What are the best UK crypto banks to trade and interact with exchanges without issues? First of all, there are some obvious names that you want to avoid like HSBC (anti-crypto) and Monzo (very strict with crypto transactions). That being said, they’re not all like that. You want some examples? Yes, boss.
Just like I did with the best crypto ETFs, here is my list of the top crypto-friendly banks operating in the UK.
Revolut is the bank I personally use to buy crypto. I’m very impressed by the service. It’s fast, reliable and well integrated to Binance. Revolut started in 2015 and grew as one of the best UK crypto banks in the UK and Europe. It’s also expending to the US and Japan with more than 18 million personal users.
Incorporated in 2015, Orounda Finance LP aims to become a leading financial provider in the global growth market. To do so, the bank has opted for an inclusive method of allowing cryptocurrency transactions. Orounda delivers innovative technologies that enable billions of people and millions of merchants to buy and sell online. Besides, it also offers FOrex tools and e-wallets.
The crypto-friendly neo-bank Cashaa has launched ‘personal accounts’, providing interest of up to 24% on crypto assets. This feature with a yield program enables users to store, buy, sell and earn interest on their crypto assets, the firm said.
The Fidor Bank is a German a virtual bank that offers personal IBAN and business IBAN accounts, free SEPA transfers, crypto banking, virtual cards, crypto settlement accounts for cryptocurrency businesses, etc. Fidor bank account opening is free.
Xace was created as a crypto bank, a bitcoin-friendly bank, and a gaming-friendly bank. The firm provides business and personal named accounts for GBP with UK Faster payments and EUR accounts with payments via SEPA via IBANs.
Thanks for reading.
n.b: this is not financial advice