Summary: Santander Bank does not offer cryptocurrency investing services through the Santander Online Banking platform, or through a bank branch.

This means that customers will need to sign up to a licensed and regulated platform like eToro to buy digital assets with GBP, EUR, USD and other currencies.

Platform Highlights
  • Fast and cheap deposits from Santander Bank accounts.
  • Trade 80+ Cryptos & 7,000+ Stocks, ETFs and more.
  • Zero trading fees on Cryptocurrencies and Stocks.

78% of retail CFD accounts lose money.

Table of Contents

Can I buy Crypto with Santander Bank?

The short answer is no. Santander Bank does not directly offer any products or services that enable its customers to buy Cryptocurrencies like Bitcoin and Ethereum through their online banking platform. That said, Santander does allow users to withdraw fiat from their online banking account into licensed and regulated trading platforms.

So, if you want to use Santander to buy Crypto, you'll first need to create an account with a reputable trading platform like eToro and deposit funds into the platform to start trading.

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How to buy Crypto with Santander

The easiest way to buy Crypto, Bitcoin and Stocks with a Santander account is through the eToro trading platform. They are a regulated and Financial Conduct Authority (FCA) licensed trading platform in Europe and the UK that offers fast and cheap deposits to trade cryptocurrencies, stocks, ETFs, commodities, bonds and many other asset classes.

You can get started in minutes with our step-by-step guide below.

Step 1: Sign up to the eToro trading platform.

Step 2: Select the 'Deposit Funds' button at the bottom of your eToro Investment Dashboard.

Deposit fiat eToro to Santander

Step 3: Select the Fiat Currency and Payment Method you want to use. We recommend Bank Transfer or Debit Card/Credit Card for Santander Bank account holders.

Deposit fiat eToro to Santan

Step 4: Login to your Santander Online Banking account and deposit Fiat into the unique deposit details provided to you by eToro.

Santander Deposit Details

Step 5: Once the fiat hits your trading account, you can buy any asset available on the eToro platform.

Buy Bitcoin or Stocks Santander

You can read our eToro Review for a more comprehensive guide on their platform to see if it is right for you.

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Santander Bank Cryptocurrency Policy

Unfortunately, Santander Bank has not yet released an official policy statement on Cryptocurrencies. This is likely because the bank is still trying to figure out how it wants to approach this new asset class.

That said, Santander does allow its customers to buy and sell cryptocurrencies with regulated crypto brokers around the world. This means customers are safe to deposit fiat from their Santander accounts into licensed platforms to invest in the emerging digital asset ecosystem.

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About Santander Bank

Santander Bank is a subsidiary of the Spanish Santander Group. It is one of the largest banks in the world with over 102 million customers. The bank has operations in Europe, North and South America, and Asia. Santander offers a wide range of banking products and services including savings accounts, checking accounts, loans, and credit cards. The bank also offers investment products such as mutual funds and ETFs.

Santander is a member of the FDIC and is headquartered in Boston, Massachusetts. They have a long history dating back to 1857 when it was founded as Banco Santander in Spain. The bank has grown significantly through a series of acquisitions including Abbey National in 2004 and Alliance & Leicester in 2008.  

Visit eToro

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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