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How To Buy Bitcoin With Bank Tranfer

Review of where and how to securely buy Bitcoin via bank transfer, at regulated cryptocurrency exchanges with low fees.

Updated: 22 October 2022

How To Buy Bitcoin With Bank Account

How To Buy Bitcoin With Bank Account

Bitcoin is the very first and highest valued digital currencies in the online cryptocurrency space, and over the last decade has taken the financial markets by storm, outperforming the S&P 500, Gold, Oil, and any other common investment option. It been especially profitable compared to open a savings account with a bank, which have seen interest rates decline in recent years to lower than the inflation rate.

It’s no surprise that many retail investors are looking to transfer some of the funds in their bank account to an exchange to buy Bitcoin. Fortunately the best regulated cryptocurrency exchanges support this payment option. Deposits and withdrawals via bank transfer are instant, and incur less fees than using a debit or credit card.

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Contents [show]

How to Buy Bitcoin with Bank Transfer

Choose a Bitcoin exchange – we recommend eToro as it’s FCA, ASIC and CySEC regulated
Create an account
Deposit funds into your account, selecting Bank transfer from the payment method drop-down menu
Search ‘Bitcoin’ in the top menu
Click ‘Open Trade’ and select an amount of Bitcoin to buy

Best Places to Buy Bitcoin with Bank Transfer in December 2022

Compare Bitcoin Exchanges

68% of retail CFD accounts lose money.

74% of retail investor accounts lose money when trading CFDs with this provider.

The price and value of any investment in digital asset products can fluctuate.

The traded price of digital tokens can fluctuate greatly within a short period of time.

Market prices for digital tokens can be volatile and highly unpredictable.

As with any asset, the values of digital currencies may fluctuate significantly.

The value of digital currencies can go up or down frequently.

71% of retail CFD accounts lose money.

As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase.

Rating

5.0

4.7

4.7

4.6

4.5

4.4

4.3

4.1

4.0

Mobile App Rating

10/10

9/10

9/10

8/10

8/10

9/10

9/10

9/10

10/10

Mobile App

Wallet

Number of Coins

74

60

22

36

17

59

65

15

123

Trading Fees

Spreads

Spreads

0.1%

0.1%

0.1%

0.1%

0.50%

Spreads

0.2%

Deposit Fees

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Withdrawal Fees

$5

N/A

0.0005 BTC

N/A

N/A

N/A

N/A

N/A

N/A

Regulated

ASIC, CySEC, FCA

CySEC

N/A

N/A

N/A

FCA

FCA

CBI, MiFID

N/A

Min. Deposit

$50

100 EUR

N/A

N/A

$10

$10

$2

$100

N/A

Leveraged Trading

N/A

N/A

1 - 100x

1 - 100x

1 - 10x

1 - 100x

N/A

1 - 30x

1-200x

Bitcoin

$16983.62

$16882.73

$16828.08

$40391.88

$40393.04

$40404.41

$40416.27

$16874.32

$40377.55

Ethereum

$1244.62

$1240.93

$1233.22

$2796.11

$2795.55

$2797.45

$2796.59

$1236.61

$2795.54

XRP

$0.39

$0.38

N/A

$0.23

N/A

$0.78

$0.30

$0.39

$0.78

Tether

$1.01

$1.01

$1.00

$1.00

N/A

N/A

$1.00

N/A

N/A

Litecoin

$77.81

$77.43

N/A

$109.04

N/A

$109.10

$109.04

$77.50

$108.99

Bitcoin Cash

$110.33

$110.66

N/A

$506.41

N/A

$295.12

$295.07

$110.61

$294.96

Chainlink

$6.91

$6.85

N/A

$14.26

N/A

$14.68

$14.67

$6.94

$14.68

Cardano

$0.31

$0.31

N/A

$0.83

N/A

$0.83

$0.83

N/A

$0.83

IOTA

$0.21

$0.21

$0.21

N/A

$0.70

$1.91

$1.91

$0.21

$0.70

Binance Coin

$286.49

$283.93

$283.86

N/A

N/A

$385.92

N/A

N/A

N/A

Stellar

$0.08

$0.09

N/A

$0.19

$0.08

$0.19

$0.19

$0.09

$0.19

Bitcoin SV

N/A

$40.69

N/A

$182.50

N/A

N/A

N/A

N/A

$77.12

USD Coin

N/A

N/A

N/A

$1.00

N/A

N/A

N/A

N/A

$1.00

EOS

$1.01

$1.01

$1.00

$2.06

$2.06

$2.06

$2.05

$1.01

$2.06

Monero

N/A

$143.48

$141.61

N/A

N/A

N/A

N/A

N/A

$188.31

Credit Card

Giropay

Neteller

Paypal

Sepa Transfer

Skrill