Buy Bitcoin With Bank Account Transfer - But Where?

bitcoin crypto buy exchange

There are several platforms, such as Coinbase, Coinmama, Gate, Bitpanda, Cex, and more, that provide features to buy bitcoin with a bank account transfer instantly. Some platforms required verification, while others required none, according to their rules and regulations.
 
Platforms like Coinbase are available worldwide, while Bitpanda in European regions and Cex in the USA are the most popular for buying bitcoin with bank transfers instantly.
 
Buying bitcoin with a bank transfer is less popular than using credit or debit cards, but it has lower fees and better security than other buying methods. And that's why users prefer to buy crypto with a bank account transfer.
 
You should definitely go with a bank transfer if the platform is available in your country and supports bank account transfers.  

So without wasting time, let's see which platforms are available in your country and support buying bitcoin with bank account transfer features.

Quick List to buy bitcoin with bank account transfer instantly.

  • Cex. - Verification
  • Coinmama. - Verification
  • Gate.io - Verification
  • PayBis. - Verification
  • Coinbase. - Verification
  • WazirX, Bitbns - Verification
  • Bitpanda. - Verification
  • LocalBitcoins. - No Verification
  • Huobi Global - Verification
  • LocalCryptos. - No Verification
  • Kraken. - Verification
  • Bitfinex. -  Verification
  • Paxful. - No Verification
  • Crypto.com - Verification


Where can I buy bitcoin with bank account transfer?

There’s no point in playing the guessing game when it comes to buying bitcoin with a bank account, so we took the guesswork out of it for you by discovering a few of the more trustworthy sites. Once you find one that works for your specific needs, you can start investing in Bitcoin right away—all at the click of a button.

1. Buy bitcoin with bank account on Cex.

It will amaze you if you live in the EU or UAS because of the 0% fee it charges on both deposits and withdrawals. The minimum amount for a bank transfer is $20, £20, or €20.
 
For money transfers, it uses "ACH" for dollars, "Faster Payments" for pounds, and "SEPA" for euros. If you look for verification, it requires address verification at least for buying bitcoin with a bank account, but for buying a higher amount, you will have to increase the verification level by verifying identity.

Good.

  • Support many countries.
  • Listed many coins for direct buying.
  • There is no fee for deposits or withdrawals.
  • The minimum limit is low for bank transfers.

Bad.

  • High fees on brokerage services.
  • Only support USD, GBP, and EUR fiat currencies.
  • There are many personal details needed for leveling up the account.

 

2. Buy bitcoin with bank account on Coinmama.

On the Coinmama buy, orders placed with a SWIFT (non-UK) transfer have a minimum order amount of $1,000 USD. If you'd like to place a SWIFT order below $1,000 USD, the minimum flat fee of £20 will be added to your order price. While selling crypto, it charges about 2.1% to 2.9%.

Good.

  • No deposit is required.
  • The minimum limit for the amount is high.
  • Many cryptocurrencies are listed for purchase.

Bad.

  • You need KYC to buy.
  • Some states of the USA do not allow.

 

3. Buy bitcoin with bank transfer on Gate.io.

Looking for an ultra-low fee place to buy your first bitcoin with a bank transfer? Then stop here. Not only bitcoin, but you can also get ETH, USDT, and more, as well as NFT, MeMe, and Metaverse coins that are booming right now and giving high-level returns.
 
Currently, Gate.io supports converting USD, EUR, GBP, HKD, SGD, AUD, CHF, and MXN fiats to bitcoin with bank account transfers. And charge an ultra-low transaction fee of about 0.08–2%, depending on the size of the amount.

Good.

  • Low fee with a bank transfer.
  • A vast number of coins are listed.
  • home of NFT and MeMe coins.

Bad.

  • You need KYC to buy.
  • Not support much fiat currency.


4. Buy Bitcoin With Bank Account On PayBis

A United Kingdom-based company founded in 2014 allows purchasing bitcoin with a bank account all over the world.
 
PayBis currently supports EUR as an exchange currency, but users can buy bitcoin with a bank account by using SEPA International in their local currency.
 
It charges a 1.5% fee + 1 EUR bank transfer + 0.82 EUR bitcoin transfer (at the time of writing). This means if you buy bitcoin worth 100 EUR with a bank account, you will receive 96.68 EOR worth of bitcoin in your wallet. (Bitcoin transfer fees may vary according to price.)

Good.

  • Has very low fees.
  • Support all over the country.
  • There are many coins available for purchase.

Bad.

  • The minimum buying limit is high.
  • KYC requires high levels of detail.


5. Buy bitcoin with bank account on Coinbase.

A simple and secure wallet for everyone, with support for over 100 countries around the world. It has many features like trading, exchange, and more.
 
For US customers, Coinbase allows you to connect your bank account via ACH bank transfer. While European Coinbase connects with a SEPA transfer to buy bitcoin with a bank transfer.
 
The fee is around 1.49% of the buying amount with a bank account for all supporting countries.

Good.

  • Low fee.
  • available many features.
  • Faster delivery in the EU and the USA

Bad.

  • Not supported worldwide.
  • You need many details to complete KYC.
  • It may track every transaction.
  • It is prohibited in some regions of the US.


6. Buy bitcoin with bank account on WazirX or BitBNS.

It's pretty hard to buy Bitcoin or even any coin with INR (Indian Rupee), so if you are one of those users, then you can try WazirX, BitBNS, and CoinCDX to get your first bitcoin.

On WazirX, BitBNS, and CoinCDX, you can exchange Bitcoin for USDT after buying it with INR, or you can buy it directly with INR.

To buy bitcoin on any of these, you have to complete KYC after creating an account. Wazirx is required by Binance, so after buying BTC, you can connect your WazirX account to your Binance account. This is the best trick to transfer your coins from Wazirx to Binance or from Binance to Wazirx with zero fees.
 

Good.

  • Best for INR users.
  • Simple to use.
  • Other payments are available.

Bad.

  • Not supported worldwide.
  • Strong KYC is needed.


7. Buy bitcoin with bank account on Bitpanda.

A multi-use supporting platform was founded in 2014. Bitpanda accepts bank account payments via SEPA, SOFORT, and online bank transfer for buying bitcoin and other cryptocurrencies.
 
Currently, Bitpanda supports Euro, Swiss Franc, and GBP, as well as USD, for buying bitcoin with bank account transfers. The fee is still unclear and does not show on the website.

Good.

  • Multiple uses.
  • simple to use.
  • relatively low fee.

Bad.

  • Fees are hidden.
  • Not available in all countries.


8. Buy Bitcoin With Bank Account On LocalBitcoins

A popular P2P Bitcoin buying and selling platform supports users all over the world. It needs no verification or KYC for buying and selling bitcoin.
 
On LocalBitcoins, you will deal with a real person instead of a bot. For buying bitcoin, just choose any order placed by a trader or place your own order, choose a payment method from over 50 options (even bank account transfer), and then send money in your local currency without any fee or third parties.
 
The platform allows you to post a message or advertisement directly to the seller or broker, who has been trusted by other satisfied users. It provides you with a vast number of traders and over 60 different methods, including bank account transfers, to buy bitcoin.

Good.

  • Deals with real people.
  • Support all over the world.
  • No KYC or verification is needed.
  • You can chat with traders in real-time.
  • Available over 50+ payment methods.
  • There are no minimums or maximums.
  • No third party is required for transferring funds.
  • Take 2 to 3 minutes or fewer for bitcoin to appear in the wallet.

Bad.

  • Only Bitcoin can you buy or sell.
  • The price is higher than the market for buying and lower for selling.


9. Buy bitcoin with bank account on Huobi Global.

Huobi Global is one of the leading cryptocurrency platforms that allows its users to do something extra with their cryptos, such as trade, exchange, stake, and lend. And as well as buying and selling cryptos via bank account, you can also do so with a bank card, Western Union, SEPA, and many more methods.
 
It supports many fiats, such as USD, INR, GBP, EUR, and more, but few allow you to buy bitcoin with bank account transfers, so make sure your fiat is supported; otherwise, choose other payment methods or P2P.


10. Buy bitcoin with bank account on LocalCryptos.

Another P2P and non-custodial crypto marketplace that deals with real people all over the world LocalCryptos and LocalBitcoins work on the same basis and features. But on LocalCryptos, you can buy BTC, ETH, and LTC with zero fees, while on LocalBitcoins, you can only buy BTC.

You can use LocalCryptos to buy with anyone from anywhere in the world without having to worry about any additional fees.
 
The features of LocalCryptos are almost identical to those of LocalBitcoins, but you can buy more coins like ETH and LTC on LocalCryptos. Do not confuse LocalCryptos with LocalBitcoins.

Good.

  • Deals with real people.
  • Support all over the world.
  • No KYC or verification is needed.
  • You can chat with traders in real-time.
  • Available over 50+ payment methods.
  • There are no minimums or maximums.
  • No third party is required for transferring funds.
  • Take 2 to 3 minutes or fewer for bitcoin to appear in the wallet.

Bad.

  • The price is higher than the market price for buying and lower for selling.


11. Buy bitcoin with bank account on Kraken.

This is another dominant website for buying bitcoin in EUR currency. Funding your account with fiat currencies for buying cryptos can be done in a number of ways, including via SWIFT, SEPA, and domestic wire transfers.

The Kraken is the perfect way for crypto traders to conveniently buy BTC from the palm of their hand. With the Kraken, you can instantly buy bitcoin with a bank account while tracking the price of bitcoin and reading bitcoin news as you chart the path of your financial future.

Currently, bank account transfers are available for US users only with a $10 minimum purchase. The option you select will be based on your location and preferences. Deposit fees can vary but usually have a maximum of $5.

Good.

  • Low deposit fees are trusted and popular.
  • Support USD, EUR, CAD, JPY, GBP, and CHF as fiat currencies.

Bad.

  • Hard to use.
  • No privacy needs KYC.
  • Takes 1–5 business days to appear.
  • There is no bank deposit option for the JPY fiat deposit.


12. Buy bitcoin with bank account on Bitfinex.

A Hong Kong-based company leading in the market provides the ability to buy bitcoin or other cryptos with bank account transfers instantly. It supports WIRE for bank deposits and charges a 0.1% fee of the amount. The minimum deposit is 60 USD or EUR.

Good.

  • Low fees and high liquidity.
  • support several altcoins.

Bad.

  • Difficult to use.
  • History of hacks.
  • Only the bank deposit 
  • There is no privacy, and you need KYC.

 

13. Buy bitcoin with bank account on Paxful.

This is the third P2P and non-custodial crypto marketplace in these lists. It also works like LocalBitcoins and LocalCryptos. Paxful is the best platform to buy bitcoin easily. You can get started in minutes, with zero fees and a secure, easy-to-use platform.

Paxful works through an escrow system where both buyers and sellers agree that their payment will be released once the transaction has been completed. Both parties must trust each other to complete their end of the deal, but the added security makes it easier for people who don’t have a lot of experience with cryptocurrency trading to make purchases online with confidence that they won’t lose out on their investments if something goes wrong.
 
The best thing about Paxful is that it's available wherever you are, so even if you're not able or don't want to use your credit card or Paypal right away, you can still purchase bitcoin with Paypal instantly through Paxful without any hassle at all (and no fees!).


14. Buy BTC with bank transfer on Crypto.com

Want to do something extra with your bitcoin after buying it? Then try Crypto.com and earn back bitcoin at the highest interest rate in the market.
 
To buy bitcoin with a bank transfer, you have to download the Crypto.com app and complete KYC after creating an account.

Good.

  • Ease of handling
  • Simple features
  • Variety of products. 

Bad.

  • You need KYC to buy.
  • Not support much fiat currency.
  • The web version is not available.


Like always, I say secure your wallet and don't compromise by saying I will do it later; otherwise, you will search on Google how to recover lost bitcoin­čśĆ. So secure than searching. Here are some ways that you should follow.
  • PIN lock.
  • Email alert.
  • 2FA security.
  • SMS alert (OTP).
  • Set limit withdrawal.
  • Use a strong password.
  • Use a single email wallet.
  • Store your private key offline.
  • Use a secure internet connection.
Here, read more in detail about it.

This list supports almost every country; remember that just because a website supports EUR, USD, or another currency that is not your country's currency does not mean you cannot buy bitcoin or other cryptocurrencies. In this case, when you transfer money through a bank account, it will automatically exchange into EUR or USD based on the current price and fee.

The biggest advantage of buying bitcoin with a bank account transfer is the low fee; other popular methods like credit or debit cards charge over 10%, while bank account deposits charge less than 2% of the amount.

So what do you think about this item on the list to buy bitcoin with a bank account transfer? Have you used any platforms, or do you think there is another way that provides better results?

Selected for you.


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