How To Buy Bitcoin With Bank Account

So you want to buy bitcoins with your bank account instantly and at a low cost? We list some online services that allow you to securely purchase digital bitcoin currency by connecting your bank account. Buy bitcoin with online banking. What is the fastest way to buy bitcoin with a bank account?

Buy Bitcoin with Bank Account at CEX.iorecommended option

Trading platform offers an option to buy bitcoin currency via bank account. You need to complete several steps for account verification before you can actually buy bitcoin online, so this is not an easy and quick process. But if you are planning to buy cryptocurrency more often, the hassle is well worth it.

Wire transfers in USD, EUR, and GBP are now fully available to all verified users in locations where wire deposits and withdrawals are allowed. Deposits in USD, EUR, and GBP to your account via bank transfer are entirely free. You’ll always receive the amount you send, even though their payment processor charges some commission. In the last few weeks they substantially improved their services: “As one of the few crypto exchanges that support fiat payments, we are determined to enable our clients to move their funds efficiently.

Buy BTC With Bank Account

They also accept debit and credit cards as a payment method.

Use Bank Account to Buy Bitcoin at Coinbase

Coinbase allows users to purchase bitcoins by directly transferring money from a bank account. Currently they support 33 countries, including US, Canada, European Union countries, Australia and Singapore.

To buy bitcoin online with a bank transfer instantly, you must first link your bank account to your online account. That is why we especially recommend Coinbase to U.S. users as most banks can be connected immediately and securely by providing your online banking username and password when requested (like Bank of America, Chase, Wells Fargo, etc.). Additional security questions may be required as well depending on your bank’s security procedures. Linking a bank account to your online account is also possible through an initial deposit method which takes 1-2 business days after you send the funds to complete.

Once completed, your bank account will be linked and available to use. Verified users can create instant-purchases, which credits bitcoin to their account even before the bank transfer clears. They also have a credit card service which gives you bitcoins instantly to your account. If you buy more than $100 worth of bitcoin through this link, you’ll get $10 of free bitcoin (to be honest, we too!).

Luno Makes it Safe And Easy to Buy Crypto

Sign up for your free Luno Wallet Wallet on the web, iOS, or Android, and follow a few easy steps to set up your profile. Choose your preferred payment method like bank transfer or credit card to add money to your Luno Wallet. Buy Bitcoin, Ethereum, XRP, or Litecoin, then securely store it in your Wallet or send it on easily to friends.

It Gets Way Better

Presenting the Luno BTC Savings Wallet. Simply move your BTC in and you’ll earn a targeted rate of 4%* interest per annum. For more offers like this, check our dedicated page about bitcoin savings accounts. We list several ways to earn interest on your bitcoin holdings.

Buy Cryptocurrencies at Uphold

Uphold is a full financial platform for moving, converting, transacting and holding any form of money or commodity. If you’re based in Europe, China, or the United States, and want to purchase some bitcoin, you can add funds to your Uphold account.

They offer wire and SEPA deposits which are free. Additionally, for US bank accounts ACH bank transfers are available, though it takes 3-5 days to complete. Besides bitcoin, you can also buy gold and other digital currencies here. Before you begin with your bank deposit, please make sure you are a verified member (in most cases, verification is complete within minutes).

Uphold does not charge any fees when funded from your bank account. However, you will pay a conversion fee from your deposited currency to bitcoin – 0.65%.

Buy BTC with Bank Account at Bitstamp

First thing you need to do is transfer some money into your Bitstamp account. To buy bitcoin with a bank transfer, you must create an account with Bitstamp, go to the deposit section and select the preferred method of transferring funds. Make a bank deposit via SEPA, wire transfer or some other method.

You will get a unique 11 digit reference code and their account information where your funds must go. Once they receive your bank deposit, they will credit your account to start purchasing bitcoins right away. Digital currency purchases are not instant; the whole procedure usually takes 3 – 5 business days. Bitstamp has recently partnered with Dukascopy Bank, one of the leading Swiss online banks, to enable crypto funding on its platform.

Buy Bitcoins with Bank Transfer at Bitpanda

Bitpanda is Europe’s leading retail exchange for buying and selling cryptocurrencies like Bitcoin, Ethereum and more. Fast, secure and 24/7.

It serves mostly customers from the European Union, that is why bank transfers are only available in EUR, GBP, or CHF. You need to verify your account before you make a deposit! The website has great usability, and all the verification and buying process is smooth and nice. Please note that the transfer can take between 2-3 business days. They do not charge any fees. If you are from EU, we highly recommend them.

Buy Bitcoin with a Bank Account in the USA

If you own US bank account with online banking access (Bank of America, Wells Fargo, Citigroup, Chase etc.), you may want to buy bitcoins with direct ACH transfer. Buying bitcoin with ACH transfer comes with the lowest possible fees alltogether when buying bitcoins.

Buy BTC with Various Methods at Coinmama

CoinMama has a good service. This is probably the fastest way to get your bitcoins with a credit card. While credit card service is available worldwide, buying crypto with bank transfer is available for European and UK users. They currently accept a maximum sum of 12,000 USD per business day.

Verification is fast, and it usually happens within one hour. They have good user support too. Bitcoins are sent instantly after purchase confirmation. They do not limit you to a maximum amount of bitcoins that you can buy. If you are already a verified customer, you can get your coins immediately.

The only problem is that their service comes at a high price. They advertise their bank services with a 0% fee, however, the exchange rate for bitcoins is way above the daily rate on the major trading platforms.

Other Providers

There are other providers that somehow did not make to the list above, please check them if you think they can be useful to you: Paybis, CoinCorner and AlfaCash. Bitfinex allows customers to deposit large amounts of funds using SWIFT.

Get BTC with Bank Transfer


  • Bank account transfer is usually the cheapest deposit method for buying coins.
  • If you want to buy bitcoin with Wells Fargo transfer, but don’t want to wait five days for direct ACH transfer to clear (eCheck), you may want to go to LocalBitcoins or BitQuick.
  • If you want to skip institutions and verifications, some people at Paxful will sell BTC. Paxful is the safest peer-to-peer marketplace to buy and sell Bitcoin with 300+ payment methods.
  • eToro is a social trading platform, and lets you deposit via your bank account. Here you don’t get to buy actual bitcoins but still gain exposure to its price moves.
  • Please check also other options to buy bitcoins.

14 thoughts on “How To Buy Bitcoin With Bank Account”

  1. I’ve used CoinCorner many times before. They used to be bank transfer only which was fine, but now they accept credit and debit cards which is so much better! It’s personal opinion, of course, but I find bank transfers take too long!

    1. coinbase is literally the worst platform on this planet (and probably any other lol) they lock up your coins for no reason and won’t tell you why. i had over 80k in my account (70k came from another wallet too) and 10k i bought with bank transfer… they took the money out of my bank and everything went fine then I log in and bam account is locked… and their response is basically too bad too sad and we won’t tell you why so dont ask again.

    1. Contact me and I will show you how to buy bitcoin in Nigeria with ATM card instant fund

  2. I tried Coinbase but I got stuck on the identification step – they use the webcam on your machine and mine will not focus on the shiny surface of passport or drivers license. They also reflect the light from the laptop screen which the webcam cannot handle. It sounds like a good replacement for scanning, but I guess not.

    Guess I will try something else.

  3. Any remote chance of buying BitCoin without any form of ID? On vacation and had wallet stolen within an hour of landing…I know my SSN

  4. Hi. I have been trying for months to purchase bitcoin but regardless of the sites I used either did not service my area or I could not pass verification. I now believe that verification was not the problem, but my financial institutions. My last attempt was at Changling. In this attempt, I made 3 attempts to make a purchase. 1st with my Chase credit card, 2nd with my Community Bank Debit card and 3rd with a Prepaid Walmart credit card, managed by Green Dot. These transactions go thru Simplex and were all denied. I then called Chase credit card company to find out why it was denied and they told me that Simplex is a legitimate company but Chase does not support the purchase of Bitcoins. So I am assuming that is the same case with my Bank and prepaid card services. Could you list the financial institutions that you know will allow the purchase to complete and I will be glad to open a account with them to make a transaction. Thanks

    1. Did you try Uphold? They provide direct ACH billing of your US bank account. I use it often with some other bank, but should be okay with Chase also.

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