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How to Buy Bitcoin with Bank Account OR Instant Transfer
The safest way to buy a bitcoin is with a bank account or wire transfer. Many people prefer this method for many reasons.
Banking institutions are also expanding the idea of cryptocurrency as a financial asset, and some, such as Wirex, have added the right to exchange to the app.
In this blog we will teach you step by step how you can buy bitcoin quickly and securely through bank account or wire transfer.
Benefits
Large is good for large quantities and high volume transactions
- Easy and safe
Credit Less fees than using a credit card or debit card
Disadvantages
Sometimes it can be slow
10 Ways to Buy Bitcoin with a Bank Account or Transfer Instantly and Securely
The following are 10 digital currency exchanges where you can buy bitcoins instantly and securely with a bank account or wire transfer.
1- Etoro
Rating: 1
Website: etoro.com
CEO: Unisia
Headquarters: London, United Kingdom
Founders: David Ring, Ronan Asia, Unisia
Established: 2007
Customer Service: Knowledge Base
Etoro is a multi-asset platform that offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.
Please note that CFDs are complex devices and there is a greater risk of losing money quickly due to leverage. When trading CFDs with this provider, 75% of retail investors lose money. Thats why to Buy Bitcoin with Bank Account is very simple process.
You should consider whether you understand how CFD works and whether you can afford to risk losing more money.
Since 2007, ETO has been democratizing money management, traditional money management, to open up financial markets everywhere, everywhere.
Deposits can be made via online bank transfer, wire transfer, e-wallet (PayPal, Scroll, or Neteller), or bank card, and the minimum deposit is $ 50. Customers can withdraw funds from their Etoro account at any time and from their platform without any fees (although charges from your bank may apply).
Etoro accepts deposits in USD, EUR, GBP, JPY, AUD, RUB, CNH, and CAD.
Pros
- Markets Different Selection of Markets
- . Good reputation
- User friendly interface
- customer Great customer support
- Low fees
Cons
- Bitcoins can only be issued in the form of Fight currency
It was Established in 2007 in the UK, ETO is a trading platform where customers can buy BTC using bank transfer or deposit.
For USA Residents Online, the easiest way to fund your wallet is through online banking or Swift transfer.
Depending on your country of residence, you can also fund your account with Nutler, Scroll, PayPal, Visa, or MasterCard, all of which are protected by SSL technology to Buy Bitcoin with Bank Account with process.
You must be at least 18 years old to open an account. The Etoro app is available on both iOS and Android devices.
How to use Etoro
- Step-1: Create an account with Ato.
- Step-2: Enable multi-factor authentication.
- Step-3: Click “Deposit” and select “Deposit Funds”.
- Step-4: Select ‘Online Banking’ or ‘Wire Transfer’ as the preferred payment method.
- Step-5: Enter the required deposit amount.
- Step-6: Log in to your bank account to make a deposit.
- Step-7: Review the transaction details. If they have content, click “Pay”.
- Step-8: Once credited to your Atoro account, go to the Trading page. Here, select your preferred market range order and enter the bitcoin you want to buy.
Withdrawal:
eToro is a multi-platform platform that offers both trading in stock and cryptocurrencies as well as trading CFD assets.
Please note that CFDs are complex devices and there is a greater risk of losing money quickly due to leverage.
75% of retail investors lose money when trading with this provider. You need to consider whether you understand how CFD works, and whether you are at greater risk of losing your money.
Cryptocurrencies are highly volatile, volatile investment products. There is no protection for EU investors.
ETORO USA, LLC does not offer or represent any CFD and does not assume any responsibility for the accuracy or completeness of the content of this publication, which our partners e Created using publicly available, non-company specific information about Turu.
Related Topic: Blockchain Technology
2- Coinbase
Another Process to Buy Bitcoin with Bank Account is Coinbase Exchange
Rating: 1
Website: coinbase.com
CEO: Brian Armstrong
Headquarters: San Francisco, California
Founders: Brian Armstrong, Fred Ahrasm
Established: 2012
Customer Service: Knowledge Base
More info: Read the Review
Coinbase is the dominant US cryptocurrency exchange known, used and trusted by millions of users around the world. The global user interface is both colorful and accessible, and even a mobile app is available for Android and iOS.
Coinbase accepts deposits in USD, EUR, GBP, CAN, AUS, and SGD.
Pros
- Reputation
- User friendly interface
- High liquidity
- sing Large purchase limits
- security Strong security
Cons:
- It takes time to respond to support
- bank Slow bank transfers
It was Established in 2012, Coinbase is a popular cryptocurrency exchange platform with over 30 million users. Coin Base makes it easy to transfer funds from your bank account directly to Bitcoin.
Coin base makes it easy for buyers and traders to buy, sell and trade cryptocurrencies.
How to use Coin Base
With Coin Base, you can own a bitcoin in minutes.
- Step-1: Create an account with Coin Base.
- Step-2: Verify your identity (using Photo ID) to prevent fraud or identity theft.
- Step-3: Invest funds in your Coin Base Account by bank account deposit or wire transfer.
- Step-4: You can now send, receive, buy, sell and store bitcoins.
Related Topic: Financial Crisis in The World
3- Cex.io
Rating: 1
Website: cex.io
CEO: Oleksandr Litzkevich
Headquarters: London, United Kingdom
Founders: Oleksandr Litzkovich, Dmitry Klyanovsky, Victoria Polivakova, Peter Ivanov
Established: 2013
Customer Service: Knowledge Base
More info: Read the Review
CEX.IO is a multifunctional currency exchange trusted by millions of users worldwide and allows users to seamlessly purchase bitcoins with a credit card or debit card.
CEX.IO features multiple payment options (Swift, SEPA, ACH, fast payment), 24/7 customer support and proven platform stability.
CEX.IO accepts deposits in USD, EUR, GBP, and RUB.
Pros
- Established and reliable
- worldwide is supported worldwide
- Low fees
- credit Easy credit card purchase
- Clean user interface
Cons
The authentication procedure requires private information
Length confirmation time
It was Established in 2013, CEX.IO is gaining popularity among others in the trading industry. Its popularity comes from the easy purchase of BTC with a bank account from its platform.
EX CEX.IO supports bank deposits via VISA, MasterCard, ACH, SEPA, SWIFT, and fast payments.
How to use CEX.IO
After linking your bank account to your CEX.IO account, you can purchase bitcoins in just a few clicks.
- Step-1: Create an account with CEX.IO.
- Step-2: Confirm your identity. It’s easy to do and you have a support team to guide you.
- Step-3: Go to the deposit button on your dashboard and select the payment method ie Swift.
- Step-4: Enter all the necessary information to prove that you own the account. You can add more than one bank account.
- Step-5: Buy bitcoins directly or with a trading interface.
4- Kraken
Rating: 1
Website: kraken.com
CEO: Jesse Powell
Headquarters: San Francisco, California
Founder: Jesse Powell
Established: 2011
Customer Service: Knowledge Base
Kraken is the world’s largest bitcoin exchange in terms of both total volume and liquidity and accepts almost every type of bank or wire transfer as a method of funding.
Kraken Pro provides real-time trading and charting tools to individual investors.
Cricin accumulates in dollars, euros, CAD, GBP, JPY, and CHF.
Pros
- * Respectable reputation
- Global support
- customer Reliable customer support
- tiered certification
- ord cheaper fees
Cons
- Payment Some payment methods
- OPH sophisticated UI
The Exchange was Established in 2011, Kraken is like many excellent exchange platforms where investors can trade BTC using funds from their bank account.
The ounts account can be financed using cryptocurrencies and deposits using a bank account.
How to use Kraken
- Step 1: Create an account with Kraken.
- Step 2: Enter the activation key sent to your email to activate your account.
- Step 3: After opening the account, you need to fund it.
- Step 4: You can fund your account using a variety of different bank account or wire methods.
- Step 5: Click Submit and follow the instructions. The amount you can deposit depends on your endorsement level.
5- CoinMama
Rating 1
Website: coinmama.com
CEO: Sagi Bakhshi
Headquarters: Israel
Founders: Lawrence Newman, Nimrod Gobber, Alan Schuster
Established: 2013
Customer Service: 24/7 Email Support and Knowledge Base
More info: Read the Review
Skemama specializes in selling instant bitcoins and cryptocurrencies via credit card, or bank transfer, and is the world’s most popular exchange.
Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY.
Pros
- Available worldwide
- Higher purchase limits
- end Reliable and trustworthy
- leadership Excellent leadership and customer support
- Fast and secure transactions
Cons
- A Higher fees when shopping with a credit card or debit card
- Processing processing time delay
It was Founded in 2013, Coinmama in Europe was created to provide easy wallet financing through SEPA transfers in Europe.
Europe People who live far away from Europe can buy BTC as a fundraiser through Swift International Bank Transfer. Purchases made with bank transfers are free, while purchases made with credit or debit cards have a 5 processing fee.
How to use Coinmama
- Step 1: Create an account with Coin Mama.
- Step 2: Provide your documents and verify your account.
- Step 3: Get a crypto wallet to buy and sell cryptocurrencies.
- Step 4: Log in to your account and select the crypto that you would like to buy in the currency of your choice. Select the cryptocurrency and click “Buy Now”.
- Step 5: Enter your wallet address and choose your payment method. This could be a debit card, credit card or bank transfer using SEPA, SWIFT, or faster payment.
- Step 6: Verify your wallet address and your coins will be distributed.
- Step 7: See “My Account” for more information.
6- Gemini
Rating: 1
Website: gemini.com
CEO: Cameron Winklow, Tyler Winklow
Headquarters: New York, New York
Founders: Cameron Winklow, Tyler Winklow
Founded: 2014
Customer Service: Knowledge Base
Gemini is an easy, beautiful and secure way to build your bitcoin and crypto portfolio. Gemini has a low fee and a strong reputation.
The login dashboard makes it easy for investors to view a snapshot of their holdings.
Gemini currently accepts deposits in US dollars for trade.
Pros
- Ability to set real time market limit orders
- Low fees
- Clean user interface
- reputation Strong reputation
- customer Great customer support
Cons
countries Special for limited countries
Founded in 2014 by Cameron and Tyler Winklows, Gemini is one of the most commonly used BTC exchange platforms by investors.
Discounts for first time traders and investors who trade more than 10 BTC in the first 30 days. Although Gemini is available in most US states, Gemini does not currently serve Hawaii.
Gemini is safe and his funds are safe through FDIC. Users can use ACH or SWIFT wire transfer to purchase Wikipedia.
How to use Gemini
- Step-1: Create an account with Gemini.
- Step-2: Enter your details and click “Create My Account”.
- Step-3: Check your email for activation code to activate your account.
- Step-4: Add your phone number for verification and you can use two-factor authentication to improve security.
- Step-5: Now, fund your own account for the first purchase. You can use ACH Deposit, Swift Wire Transfer, or Crypto to fund your account.
- Step-6: Now you can purchase your bitcoin.
7- Wirex
Rating: 1
Website: wirexapp.com
CEO: Paul Matoev
Headquarters: London, United Kingdom
Founders: Dmitry Lazarich, Pavel Matoev
Founded: 2014
Customer Service: Knowledge Base
Wirex is a debit card that automatically converts multiple crypto and fiat currencies at the point of sale, and allows you to spend anytime, anywhere, in real life from your virus account.
Once you deposit money into your Virus account, you can instantly switch apps or online in any currency.
Wirex accepts deposits in AUD, CAD, EUR, CHF, CZK, GBP, HKD, JPY, MXN, SGD, and USD.
Pros
- Funding Multiple funding methods
- Ability to buy Bitcoin at market rate
- Wallets and exchanges
Cons
- initial start time
- not supported in all countries
Founded in 2014 in the UK, the virus provides corrupt and banking solutions in the United States and many other countries.
On this platform, users can fund their Virus Wallet using funds from their bank accounts. In contrast, these funds can be exchanged for BTC at any time.
To access all of these features, you must verify your identity and approve. Bitcoin trading on Vitex is made even easier when you have the card and app available on both iOS and Android.
How to use Wirex-To Buy Bitcoin with Bank Account
- Step-1: Creation of account with Wirex.
- Step-2: After activating the account, you need to order a virus debit card.
- Step-3: To start using your account, you need to add some funds to your wallet. You can do this by bank transfer via SEPA, SWIFT or fast payments.
- Step-4: You can also fund your account using cryptocurrency.
- Step-5: To use the Virus app, you need to get a virus card. Check your dashboard, select a card and fill in your personal information to order a card.
- Step-6: Load money into your card and start trading bitcoin.
8- Bittrex-To Buy Bitcoin with Bank Account
Rating: 1
Website: bittrex.com
CEO: Bill City
Headquarters: Seattle, Washington
Founders: Bill Shehara, Richie Lai, Rami Kawach
Established: 2013
Customer Service: Knowledge Base
Bittrex is one of the largest cryptocurrency trading platforms in existence and serves customers worldwide.
Bittrex currently only accepts USD deposits for Fight Trading.
Pros
- A large number of cryptocurrency pairs
- security Strong security
- Confidentiality
Cons
Customer support
Founded in 2013, Bittrex makes it easy to trade hundreds of different cryptocurrency pairs with high security.
Baltex does not charge a fee or refund with the wire transfer.
How to use Bittrex-To Buy Bitcoin with Bank Account
- Step-1: Create an account with Bittrex.
- Step-2: Verify your account and identity.
- Step-3: Apply for ‘Fiat (US Dollar) Trade, Deposit and Retrieval’.
- Step-4: Once your bank account is whitelisted, go to your holdings and type in “US State.” Dollars.
- Step -: Click Return and complete the information to your bank properly (if this is your first transfer).
- Step-6: The wire will be credited to your account in 24 to 48 hours.
Related Topic: Bitcoin Usage
9- Pay base-To Buy Bitcoin with Bank Account
Rating: 1
Website: paybis.com
CEO: Innocent Eisers
Headquarters: Glasgow, United Kingdom
Founders: Innocence Isers, Konstantin Vasilenko, Arturus Marquez
Founded: 2014
Customer Service: Knowledge Base
Pubis is a digital and cryptocurrency exchange that specializes in fast and reliable transactions, providing a wide range of payment options.
PayBas accepts deposits in USD, Euro, CAD, GBP, and JPY.
Pros
- sing Large purchase limits
- payment Wide range of payment options
- Intuitive and user-friendly interface
- Global support
- 24/7 Multilingual customer service
Cons
- Bank transfer may take 1 to 5 days to complete
- Above average fees
Founded in 2014, Pubis is a cryptocurrency exchange that aims to facilitate the exchange of cryptocurrencies (and digital currencies) for users around the world.
One of the biggest advantages of the platform is its extensive payment options. You can also choose from Swift Wire Transfer and SEPA Bank Transfer, and some of the popular e-Violets like Scratcher, Neteller, Payeer, and Ad Cash.
How to use Paybis-To Buy Bitcoin with Bank Account
- Step-1: Register on paybase and fill in the required information. Instead, you can speed up the process by using your Facebook or G + account to log in.
- Step-2 After selecting your payment and payment method, log in to your newly created account and start the transaction.
- Step-3 Go through Instant Identity Verification and enter your payment option information.
- Step-4 Follow the on-screen instructions and complete the payment. Your funds will be provided as soon as we receive your payment.
that’s it! You have successfully completed a transaction on Paybase.
10-Paxful-To Buy Bitcoin with Bank Account
Rating 1
Website: paxful.com
CEO: Ray Youssef
Headquarters: New York, New York
Founder: Ray Youssef, Arthur Sheiback
Established: 2015
Customer Service: Knowledge Base
Paxful is a one-person personal market that supports over 300 payment methods.
Pixfall gives vendors the ability to make offers in all currencies.
Pros
- escrow system
- Security
- payment Different payment methods
- Simple user interface (UI)
- sel A wide variety of sellers
Cons
- Buyers and sellers are at risk of scams
Founded in 2015, Pacfsol is a secure peer-to-peer platform that accepts more than 300+ payment methods, including all types of bank transfers.
Types of supported bank transfers include:
- CH ACH
- P SEPA
- Faster fast payment
- International Wire Transfer (SWIFT)
- omestic household wire transfer
- IMPS transfer
- Intrac online
- PayID
- UPI transfer
How to use Paxful-To Buy Bitcoin with Bank Account
- Step-1: Creation of account with Paxfal.
- Step-2: Activation of account.
- Step-3: Go to “Buy Bitcoin” and then select the payment method ie Bank Transfer.
- Step-4: Open a trade option with the seller and complete the terms.
- Step-5: Receive Bitcoins direct into your quiet wallet.
Related Topic:Use of Bitcoin
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