This page lists companies that will let you buy bitcoins with a bank account or bank transfer. Some countries offer specific transfer types, like SEPA transfer or ACH transfer (USA).
Popular Exchanges:
eToro
Supports Bitcoin, Ethereum & 15 other coins
Start trading fast; high limits
Your capital is at risk.
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
Coinmama
Works in almost all countries
Highest limits for buying bitcoins with a credit card
Reliable and trusted broker
Coinbase
Coinbase is the world's largest bitcoin broker. In the United States you can buy bitcoin with a connected bank account via ACH bank transfer. In Europe you can buy with your bank account via SEPA transfer. Purchases made with ACH take 5 days for the coins to be delivered, while SEPA purchases take less than two days. Coinbase charges a flat 1.49% fee on all transactions. Americans may add a Visa or Mastercard credit card to as a backup to unlock instant payments via bank transfer.
PROS
High liquidity and buying limits
Easy way for newcomers to get bitcoins
"Instant Buy" option available with debit card
CONS
Purchases made with bank transfer can take up to 5 days to complete
Coinbase may track how and where you spend your bitcoins
ease icon
Ease of Use - Easy
Privacy - Low
Speed - Average
Fees - Average
Reputation - Trusted
Limits - High
Coinmama
Coinmama supports buying in Europe via SEPA transfer. All other countries can send money to Coinmama using International Bank Transfers (SWIFT). There are no fees on purchases of 1000 EUR or more, while purchases under 1000 EUR cost 20 EUR in fees.
PROS
Works in almost all countries
Highest limits for buying bitcoins with a credit card
Reliable and trusted broker
CONS
Some of the highest fees among credit/debit card bitcoin brokers
Ease of Use - Easy
Privacy - Low
Speed - Fast
Fees - Average
Reputation - Trusted
Limits - High
eToro
eToro is a trading platform and crypto exchange. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.
Deposits can be made quickly via bank transfer, SEPA, NETELLER, PayPal and more. It also offers unique features like copy trading.
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
PROS
Offers unique copy trading feature
Trusted echange that has been active in traditional finance
Interface is clean and easy to use
CONS
You cannot deposit cryptocurrency, but you can deposit with other payment methods
Ease of Use - Easy
Privacy - Low
Speed - Average
Fees - Low
Reputation - Trusted
Limits - High
CEX.io
CEX.io allows for purchases of bitcoins using ACH in the USA or via SEPA transfer for EU countries.
PROS
Support for many countries and regions
Low 0.2% trading fee
Established and trusted exchange
CONS
Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay
GBP market lacks liquidity
Ease of Use - Average
Privacy - Low
Speed - Average
Fees - Average
Reputation - Trusted
Limits - Average
Bitpanda
Bitpanda accepts bank account payments via SEPA, SOFORT, and Online Bank Transfer.
PROS
Some of the lowest fees for buying bitcoins with credit/debit card
Reliable and trusted broker
CONS
Fees aren't shown openly on the site but instead included in the buying price
Ease of Use - Easy
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Coinbase Pro
US customers can fund their Coinbase Exchange trading accounts via ACH or bank wire. Residents of Europe and the UK can fund with SEPA transfer.
PROS
Some of the lowest fees available for US and EU customers
Possible to buy bitcoins for 0% fees
CONS
User interface is confusing for first time buyers
Ease of Use - Hard
Privacy - Low
Speed - Average
Fees - Low
Reputation - Trusted
Limits - High
Gemini
US customers can purchase bitcoins on Gemini by funding their account with ACH transfer.
PROS
Trustworthy and regulated exchange
Instant deposit lets you buy coins quickly (but not withdraw them)
Some of the lowest fees in the US and Canada
CONS
Somewhat confusing to use for new buyers
Not yet available in all US states
Ease of Use - Hard
Privacy - Low
Speed - Slow
Fees - Low
Reputation - Trusted
Limits - High
Kraken
Kraken is the world's largest euro-denominated Bitcoin exchange based on daily average trading volume. It supports bank transfer deposits from US, European, Canadian, British, and Japanese customers. Deposits can be made via international bank transfer, SEPA transfer, and Interac.
PROS
Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
Very low maker fee, falling to 0% with sufficient trading volume
Highly-rated for security and data protection
CONS
Requires ID verification, so not private
Ease of Use - Hard
Privacy - Low
Speed - Average
Fees - Low
Reputation - Trusted
Limits - High
Coinfinity
Residents in Austria can buy bitcoins with a bank account online using SOFORT transfer.
PROS
Trusted and established exchange
CONS
Limited payment methods available
ID verification is required for their exchange, so not private
Ease of Use - Average
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Paymium
Paymium is a Bitcoin exchange based in France; anyone in the country can get bitcoins with a bank transfer using Paymium.
PROS
Established and trusted exchange
Mobile app available
CONS
ID verification required for amounts over €2,500, so not private
Ease of Use - Easy
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Bity
Bity is a Bitcoin broker that makes it possible for all Europeans to purchase bitcoins with SEPA. At first, only verification using a phone number is required.
PROS
Easy to start buying bitcoins after mobile phone verification
Payment limit of up to €100,000 annually after intensive verification
CONS
ID verification is required for most purchases, so not a private way to buy
Low annual limit of only €4,000 without intensive verification
Ease of Use - Average
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Safello
PROS
Available from 32 countries
Offers a wide variety of payment methods
Deep liquidity ensures prices near the fair market rate
CONS
Not a private way to buy since ID verification is required
Ease of Use - Easy
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Bitstamp
Bitstamp is one of the world's largest Bitcoin exchanges. It makes it easy for Europeans to purchase large amounts of bitcoins fast with SEPA bank transfer. Almost anyone in the world can use their bank account to send a wire transfer to Bitstamp, although fees may apply.
PROS
One of the longest-running Bitcoin exchanges
Very low 0.25% fee, falling to 0.1% with sufficient trading volume
Good range of deposit and withdrawal options
Deep liquidity promotes a price close to fair market rate
Offers wide range of altcoins
CONS
Has been hacked before, users should not store funds on the exchange for any period of time
High 8% fee on small credit card purchases, falling to 5% with sufficient trading volume
Geared towards traders; slightly confusing for first time buyers
Ease of Use - Hard
Privacy - Low
Speed - Slow
Fees - Average
Reputation - Trusted
Limits - High
Athena Investor Services
Athena Investor Services offers a unique way to purchase Bitcoin. It's aimed at large volume buyers who are looking to buy between $10,000 and $500,000 worth of bitcoins. The fees are 4% per buy. The fees are high because Athena will work with you and walk you through the buying process with them and offers personalized help. You can only pay via bank wire at this time.
PROS
Easy way to purchase bitcoins for new buyers
High limits for first time buyers
CONS
Higher fees compared to other ways to buy bitcoins with bank transfer in the USA
Ease of Use - Easy
Privacy - Low
Speed - Average
Fees - High
Reputation - Trusted
Limits - High
CoinCorner
CoinCorner is a Bitcoin exchange based in the Isle of Man. Users in the UK and Europe can purchase bitcoins with SEPA, credit/debit card, or GBP bank transfer.
PROS
Trusted and regulated company in the UK
Wide range of payment options
Good customer support
Instant credit card purchases
Supports a very wide range of countries
Video tutorials covering the basics of Bitcoin and buying and selling
Multi-sig security features
CONS
1% trading fee slightly high by European standards
Offers a mobile wallet but this is not ideal for bitcoin storage
Requires ID verification, so not private
Does not provide exchange prices for comparison without sign-up
Ease of Use - Easy
Privacy - Low
Speed - Average
Fees - Average
Reputation - Trusted
Limits - Average
Bitfinex
Bitfinex allows customers to deposit large amounts of funds using SWIFT.
PROS
Very low fees even for low volume buyers; 0.1% for market makers and 0.2% for market takers
One of the best ways to buy large amounts of bitcoins
Allows lending of fiat or bitcoin to margin traders at interest (but this is risky in light of the hack)
Very deep liquidity promotes a price close to fair market rate
Supports several altcoins
CONS
Was recently hacked and has yet to fully compensate all users for their loss
Geared towards traders; possibly quite confusing for first time buyers
Single payment option
Ease of Use - Hard
Privacy - Low
Speed - Varies
Fees - Average
Reputation - Low Trust
Limits - High
What are the pros of buying with a bank account?
The benefits to using a bank account are fees. Bank account is usually the cheapest deposit method for buying coins. Limits are also usually higher when using a bank account, assuming you have verified your account.
What are the cons of buying with a bank account?
The cons are speed. Bank transfers are slow in many countries, so bank transfer is often the slowest way to buy bitcoins.
What about bank vs credit card?
Credit card will be faster, but has higher fees. Bank account is slower but has lower fees.
(c) https://www.buybitcoinworldwide.com/buy-bitcoin-bank-transfer-account/
Popular Exchanges:
eToro
Supports Bitcoin, Ethereum & 15 other coins
Start trading fast; high limits
Your capital is at risk.
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
Coinmama
Works in almost all countries
Highest limits for buying bitcoins with a credit card
Reliable and trusted broker
Coinbase
Coinbase is the world's largest bitcoin broker. In the United States you can buy bitcoin with a connected bank account via ACH bank transfer. In Europe you can buy with your bank account via SEPA transfer. Purchases made with ACH take 5 days for the coins to be delivered, while SEPA purchases take less than two days. Coinbase charges a flat 1.49% fee on all transactions. Americans may add a Visa or Mastercard credit card to as a backup to unlock instant payments via bank transfer.
PROS
High liquidity and buying limits
Easy way for newcomers to get bitcoins
"Instant Buy" option available with debit card
CONS
Purchases made with bank transfer can take up to 5 days to complete
Coinbase may track how and where you spend your bitcoins
ease icon
Ease of Use - Easy
Privacy - Low
Speed - Average
Fees - Average
Reputation - Trusted
Limits - High
Coinmama
Coinmama supports buying in Europe via SEPA transfer. All other countries can send money to Coinmama using International Bank Transfers (SWIFT). There are no fees on purchases of 1000 EUR or more, while purchases under 1000 EUR cost 20 EUR in fees.
PROS
Works in almost all countries
Highest limits for buying bitcoins with a credit card
Reliable and trusted broker
CONS
Some of the highest fees among credit/debit card bitcoin brokers
Ease of Use - Easy
Privacy - Low
Speed - Fast
Fees - Average
Reputation - Trusted
Limits - High
eToro
eToro is a trading platform and crypto exchange. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.
Deposits can be made quickly via bank transfer, SEPA, NETELLER, PayPal and more. It also offers unique features like copy trading.
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
PROS
Offers unique copy trading feature
Trusted echange that has been active in traditional finance
Interface is clean and easy to use
CONS
You cannot deposit cryptocurrency, but you can deposit with other payment methods
Ease of Use - Easy
Privacy - Low
Speed - Average
Fees - Low
Reputation - Trusted
Limits - High
CEX.io
CEX.io allows for purchases of bitcoins using ACH in the USA or via SEPA transfer for EU countries.
PROS
Support for many countries and regions
Low 0.2% trading fee
Established and trusted exchange
CONS
Verification process is extensive, requiring much personal information (including a photo) and incurring a long delay
GBP market lacks liquidity
Ease of Use - Average
Privacy - Low
Speed - Average
Fees - Average
Reputation - Trusted
Limits - Average
Bitpanda
Bitpanda accepts bank account payments via SEPA, SOFORT, and Online Bank Transfer.
PROS
Some of the lowest fees for buying bitcoins with credit/debit card
Reliable and trusted broker
CONS
Fees aren't shown openly on the site but instead included in the buying price
Ease of Use - Easy
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Coinbase Pro
US customers can fund their Coinbase Exchange trading accounts via ACH or bank wire. Residents of Europe and the UK can fund with SEPA transfer.
PROS
Some of the lowest fees available for US and EU customers
Possible to buy bitcoins for 0% fees
CONS
User interface is confusing for first time buyers
Ease of Use - Hard
Privacy - Low
Speed - Average
Fees - Low
Reputation - Trusted
Limits - High
Gemini
US customers can purchase bitcoins on Gemini by funding their account with ACH transfer.
PROS
Trustworthy and regulated exchange
Instant deposit lets you buy coins quickly (but not withdraw them)
Some of the lowest fees in the US and Canada
CONS
Somewhat confusing to use for new buyers
Not yet available in all US states
Ease of Use - Hard
Privacy - Low
Speed - Slow
Fees - Low
Reputation - Trusted
Limits - High
Kraken
Kraken is the world's largest euro-denominated Bitcoin exchange based on daily average trading volume. It supports bank transfer deposits from US, European, Canadian, British, and Japanese customers. Deposits can be made via international bank transfer, SEPA transfer, and Interac.
PROS
Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
Very low maker fee, falling to 0% with sufficient trading volume
Highly-rated for security and data protection
CONS
Requires ID verification, so not private
Ease of Use - Hard
Privacy - Low
Speed - Average
Fees - Low
Reputation - Trusted
Limits - High
Coinfinity
Residents in Austria can buy bitcoins with a bank account online using SOFORT transfer.
PROS
Trusted and established exchange
CONS
Limited payment methods available
ID verification is required for their exchange, so not private
Ease of Use - Average
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Paymium
Paymium is a Bitcoin exchange based in France; anyone in the country can get bitcoins with a bank transfer using Paymium.
PROS
Established and trusted exchange
Mobile app available
CONS
ID verification required for amounts over €2,500, so not private
Ease of Use - Easy
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Bity
Bity is a Bitcoin broker that makes it possible for all Europeans to purchase bitcoins with SEPA. At first, only verification using a phone number is required.
PROS
Easy to start buying bitcoins after mobile phone verification
Payment limit of up to €100,000 annually after intensive verification
CONS
ID verification is required for most purchases, so not a private way to buy
Low annual limit of only €4,000 without intensive verification
Ease of Use - Average
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Safello
PROS
Available from 32 countries
Offers a wide variety of payment methods
Deep liquidity ensures prices near the fair market rate
CONS
Not a private way to buy since ID verification is required
Ease of Use - Easy
Privacy - Low
Speed - Fast
Fees - Low
Reputation - Trusted
Limits - High
Bitstamp
Bitstamp is one of the world's largest Bitcoin exchanges. It makes it easy for Europeans to purchase large amounts of bitcoins fast with SEPA bank transfer. Almost anyone in the world can use their bank account to send a wire transfer to Bitstamp, although fees may apply.
PROS
One of the longest-running Bitcoin exchanges
Very low 0.25% fee, falling to 0.1% with sufficient trading volume
Good range of deposit and withdrawal options
Deep liquidity promotes a price close to fair market rate
Offers wide range of altcoins
CONS
Has been hacked before, users should not store funds on the exchange for any period of time
High 8% fee on small credit card purchases, falling to 5% with sufficient trading volume
Geared towards traders; slightly confusing for first time buyers
Ease of Use - Hard
Privacy - Low
Speed - Slow
Fees - Average
Reputation - Trusted
Limits - High
Athena Investor Services
Athena Investor Services offers a unique way to purchase Bitcoin. It's aimed at large volume buyers who are looking to buy between $10,000 and $500,000 worth of bitcoins. The fees are 4% per buy. The fees are high because Athena will work with you and walk you through the buying process with them and offers personalized help. You can only pay via bank wire at this time.
PROS
Easy way to purchase bitcoins for new buyers
High limits for first time buyers
CONS
Higher fees compared to other ways to buy bitcoins with bank transfer in the USA
Ease of Use - Easy
Privacy - Low
Speed - Average
Fees - High
Reputation - Trusted
Limits - High
CoinCorner
CoinCorner is a Bitcoin exchange based in the Isle of Man. Users in the UK and Europe can purchase bitcoins with SEPA, credit/debit card, or GBP bank transfer.
PROS
Trusted and regulated company in the UK
Wide range of payment options
Good customer support
Instant credit card purchases
Supports a very wide range of countries
Video tutorials covering the basics of Bitcoin and buying and selling
Multi-sig security features
CONS
1% trading fee slightly high by European standards
Offers a mobile wallet but this is not ideal for bitcoin storage
Requires ID verification, so not private
Does not provide exchange prices for comparison without sign-up
Ease of Use - Easy
Privacy - Low
Speed - Average
Fees - Average
Reputation - Trusted
Limits - Average
Bitfinex
Bitfinex allows customers to deposit large amounts of funds using SWIFT.
PROS
Very low fees even for low volume buyers; 0.1% for market makers and 0.2% for market takers
One of the best ways to buy large amounts of bitcoins
Allows lending of fiat or bitcoin to margin traders at interest (but this is risky in light of the hack)
Very deep liquidity promotes a price close to fair market rate
Supports several altcoins
CONS
Was recently hacked and has yet to fully compensate all users for their loss
Geared towards traders; possibly quite confusing for first time buyers
Single payment option
Ease of Use - Hard
Privacy - Low
Speed - Varies
Fees - Average
Reputation - Low Trust
Limits - High
What are the pros of buying with a bank account?
The benefits to using a bank account are fees. Bank account is usually the cheapest deposit method for buying coins. Limits are also usually higher when using a bank account, assuming you have verified your account.
What are the cons of buying with a bank account?
The cons are speed. Bank transfers are slow in many countries, so bank transfer is often the slowest way to buy bitcoins.
What about bank vs credit card?
Credit card will be faster, but has higher fees. Bank account is slower but has lower fees.
(c) https://www.buybitcoinworldwide.com/buy-bitcoin-bank-transfer-account/
