How to deposit GBP in my Bitvavo account
This article explains how to deposit and withdraw GBP using your Bitvavo UK account. You will find step-by-step instructions to fund your account and transfer your balance back to your linked bank account.
Before you can begin trading on the UK platform, there are a few requirements you need to meet. Make sure you have a verified Bitvavo UK account and have completed the onboarding process. Before you can buy crypto, you need to deposit GBP from your UK bank account.
How to deposit GBP
App
- Open the Bitvavo app.
- Go to "Deposit".
- Enter the amount and select the payment method you would like to use.
- Follow the instructions to transfer from your bank account.
Once your deposit is confirmed, your GBP balance will be available for trading.
How to withdraw GBP
You can withdraw your GBP balance directly to your linked bank account at any time. Withdrawals are processed to your linked UK bank account.
App
- Open the Bitvavo app.
- Go to "Withdraw".
- Enter the amount and confirm your bank account details.
- Confirm the withdrawal.
Available payment methods
You can fund your GBP balance using one of the following payment methods:
- Faster Payments (FPS) – an instant bank transfer from your linked bank account.
- Credit card – deposit instantly using a Visa or Mastercard credit card registered in your name.
- PayPal – deposit using the PayPal account linked to your Bitvavo profile.
- Apple Pay – deposit instantly on your iPhone or iPad using a card stored in your Apple Wallet.
- Google Pay – deposit instantly on Android using a card stored in your Google Wallet.
Deposit limits, availability, and processing times may vary per payment method. These are generally determined by the payment method or your bank, not by Bitvavo. More information can be found here.
Frequently asked questions
How long does a GBP deposit take?
Most GBP deposits are processed quickly, but the exact time depends on your bank processing speeds.
Can I withdraw to a different bank account?
No, withdrawals are only processed to your linked bank account for security reasons.
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