SWIFT is the most popular method for receiving and sending international wire transfers hassle-free.
If you want to learn how to buy bitcoin with SWIFT, then in this guide we are covering the best ways you can buy bitcoin directly using SWIFT international wire transfer.
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Last Update February 8th, 2024. SWIFT is an international payment system used by over 100,000+ banking institutions and millions of banking customers to send and receive money securely and instantly.
SWIFT is a secure and popular method for buying and selling bitcoin and cryptocurrencies online.
If you are buying or trading bitcoin in high volumes with SWIFT international wire transfer our recommendation is to use Kraken or Etoro for your trading needs.
Where To Buy Bitcoin With International Wire Transfer (SWIFT)
 | Kraken | Free | Worldwide |
 | Coinbase | Free | 102 countries (see full list) |
 | Etoro | Free, $5 withdrawal fee | Worldwide |
 | CEX.IO | 0.3% + $ 25.00 | Worldwide |
 | Gemini | Free | 60+ Countries |
Table of Contents
- Where To Buy Bitcoin With International Wire Transfer (SWIFT)
- How Can I Buy Bitcoin With International Wire Transfer (SWIFT)?
- 6 Ways To Buy Bitcoin With International Wire Transfer (SWIFT)
- Kraken
- Coinbase
- Etoro
- CEX IO
- Gemini
- Coinmama
- What Is A SWIFT International Wire Transfer?
- What Is A SWIFT Code And IBAN?
- How SWIFT Works
How Can I Buy Bitcoin With International Wire Transfer (SWIFT)?
If you want to buy bitcoin using SWIFT International Wire Transfer then you have to find a reputable exchange or marketplace that will let you do it.
How To Buy Bitcoin With SWIFT International Wire Transfer 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 SWIFT wire transfer as the payment method.
6 Ways To Buy Bitcoin With International Wire Transfer (SWIFT)
Kraken
| 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 and offers a vast selection of cryptocurrencies and internationally accepted funding methods.
Kraken Pro provides individual and institutional investors with advanced 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
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Coinbase
| 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 |
Etoro
| 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 investment platform. The value of your investments may go up or down. Your capital is at risk.
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).
Minimum first time deposit for US users is $100 USD and $200 USD for most countries.
Etoro accepts deposits in USD, EUR, GBP, and AUD. Watch this video to get a step-by-step guide on how to buy bitcoin on Etoro.
Pros
- Diverse selection of markets
- Excellent reputation
- User-friendly interface
- Great customer support
- Low fees
Cons
- Bitcoins can not be withdrawn
Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more. https://med.etoro.com/B21058_A96320_TClick.aspx
Crypto assets are unregulated & highly speculative in some EU countries. No consumer protection. Capital at risk.
Crypto investing is offered by eToro (Europe) Ltd. and custody is provided by eToro Germany GmbH. Your capital is at risk.
eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. See PDS and TMD.
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
76% 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
| 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 |
Gemini
| 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 |
Coinmama
| 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 |
What Is A SWIFT International Wire Transfer?
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) is an organization that was founded in 1973 to establish common standards and processes for financial transactions. The SWIFT system is a vast messaging network used by banks around the globe to instantly, accurately, and securely send and receive information, such as money transfers and instructions.
What Is A SWIFT Code And IBAN?
A SWIFT code, or BIC, is made up of 8 characters and is used to identify an individual bank.
An IBAN, or International Bank Account Number, helps banks to identify your specific account for payments. The IBAN is not used in every country.
Both items can be found on your bank statement.