How To Buy Bitcoin With Bank Account Or Transfer Instantly

Debit CardBank AccountPayPalGift Card

Banks can be found in every region of the globe and provide a wide number of banking services and payment solutions for their customers.

Your local institutional bank may also provide a form of online banking as a method for making secure deposits and purchases.

In this guide we will walk you through the best places where you can buy bitcoin with a bank account or wire transfer TODAY.

Best Bitcoin Trading Platform

Etoro

The World’s Leading Social Trading And Investment Platform For Cryptocurrency

Virtual currencies are highly volatile. Your capital is at risk.

Best Bitcoin App

Coinbase

The World’s Leading Cryptocurrency Exchange Trusted By Over 30 Million Users

Best Bitcoin Exchange

CEX.IO

The Easiest And Most Secure Platform To Buy & Trade Cryptocurrency

Last Update April 20th, 2020. A bank transfer is a secure method for directly purchasing bitcoin using the money in your bank account. Bank transfers are more secure than other methods and they carry the lowest fees.

Depending on your location and the exchange you go with, you can choose to purchase bitcoin with either a bank transfer or international wire transfer (SWIFT).

If you are buying or trading bitcoin in high volumes our recommendation is to use Etoro or Coinbase for your trading needs.

Popular Exchanges To Buy Bitcoin With Bank Account Or Transfer

Company
Fees
Countries Supported
Etoro

Free, $5 withdrawal fee Worldwide
Coinbase


Free102 countries (see full list)
CEX.IO

FreeWorldwide
Kraken


FreeWorldwide
Coinmama

FreeWorldwide
Gemini


FreeUnited States, United Kingdom, Canada, Hong Kong, Singapore, South Korea
Wirex


FreeWorldwide

How To Buy Bitcoin With Bank Account Or Transfer Instantly

The most secure method of purchasing bitcoin is with a bank account or wire transfer. Many people prefer this method for many reasons.

Banking institutions are also becoming more open to the idea of cryptocurrency as a financial asset and some like have Wirex have incorporated the exchange right into the app.

In this guide we will teach you step-by-step how you can buy bitcoin with a bank account or wire transfer instantly and securely.

Advantages

  • Great for transacting large amounts and high volumes
  • Simple and secure
  • Lower fees than using a credit card or debit card

Disadvantages

  • Can be sometimes slow

It doesn’t matter whether you are a beginner crypto trader or a professional, purchasing bitcoin with a bank account is simple.

How To Buy Bitcoin With Bank Account Summary

  1. Create an account with Etoro.
  2. Verify your account.
  3. Connect your bank account.
  4. Go to ‘Bitcoin’ and select the amount you want to buy.
  5. Bitcoins are added to your Etoro portfolio.

That’s it! You can also add more crypto currencies to complete your portfolio or start copytrading for the maximum return on investment.

We have carefully researched and tested every exchange on this list to help you avoid being scammed.


10 Ways To Buy Bitcoin With Bank Account Or Transfer Instantly And Securely

The following are 10 digital currency exchanges where you can buy bitcoin with a bank account or wire transfer instantly and securely.

Etoro

Rating:

Website:etoro.com
CEO: Yoni Assia
Headquarters: London, United Kingdom
Founders:David Ring, Ronen Assia, Yoni Assia
Founded: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 instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs 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.

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, and the minimum deposit amount is $50. 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 accepts deposits in USD, EUR, GBP, JPY, AUD, RUB, CNH, and CAD.

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: 75% of retail investor accounts lose money when trading CFDs


ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Established in 2007 in the United Kingdom, Etoro is a trading platform where users can purchase BTC using bank transfer or deposit.

For USA residents, online banking or SWIFT transfer is the simplest way to fund your wallet.

Depending on your country of residency, you can also fund your account with Neteller, Skrill, PayPal, VISA, or Mastercard which are all protected with SSL technology.

You must be at least 18 years old to open an Etoro account. The Etoro app is available on both iOS and Android devices.

Fees & Limits

Fees

TypeFee
Withdrawal Fee$5

Minimum Withdrawal

TypeMinimum Withdrawal
Withdrawal$30

Deposit Methods

Deposit MethodInformation Needed
Debit Card– Your card number
– Your card’s expiry date
– The CVV code (3 digits on the reverse side of your credit/debit card)
Wire Transfer– Currency and the amount
– Username and transaction reference number
Giropay– The account name and number
– The online password and a TAN to confirm the payment
E-wallet (PayPal, Skrill, Neteller)– Login details
– Once you’ve verified the details, click “Pay”
– Within minutes your trading account should be credited
– If for any reason your request is not approved, you will be notified by email

Minimum First Time Deposit

Country Of ResidenceDeposit Limit
Australia & USA$50
Rest Of The World$200
Corporate Account$10,000

Minimum Deposit Limits

Purchase MethodMinimum Deposit
Wire Deposit$500
Credit Card, PayPal, Neteller, and Skrill$50

Maximum Deposit Limits

Purchase MethodCountryDeposit Limit
China UnionPayHong Kong$50,000
Debit CardUK$20,000
GiropayGermany$30,000
NetellerUK$10,000
PayPalLuxembourg$10,000
SkrillUK$10,000
Wire TransferAll$100,000,000
WirecardGermanyWire – $100,000,000
Credit Card – $20,000

How To Use Etoro

Step 1: Create an account with Etoro.

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 desired deposit amount.

Step 6: Log in to your bank account to complete the deposit.

Step 7: Review the transaction details. If content with these, click “pay”.

Step 8: Once your Etoro account has been credited, go to the trading page. Here, choose your preferred market limit order and enter the amount of bitcoin you want to buy.

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.


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

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Established in 2012, Coinbase is one of the most popular cryptocurrency exchange platforms with over 30 million customers. Coinbase makes it easy to exchange funds from your bank account directly into bitcoin.

Coinbase makes it easy for buyers and traders to buy, sell, and trade cryptocurrency.

Fees & Limits

USA

Purchase MethodFee
Bank Account1.49%
Coinbase USD Wallet1.49%
Debit Card3.99%
Bank Transfer MethodFee
ACH TransferFree
Wire Transfer$10 ($25 outgoing)

Europe

Purchase MethodFee
Standard Buy/Sell1.49%
Debit Card3.99%
SEPA Bank TransferFree / €0.15

UK

Purchase MethodFee
Standard Buy/Sell1.49%
Debit Card3.99%
SEPA Bank TransferFree / €0.15
Faster PaymentsFree

Limits

Purchase MethodLimit
Bank Transfers$1000 / Day
3D Secure Purchases$400 / Week
Card Purchases$400 / Week
PayPal Withdrawals$25,000 / Day
Wire Transfer$250,000 / Wire

How To Use Coinbase

With Coinbase, you can own bitcoin in a few minutes. 

Step 1: Create an account with Coinbase.

Step 2: Verify your identity (using photo ID) to prevent fraud or identity theft.

Step 3: Fund your Coinbase account through bank account deposit or wire transfer.

Step 4: You can now send, receive, buy, sell, and store bitcoin.


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

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Established in 2013, CEX.IO is becoming well-known among others in the trading industry. Its popularity comes from the easy purchase of BTC with a bank account from its platform.

CEX.IO supports bank deposits through VISA, Mastercard, ACH, SEPA, SWIFT, and Faster Payments.

Fees & Limits

USD

Purchase MethodDepositsWithdrawals
VISA2.99%3% + $1.20
Mastercard2.99%1.8% + $1.20
Bank Transfer$00.3% + $25.00
ACH Bank Transfer$0$0

EUR

Purchase MethodDepositsWithdrawals
VISA2.99%€0
Mastercard2.99%1.8% + €1.50
Bank Transfer€00.3% + €25.00
SEPA Bank Transfer€0€0

GBP

Purchase MethodDepositsWithdrawals
VISA2.99%3% + £2.10
Mastercard2.99%1.8% + £2.10
Bank Transfer£00.3% + £25.00
Faster Payments£0£0

Limits

Purchase MethodMinimum Daily DepositMaximum Daily Withdrawal
VISA$20$50,000
Mastercard$20$2,500
SWIFT$300Unlimited
ACH Bank Transfer$20$100,000
Faster Payments£20£250,000
SEPA Bank Transfer€20Unlimited

Account Limits

Account TypeDaily DepositDaily Withdrawal
Intro$500$100
Identity$3,000$10,000
Address$10,000$50,000
EnhancedUnlimitedUnlimited
CorporateUnlimitedUnlimited

How To Use CEX.IO

You can buy bitcoins in a few clicks after linking your bank account to your CEX.IO account.

Step 1: Create an account with CEX.IO.

Step 2: Verify your identity. This is easy to do and you have the support team to guide you.

Step 3: Go to the Deposit button on your dashboard and choose a payment method i.e. 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: Purchase bitcoin directly or with the trading interface.


Kraken

Rating:

Website:kraken.com
CEO: Jesse Powell
Headquarters: San Francisco, California
Founders:Jesse Powell
Founded: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 funding method.

Kraken Pro provides individual investors with real-time trading and charting tools.

Kraken accepts deposits in USD, EUR, CAD, GBP, JPY, and CHF.

Pros

  • Respectable reputation
  • Global support
  • Reliable customer support
  • Tiered verification
  • Affordable fees

Cons

  • Few payment methods
  • Sophisticated UI

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Established in 2011, Kraken is like so many other excellent exchange platforms where investors can trade BTC using the funds from their bank account.

Accounts can be funded with crypto coins and deposits using a bank account.

Fees & Limits

USD

Deposit MethodDeposit MinimumDeposit Fee
FedWire (Normal)$20$5
FedWire (Etana Custody)$150$0
FedWire (High Limit)$50,000$5
SWIFT (Etana Custody)$150$0
SWIFT (High Limit)$50,000$5
Silvergate Exchange NetworkNo Minimum$0
Withdrawal MethodWithdrawal MinimumWithdrawal Fee
FedWire (Normal)$20$5
FedWire (Etana Custody)$150$35
FedWire (High Limit)$50,000$5
SWIFT (Etana Custody)$150$35
SWIFT (High Limit)$50,000$5
Silvergate Exchange NetworkNo Minimum$0

EUR

Deposit MethodDeposit MinimumDeposit Fee
SEPA (Fidor)€1€0
SEPA (Etana Custody)€150€0
SEPA (Bank Frick)€1€0.15
SWIFT (Fidor)€50€5
SWIFT (Etana Custody)€150€0
Withdrawal MethodWithdrawal MinimumWithdrawal Fee
SEPA (Fidor)€5€0.09
SEPA (Etana Custody)€150€1
SEPA (Bank Frick)€100€35
SWIFT (Fidor)Not AvailableNot Available
SWIFT (Etana Custody)€150€35

CAD

Deposit MethodDeposit MinimumDeposit Fee
Domestic Wire Transfer125 CAD0 CAD
In-Person Cash/Debit
(Canada Post)
20 CAD1.25 CAD + 0.25%
InterFIN (High Limit)1,000 CAD0 CAD
SWIFT (Etana Custody)150 CAD0 CAD
Withdrawal MethodWithdrawal MinimumWithdrawal Fee
Domestic Wire Transfer50 CAD0.25%
In-Person Cash/Debit
(Canada Post)
Not AvailableNot Available
InterFIN (High Limit)1,000 CAD0 CAD
SWIFT (Etana Custody)150 CAD35 CAD

GBP

Deposit MethodDeposit MinimumDeposit Fee
Faster Payments (Clear Junction)£3£1.95
CHAPS (Clear Junction)£22£21
SWIFT (Etana Custody)£150£0
Withdrawal MethodWithdrawal MinimumWithdrawal Fee
Faster Payments (Clear Junction)£100£1.95
CHAPS (Clear Junction)£10,000£21
SWIFT (Etana Custody)£150£35

CHF

Deposit MethodDeposit MinimumDeposit Fee
SIC (Bank Frick)1 CHF0.15 CHF
SWIFT (Bank Frick)11 CHF10 CHF
Withdrawal MethodWithdrawal MinimumWithdrawal Fee
SIC (Bank Frick)100 CHF1 CHF
SWIFT (Bank Frick)100 CHF18 CHF

JPY

Deposit MethodDeposit MinimumDeposit Fee
SWIFT (Etana Custody)15,000 JPY0 JPY
Withdrawal MethodWithdrawal MinimumWithdrawal Fee
SWIFT (Etana Custody)15,000 JPY35 JPY

Daily Limit

StarterIntermediatePro
Deposit$0$100,000$10,000,000
Withdrawal$0$100,000$10,000,000

Monthly Limit

StarterIntermediatePro
Deposit$0$500,000$100,000,000
Withdrawal$0$500,000$100,000,000

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 wide number of different bank account or wire methods.

Step 5: Click on deposit and follow the instructions. The amount you can deposit depends on your verification level.


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

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Established in 2013, Coinmama was created in Europe to provide easy funding of wallet through SEPA transfer in Europe.

Those that reside away from Europe can purchase BTC through Coinmama with SWIFT International Bank Transfer as their funding method. Purchases made with bank transfer are free, while there is a 5% processing fee for purchases made with a credit or debit card.

Fees & Limits

Momentum Fee

Purchase MethodFee
Credit Card / Debit Card5%
SEPA Bank Transfer$0
SWIFT$0
Faster Payments$0

Minimum Purchase

Purchase MethodMinimum Purchase
Credit Card / Debit Card$50
SEPA Bank Transfer$50
SWIFT$1,000
Faster Payments$50

Account Limits

Transaction TypeLevel 1Level 2Level 3
Overall Account Spending Limit$15,000$50,000$1,000,000
Daily Spending Limit$12,000$30,000$30,000
Monthly Spending Limit$15,000$30,000$100,000
Maximum # Of Daily Orders101010
Maximum # Of Monthly Orders505050

How To Use Coinmama

Step 1: Create an account with Coinmama.

Step 2: Provide your documents and get your account verified.

Step 3: Get a crypto wallet to buy and sell cryptocurrency.

Step 4: Log into your account and choose the crypto you will like to buy with your preferred currency. Select the crypto amount and click on “buy now.” 

Step 5: Enter your wallet address and choose your payment method. This can be a debit card, credit card or bank transfer using SEPA, SWIFT, or Faster Payments.

Step 6: Confirm your wallet address and your coins will be delivered.

Step 7: Visit “My Account” for more information.


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

Established in 2014 by Cameron and Tyler Winklevoss, Gemini is one of the most commonly used BTC exchange platforms by investors.

There is a discount for first time traders and investors who trade more than 10 BTC within the first 30 days. Although Gemini is available in most U.S. states, Gemini does not currently serve Hawaii.

Gemini is secured and their funds are protected by FDIC. Customers can use ACH or SWIFT wire transfer to buy bitcoin. 

Fees & Limits

Deposit Fees

Deposit TypeFee
ACH$0
Wire Transfer$0
Gemini Dollar$0

Withdrawal Fees

Withdrawal TypeFee
ACH$0
Wire Transfer$0
Gemini Dollar$0

Mobile & Web Purchases

Order AmountTransaction Fee
≤ $10$0.99
> $10 and ≤ $25$1.49
> $25 and ≤ $50$1.99
> $50 and≤ $200$2.99
> $2001.49%

Limits

IndividualMaximum Limit
ACH Deposit$500 / Daily
ACH Withdrawal$100,000 / Daily
Wire TransferUnlimited
InstitutionalMaximum Limit
ACH Deposit$10,000 / Daily
ACH Withdrawal$100,000 / Daily
Wire TransferUnlimited

Withdrawal Minimum

Deposit MethodMinimum
ACH TransferNone
Wire Transfer$100

How To Use Gemini

Step 1: Create an account with Gemini.

Step 2: Enter your details and click on “Create My Account.”

Step 3: Check your email for the 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 account to make your first purchase. You can use ACH deposit, SWIFT wire transfer, or crypto to fund your account.

Step 6: You can now make your bitcoin purchase.


Wirex

Rating:

Website:wirexapp.com
CEO: Pavel Matveev
Headquarters: London, United Kingdom
Founders:Dmitry Lazarichev, Pavel Matveev
Founded:2014
Customer service: Knowledge Base

Wirex is a debit card that automatically converts multiple crypto and fiat currencies at the point of sale, letting you seamlessly spend money from your Wirex account in real life, anytime, anywhere.

Once you add money to your Wirex account you can exchange between any of the currencies in-app or online, instantly.

Wirex accepts deposits in AUD, CAD, EUR, CHF, CZK, GBP, HKD, JPY, MXN, SGD, and USD.

Pros

  • Multiple funding methods
  • Ability to purchase bitcoin at market rate
  • Wallet and exchange

Cons

  • The initial lag time
  • Not supported in all countries

ReputationFeesPrivacyLimits
GreatLowHighHigh

Established in 2014 in the United Kingdom, Wirex provides a solution to crypto and banking in the U.K. and several other countries.

On this platform, customers can fund their Wirex wallet using funds from their bank accounts. Conversely, these funds can be exchanged for BTC anytime.

To access all these features, you have to verify your identity and get approved. Bitcoin trading is made even easier on Wirex when you have the card and app available on both iOS and Android.

Fees & Limits

Account & Card Fees

EuropeAsiaRest Of World
Account Maintenance$0$0$0
Card MaintenancePer month: £1/€1.20/$1.50$0$0
Card Issuance$0$0N/A
Card Delivery$0$0N/A

Deposit And Transfer Fees

Deposit MethodEuropeAsiaRest Of The World
Credit / Debit Card$0$0$0
SEPA (IN)$0N/A$0
SEPA (OUT)$0N/A$0
Faster Payments (IN)£0N/AN/A
Faster Payments (OUT)£0N/AN/A
SWIFT (IN)$0N/A$0
SWIFT (OUT)$15N/A$15

Limits

Deposit MethodEuropeAsiaRest Of The World
Maximum BalanceUnlimitedUnlimitedUnlimited
SEPA (IN)$500,000 / DayN/A$500,000 / Day
SEPA (OUT)$500,000 / DayN/A$500,000 / Day
Faster Payments (IN)UnlimitedN/AN/A
Faster Payments (OUT)£3,000 / DayN/A£3,000 / Day
SWIFT (IN)$500,000 / DayN/A$500,000 / Day
SWIFT (OUT)$500,000 / DayN/A$500,000 / Day

How To Use Wirex

Step 1: Create an account with Wirex.

Step 2: After activating your account, you need to order a Wirex debit card. 

Step 3: To start using your account, you need to add some funds to your wallet. You can do this with a bank transfer through SEPA, SWIFT or Faster Payments.

Step 4: You can also fund your account using cryptocurrency.

Step 5: To use the Wirex app, you need to get a Wirex card. Visit your dashboard, select the card and fill out your personal information to order a card.

Step 6: Load money into your card and start trading bitcoin.


Bittrex

Rating:

Website: bittrex.com
CEO: Bill Shihara
Headquarters: Seattle, Washington
Founders:Bill Shihara, Richie Lai, Rami Kawach
Founded:2013
Customer service: Knowledge Base

Bittrex is one of the largest cryptocurrency trading platforms in existence and serves customers all over the world.

Bittrex currently accepts deposits in USD for fiat trading only.

Pros

  • A large number of cryptocurrency pairs
  • Strong security
  • Privacy

Cons

  • Customer support

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Established in 2013, Bittrex makes it easy to trade hundreds of different cryptocurrency pairs with the highest security.

Bittrex has no fees for deposits or withdrawals made with wire transfer.

Fees & Limits

Fees

Funding MethodFee
Wire Transfer Deposit$0
Wire Transfer Withdrawal$0

Deposit Minimum

Account TypeDeposit Minimum
Personal$50
CorporateNone

Withdrawal Minimum

Account TypeWithdrawal Minimum
Personal$10
Corporate$10

Trading Limits

Trade SizeLimit
Minimum50,000 Satoshi
MaximumUnlimited

How To Use Bittrex

Step 1: Create an account with Bittrex.

Step 2: Verify your account and identity.

Step 3: Fill out an application for ‘Fiat (USD) Trading, Deposits and Withdrawals’.

Step 4: Once your bank account has been whitelisted, go to your Holdings and type in “U.S. Dollar”.

Step 5: Click on Withdraw and have your bank properly complete the information (if this is your first transfer).

Step 6: The wire will be credited to your account within 24 to 48 hours.


Paybis

Rating:

Website: paybis.com
CEO: Innokenty Isers
Headquarters: Glasgow, United Kingdom
Founders:Innokenty Isers, Konstantins Vasilenko, Arturs Markevics
Founded:2014
Customer service: Knowledge Base

Paybis is a digital and cryptocurrency exchange that specializes in fast and reliable transactions while providing a large number of payment options.

Paybis accepts deposits in USD, EUR, CAD, GBP, and JPY.

Pros

  • Large purchasing limits
  • Wide range of payment options
  • Intuitive and user-friendly interface
  • Global support
  • 24/7 Multilingual customer service

Cons

  • Bank transfers can take 1 to 5 days to complete
  • Above-average fees

ReputationFeesPrivacyLimits
ExcellentHighHighHigh

Established in 2014, Paybis is a crypto exchange that aims to facilitate the exchange of cryptocurrencies (and digital currencies) for users worldwide.

One of the biggest advantages of the platform is its wide range of payment options. You can choose from SWIFT wire transfers and SEPA bank transfers, and also some popular e-wallets like Skrill, Neteller, Payeer, and AdvCash.

Fees & Limits

Fees

Purchase MethodFee
Bank AccountBank fees may apply

Maximum Purchase Limits

ScheduleLimit
Daily$20,000
Weekly$50,000

How To Use Paybis

Step 1: Register on Paybis and fill in the required information. You can speed up the process by using your Facebook or G+ account to login instead.

Step 2: Log in to your newly created account and start a transaction, after selecting your payment and payout method.

Step 3: Go through a quick ID verification and enter the information of your payout option.

Step 4: All that is left to do now is follow the on-screen instructions and complete the payment. Your funds will be delivered as soon as we receive your payment.

That’s it! You have successfully completed a transaction on Paybis.

To wrap up, Paybis has been proven to deliver. The overwhelmingly positive customer feedback is a good sign that Paybis is one of the best exchanges to buy Bitcoin with bank account or wire transfer.


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

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Established in 2015, Paxful is a secure peer-to-peer platform that accepts over 300+ payment methods including bank transfers of each kind.

Types of bank transfers supported include:

  • ACH
  • SEPA
  • Faster Payments
  • International Wire Transfer (SWIFT)
  • Domestic Wire Transfer
  • IMPS Transfer
  • Interac Online
  • PayID
  • UPI Transfer

Fees & Limits

Fees

Payment MethodSell BitcoinBuy Bitcoin
Bank Transfer0.5%No Fee
Credit/Debit Card1%No Fee
Digital Currencies1%No Fee
Online Wallets1%No Fee
Cash1%No Fee
Gift Card3% (5% iTunes & Google Play)No Fee

Minimums

Trade TypeMinimum Trade Amount
Buys$10
Sells$10

Verification Levels

LevelVerification NeededPer Trade LimitTrade Volume Lifetime Limit
0None$0$0
1Email and Phone$1,500$1,500
2ID$10,000$10,000
3Address$50,000Unlimited
4Enhanced Due Diligence$50,000+Unlimited

How To Use Paxful

Step 1: Create an account with Paxful.

Step 2: Activate your account.

Step 3: Go to “Buy Bitcoin” and select a payment method i.e. Bank Transfer.

Step 4: Open a trade with the vendor and complete the terms.

Step 5: Receive bitcoins directly into your Paxful wallet.


ExchangeFounding DateSupported Countries
Etoro2007Worldwide
Coinbase2012Worldwide
CEX IO2013Worldwide
Kraken2011Worldwide
Coinmama2013Worldwide
Gemini2014United States, United Kingdom, Canada, Hong Kong, Singapore, South Korea
Wirex2013Worldwide
Bittrex2014Worldwide
Abra2014Worldwide
Paxful2015Worldwide

Where Can I Buy Bitcoin With A Bank Account Or Wire Transfer Instantly?

Coinbase is the best place to buy bitcoin instantly with a bank account and have access to a portfolio with copytrading tools.

Where Can I Buy Bitcoin With A Bank Account At The Lowest Fees?

Kraken and Etoro are your best options with the lowest fees if you are moving large amounts with bank transfer or wire transfer.

Why Is It A Good Idea To Buy Bitcoin With A Bank Transfer Or Wire Transfer?

Buying bitcoins with a bank account is a secure method for buying things online with little to no processing fees. You can move large amounts quickly and seamlessly with low fees.


Buy Bitcoin With Bank Account No Verification

If you want to buy bitcoin using bank account with no verification then you have to find a reputable exchange or marketplace that will let you do it.

How To Buy Bitcoin With With Bank Account No Verification On Paxful Summary

  1. Create an account with Paxful.
  2. Verify your account.
  3. Go to “Buy Bitcoin” and look for a bank account with the symbol “no verification”.
  4. Open a trade with the vendor and complete the terms.
  5. Receive bitcoins directly into your Paxful wallet.

That’s it! You have successfully purchased bitcoin with bank account as the payment method using no verification at all.

Types Of Bank Accounts

This is a popular question for many people who are new to banking. Familiarize yourself with each type of bank account including:

  • Savings Accounts
  • Checking Accounts
  • Interest Bearing Checking Accounts
  • Money Market Deposit Accounts
  • Certificates Of Deposit

Watch this video to learn more.

Does My Bank Accept Bitcoin Purchases?

While not all banks allow the purchase of bitcoin, most do. If you are having difficulty buying bitcoin with your bank-issued card or bank account, consider switching to a bitcoin-friendly bank.

Buying Bitcoin With Online Banking

Online banking makes depositing money simple for customers who only have a login and password and do not have their account and routing number or SWIFT code readily available. Plaid is one such financial services company that is making it easier to connect apps to bank accounts.

Etoro is a popular trading platform that accepts deposits using online banking.

Apps To Buy Bitcoin With Bank Account Instantly

There are many apps you can use to buy bitcoin with a bank account instantly. For example, the Coinbase app has been a top 100 app in the United States iOS app store for many months now.

The table below shows each exchange that has both an iOS or Android app.

ExchangeDownload App
EtoroiOS, Android
CoinbaseiOS, Android
CEX IOiOS, Android
KrakeniOS, Android
GeminiiOS, Android
WirexiOS, Android
BittrexiOS, Android
AbraiOS, Android
PaxfuliOS, Android

Where Can I Buy Crypto With Bank Account Instantly?

Almost every exchange that accepts purchases made with a bank account or wire transfer has many cryptocurrencies to choose from.

ExchangeSupported Cryptocurrencies
EtoroBTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM, EOS, NEO, TRX, ZEC, XTZ
CoinbaseBTC, ETH, XRP, BCH, LTC, EOS, XTZ, XLM, LINK, USDC, DASH, ETC, ATOM, ZEC, BAT, ZRX, REP, DAI, KNC, OXT
CEX IOBTC, ETH, BCH, BTG, LTC, XRP
KrakenBTC, ETH, XRP, LTC, BCH, ALGO, REP, BAT, ADA, LINK, ATOM, DASH, DAI, XDG, EOS, ETC, GNO, ICX, LSK, MLN, XMR, NANO, OMG, PAXG, QTUM, SC, XLM, USDT, XTZ, TRX, USDC, WAVES, ZCASH
CoinmamaBTC, BCH, ETH, ETC, ADA, LTC, QTUM, XRP
GeminiBTC, ETH, LTC, BCH, ZEC
WirexBTC, LTC, XRP, ETH, WAVES, WLO, DAI, NANO, XLM, WXT
BittrexNot listed here, Bittrex supports over 300+ cryptocurrencies.
AbraBTC, ETH, LTC, BCH, XRP, ETC, DASH, EOS, ZRX, REP, BAT, BSV, BLK, GBYTE, BTM, ADA, CRW, CURE, MANA, DCR, DGB, DOGE, EDR, EMC2, ENJ, EXCL, EXP, FLO, FTC, GAME, GEO, GNT, GRS, NLG, ZEN, IOC, KMD, LBC, LSK, LOOM, MEME, MER, MTL, MONA, XMR, MUE, XMY, NAV, XEM, NEO, OK, OMG, PAX, PPC, PINK, PIVX, QTUM, RADS, RVN, SLS, SC, SIB, SOLVE, SPND, SPHR, USDS, SNT, XST, XLM, STRAT, SYS, TRX, UBQ, UKG, XVG, VRC, VTC, VIA, WAVES, ZEC, XCZ
PaxfulBTC

If you only have bitcoin you can instantly exchange it into any other cryptocurrency using Changelly.

What Other Options Do I Have For Buying Bitcoin With My Bank Account?

Those located in the United States and many other countries can use ACH for bank transfers. Citizens of the EU and many other countries that use the Euro as currency can take advantage of SEPA bank transfers. Those located in the UK can also utilize Faster Payments.

Citizens in any and every region of the world can utilize SWIFT for international wire transfers.

Banking customers in the United States can purchase bitcoin using Zelle Pay as a payment method.

Many countries in Europe also have access to Rapid Transfer, which is supported by Skrill, Neteller, and Ecobank.

Klarna (SOFORT) Banking customers are also able to purchase bitcoin using the funds directly from their banking app.