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How to Buy Crypto with Clydesdale Bank in United Kingdom

Last updated on November 12, 2023

Quick Summary: While Clydesdale Bank 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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Clydesdale Bank Homepage

As mentioned in my quick summary, like most United Kingdom banks, Clydesdale Bank doesn’t allow users to trade cryptocurrency directly on their platform, due to the complexities with setting up a crypto trading platform 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.

Next you’ll want to sign up to an exchange (for this short guide I’ll use eToro as it’s a global and widely used exchange) and deposit funds so you can start trading crypto.

How to buy crypto or bitcoin with Clydesdale Bank

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

1. Pick a cryptocurrency trading platform

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 crypto

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 Clydesdale Bank.

Buy Crypto With eToro

About Clydesdale Bank

Clydesdale Bank (Scottish Gaelic: Banca Dhail Chluaidh) is the trading name used by Clydesdale Bank plc for its retail banking services in Scotland.

In June of 2018 it was announced Clydesdale Bank’s holding firm CYBG would purchase Virgin Money for PS1.7 billion in an all-stock transaction, as well as that Clydesdale Bank, Yorkshire Bank and B brands will be eliminated in favor of keeping Virgin Money’s name. The other banks of CYBG plc, B, Virgin Money and Yorkshire Bank currently operate as trading divisions of Clydesdale Bank plc under its licence to operate as banks.

Clydesdale Bank plc is a commercial and retail bank within the United Kingdom. It was established at Glasgow, Scotland in 1838 It is the only former Scottish bank to keep it’s UK Headquarters in Scotland following the demise from 2008 by the Bank of Scotland and of the Royal Bank of Scotland.

With its huge and global expansion in industrial and commercial clients which included Sir Robert McAlpine & Sons, and their extensive requirements for credit, it was in search of investment from an even larger group. It was eventually purchased from Midland Bank, the largest bank in the world at this time and was established in 1920. Later, the Clydesdale was incorporated into the National Australia Bank Group (NAB) between 1987 and 2016.