Can I buy Crypto with Moneyfarm?
No, Moneyfarm does not provide any options for its customers to invest in Cryptocurrencies through their Stocks & Shares (ISA), Private Pension (SIPP), General Investment Account, or Junior ISA account. As a result, Crypto investors must seek out another platform that offers digital assets and is authorized and regulated by the UK Financial Conduct Authority (FCA).
How to buy Crypto or Bitcoin with a Moneyfarm Alternative?
The best alternative for purchasing Cryptocurrencies in Europe or the United Kingdom is the Uphold exchange. Uphold is authorized and regulated by the Financial Conduct Authority (FCA), meaning that it follows strict rules and regulations to protect customer funds, ensure fair trades, and provide excellent customer service.
Uphold offers the best range of crypto products for investors in the UK including over 250 cryptos to buy, sell, stake and trade. Here's how to get started:
- Create an account: Sign up for Uphold and complete the verification process.
- Fund your account: Use the "Deposit" feature to add funds via bank transfer, debit/credit card, or other supported options.
- Find Crypto: Browse through the available Cryptocurrencies and select the one you want to purchase.
- Execute your trade: Input the amount you want to buy and confirm the trade.
Moneyfarm is a fintech company that offers an online investment management service. Established in 2011 and based in London, England, Moneyfarm serves individuals and institutions in the UK, Italy, and Germany. The platform enables users to invest their funds in a portfolio of ETFs, using a diversified investment strategy to maximize returns and minimize risk. With over 100,000 customers and £2 billion in assets under management, Moneyfarm has received several awards, including the "Best Online Investment Service" at the 2017 British Bank Awards. The company is authorized and regulated by the Financial Conduct Authority (FCA).
In conclusion, while Moneyfarm does not offer its customers the ability to invest in cryptocurrencies, there are alternative platforms that offer digital assets and are regulated by the UK Financial Conduct Authority (FCA). One of the best alternatives in Europe or the UK is the Uphold trading platform. Uphold is a regulated platform that offers a wider range of products, with a variety of cryptocurrencies available for trade, as well as stocks, ETFs, commodities, and more.