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How to Buy Bitcoin with eCheck

A step-by-step on how to buy Bitcoin with eCheck - a method commonly used to buy large amounts of the cryptocurrency - and where to find the best regulated platforms to purchase BTC via eCheck.

Updated: 28 January 2022

Buy Bitcoin with eCheck

Buy Bitcoin with eCheck

eCheck is among the most advantageous methods to buy Bitcoin in terms of costs and convenience. It’s also a preferred method to use if you want to purchase cryptocurrencies in larger amounts as there are very few limitations as in the case of credit and debit cards and other payment methods.

In this guide, we review the pros and cons of this payment method, list the best brokers to complete your bitcoin purchase via eCheck, and detail the process of buying Bitcoin with eCheck in screenshots.

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Contents [show]

How to Buy Bitcoin with eCheck

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

Best Places to Buy Bitcoin with eCheck in August 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

140

59

22

36

15

56

62

15

120

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

$23939.18

$24032.54

$23954.74

$40391.88

$40393.04

$40404.41

$40416.27

$24020.57

$40377.55

Ethereum

$1818.05

$1796.64

$1785.49

$2796.11

$2795.55

$2797.45

$2796.59

$1790.39

$2795.54

XRP

$0.39

$0.38

N/A

$0.23

N/A

$0.78

$0.30

$0.39

$0.78

Tether

$1.00

N/A

$1.00

$1.00

N/A

N/A

$1.00

N/A

N/A

Litecoin

$64.42

$63.54

N/A

$109.04

N/A

$109.10

$109.04

$63.60

$108.99

Bitcoin Cash

$147.50

$146.63

N/A

$506.41

N/A

$295.12

$295.07

$146.56

$294.96

Chainlink

$8.63

$8.56

N/A

$14.26

N/A

$14.68

$14.67

$8.68

$14.68

Cardano

$0.55

$0.54

N/A

$0.83

N/A

$0.83

$0.83

N/A

$0.83

IOTA

$0.37

$0.36

$0.35

N/A

$0.70

$1.91

$1.91

$0.36

$0.70

Binance Coin

$335.68

$327.98

$327.90

N/A

N/A

$385.92

N/A

N/A

N/A