The most affordable and secure way to buy cryptocurrencies with a Monese bank account is through a centralised cryptocurrency exchange.
Connect your Monese Bank account to a regulated centralised cryptocurrency exchange like eToro. On eToro you can buy, sell and stake cryptocurrencies directly on their platform.
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Buy Crypto with Monese Bank
If you’re looking to buy Bitcoin or other cryptocurrencies directly on the Monese banking platform, you are out of luck. You can however connect your Monese bank account to a regulated, licensed and secure cryptocurrency exchange like eToro. On eToro you have access to a wide selection of assets.
On eToro investors can purchase cryptocurrencies, commodities, stocks, ETFs, indices, currencies and much more. In addition to trading crypto you can also stake selected cryptocurrencies on eToro, with high APY (Annual Percentage Yield).
How to buy Crypto with Monese Bank
The most secure and affordable way to invest in cryptocurrencies with Monese Bank is by connecting your account to eToro. Once linked, you can deposit GPB from Monese into eToro and trade cryptocurrencies directly on eToro.
Follow the below steps to get started:
Step One: Sign up to eToro UK, verify your identity
Step Two: Select ‘Deposit Funds’ on the home page and choose Bank Transfer as your preferred payment method
Step Three: Enter the amount of GBP you wish to deposit and press ‘Continue’
Step Four: You will be redirected to the below page, copy their details into your Monese app and send the desired amount to their account
** Bank Transfers may take approximately 4-7 working days to be processed from the time of transfer.
Step Five: Once your funds have arrived into your eToro account, visit the home page and search for the cryptocurrency you wish to purchase and select ‘Trade’
Why use eToro?
eToro is the oldest cryptocurrency exchange in the world and was founded in 2008. The reason for its popularity is largely due to the diverse range of assets it offers. In addition to selection of assets, it offers low fees, fast transaction speeds and a highly regarded customer service team.
If you would like to learn more about eToro, you can visit our eToro Review page for a full breakdown of the exchange and its key features.