How to buy crypto & Bitcoin at NatWest?
You cannot buy crypto directly at NatWest, but by following the steps in this tutorial, you can still invest in cryptocurrencies at this bank without any problems.
How to you buy crypto at NatWest?
Although it is not possible to buy Bitcoin directly from NatWest, the bank is not anti-crypto. You can therefore invest in crypto currencies at this bank without any problems. However, if you want to do this, you will need an account with a reliable crypto exchange:
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Activating your account & depositing money
After you have opened an account a crypto exchange, you still need to go through the activation steps. By uploading a copy of your passport and answering some questions, you complete this process.
You can then deposit funds directly into your crypto exchange account via your NatWest bank account. Please note that some exchanges charge additional fees for depositing & withdrawing funds.
Buying crypto at NatWest
Once your money is added to your crypto account, you can immediately start buying crypto. Keep in mind that it can take up to several days for the money to appear in your account.
Next, navigate to the crypto you want to buy and press the buy button. Then enter the amount you want to invest: you can do this from as little as $10!
In some cases, you might not want to buy the crypto right away. By using an order, you can set the price at which you want to buy the crypto in question.
Then send the order to the crypto exchange to buy your crypto right away! You can then sell your crypto at any time and transfer the money back to your NatWest bank account.
Are crypto exchanges reliable?
By no means are all crypto exchanges equally reliable. In recent years, several crypto exchanges have been hacked or gone bankrupt. Users often lose their entire crypto assets in such cases.
You should therefore spend enough time selecting a reliable exchange. Due to limited regulation, keep in mind that even a reliable exchange can go bankrupt just like that.
Fortunately, you can protect yourself against this: you do this by sending your crypto to an external wallet. However, it is then important not to lose your access codes, as no one can help you if this hapends.
Also known in full as National Westminster Bank, NatWest is a large commercial bank in the UK. Headquartered in London, the bank has been in existence since 1968. The bank’s largest shareholder is the government, which invested £45 billion to keep the bank afloat during the economic crisis in 2008.
With 960 branches and nearly 3,500 ATMs, NatWest is one of the UK’s largest banks. Buying Bitcoin through NatWest bank should therefore not pose any problems.
Can you buy Bitcoin at NatWest U.K.?
It is not possible to invest directly in Bitcoin or other crypto products at this bank. It is currently unclear whether the bank will add this as an option in the future. Fortunately, though, you can simply invest in Bitcoin at NatWest by linking your account to crypto exchange.
Over Alex Mostert
Already in 2015 I bought my first Bitcoins for roughly $300, only to sell them shortly after for $900. At the time I thought I benefited from the deal of the century, but I, of course, had no idea Bitcoin would become as popular as it is today. On this website, I want to teach everybody how to buy Bitcoin through their bank.