Summary: The best way to buy Cryptocurrencies with a Nationwide online banking account in the United Kingdom is through a Financial Conduct Authority (FCA) licensed exchange.

We recommend a platform like eToro that is FCA-licensed and offers fast and cheap GBP deposits from Nationwide Bank to trade thousands of Cryptos, Stocks, ETFs and more.

Platform Highlights
  • Fast and cheap GBP deposits from any UK Bank.
  • Licensed by the Financial Conduct Authority (FCA) and ESMA.
  • 80+ Cryptos and over 8,000 Stocks, ETFs & Commodities.

78% of retail CFD accounts lose money.

Table of Contents

Can I buy Crypto with Nationwide Bank?

Nationwide Building Society and the Nationwide online banking platform do not offer any services for their customers to directly buy cryptocurrencies like Bitcoin and Ethereum.

Instead, customers will need to deposit GBP from their Nationwide account into a Financial Conduct Authority (FCA) regulated exchange in the UK.


How to buy Crypto with Nationwide Online Banking

The easiest way to buy Cryptocurrencies from your Nationwide online banking account is with the eToro UK platform. They offer fast and cheap GBP deposits for UK residents to buy and sell Cryptocurrencies, Stocks, ETFs, Commodities, and much more.

To get started from your Nationwide login, follow this simple guide:

  • ‚Äć‚Äć‚ÄćStep 1: Sign up to the eToro UK trading platform and verify your account.‚Äć
  • Step 2: Select the 'Deposit Funds' button on the bottom left of your eToro trading dashboard.‚Äć
  • Step 3: Select 'Bank Transfer' as your deposit method, and 'GBP' as your fiat currency.‚Äć
  • Step 4: Login into your Nationwide Online account and transfer GBP to the unique direct deposit details shown to you on the next screen. Your deposit details will be different from the example shown below.‚Äć
  • Step 5: Once the GBP arrives in your account, you will be able to buy and sell any cryptocurrency or stock listed on the eToro platform.
Deposit GBP from Nationwide Bank with eToro UK to buy Cryptocurrencies.

Is Nationwide Crypto-Friendly?

Nationwide Bank has crypto-friendly banking policies that enable its customers to safely deposit and withdraw funds from licensed exchanges. This means that you will need to avoid off-shore exchanges that are not licensed by the Financial Conduct Authority (FCA) and stick to platforms like eToro.


What is Nationwide Building Society?

Nationwide Building Society is a United Kingdom building society, and the second largest in the UK based on total assets. It has its headquarters in Swindon, England. With over 15 million members, it is also the UK's largest mutual organisation.

Nationwide Bank

The society offers a range of financial services including savings accounts, current accounts, mortgages, loans, credit cards and insurance products. It is a member of the Building Societies Association and the Council of Mortgage Lenders.

Nationwide Building Society was formed in 1884 by Edward Hill & Co., an estate agency in Northampton established by brothers Edward and John Hill, as The Nationwide Counties Permanent Building Society. Until April 2013 it was called the Nationwide Mutual Building Society; after a period of rapid growth in the 1980s when it bought numerous other societies, it demutualised and became a public limited company called Nationwide Building Society.

The society is the result of multiple previous mergers and consolidations of building societies. Among its predecessors are Yorkshire Penny Bank (1923), Leeds Permanent Building Society (1964) and Anglia Building Society (1987).

Visit eToro UK

Crypto assets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.

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