Top 12 Best Crypto Friendly Banks In UK (2025 Updated List)

As cryptocurrency continues to gain traction in the UK, many traditional banks are adapting to the demand for digital currencies. Finding the right crypto-friendly banks UK is crucial for anyone dealing with crypto assets, whether you’re looking to convert Bitcoin to GBP or integrate your banking with crypto exchanges.

In this guide, I’ll walk you through the top 12 best crypto-friendly banks in the UK for 2025, detailing how these institutions support crypto transactions and services.

Why Should You Choose a Crypto-Friendly Bank in the UK?

What Makes a Bank Crypto-Friendly?

A crypto-friendly bank is more than just a traditional financial institution—it’s one that integrates smoothly with the world of digital currencies. Several key factors make a bank crypto-friendly:

1. How is the Support for Crypto Exchanges?

   Crypto-friendly banks allow seamless transfers between fiat currencies (like GBP) and cryptocurrency exchanges.

   These banks typically partner with exchanges like Coinbase, Binance, or Kraken, ensuring that you can easily move money between your bank account and your crypto wallet.

   Some banks even offer direct integration, enabling customers to manage their crypto assets within their banking apps.

2. What’s Transaction Flexibility You Get With Crypto Friendly Banks?

   A major challenge with traditional banks is the restriction on crypto transactions. Crypto-friendly banks lift these restrictions, enabling customers to deposit and withdraw funds from exchanges, purchase cryptocurrencies, and make crypto-related payments.

   This flexibility also extends to the type of transactions you can make, whether it’s buying crypto, sending funds to a wallet, or receiving crypto-related payments.

3. How much are Crypto Transactions Secured?
   

   Crypto-friendly banks prioritize strong security protocols to protect their customers. With the rise of digital currencies, the risk of fraud, hacking, and unauthorized transactions increases.

   These banks adopt advanced security measures, such as multi-factor authentication (MFA), end-to-end encryption, and real-time fraud monitoring, to ensure that crypto transactions are secure and legitimate.

4. How Innovative Are Financial Services?

   Some crypto-friendly banks go beyond simple transaction support by offering innovative products and services for crypto enthusiasts.

   This includes multi-currency accounts, where users can hold both fiat and cryptocurrencies in one place, or offering crypto debit cards that allow customers to spend their digital assets directly at merchants.

   These features bridge the gap between traditional banking and the growing demand for cryptocurrency-based financial services.

5. How is the Customer Support?

   One key hallmark of a crypto-friendly bank is having a support system in place that understands cryptocurrency and blockchain.

   Unlike conventional banks that might flag or block transactions related to crypto, crypto-friendly banks offer customer support that assists with crypto-related issues, ensuring that users can engage with digital currencies without unnecessary hurdles.

In short, a crypto-friendly bank not only allows you to engage with cryptocurrencies but also does so with flexibility, security, and convenience. This makes managing both your fiat and digital assets under one roof a seamless experience.

What Are the Benefits of Using a Crypto-Friendly Bank?

Using a crypto-friendly bank offers a number of advantages for individuals who engage with cryptocurrency. These benefits extend beyond just the ease of transactions and include several strategic advantages in managing both fiat and digital assets.

1. Seamless Crypto-to-Fiat Conversions

   One of the biggest benefits of using a crypto-friendly bank is the ability to easily convert between cryptocurrencies and fiat currencies like GBP.

   This means you can buy or sell crypto through your bank, then instantly use those funds for everyday transactions like paying bills, shopping, or making investments.

   This seamless integration removes the hassle of having to rely on third-party exchanges or services to move your money.

2. Lower Transaction Fees

   Traditional banks often impose hefty fees for international transactions, currency conversions, or even just moving money into a crypto exchange.

   In contrast, crypto-friendly banks typically have lower fees for crypto-related transactions, and in some cases, offer fee-free international transfers.

   This reduces the costs associated with buying, selling, or transferring cryptocurrency, making it a more cost-effective solution.

3. Regulation and Security

   Crypto-friendly banks operate within regulated financial environments, which offer customers better protection than unregulated crypto exchanges.

   The UK’s Financial Conduct Authority (FCA), for example, provides oversight that ensures crypto-friendly banks maintain certain standards of operation.

   This means your funds are not only protected, but your crypto transactions are also handled in a secure, compliant manner.

4. Simplified Management of Assets

   Instead of juggling multiple apps and services, a crypto-friendly bank allows you to manage both your fiat and crypto assets under one account. You can view your bank balance, crypto holdings, and make transactions all within a single interface.

   This consolidated approach to managing finances makes it easier to track your assets, monitor transactions, and keep everything organized.

5. Crypto Spending with Debit Cards

   Some crypto-friendly banks offer crypto debit cards, which allow users to spend their digital assets at any merchant that accepts traditional card payments.

   These cards automatically convert your crypto to GBP (or the local currency) at the point of sale, giving you the flexibility to use your cryptocurrency in everyday purchases, whether online or in-store.

6. Access to Innovative Financial Products

   With a crypto-friendly bank, you can often access a range of financial products designed specifically for the digital currency market.

   For example, some banks offer crypto-backed loans, allowing you to borrow money against your crypto holdings without selling your digital assets. Others provide interest-bearing accounts for holding crypto, helping you earn passive income on your digital assets.

In essence, the benefits of using a crypto-friendly bank include greater flexibility in managing your finances, cost savings through lower fees, and enhanced security and regulatory compliance. This makes the banking experience smoother and more aligned with the growing use of digital currencies.

What Are the Top 12 Best Crypto-Friendly Banks in the UK for 2025?

Let’s dive into the best options for crypto users in the UK, exploring their features and how they support cryptocurrency transactions.

1. Revolut

Is Revolut Crypto-Friendly?

Yes, Revolut is one of the most crypto-friendly banks in the UK. It offers a wide range of features tailored for cryptocurrency users, making it a popular choice for both beginners and seasoned traders.

What Are the Key Features of Revolut?

Revolut offers multi-currency accounts, enabling users to hold, transfer, and convert between over 30 currencies, including cryptocurrencies.

Its app provides instant purchases and withdrawals of cryptocurrencies, with access to popular coins like Bitcoin, Ethereum, and Litecoin. Additionally, Revolut allows users to convert crypto into fiat currencies like GBP with ease.

What Are the Crypto-Friendly Services Offered by Revolut?

Revolut supports direct access to cryptocurrency trading within its app, providing users with an intuitive interface to buy, hold, and sell crypto.

Its integration with major crypto exchanges makes it easy to swap between fiat and digital currencies, and users can withdraw crypto into external wallets for added flexibility.

2. Wirex

Is Wirex Crypto-Friendly?

Absolutely. Wirex has built its reputation as one of the most crypto-friendly financial services providers in the UK, offering a seamless bridge between fiat and cryptocurrencies.

What Are the Key Features of Wirex?

Wirex offers a crypto debit card, which allows users to spend cryptocurrencies like Bitcoin and Ethereum directly at any store that accepts Visa.

It supports a wide range of digital currencies and provides real-time crypto-to-fiat conversions. This makes it easier for users to spend crypto while benefiting from market rates.

What Are the Crypto-Friendly Services Offered by Wirex?

Wirex’s standout service is its multi-currency Visa card, which lets you spend crypto in everyday transactions.

The Wirex app also supports crypto-fiat exchanges, allowing you to quickly convert between currencies with no hidden fees. Plus, Wirex offers crypto rewards, giving users up to 2% back in Bitcoin for every transaction made with the card.

3. Monzo

Is Monzo Crypto-Friendly in 2025?

Yes, Monzo is considered crypto-friendly in 2025, allowing its users to interact with cryptocurrencies through linked crypto exchanges and wallets.

What Are the Key Features of Monzo?

Monzo provides flexible transaction limits, which is ideal for crypto traders who need to transfer large amounts of money to and from crypto exchanges.

The bank also integrates smoothly with UK-based exchanges like Coinbase and Binance, allowing users to buy, sell, and transfer cryptocurrencies easily.

What Are the Crypto-Friendly Services Offered by Monzo?

Monzo offers seamless transfers to popular crypto exchanges, enabling users to deposit GBP into their exchange accounts directly from their Monzo account.

While Monzo doesn’t allow direct crypto trading within its app, it supports smooth banking for crypto users who use third-party platforms for their digital currency needs.

4. Starling Bank

Is Starling Bank Crypto-Friendly?

Yes, Starling Bank has become one of the most crypto-friendly banks in the UK, offering a secure platform for those looking to engage in crypto-related transactions.

What Are the Key Features of Starling Bank?

Starling Bank is known for its fee-free international payments, which makes it attractive for crypto traders who engage in global transactions. It also provides smooth integration with popular crypto exchanges and digital wallets, allowing users to transfer funds seamlessly.

What Are the Crypto-Friendly Services Offered by Starling Bank?

Starling Bank supports crypto transactions and has policies in place that allow customers to link their accounts to crypto exchanges without the usual roadblocks.

It’s especially popular with crypto-related businesses and individuals who want a fee-free environment for moving money between their bank and crypto exchanges.

5. Barclays

Is Barclays Crypto-Friendly?

Yes, Barclays is crypto-friendly, especially for users who need a reliable bank for crypto-related payments and secure online banking.

What Are the Key Features of Barclays?

Barclays offers strong anti-fraud measures and highly secure online banking, making it a great option for crypto users concerned about security.

The bank allows secure transfers to and from crypto exchanges, and it has a history of working with crypto companies to offer banking solutions.

What Are the Crypto-Friendly Services Offered by Barclays?

Barclays allows customers to make crypto-related transactions, including sending and receiving payments to crypto exchanges. The bank supports various crypto platforms and provides access to crypto markets via secure and regulated channels.

6. NatWest

Is NatWest Crypto-Friendly in 2025?

Yes, NatWest has adjusted its policies in 2025 to become more crypto-friendly, allowing customers to interact with cryptocurrency exchanges and services.

What Are the Key Features of NatWest?

NatWest is known for its strong security protocols, especially when it comes to online transactions. It allows users to integrate their accounts with digital wallets and crypto exchanges, enabling smooth crypto transactions.

What Are the Crypto-Friendly Services Offered by NatWest?

NatWest offers secure crypto transactions through approved exchanges, allowing customers to deposit and withdraw GBP to crypto platforms.

The bank also provides guidance on crypto regulation, ensuring customers stay within legal boundaries when engaging with digital currencies.

7. Lloyds Bank

Is Lloyds Bank Crypto-Friendly?

Yes, Lloyds Bank has adopted more crypto-friendly policies in recent years, supporting customers who wish to use their accounts for cryptocurrency-related transactions.

What Are the Key Features of Lloyds Bank?

Lloyds provides comprehensive mobile banking services, offering strong security measures for online transactions. Users can link their Lloyds account to various crypto exchanges for seamless transfers.

What Are the Crypto-Friendly Services Offered by Lloyds Bank?

Lloyds Bank allows customers to use their bank accounts for crypto purchases via linked exchanges like Binance and Coinbase. This makes it easier for crypto traders to transfer funds without excessive fees or restrictions.

8. HSBC

Is HSBC Crypto-Friendly in 2025?

Yes, HSBC has become more accommodating of cryptocurrency transactions, allowing users to interact with approved crypto exchanges and wallets.

What Are the Key Features of HSBC?

HSBC provides safe and secure transactions, focusing on protecting customers from fraud and financial crime. It has also shown interest in adopting blockchain technology, which signals further support for crypto-related services in the future.

What Are the Crypto-Friendly Services Offered by HSBC?

HSBC supports transfers to approved cryptocurrency exchanges, enabling customers to engage in crypto transactions while adhering to strict security protocols. HSBC’s cautious but evolving approach to crypto ensures safety for its users.

9. PayPal UK

Is PayPal UK Crypto-Friendly?

Yes, PayPal UK offers direct crypto-friendly services, making it one of the most accessible platforms for buying and selling digital currencies.

What Are the Key Features of PayPal UK?

PayPal UK allows users to trade popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin directly within the PayPal app. It’s a user-friendly platform for beginners who want to explore crypto trading without the need for third-party exchanges.

What Are the Crypto-Friendly Services Offered by PayPal UK?

PayPal UK offers direct crypto trading, enabling users to buy, sell, and hold cryptocurrencies in their PayPal wallet. It’s a convenient option for those who prefer not to use traditional exchanges and want to manage their crypto directly through PayPal.

10. Santander

Is Santander Crypto-Friendly in 2025?

Yes, Santander supports crypto transactions and has policies in place that allow customers to interact with approved cryptocurrency exchanges.

What Are the Key Features of Santander?

Santander is known for its secure banking services, offering smooth transactions to crypto platforms. It also has low fees for transfers, making it appealing for crypto traders.

What Are the Crypto-Friendly Services Offered by Santander?

Santander allows withdrawals and deposits to crypto exchanges, providing support for crypto users who need to transfer GBP in and out of their exchange accounts without difficulty.

11. TSB Bank

Is TSB Bank Crypto-Friendly?

Yes, TSB Bank has implemented crypto-friendly policies, enabling users to engage in cryptocurrency transactions securely.

What Are the Key Features of TSB Bank?

TSB Bank offers digital wallet integration and strong security protocols, ensuring safe transfers to and from crypto exchanges. It’s designed to handle crypto-related transactions with minimal restrictions.

What Are the Crypto-Friendly Services Offered by TSB Bank?

TSB Bank allows customers to engage with crypto platforms securely, providing support for UK-based exchanges. It ensures that transactions are processed efficiently without unnecessary delays or high fees.

12. Bank of Scotland

Is Bank of Scotland Crypto-Friendly in 2025?

Yes, Bank of Scotland is crypto-friendly, allowing users to engage in crypto-related transactions through approved exchanges.

What Are the Key Features of Bank of Scotland?

Bank of Scotland provides low transaction fees and strong customer support, helping crypto users make the most of their digital currency activities. It integrates well with crypto exchanges and wallets.

What Are the Crypto-Friendly Services Offered by Bank of Scotland?

Bank of Scotland allows crypto payments and supports integrations with major crypto exchanges, making it easier for users to trade and manage their digital assets while using their bank accounts.

How to Choose the Best Crypto-Friendly Bank for Your Needs?

Choosing the right crypto-friendly bank can make a huge difference in how easily you can manage your digital assets. Here are some key factors to consider when selecting the best bank for your cryptocurrency needs:

1. What are the Transaction Limits in Crypto Friendly Banks?

   Not all banks allow unlimited crypto transactions, and some may have limits on the amount you can transfer in and out of your account when dealing with crypto.

   Make sure to check the daily, weekly, or monthly transaction limits and whether these limits align with your needs, especially if you trade crypto frequently or in large volumes.

2. What are the Fees and Costs Involved For Crypto’s? 

   Some banks impose fees on crypto transactions, including conversion fees, withdrawal fees, or transfer fees. When choosing a bank, it’s important to compare their fee structures with other options.

   Look for banks that offer low or no fees for crypto-related transactions, as this will save you money in the long run, especially if you frequently move funds between your crypto wallet and bank account.

3. Crypto Exchange Partnerships

   Crypto-friendly banks often partner with crypto exchanges to facilitate easy transactions. It’s important to find a bank that has strong partnerships with reputable exchanges, such as Coinbase, Kraken, or Binance, as this will allow for seamless transfers between your bank and crypto wallets.

4. Ease of Integration

   How easily can you link your bank account to crypto exchanges or wallets? Some banks offer a direct integration with exchanges via their app or web portal, allowing you to manage your crypto and fiat currencies from a single platform.

   Others may require more manual processes, which can be time-consuming. Look for a bank that offers smooth integration with crypto platforms for ease of use.

5. Security Measures

   Security is paramount when dealing with both fiat and crypto. Check what security protocols the bank has in place to protect your assets.

   This should include multi-factor authentication (MFA), encryption, real-time fraud monitoring, and the ability to freeze or block transactions in case of suspicious activity. A good crypto-friendly bank will prioritize security to keep your funds safe.

6. Customer Support

   Cryptocurrency can be complex, and issues may arise when making transactions or linking accounts. Choose a bank that offers reliable and knowledgeable customer support for crypto-related questions.

   Having access to a team that understands crypto can save you a lot of headaches if issues arise with transactions or account management.

7. Reputation and Regulatory Compliance

   Always ensure that the bank is regulated and complies with FCA guidelines in the UK. A bank with a strong reputation for handling crypto safely and securely is key.

   Ensure that the bank is compliant with the latest crypto regulations to protect your assets and ensure smooth transactions.

By carefully considering these factors, you can choose a crypto-friendly bank that aligns with your needs and helps you manage both your fiat and digital currencies efficiently and securely.

How Important Is Regulation When Selecting a Crypto-Friendly Bank?

Regulation is crucial when selecting a crypto-friendly bank because it ensures that the bank adheres to legal standards and offers protection for your assets. In the world of cryptocurrency, which is often associated with volatility and risk, having a regulated financial institution provides stability and peace of mind.

1. What is the FCA Compliance in the UK?

   The Financial Conduct Authority (FCA) is the regulatory body that oversees the financial sector in the UK. A bank that complies with FCA regulations is required to operate within strict guidelines, including anti-money laundering (AML) and know your customer (KYC) rules.

   These measures are essential for preventing fraud and illicit activities associated with cryptocurrency transactions. When a bank is FCA-compliant, it means your funds are protected, and the bank follows transparent and secure operational procedures.

2. Protection of Assets

   Regulated banks must ensure that your assets, whether fiat or crypto, are stored securely. In some cases, banks offer deposit protection schemes that cover your fiat balances up to a certain amount, typically through programs like the Financial Services Compensation Scheme (FSCS) in the UK.

   While crypto assets may not always fall under this protection, using a regulated bank can reduce the risk of loss from fraudulent activities or bank failures.

3. Transparency and Trust

   Regulation enforces transparency, meaning that crypto-friendly banks must be upfront about fees, policies, and transaction limits. You’ll know exactly what to expect when using their services.

   Additionally, regulatory oversight means that banks must act in the best interest of their customers, providing a layer of trust that isn’t always guaranteed when using unregulated crypto exchanges.

4. Future-Proofing

   As the UK government and the FCA continue to evolve their stance on cryptocurrency, banks that are already compliant with current regulations will be better positioned to adapt to future changes.

   Selecting a regulated crypto-friendly bank ensures that you are on the right side of the law, no matter how regulations change.

   This is particularly important as governments worldwide work to establish clearer frameworks for how digital currencies should be handled by financial institutions.

5. Fraud Prevention and Security
   

   One of the primary reasons regulation is important is because it sets a standard for fraud prevention. Regulated banks must implement robust security measures to protect customer funds and prevent fraud.

   This includes regular audits, data protection policies, and safeguarding funds from hacking attempts. Unregulated banks or exchanges often lack these protections, leaving your assets more vulnerable.

In summary, selecting a regulated crypto-friendly bank ensures that your digital and fiat assets are safe, your transactions are transparent, and your bank complies with the latest legal and financial guidelines. It’s a smart way to mitigate the risks associated with cryptocurrencies while still enjoying the benefits they offer.

FAQ’s About Crypto-Friendly Banks in the UK

Are UK Banks Legally Allowed to Support Cryptocurrency?

Yes, UK banks can legally support cryptocurrency, but they must comply with FCA regulations to ensure safe transactions.

Can I Buy and Sell Bitcoin Directly Through My Bank?

Some banks, like Revolut and PayPal, allow direct trading of Bitcoin and other cryptocurrencies, but many require you to link your account with external crypto exchanges.

How Safe Is It to Use a Crypto-Friendly Bank?

Crypto-friendly banks implement strong security measures, including fraud protection and encryption, to ensure the safety of your transactions.

What Should I Do If My Bank Blocks a Crypto Transaction?

If your bank blocks a crypto transaction, contact customer support to understand the reason and request approval for future transactions.

What Fees Should I Expect from Crypto-Friendly Banks?

Fees vary by bank, but many offer low or no fees for crypto transactions. It’s best to check your bank’s policy on crypto-related transfers.

Conclusion

The world of crypto-friendly banking in the UK continues to grow, and the 12 crypto friendly banks listed here are leading the charge.

Whether you’re a seasoned trader or just getting started with crypto, choosing the right bank will ensure smoother transactions, better security, and the flexibility to manage both fiat and cryptocurrencies with ease.