Can I buy Crypto or Bitcoin with Sainsbury's?
The Sainsbury's online banking platform does not support cryptocurrency infrastructure like digital asset wallets or trading platforms. This means that customers will need to deposit GBP into a third-party exchange that is licensed and regulated by the Financial Conduct Authority (FCA).
The best way to buy cryptocurrencies like Bitcoin with Sainsbury's Bank is by going through Uphold. Uphold is a multi-asset investing platform that offers over 210 cryptocurrencies to buy and sell. To learn more about this exchange, visit our detailed Uphold Review.
Buying Crypto with Sainsbury's Online
The easiest way to buy Crypto online with a Sainsbury's account is with Uphold. Their platform is licensed by the FCA and they offer fast and cheap GBP deposits from Sainsbury's Bank. You can trade Crypto, Shares, Commodities, Metals, Fiat Currencies and more on their exchange.
Get started in minutes with this short guide:
- Sign Up: Create a free account on Uphold with your email address and complete the verification process.
- Connect Account: Connect your Sainsbury's Bank account or card by selecting the fiat currency you want to transfer.
- Deposit Funds: You can then select the 'connect bank' button to link your UK Bank account to Uphold.
- Buy Cryptocurrency: Select the cryptocurrency you want to buy and execute your trade.
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Sainsbury's Cryptocurrency Policy
Sainsbury's Bank is a crypto-friendly institution that allows its customers to deposit and withdraw GBP from a licensed digital asset trading platform. Their policies only state that customers may face problems if they are depositing funds into unregulated off-shore platforms like Binance or BitMex.
This is why we recommend that you stick with local trading platforms like Uphold that have good compliance in the UK.

What is Sainsbury's Bank?
Sainsbury's Bank is a financial institution that offers banking and lending products and services to individuals, businesses, and organisations. The bank has a network of branches across the United Kingdom and also offers online banking services.
The bank offers a range of products including savings accounts, credit cards, personal loans, and mortgages. The bank also offers insurance products such as home, travel, and pet insurance. Sainsbury's Bank is a subsidiary of Sainsbury's, a leading UK supermarket chain.