Summary: Trading 212 has recently suspended crypto trading, which means you cannot buy, sell or trade digital assets on their platform. UK investors must use a licensed and regulated cryptocurrency exchange and deposit GBP to convert it for tokens like Bitcoin. Selecting a platform regulated by the FCA in the United Kingdom is crucial for asset security.

After comprehensively evaluating top-performing crypto exchanges in the UK, our team has determined that Bybit is the best option for Trading 212 users. Bybit provides British investors with free and instant GBP deposits through several payments to trade over 770 cryptocurrencies with competitively low investment fees.

Table of Contents

Can I Buy Bitcoin with Trading 212?

As mentioned earlier, Trading 212 does not support direct cryptocurrency purchases on its platform due to a recent suspension of trading services. Trading 212 users should register with a licensed cryptocurrency exchange in the UK to buy cryptocurrencies. It’s crucial to use a digital asset exchange regulated by the FCA to adhere to the United Kingdoms' regulations surrounding digital currencies.

How to Buy Bitcoin or Crypto with Trading 212

The easiest alternative for Trading 212 users in the United Kingdom, Europe, Australia, or abroad is Bybit. The exchange offers free and instant GBP deposits in several payment methods, such as Zen, Advcash, Bank Transfer, Credit Card, Debit Card and more.

Trading 212 customers can buy crypto with this easy guide:

  1. Create an Account: Register with Bybit and verify your email address.
  2. Deposit Money: Go to the ‘Buy Crypto’ tab and select a method of payment.
  3. Choose Currency: Pick GBP as your currency and find your cryptocurrency.
  4. Purchase Crypto: Input the amount you want to purchase and click ‘Buy’.
How to Buy Bitcoin or Crypto with Trading 212.
How to Buy Bitcoin or Crypto with Trading 212.

Trading 212 Cryptocurrency Policy

Trading 212 is crypto-friendly as it preciously offered digital assets like Bitcoin (BTC) directly on the platform, however, it has since removed these services. There have been no announcements as to whether or not they will resume the crypto trading feature in the future.

About Trading 212

Trading 212 is a revolutionary online brokerage platform established in 2006, which democratizes the financial market by offering a simplified and accessible avenue for retail investors. It provides a comprehensive suite of investment services such as Stocks, Forex, Commodities, and ETFs, available through a user-friendly and intuitive interface on desktop and mobile platforms. 

Known for its zero-commission stock trading, Trading 212 has empowered millions worldwide to invest in global financial markets. It offers tools for beginner and experienced traders, such as fractional shares, auto-investing, and sophisticated charting tools. Based in London and regulated by the Financial Conduct Authority (FCA), Trading 212 promotes transparent, secure, and responsible investing.

Final Thoughts

To recap, Trading 212 is a great platform for stock trading, ETFs, forex, and other assets. However, you must find an alternative broker or exchange if you want to buy cryptocurrencies like Bitcoin or Ethereum. Our recommendation for a secure cryptocurrency exchange is Bybit, as it provides a simple UI that allows for direct conversion of GBP to 770+ tokens with low fees from 0.1%.