How To Safely Buy Bitcoin (BTC) & Crypto With M&S Bank

buy crypto ms bank
Mike Harry
Feb 2024
4 min to read
Fact checked

Summary: To buy Bitcoin and crypto, use third-party exchanges like eToro as M&S Bank does not offer these services. This exchange is perfect for beginners that want to safely invest in 1,000s of digital assets and cryptocurrencies. You can get started right away by signing up (only takes a few minutes) and making your first deposit via bank deposit or with your credit/debit card. Investing in cryptocurrencies just got a whole lot simpler!

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30M Users & 140 Countries

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Can I buy crypto or Bitcoin with M&S Bank?

To buy Bitcoin and a wide range of other cryptocurrencies, recommend signing up to eToro as you can’t buy these assets directly through M&S Bank.

Buy Bitcoin with M&S Bank and eToro
Buy Bitcoin with M&S Bank and eToro

At the time of writing, M&S Bank only offers traditional banking services and does not offer any exposure to the crypto market.

Can I buy crypto and Bitcoin with M&S Bank?

The first step towards buying and selling cryptocurrencies is to sign up for a secure and regulated exchange such as eToro.

For users with a M&S Bank account, we recommend signing up to eToro due to its beginner-friendly interface and wide range of cryptocurrencies.

Signing up is quick and free of charge. After successfully signing up, M&S Bank customers can connect their account to the exchange to safely deposit GBP/EUR.

GBP/EUR deposits made via bank transfers (ACH) are free of charge, while transfers made via credit/debit cards incur a small fee.  

Once the funds have been deposited into the user's account, they can start investing in cryptocurrencies such as Bitcoin, Ethereum, Solana, Cosmos, Polkadot, Cardano, Dogecoin among others.

 

Signup in two minutes

1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your MS account or credit/debit card
3. Start Buying:
Once your deposit has arrived in your account
Buy Crypto with M&S Bank and eToro
Buy Crypto with M&S Bank and eToro

Is M&S Bank crypto friendly?

M&S Bank, like most other banks, does not restrict its customers from depositing funds to regulated cryptocurrency exchanges.

M&S Bank cryptocurrency policy

While M&S Bank does not have an officially stated cryptocurrency policy, they do provide helpful information through their website. They recommend clients to,

Always conduct your own due diligence prior to investing any funds. The FCA website provides details about crypto assets and also has a list of all regulated companies.

About M&S Bank

M&S Bank is a UK retail bank that was established in 2012, and offers a broad range of financial products such as credit cards, loans, savings, and insurance products.

M&S Bank Website
M&S Bank Website

M&S Bank is operated as a joint venture with HSBC Bank since 2014. The bank closed down all of its remaining branches last year to fully focus on its online banking efforts. 

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.

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