Aqua provides its cardholders the opportunity to delve into Bitcoin and other cryptocurrencies by allowing deposits to licensed digital asset exchanges. We recommend using a trading platform that is overseen by the FCA and supports British Pound (GBP) deposits, as Aqua Card does not directly offer crypto trading through its online platform or mobile app.
Based on our detailed analysis, Kraken is the top choice for Aqua Card holders, charging no fees on GBP deposits. It boasts a vast range of over 200 cryptocurrencies for both trading and staking. Situated in London and compliant with FCA regulations, Kraken facilitates quick deposits, including those made with Aqua Card.
- Free and instantaneous GBP deposits from Aqua Credit Cards.
- Trade and stake over 200 cryptocurrencies with industry-leading fees and tight price spreads.
- Founded in 2011 and is one of the most trusted global exchanges with over 9 million users.
Kraken is a Financial Conduct Authority (FCA) licensed and regulated digital asset exchange that operates locally (FRN 928768).
Can I Buy Bitcoin with Aqua Card?
Yes, if you have an Aqua Card, you can purchase Bitcoin and other cryptocurrencies. You can do this through various trustworthy digital asset exchanges in the United Kingdom that comply with the guidelines set by the Financial Conduct Authority (FCA). With Aqua, you can effortlessly convert your British Pounds (GBP) or utilise the card directly to execute the transaction.
How to Buy Crypto with Aqua Card
If you're keen on acquiring digital currencies using your Aqua Card, consider Kraken as a reliable exchange option. Based in London and regulated by the Financial Conduct Authority (FCA), Kraken offers easy and fee-free GBP deposits via Aqua Card. You can fund your account through Faster Payments, bank transfers, Aqua Card debit transactions, credit card payments, and more.
Here's a straightforward guide to assist you in this endeavor:
- Create an Account: Begin by signing up on Kraken. Ensure you undergo the necessary identity verification, regardless of whether you're signing up as an individual or a business.
- Choose Currency: Once inside the Kraken platform, pick your preferred deposit currency, like GBP.
- Deposit Funds: Decide on your favored payment method, whether Faster Payments, a bank transfer, or using your Aqua Card, and complete your deposit.
- Buy Cryptocurrency: The last phase involves choosing the cryptocurrency you're interested in and finalising your purchase.
Aqua Cryptocurrency Policy
Aqua Card adopts a well-measured stance on cryptocurrencies, marrying financial advancement with judicious contemplation. Cardholders are invited to delve into digital assets via platforms like Kraken, which adhere to the guidelines set by the Financial Conduct Authority (FCA) in the UK, functioning under Payward Ltd., and is acknowledged as an FCA-regulated Cryptoasset Entity (FRN 928768).
By adopting this policy, Aqua Card seeks to enlighten cardholders about potential risks within the conventional banking domain while also presenting avenues to broaden their portfolios with Bitcoin and other digital assets. Such a method shows Aqua Card's dedication to financial progression and conscientious banking.
What is Aqua?
Aqua is a UK-based financial services provider specialising in credit cards for individuals with poor or no credit history. Established in 2002, Aqua offers two primary credit card options: the Aqua Classic and the Aqua Reward. The Aqua Classic caters to those seeking a basic credit card with a minimal annual fee and a higher interest rate. On the other hand, the Aqua Reward targets customers interested in a premium card with a larger annual fee and a more competitive interest rate.
In addition, Aqua provides a mobile app enabling users to efficiently manage their accounts, process payments, and monitor expenses. As a prominent provider of credit cards for people with bad credit in the UK, Aqua has supported thousands of customers in enhancing their financial circumstances. To further assist clients, Aqua's website features an array of resources, such as a payment calculator, credit counseling, and a dedicated customer service hotline.
To summarise, Aqua embraces the digital currency era by allowing its users to invest in over 200 cryptocurrencies, including Bitcoin, via FCA-regulated platforms such as Kraken. Although Aqua does not handle crypto trading directly, it ensures seamless GBP transfers without additional costs and provides multiple transaction payment options.
This collaboration signifies Aqua's dedication to financial advancement while also endorsing secure banking by directing users to safe and regulated platforms. Whether you're just starting out or are an experienced trader, Aqua and Kraken simplify the process of purchasing crypto in the UK, making it transparent and user-friendly.