How to Buy Crypto with Standard Chartered Bank
Summary: While Standard Chartered Bank doesn’t offer crypto trading on its own platform, you can easily use your account to buy crypto using a third-party crypto trading platform.
There are plenty of crypto exchanges to choose from, we recommend using eToro as the exchange to work with.
They have most of the popular cryptocurrencies available, are easy to work with, and have fantastic support!
Buy Crypto with eToro
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As mentioned above, just like most banks, Standard Chartered Bank doesn’t offer cryptocurrency trading directly, as setting up a crypto trading platform is quite complex and comes with regulations and extra requirements for the banks.
Luckily for us, there are plenty of cryptocurrency exchanges to choose from that you can use to buy bitcoin or any other cryptocurrency you might want.
You can sign up for an exchange (we will use eToro as our example because it is a trusted and worldwide exchange) and transfer funds to the exchange to trade crypto.
Table of Contents
How to buy crypto or bitcoin with Standard Chartered Bank
There are only 4 steps involved, let’s get started!
1. Choose a crypto trading platform
As mentioned above, we’ll be using eToro for this guide as they are a widely used exchange and have over 50 cryptocurrencies to choose from. They also have a few really neat features like “Copy Trading”, which enables users to copy the trades of popular investors on the platform.
Let’s get started!
2. Sign up with the trading platform
The first thing to do is to sign up with the platform.
Once you’ve completed the initial sign-up process, you’ll have to go through a quick verification process (also known as KYC).
3. Funding your account
Next up is funding your account. When it comes to depositing money to your eToro account, you have the option to use a bank transfer, PayPal, credit/debit card, and more.
4. Buy cryptocurrency
Finally, just go to the eToro Markets section, find the cryptocurrency you would like, and buy it.
And that’s it, it’s all pretty straightforward, now you know how to buy bitcoin or most other cryptocurrencies with Standard Chartered Bank.
About Standard Chartered Bank
Standard Chartered Private Bank, a British multinational service company with its headquarters in London, has over 1,200 branches in 70 countries.
Standard Chartered employs approximately 85,000 people, and manages assets of US$67.1 trillion.
It is rooted in Asia, Africa and the Middle East. They provide financial services to clients, including corporate and consumer banking as well as institutional banking.
Standard Chartered is regulated by Prudential Regulation Authority, Financial Conduct Authority, and Prudential Regulation Authority.
Standard Chartered claims that it can help clients grow, protect and manage their wealth.
Standard Chartered's bank services can be divided into two main categories:
Standard Chartered says it offers a variety of options to clients who are looking for international banking and easy access. These include:
Standard Chartered offers savings accounts, mortgages, and educational funds to its personal banking clients. Standard Chartered also offers smarter banking, rewards and other solutions to clients' banking needs.
Standard Chartered offers wealth management services to clients, including asset protection, investing and real estate advice. They offer priority bankers 24-hour support and a dedicated relationship manager.
Standard Chartered says that clients with high net worth have specific wealth management goals and needs that require tailored solutions. These clients receive exclusive banking benefits as well as other financial services, which is discussed in this review. A team of advisors is available to help private clients find opportunities that will help them grow and protect their wealth.
2. Bank for corporate clients:
Standard Chartered offers banking solutions to support business needs. They offer services such as employee banking, expert market access, lending, and other global services.
Standard Chartered offers Islamic banking services and Shariah expertise.
Solutions for wealth management
Standard Chartered claims their wealth management services help clients align goals with their portfolio. Their advisory team can offer insights and recommend investment strategies that are completely free from cognitive biases.
Standard Chartered Bank offers these wealth management services:
They claim that they combine market knowledge with fund selection to create personalized, diversified portfolios that can reduce risk exposure and deliver good results. We recommend you read the "expert verdict" section of this review.
Standard Chartered lets you invest in a variety of investment options, including fixed income, equities and precious metals, as well as access to all major stock exchanges.
Standard Chartered claims partnerships with international insurance companies that can provide the best solutions for clients' health, retirement, and legacy.
It offers a variety of lending options in multiple currencies, which can help clients maximize their wealth and diversify investment portfolios while maintaining liquidity.
Standard Chartered is a top-tier, private bank that has a well-known brand. This makes them a great option for international senior investors.
The traditional values that you would expect from a bank are more difficult to attain, such as trust, and a uncompromising duty, of care.
Standard Chartered cannot also go to market to provide the best solutions for you, as it can only push its products and services. This makes Standard Chartered more expensive.