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    • Home • Advice • Common questions

    Can you invest in crypto with a UK pension?

    26 November 2024

    Question by James

    Hi,

    Do you have any knowledge of UK pension providers that allow for investments in cryptocurrencies, such as Bitcoin? Any information or guidance you could provide would be greatly appreciated. Thank you for your time and assistance.

    Best regards,

    James


    Answered by Boring Money

    Hi there,

    You cannot buy cryptocurrency in a SIPP (personal pension) due to FCA regulations in the UK. This is because HMRC does not consider cryptoassets to be currency or money. You can read more about the government's rules on this here.

    The only way to get exposure is to invest in crypto ETFs, crypto-related stocks, or crypto-mining companies, if you believe they'll act as a proxy for actually investing in crypto directly.

    Hope this is helpful!

    Answered by

    Boring Money

    Here to help you understand your options and make smart money choices.

    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
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