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How to Buy Crypto with Northern Bank in United Kingdom

Last updated on November 12, 2023

Quick Summary: While Northern 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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Northern Bank Homepage

As mentioned in my quick summary, like most United Kingdom banks, Northern Bank 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.

Thankfully there are many cryptocurrency exchanges 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 Danske Bank

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

1. Pick a cryptocurrency 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 Northern Bank.

Buy Crypto With eToro

About Northern Bank

Northern Bank Limited T/A Danske Bank is a bank that retails located in Northern Ireland. Northern Bank is one of the oldest banks in Ireland that was established in 1809 and is an integral part of one of Ireland’s Big Four banks in Ireland. Northern Bank took on the name of its parent company Danske Bank as its trading name in November of 2012. It is a top institution in Northern Ireland and a growing bank in Great Britain. The Bank is a leader in Northern Ireland the Bank issues its own banknotes.

Danske Bank is a standalone business unit of the Danske Bank Group and operates under the supervision of a UK banking license.

Midland Bank ran into severe financial trouble as a consequence due to its acquisition in 1981 from Crocker National Bank in the US and was then forced to sell assets in order to ensure stability. The year 1988 saw Midland closed its affiliates, which included its Clydesdale Bank in Scotland, Northern Bank Limited and Northern Bank (Ireland) Limited, all of which were purchased from National Australia Bank.

In the following year, Northern Bank (Ireland) Limited was changed to National Irish Bank. Northern Bank was rebranded as National Irish Bank. Northern Bank brand name continued throughout Northern Ireland, but a new logo was launched with a stylized “N” in a hexagon shape. In 2002 the logotype of the bank (the term “Northern”) was changed to match the one used by National Australia Bank. National Australia Bank.