Bank transfer to bitcoin

Here you find all Bitcoin brokers which accept payments by bank transfer. Make deposits by wire transfer and cashout your gains right back to your bank account. Note that anonymous accounts arent possible in this case of course, as you have to verify your identity in order bank transfer to bitcoin make bank wire deposits or withdrawals.

Many Bitcoin brokers offer the option to deposit or withdraw money by bank transfer. In bank transfer to bitcoin case you can buy Bitcoin on the broker website, incase you don't own BTC yet for trading. Same is with EUR. If your BTC trading purpose is to make Dollars, bank transfer is a good choice for deposits and withdrawals, as the brokers usually don't charge extra fees for fait money transfers. Cex also supports other currencies than USD. It bank transfer to bitcoin depends on the specific broker what kinds of bank transfers are possible, or if and how much they charge for bank transfer deposits and withdrawals.

This also depends on the the currency in which you want to deposit. Just check on the specific broker website how much they charge for the different kinds — it could also happen that deposits are free but bank withdrawals could come with certain fees.

And check what currencies are supported. You find the information in our reviews. For banks in general Bitcoin must be a serious threat as it's offering a new financial system which would make banks needless in the future. Bitcoin currency transfers are peer-to-peer which means that no company is needed to manage Bitcoin transactions. Those are managed automated by the Bitcoin network.

This might be the reason why some banks here and there try to make it difficult for their customers to bank transfer to bitcoin something to do with Bitcoin by blocking bank transactions which are related to Bitcoin purchases.

Many people already had that problem with their bank, that bank transfers weren't executed and they had to discus the transaction with the bank. Such behaviour of course makes Bitcoin even more attractive for people with free minds, as they don't want anybody to be able to decide what they do with their money. A bank shouldn't bank transfer to bitcoin able to decide what their customers do with their money at all. But that's not the case, so cryptocurrencies might get more and more attractive.

So if you do your first bank transfer deposit at a Bitcoin broker, be prepared that the transaction might not be executed.

You can search for such issues bank transfer to bitcoin advance to be prepared. But maybe your bank is cool and there is no need bank transfer to bitcoin worry. It's also possible that those issues disappear as Bitcoin seems to start getting into mass adaption phase at the moment, so banks won't be able to act like that anymore - treating Bitcoin purchases like illegal transactions or something like that.

Possible Issues With Bank Transfers For banks in general Bitcoin must be a serious threat as it's offering a new financial system which would make banks needless in the future.