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How to Buy Crypto with Virgin Money UK

How to Buy Crypto with Virgin Money UK

Alysha Jane
Fact Checked
Jan 10, 2023

Summary: Virgin Money does not currently offer cryptocurrency investing services through its online banking platform. That said, they do allow customers to withdraw funds from their bank account to a Financial Conduct Authority (FCA) licensed exchange to buy and sell digital assets.

Our top pick for Virgin Money customers in the UK is Uphold. They are a London-based exchange that is licensed by the FCA and offers instant and cheap GBP deposits from Virgin Money Bank. The platform offers over 200 cryptocurrencies with low fees and native crypto staking features to earn interest on deposits.

Table of Contents

Best Crypto Exchange for Virgin Money Bank

Platform Highlights

  • Trade 220+ Cryptos, Stocks, Fiat Currencies, Precious Metals and more from Virgin Money Bank.
  • Free and instant GBP deposits via Bank Transfer and SEPA.
  • Regulated and Licensed by the Financial Conduct Authority (FCA).
Uphold - Virgin Money Bank
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How to buy Crypto with Virgin Money

When investing in cryptocurrencies such as Bitcoin, Ethereum and Solana with a Virgin Money UK account you will need to go through a cryptocurrency investing platform like the Uphold exchange. Uphold is the best cryptocurrency exchange for UK citizens as they offer free and instant GBP deposits, low fees and a large selection of digital assets. In addition to cryptocurrency they also provide stocks, commodities, indices, currencies, ETFs and cryptocurrency staking.

You can get started from your Virgin Money account in minutes with our simple guide:

  1. Sign Up: Create an account on Uphold and complete your verification (personal or company).
  2. Connect Account: Select the currency you want deposit on the Uphold Platform (GBP + 30 more).
  3. Deposit Funds: Connect your Virgin Money Bank account to quickly deposit your selected fiat currency.
  4. Buy Crypto: The final step is to find the cryptocurrency you want to buy and execute your trade.
Deposit GBP Instantly from Virgin Money UK.

Is Virgin Money Crypto-Friendly?

Yes, Virgin Money is a crypto-friendly bank that allows customers to buy and sell digital assets through Financial Conduct Authority regulated exchanges. This means that customers do not need to be concerned about the bank freezing or blocking withdrawals when using licensed exchanges like Uphold, Coinbase, Kraken and other reputable platforms.

About Virgin Money

Virgin Money is a UK-based bank offering a range of financial services including credit cards, savings, mortgages, and insurance. It is a subsidiary of the Virgin Group, which is owned by Sir Richard Branson. Virgin Money was founded in 1995 and has since grown to become one of the leading financial service providers in the UK. The company is headquartered in Edinburgh, Scotland.

Virgin Money is regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). This means that it is safe to use Virgin Money products and services. They offer a wide range of financial products and services to its customers. These include credit cards, savings accounts, mortgages, and insurance. The company also offers a range of business banking services.

Virgin Money UK

Their company has a strong focus on customer service and aims to provide a simple, transparent, and fair experience for its customers. The company has won numerous awards for its products and services.

If you're looking for a UK-based financial institution that offers a wide range of products and services, then Virgin Money could be a good option for you.

Final Thoughts

Virgin Money is a great choice for buying and selling cryptocurrencies in the UK. They allow customers to connect their accounts to regulated exchanges like Uphold and Coinbase, providing extra security for their investments. Customers can also use their Virgin Money account to deposit funds into these exchanges instantly and with low fees.

Alysha Jane

I am a Finance graduate and market analyst that enjoys researching and writing about digital assets and how they intersect with Macro.

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