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How to Buy Crypto with Standard Chartered in United Kingdom

Last updated on November 12, 2023

Quick Summary: While Standard Chartered 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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Standard Chartered Homepage

As mentioned in my quick summary, like most United Kingdom banks, Standard Chartered 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.

There are a large number of cryptocurrency trading platforms that you can use 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 Standard Chartered

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 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 Standard Chartered.

Buy Crypto With eToro

About Standard Chartered

Standard Chartered has a history of more than 160 years in the UK and opened the UK headquarters in the year 1853. The headquarters of the company is located situated at 1 Basinghall Avenue, London with both their Group Chairman and CEO are based in London.

Standard Chartered is regulated by the Prudential Regulation Authority and the Financial Conduct Authority and is one of the biggest UK banks. It is a FTSE100 company that has been listed in the London Stock Exchange since 1969.

In addition to the various Group activities based in the UK, London serves as the main office to the Europe & Americas business, that focuses on helping businesses across Asia, Africa and the Middle East.

It’s also the hub of the institution’s Corporate and Institutional Banking business. It also houses the largest Private Banking business in the region.

Standard Chartered has been the principal club Sponsor for Liverpool Football Club since July 2010.

The company’s main shareholder is an acclaimed international banking group , with around 86,000 staff members, and an international presence that spans more than 59 countries and territories across Europe and the Americas, Asia, the Middle East and Africa. Their mission is to promote growth and commerce through their distinct diversity. their culture and traditions are reflected in their mission statement”Here for Good. We’re listed on both the London as well as the Hong Kong Stock Exchanges.