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Buying bitcoin with a bank account is considered the best option because banks can be found in all regions of the world. Banks provide their customers with a vast range of banking services and best payment solutions to their customers. There are many institutional banks that offer SWIFT International Bank Transfer service to their customers. Bitcoin is being accepted in many organizations and it is now increasing in use to buy products and other services. Many companies are now offering investment opportunities through bitcoin payment.
Buying bitcoin with a bank account or bank transfer is the safest way among all options. Most of the people prefer this method because of some amazing reasons. Banking companies are rapidly opening up the idea of cryptocurrency as an economic asset. Banking is the perfect option for high volume transactions and provides their services to their customers on lower charges as compared to credit cards.
We are living in a world where every person is busy and they want to have a service provider that can facilitate them with the required services as soon as possible. In this article, you will get to know the exact and the best way to buy bitcoin with a bank account in a fast manner. There are some exchanges that can provide you with the facility of buying bitcoin with a bank account instantly.
- Gemini
- Coinbase
- CoinBase Pro
- Cex.io
- Person to Person
- BitPanda
- Bitcoin ATMs
- BitStamp
You can find more exchanges in which you can buy bitcoin with bank account or a bank transfer here: https://www.smartbitcoininvestments.com/buy-bitcoin-with-bank-account-transfer/
Gemini
Gemini is a well-known cryptocurrency exchange that is based in the United States. Buying bitcoins from this exchange could be a bit difficult for the new buyers but when you will understand its process you will find it a great exchange to buy bitcoins instantly.
Its amazing feature is that you can buy bitcoins instantly from this exchange and you will not be charged for a few days. It is considered as one of the best options for the bitcoin buyers who don’t want to compromise on the security of their transactions and funds.
PROS:
- Lower charges
- User-friendly interface
- Reputable exchange
- Active customer support
CONS:
- It is only operating in a few countries
CoinBase Pro
It is the most popular exchange company in the world of bitcoin. Its parent company is Coinbase exchange. As these two exchanges are interconnected to each other that’s why you can instantly buy bitcoin from it in many currencies because it supports ACH for US and SEPA for Europe. More than 30 million customers are using Coinbase exchange to buy bitcoin instantly.
PROS:
- A well-reputed and established exchange
- Buying limits are high
- Complete security and protection
CONS:
- It is operating in a limited number of countries
Cex.io
This is a great exchange to buy bitcoins with a bank account. Cex.io supports SEPA for European countries and SWIFT for international transfers and facilitates its customers with a quick and instant service. There is no transfer fee of buying bitcoin from it but its rates are a bit higher than the market price.
PROS:
- Its process is quick and instant
- Easy to understand interface
CONS:
- It is not supported in most of the countries
Person to Person
When a person steps in this market he meets and chats a lot of people and its contacts are increased. It is not for the new buyers but the person who is in the market and purchasing bitcoin for a long time. The best time to utilize these contacts is when you want to buy bitcoins instantly. You can ask a person who has bitcoin in his wallet to send to you. There will be no need for any verification and you just have to simply deposit payment to his bank account and he will send bitcoins into your Digital Wallet of your smartphone in your hand.
PROS:
- Easy and Fast
- No Verification
CONS:
- Not Much Reliable
BitPanda
It is an Australia based exchange company. BitPanda is considered as the most favorite exchange company among many countries in Europe. They provide bitcoin at very cheap rates as compared to other exchanges. One of the main reasons behind its popularity is its fast service, it is a great option for those who want to buy bitcoin instantly.
PROS:
- Its charges are very low
- Quick and Fast
- Many payment methods
CONS:
- The fee is hidden in the exchange rates
- It has a low coverage
Bitcoin ATMs
If you want to buy bitcoins instantly and there is a bitcoin ATM near you then this is the best option for you. You don’t require anything to buy bitcoins from ATMs. It just works as a simple cash withdrawing machine. You will buy bitcoins on an ATM and it will instantly send these bitcoins to the “Digital Wallet” on your mobile or computer.
PROS:
- Fast and Instant
- Reliable
- Easy to Use
CONS:
- High Charges
- Only Present in Some Regions
BitStamp
BitStamp is an exchange which is operating from a long period of time in high volume trading. You can buy bitcoin with a bank account on this exchange. Its process is a bit slow as compared to the above-mentioned exchanges but it could be a good option for buying bitcoin instantly via bank transfer. The best part of BitStamp is its flexibility. This is one of the best options for European countries because it provides its services free of charges via SEPA.
PROS:
- Low Fee/Charges
- Multiple transaction options
- Well Established Exchange Company
CONS:
- The interface is difficult for the beginners
- High fee on small transactions
End Line
The above-mentioned ways are the best to buy bitcoin instantly with your bank account. The charges of some cryptocurrency exchange companies are higher than others. Before selecting an exchange to purchase bitcoin try to get information about these companies and compare them on the basis of their availability, reliability, and most important the charges and exchange rates. So far the most recommended and favourite exchange company is Coinbase and it has become more fast and reliable because of its Coinbase Pro exchange.
