ACH is a popular way for citizens of the United States and many other countries to send and receive payments using the money in their bank account.
In this guide, we are covering the best ways you can buy bitcoin directly using ACH.
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Last Update May 27th, 2020. ACH is a popular method of payment for banking customers in the United States and various other countries around the world.
ACH is also a popular method of payment for buying and selling bitcoin instantly and securely.
If you are buying or trading bitcoin in high volumes with ACH transfer our recommendation is to use Etoro or CEX.IO for your trading needs.
Where To Buy Bitcoin With ACH Transfer
| Free, $5 withdrawal fee | Worldwide | |
 | Free | Worldwide | |
 | Free | 102 countries (see full list) | |
 | Free | United States, United Kingdom, Canada, Hong Kong, Singapore, South Korea | |
 | 2.9% + $0.30 | 40 countries |
Table of Contents
How Can I Buy Bitcoin With ACH Bank Transfer?
If you want to buy bitcoin using ACH then you have to find a reputable exchange or marketplace that will let you do it.
How To Buy Bitcoin With ACH On Etoro Summary
- Create an account with Etoro.
- Verify your account.
- Connect your bank account and fund your trading portfolio.
- Go to ‘Bitcoin’ and select the amount you want to buy.
- Bitcoins are added to your Etoro portfolio.
That’s it! You have successfully purchased bitcoin with ACH transfer as the payment method.
7 Ways To Buy Bitcoin With ACH
Etoro USA
| Rating: | |
| Website: | etoro.com |
| CEO: | Yoni Assia |
| Headquarters: | Hoboken, New Jersey |
| Founders: | David Ring, Ronen Assia, Yoni Assia |
| Founded: | 2007 |
| Customer service: | Knowledge Base |
Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.
Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).
Etoro USA LLC does not offer CFDs, only real Cryptoassets are available for US users.
Minimum first time deposit for US users is $50 USD and $200 USD for most countries.
Etoro accepts deposits in USD, EUR, GBP, and AUD.
Pros
- Diverse selection of markets
- Excellent reputation
- User-friendly interface
- Great customer support
- Low fees
Cons
- Bitcoins can only be withdrawn in the form of fiat currency
Disclaimer: Etoro USA LLC; Investments are subject to market risk, including the possible loss of principal.
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
75% of retail investor accounts lose money when trading with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Cryptocurrencies are a highly volatile unregulated investment product. No EU investor protection.
eToro USA, LLC does not offer any CFDs and makes no representations and assumes no liability for the accuracy or completeness of the content of this publication, which was created by our partner using publicly available, non-company specific information about eToro.
CEX IO
| Rating: | |
| Website: | cex.io |
| CEO: | Oleksandr Lutskevych |
| Headquarters: | London, United Kingdom |
| Founders: | Oleksandr Lutskevych, Dmytro Kalynovskyi, Victoria Polyakova, Peter Ivanov |
| Founded: | 2013 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of customers worldwide and allows users to buy bitcoin with a credit card or debit card seamlessly.
CEX.IO boasts multiple payment options (SWIFT, SEPA, ACH, Faster Payments), 24/7 customer support, and proven platform stability.
CEX.IO accepts deposits in USD, EUR, GBP, and RUB.
Pros
- Established and trustworthy
- Supported worldwide
- Low fees
- Simple credit card purchases
- Clean user interface
Cons
- Verification procedure requires private information
- Lengthy verification time
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Coinbase
| Rating: | |
| Website: | coinbase.com |
| CEO: | Brian Armstrong |
| Headquarters: | San Francisco, California |
| Founders: | Brian Armstrong, Fred Ehrsam |
| Founded: | 2012 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
Coinbase is the dominant U.S. cryptocurrency exchange that is known, used and trusted by millions of customers worldwide. The world-class user interface is both colorful and accessible and there is even a mobile app available for Android and iOS.
Coinbase accepts deposits in USD, EUR, GBP, CAN, AUS, and SGD.
Pros
- Established reputation
- User-friendly interface
- High liquidity
- Large purchasing limits
- Strong security
Cons
- Support takes time to respond
- Slow bank transfers
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Gemini
| Rating: | |
| Website: | gemini.com |
| CEO: | Cameron Winklevoss, Tyler Winklevoss |
| Headquarters: | New York, New York |
| Founders: | Cameron Winklevoss, Tyler Winklevoss |
| Founded: | 2014 |
| Customer service: | Knowledge Base |
Gemini is a simple, elegant, and secure way to build your bitcoin and crypto portfolio. Gemini has low fees and a strong reputation.
The dashboard makes it easy for investors to view a snapshot of their holdings upon login.
Gemini accepts deposits in USD, AUD, CAD, EUR, GBP, and HKD for trading.
Pros
- Ability to set real-time market limit orders
- Low fees
- Clean user interface
- Strong reputation
- Great customer support
Cons
- Exclusive to a limited number of countries
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
XCOINS
| Rating: | |
| Website: | xcoins.io |
| CEO: | Sergey Nikitin |
| Headquarters: | Santa Monica, California |
| Founders: | Sergey Nikitin |
| Founded: | 2016 |
| Customer service: | Knowledge Base |
XCOINS is a peer to peer lending platform on which buyers can buy bitcoins from sellers.
XCOINS accepts loan security deposits and purchases in USD.
Pros
- Simple to get started
- A fast way to acquire bitcoins
- Great for making extra money on the side
Cons
- High fees are incurred
- There is a low transaction limit for new users
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | High | High | HIgh |
Coinmama
| Rating | |
| Website: | coinmama.com |
| CEO: | Sagi Bakshi |
| Headquarters: | Israel |
| Founders: | Laurence Newman, Nimrod Gruber, Ilan Schuster |
| Founded: | 2013 |
| Customer service: | 24/7 email support and Knowledge Base |
| More information: | Read Review |
Coinmama specializes in selling Bitcoin and cryptocurrencies instantly with a credit card, or with bank transfer and is one of the most popular exchanges in the world.
Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY.
Pros
- Available worldwide
- High purchasing limits
- Dependable and trustworthy
- Excellent leadership and customer support
- Fast and secure transactions
Cons
- High fees when purchasing with a credit card or debit card
- Delay in processing time
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Paxful
| Rating | |
| Website: | paxful.com |
| CEO: | Ray Youssef |
| Headquarters: | New York, New York |
| Founders: | Ray Youssef, Artur Schaback |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
Paxful is a person-to-person marketplace that supports over 300 payment methods.
Paxful gives vendors the ability to create offers in all currencies.
Pros
- Escrow system
- Security
- Diverse payment methods
- Simple user interface (UI)
- Wide variety of sellers
Cons
- Buyers and sellers are at risk of being scammed
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
What Is An ACH Transfer?
An Automated Clearing House (ACH) transfer is an electronic bank-to-bank transfer. The ACH system is designed to accept payments in batches and includes payments such as direct deposits, payroll, retail, and vendor payments.
How ACH Works
Where ACH Works
ACH systems can be found all over the world in various countries on different continents. Below you can find the full list of countries that use the ACH banking system.
- Albania
- Argentina
- Australia
- Austria
- Bahamas
- Bangladesh
- Belgium
- Brazil
- Bulgaria
- Canada
- Cayman Islands
- Chile
- China
- Colombia
- Croatia
- Czech Republic
- Denmark
- Egypt
- France
- Germany
- Greece
- Hungary
- Hong Kong
- India
- Iran
- Israel
- Italy
- Japan
- Latvia
- Mexico
- Moldova
- Netherlands
- Nigeria
- Pakistan
- Philippines
- Poland
- Portugal
- Peru
- Macedonia
- Romania
- Saudi Arabia
- Singapore
- Slovenia
- South Africa
- South Korea
- Spain Sweden
- Switzerland
- United Kingdom
- United States
- Venezuela