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 eToro exchange.

eToro 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.

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Can I buy Crypto on Virgin Money UK?

You cannot currently buy cryptocurrencies such as Bitcoin or Ethereum directly on the Virgin Money UK platform. You can however buy tokens through a cryptocurrency exchange with funds from your Virgin Money UK bank account or card.

The best cryptocurrency exchange to purchase Bitcoin and other cryptocurrencies as a Virgin Money UK user is eToro. eToro has low trading fees, free deposits for GBP, multiple asset classes and cryptocurrency staking available on the platform. 

If you would like to learn more about eToro and its many features, you can visit our eToro review page. 

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How to buy Crypto with Virgin Money credit card

Buying crypto with a Virgin Money UK account is easier than ever when you go through eToro.  In the below steps we will show you how to purchase cryptocurrencies such as Bitcoin and Ethereum with a Virgin Money UK card. 

Step One: Sign up to eToro, verify your identity and complete the online questionnaire
Step Two: Select ‚ÄėDeposit Funds‚Äô and choose ‚ÄėCredit/Debit Card‚Äô

Fund Account Card

Step Three: Your funds will be credited to your account instantly. Visit the home page and search for the asset you wish to buy and press ‚Äėtrade‚Äô

eToro buy BTC

How to buy Crypto with Virgin Money bank account

Follow the below steps to invest in cryptocurrency with a Virgin Money UK bank account. 

Step One: Sign up to eToro, verify your identity and complete the online form
Step Two: Select ‚ÄėDeposit Funds‚Äô and choose Bank Transfer as payment method and enter the amount of GBP you want to deposit

Fund Bank Account eToro

Step Three: Shortly you will be redirected to this banking page, simply copy their details into your Virgin Money UK banking app and transfer the funds. Bank transfers may take approximately 4-7 business days to be processed from the time of transfer.

GBP Bank Wire Transfer

Step Four: Once your funds have arrived into your eToro account, visit the home page and search for the cryptocurrency you wish to purchase and select ‚ÄėTrade‚Äô

eToro buy BTC

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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.

Visit eToro UK
Posted 
Jun 15, 2022
 in 
Crypto Banks
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