Bitcoin
BTC
$
00000.00
-0.00%
Ethereum
ETH
$
00000.00
-0.00%
Solana
SOL
$
00000.00
-0.00%
XRP
XRP
$
00000.00
-0.00%
Dogecoin
DOGE
$
00000.00
-0.00%
ChainLink
LINK
$
00000.00
-0.00%
Binance Coin
BNB
$
00000.00
-0.00%
Cardano
ADA
$
00000.00
-0.00%
Litecoin
LTC
$
00000.00
-0.00%
Ordinals
ORDI
$
00000.00
-0.00%
Polygon
MATIC
$
00000.00
-0.00%
Optimism
OP
$
00000.00
-0.00%
Arbitrum
ARB
$
00000.00
-0.00%
Polkadot
DOT
$
00000.00
-0.00%
Avalanche
AVAX
$
00000.00
-0.00%
Sui
SUI
$
00000.00
-0.00%
Ethereum Classic
ETC
$
00000.00
-0.00%
FileCoin
FIL
$
00000.00
-0.00%
Celestia 
TIA
$
00000.00
-0.00%
Injective
INJ
$
00000.00
-0.00%

Key Takeaway

NatWest facilitates secure transfers to licensed crypto exchanges, showcasing its commitment to delivering reliable and secure banking services.

For individuals looking to diversify their investment horizons, eToro stands out as a versatile platform, hosting an expansive selection of over 4,500 digital currencies, shares, ETFs, and commodities. It supports swift GBP deposits from NatWest accounts and debit cards, enhancing user convenience.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro United Kingdom
eToro United Kingdom

This review and rating adhere to our editorial policy and the the research methodology of StacksOnChain analysts, guaranteeing the accuracy and reliability of our reports.

Rating
9.8

Supported Assets

4,500 Cryptocurrencies, Stocks, ETFs and more.

Trading Fees

0% Fees and Variable Spread (1%).

Can I Invest in Crypto with NatWest?

NatWest allows its clients to seamlessly invest in cryptocurrencies by enabling the transfer of funds to registered digital currency platforms, ensuring a safe investment landscape.

However, customers should be aware that NatWest's online banking services do not provide an built-in crypto wallets. For secure management and purchase of digital assets, utilising a UK-based exchange is advisable to remain within the bounds of regulatory compliance.

How to Buy Crypto with NatWest

NatWest simplifies the cryptocurrency acquisition process by permitting the transfer of funds to exchanges registered with the Financial Conduct Authority (FCA), guaranteeing the safety of transactions. eToro, recognised for its adherence to UK regulatory standards, provides a secure channel for GBP deposits through bank transfers, the Faster Payments Service, and debit card transactions.

  1. To begin, create and verify your eToro account with your email address.
  2. Select 'Deposit Funds,' pick your preferred payment method, and execute a transfer from NatWest.
  3. Utilise the search function to find the cryptocurrency of your choice and hit 'Trade.'
  4. Enter the amount you wish to invest and complete the purchase by selecting 'Open Trade.'

Does NatWest Block Crypto Transactions?

NatWest endorses the transfer of funds to FCA-registered cryptocurrency investment platforms, indicating its openness to incorporating new financial technologies. 

The bank’s clients are encouraged to engage with platforms that adhere to the UK's stringent KYC and AML regulations as mandated by the Financial Conduct Authority (FCA). This shows NatWest's commitment to the security and integrity of financial dealings in the crypto world.

Digital Asset Investing Fees

We recommend carefully examining the fee framework of your selected exchange before engaging in crypto trading to understand what the associated costs are. Below is a brief summary of eToro’s pricing:

  • Deposit Fees: There might be fees associated with funding your eToro account. USD deposits are always free but other currencies incur a 1.5% to 3% fee.
  • Withdrawal Fees: Withdrawing fiat funds from eToro incurs a flat $5 charge no matter the amount. Cryptocurrency withdrawals incur fees that adjust based on the network’s activity level.
  • Trading Levies: Trading activities on eToro are levied a 1% fee plus a spread, the discrepancy between buying and selling prices.

For those trading regularly or investing substantially, considering eToro’s tiered membership could offer advantages like fee reductions and individualized account management.

Closing Thoughts

In conclusion, NatWest's compliance with UK financial regulations and its collaboration with platforms like eToro offers a secure entry point for clients interested in digital currencies. While direct cryptocurrency trading isn't provided, NatWest enables safe transfers to FCA-registered exchanges, allowing investors to explore digital assets within a regulated environment.

Author

Nick Ng is a skilled analyst at StacksOnChain with expertise in both cryptocurrencies and traditional finance. His research offer valuable insights into market trends and investment opportunities for readers.

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