Three Ways to Buy Bitcoin with Bank Account
A bank transfer is a convenient and safe option to purchase BTC by using your bank account money. It is safer than other options and has a low fee. Depending on the place and the exchange you choose, you can easily purchase BTC either through a bank transfer or a SWIFT wire transfer. No matter you are a novice trader or professional, buying Bitcoin via bank is simple.
Some of the ways to buy Bitcoin with bank account are given below:
Etoro has helped in opening the financial markets for everyone. The US platform offers crypto trading. You can make deposits via online bank transfer, card payments, wire transfer, e-wallet (such as PayPal, Skrill and Neteller) and has a low deposit amount of $50. You can easily withdraw money anytime from here.
How to use Etoro?
- Make an account on Etoro.
- Allow multi-factor authentication
- Click deposit and choose the deposit funds options
- Choose “Online banking” or “Wire transfer” as your selection
- Mention the amount you want to deposit
- Log in to your bank and make the deposit
- Check the details and if you are satisfied, then click on “pay”
- As soon as the Etoro account gets credited, start with your trading. You can select your preferred market limit order and mention the amount of BTC you want to purchase.
Coinbase is a renowned Bitcoin exchange in today’s time. It has a beautiful user interface and is brilliantly accessible by everyone. It is also available for Android and iOS platforms. Coinbase makes it simple to transfer money through your bank account to BTC. You can make deposits in USD, EUR, SGD, AUD, CAN and GBP. The ACH transfer is free while the wire transfer costs $10.
How to use Coinbase?
You can easily purchase Bitcoin with Coinbase within minutes:
- Make an account on Coinbase.
- Verify your ID details to avoid any kind of fraudulent or ID theft.
- Fund your account via bank account deposit or wire transfer.
- You can easily send, receive purchase and sell BTC now
It is a crypto exchange with millions of people from all over the world buying BTC via a debit or credit card. It offers multiple payment options like ACH, SWIFT, SEPA with round the clock customer support and good stability. It is very famous in the trading niche and you can easily purchase BTC with a bank account here. It uses USD, EUR, GBP and RUB. You can go for bank deposits via VISA, SEPA, Mastercard and Faster Payments.
How to use CEX.IO?
With just few clicks, you can buy BTC via your bank account on CEX.IO
- Make an account on CEX.IO.
- Get your ID approved to avoid any kind of trouble
- Click Deposit on the dashboard and select payment option “SWIFT”
- Mention all the required details. You can choose more than one account.
- Now you can buy Bitcoin directly or via a trading interface.