Home
»
Crypto Banks
»
How to buy Crypto with Trading 212

How to buy Crypto with Trading 212

Adrian Graham
Fact Checked
Jul 30, 2022

Summary: Trading 212 recently suspended Cryptocurrency trading on their platform. This means you will need to use an alternative multi-asset brokerage like eToro that offer Cryptocurrencies, Stocks, ETFs, Commodities and more for low fees.

Table of Contents

Platform Highlights

Can I buy Crypto with Trading 212?

Trading 212 customers cannot directly buy Cryptocurrencies like Bitcoin or Ethereum on their trading platform. The Trading 212 App only allows you to buy Crypto-related stocks & ETFs, which generally underperform the underlying assets like BTC and ETH.

This is why we recommend you check out alternative offerings like eToro that offer native services like Crypto Trading, Crypto Wallets and Crypto Staking.

How to buy Digital Assets with an Alternative Platform to Trading 212

The easiest alternative for Trading 212 users in the United Kingdom, Europe, Australia, or abroad is the eToro trading platform. They are a globally regulated & licensed trading platform that allows you to buy, sell and trade Cryptocurrencies and several other asset classes.

You can get started with this simple guide:

  • Step 1: Sign up to the eToro trading platform.
  • Step 2: Select the 'Deposit Funds' button at the bottom of your eToro Dashboard.
  • Step 3: Select the Fiat Currency you want to deposit, and your preferred payment method (Bank Transfer, Credit Card/Debit Card or PayPal).
  • Step 4: Once the fiat arrives in your account, you will be able to buy any asset available on the platform.
Buy Crypto Trading 212

When you finish buying your first Crypto on their platform, it will automatically be stored in your eToro managed wallet. You can withdraw the Crypto to a personal wallet, or keep it in the eToro wallet for safe custody.

Will Trading 212 ever offer Cryptocurrency?

It is unlikely that Trading212 will offer cryptocurrency trading in the future, given that they have just suspended digital assets. This means that customers will need to use an alternative platform, or be left behind as the asset class continues to grow exponentially with DeFi, NFTs, and the Metaverse gaining rapid adoption.

About Trading 212

Trading 212 is a UK-based multi-asset brokerage that offers commission-free stock trading, ETFs, and forex. The company was founded in 2004 and has since grown to serve millions of customers across Europe and the UK.

Trading212

The Trading 212 app is available on iOS and Android, and the platform supports several languages including English, French, German, Italian, Spanish, and more. Investors can trade over 2,000 stocks and ETFs commission-free on the Trading 212 platform. The company also offers a range of other products including commodities, indices, and forex.

Trading 212 is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, and by CySEC in Cyprus. The company is also a member of the London Stock Exchange.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

Twitter
View Posts