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How to Buy Crypto with C. Hoare & Co in United Kingdom

Last updated on November 12, 2023

Quick Summary: While C. Hoare & Co does not offer cryptocurrency trading through its own platform, you can make use of your account to purchase crypto through a third-party exchange.

There are a lot of United Kingdom cryptocurrency exchanges to pick from, but we suggest using the eToro exchange.

They offer the majority of most well-known cryptocurrencies and are simple to use. They have lots of advanced features but are also great for beginners.

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C. Hoare & Co Homepage

As mentioned in my quick summary, like most United Kingdom banks, C. Hoare & Co doesn’t allow users to trade cryptocurrency directly on their platform, due to the complexities with setting up a cryptocurrency exchange and comes with regulations and extra work for the banks.

Thankfully there are many crypto trading platforms to pick from that allow you to buy Bitcoin and other cryptocurrencies.

Once you’ve signed up to a crypto exchange (in our example I’ll be using eToro as it’s a highly trusted and global exchange), you can easily move money from your bank account to the trading platform., and exchange it for a variety of cryptocurrencies.

How to buy crypto or bitcoin with C Hoare & Co

Let’s get started! Just follow our 4 quick steps.

1. Pick a crypto exchange

As mentioned above, I’ll be using eToro for this guide as they are a widely used exchange and have a huge range of cryptocurrencies to choose from. It’s also one of the best exchanges for beginners and allows more advanced features when you get more comfortable with trading.

The steps in this guide should be similar for most trusted crypto exchanges, so feel free to use whichever you end up going with.

Let’s get started!

2. Create account with the trading platform

You’ll first need to create an account if you haven’t already, you can do using this quick link below.

Sign Up With eToro

Once you’ve filled out the basic information you’ll be asked for KYC (Know Your Customer) information, this is normal for crypto exchanges to stop any bad activity. This will often be called the “verification” process.

3. Fund your account

Next, you’ll need to add funds to your account using any of their deposit methods. For eToro there are many options such as bank transfer, PayPal, credit/debit card, and many more.

4. Buy cryptocurrency

Lastly, you’ll need to go to the “trade” section, this will differ for each exchange but it will usually have some variation of this.

It’s that easy! You’ve now got the tools to buy your first cryptocurrency with C. Hoare & Co.

Buy Crypto With eToro

About C. Hoare & Co

C. Hoare & Co. C. Hoare & Co., also called Hoares C. Hoare & Company, is one of the British private bank that was established in the year 1672 by Sir Richard Hoare; it is currently managed and owned by the 11th generation of Hoare’s direct descendants. It is the second-oldest institution in the United Kingdom and reputedly the fifth-oldest in the world.

C. Hoare & Co. offers private banking services , which include mortgages, loans and savings accounts along with taxes and planning for estates. Through the years the bank’s clients have included Samuel Pepys, John Dryden, Jane Austen and numerous members of the aristocracy. nowadays, they’re primarily wealthy families and individuals. There are currently two locations in London 37 Fleet Street and 32 Lowndes Street and in March of 2019 it also opened an additional branch located in Cambridge.

The bank grew through the generations from Hoare to the next, it gained a reputation for its integrity. Hoare families to the following, they was welcomed by notable customers like John Dryden, Jane Austen and Lord Byron and gained a excellent reputation for its prudent and the prudent management. In the course of their history Hoares’ Bank has proven to be a secure haven for customers’ funds. They’ve survived three industrial revolutions as well as 2 World Wars, the Wall Street Crash and subsequent global financial crises. they will remember every lesson they’ve learned.

The company has seen a lot of transformation, starting from the establishment of the Bank of England to the introduction of the Income Tax and the abolishment of gold standards and have grown to adapt to the changing current times. When 1929 came around, they stopped being a partnership and changed into an unlimited liability company which bolstered their traditional cautious approach to risk.