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How to Buy Crypto with Coutts & Co in United Kingdom

Last updated on November 12, 2023

Quick Summary: While Coutts & 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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Coutts & Co Homepage

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

There are a large number of crypto trading platforms that you can use 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 Coutts

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

1. Pick a crypto 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 Coutts & Co.

Buy Crypto With eToro

About Coutts & Co

Coutts & Co. /’ku:tsis a London-based privately-owned bank, as well as a wealth administrator. Established in 1692, it is the eighth-oldest institution in existence. Today, Coutts is part of the NatWest the Group’s Wealth Management division. Within the Channel Islands and the Isle of Man, Coutts Crown Dependencies is an operating name for The Royal Bank of Scotland International Limited. By 2021 Coutts obtained B-Corp status becoming the third UK bank to obtain the status.

The bank that would later be known as Coutts & Co, was initially a banker’s goldsmith shop. It was established in 1692 by an untried Scots goldsmith-bankernamed John Campbell of Lundie, Scotland. The company was established in London’s Strand, London, under an emblem that was a representation of the Three Crowns, as was common in the past before street numbers. In the present we see that the Coutts logo still bears the three crowns. the headquarters of the company is located in the Strand.

Coutts is often in collaboration often with British design houses, and has earlier designs for its unique debit and credit cards. The year was 2004. British fashion stylist along with Savile Row tailor Ozwald Boateng developed the ultra-premium Coutts World Charge Card, and in the year 2006 Stella McCartney was commissioned to create this Coutts Visa debit card. The card was adorned with the logo of Coutts in a transparent way that was only visible when exposed to light.

In 2013, Coutts upgraded its purple “World charge card, developed by Boateng in 2013, with the new ‘Silk’ charge card. The silk-inspired concept was inspired from the old Chinese wallpaper that was brought back by the first ambassador of Britain in China, Earl Macartney in 1794. It was given the card to Thomas Coutts, which lines the walls of the boardroom in Strand headquarters. Strand headquarters.