Buy Bitcoin with Wire Transfer

On this page, you will be able to choose from the websites that support wire transfers.

Here are some discount codes for you to save trading fees:

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Compare your Top 3 Bitcoin Exchanges
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Choose Provider 3:
Provider
Pro and Contra
Has been hacked?
Fees
Security
Trading
Supports Credit Card
92 92
Pro
  • High trading volume
  • Offers margin trading
  • Wire Transfer & Credit Cards
Contra
  • Premium on prices
  • Verification process is a bit demanding
Has been hacked? Yes, hacked in 2013 Fees
Deposit Fees:
Yes
Withdrawal Fees:
Yes
Trading Fees:
0.1-0.25%
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? No
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CFD Broker
82 82
Pro
  • Professionally made website
  • Educational Materials (videos)
  • Easy verification process
  • Copy trading
Contra
  • Does not accept Bitcoin deposits/withdrawals
  • Limited cryptocurrency listings
  • No live chat
Has been hacked? No Fees
Deposit Fees:
None
Withdrawal Fees:
Yes
Trading Fees:
Depends on Asset
Security Good Trading
Futures? Yes
Derivatives? No
Margin Trading? Yes
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82 82
Pro
  • - a lot of different payment method
  • - purchase prices are set for 30 minutes
  • - trustpilot reviews
Contra
  • - high commissions and fees
  • - some US states are not supported
  • - EUR bank transfers are not supported outside of the European Union
Has been hacked? No Fees
Deposit Fees:
Free
Withdrawal Fees:
Free
Trading Fees:
1%-10% depending on the payment method
Security Trading
Futures? No
Derivatives? No
Margin Trading? No
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Supports PayPal
78 78
Pro
  • Easy to get verified ( 2 factor authentication)
  • Accepts Credit Card and PayPal
  • 24 hr expected resolution through their help-desk
  • Referral program
Contra
  • Website is too plain (there are no charts and no transparency)
  • A good number of negative reviews about how they operate
  • Was hacked
Has been hacked? Yes, around January 2017 Fees
Deposit Fees:
No
Withdrawal Fees:
Yes
Trading Fees:
PayPal processing fee of 2.9% + $0.30 on top of the loan amount and interest.
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? No
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90 90
Pro
  • Almost all countries are accepted (including some parts of the US)
  • Highest buying limit
  • Good Support
Contra
  • 3% fee
  • Some scam claims
Has been hacked? No Fees
Deposit Fees:
5% credit card fee
Withdrawal Fees:
5% credit card fee
Trading Fees:
5.50%
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? No
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Great for EUR/USD
90 90
Pro
  • Has not been hacked
  • Good payment methods
  • Exchange interface is awesome to use
Contra
  • No trading platform
  • Not regulated
  • Fees are not listed
Has been hacked? No Fees
Deposit Fees:
N/A
Withdrawal Fees:
N/A
Trading Fees:
N/A
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
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Great for AUS & NZ
80 80
Pro
  • Simple & easy to use
  • Fast transactions
  • Responsive customer care
Contra
  • US Users not supported
  • No 2-factor authentication
  • Limited fiat & coin portfolios
Has been hacked? No Fees
Deposit Fees:
Yes
Withdrawal Fees:
High (2-4%)
Trading Fees:
No
Security Good Trading
Futures? N/A
Derivatives? N/A
Margin Trading? N/A
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80 80
Pro
  • Verified merchants offer platform users services
  • Fast turnaround of deposits and withdrawals
  • High flexibility
  • Fully escrowed delivery
Contra
  • No mobile app
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
0.1% USD, 5 USDT, 0.0005 BTC
Trading Fees:
0.008% - 0.150%
Security Good Trading
Futures? N/A
Derivatives? N/A
Margin Trading? N/A
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84 84
Pro
  • Safe and decentralized trading
  • Arbitrators
  • 2-out-of-3 multisig security in trades
  • Wide selection of FIAT and Crypto Currencies
Contra
  • They need more aggressive advertising
  • More active development
  • They need to team up with other companies
  • High fees
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
Yes
Trading Fees:
0.001% - 0.009%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
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Easy to use
76 76
Pro
  • High liquidity
  • Integrated debit and credit cards
  • Newbie friendly
Contra
  • Major violations of users privacy
  • Puts investors before customers
  • Segwit still not supported ( = high TX fees )
Has been hacked? No Fees
Deposit Fees:
Yes
Withdrawal Fees:
Yes
Trading Fees:
1% fixed
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
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80 80
Pro
  • Accepts Fiat Currency Deposits
  • Physical Card
  • A lot of deposit options
Contra
  • Unregulated
  • Limited number of coins
Has been hacked? No Fees
Deposit Fees:
2%
Withdrawal Fees:
2%
Trading Fees:
0.43%
Security Excellent Trading
Futures?
Derivatives? Yes
Margin Trading? Yes
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Great for EU & UK
94 94
Pro
  • Supports EUR and GBP!
  • Very low Fees
  • A myriad of coins to exchange with
  • No lags experienced with website
Contra
  • Customer support lacks phone
  • Website is not for beginners
Has been hacked? No Fees
Deposit Fees:
None
Withdrawal Fees:
Trading Fees:
0.05% to 0.1%
Security Excellent Trading
Futures? None
Derivatives? No
Margin Trading? No
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84 84
Pro
  • Probably the fastest way to buy and sell BTC
  • Trading with cash
Contra
  • Higher fees
  • Need to go to the bank to make it happen
  • Site was offline for a month after an attack
Has been hacked? Yes Fees
Deposit Fees:
No
Withdrawal Fees:
No
Trading Fees:
0-2%
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? No
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Fast Support!
78 78
Pro
  • Competitive fees
  • Good security
  • Accepts many different FIAT currencies
Contra
  • Website could use some improvements
  • Doesn't keep the pace with competition
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
Yes, 1% + 5 USD
Trading Fees:
0.0 - 0.15%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
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82 82
Pro
  • Low fees
  • A wide variety of payment methods and currencies accepted, at least in theory
  • Easy to join and get going
Contra
  • Mixed reviews
  • Slow customer support
  • High commissions charged (by the seller) for buying Bitcoin with uncommon methods or in non-mainstream currencies
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
No
Trading Fees:
Commissions for buyers using unusual payment methods
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
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Easy & Private
64 64
Pro
  • Private and fast
  • Easy to Use
Contra
  • Need to keep an eye for scams
  • Not suitable for large buyers
  • Now ID verification is required
Has been hacked? Yes Fees
Deposit Fees:
No
Withdrawal Fees:
No
Trading Fees:
1%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
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80 80
Pro
  • Good reputation
  • High volume and liquidity
  • Connections in the industry grant it additional legitimacy
  • Easy to use and quick
Contra
  • Supports only BTC/FIAT trades
  • More negative comments in the recent past
  • Slightly higher fees if you are trading lower volumes
Has been hacked? Yes, in January 2015 Fees
Deposit Fees:
No
Withdrawal Fees:
No
Trading Fees:
0,25% - 0,1%
Security Very Good Trading
Futures? No
Derivatives? No
Margin Trading? No
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High Volume
76 76
Pro
  • High USD liquidity
  • Low fees
  • Full package of order types, margin trading and lending market
  • Hack has been solved professionally and innovative
Contra
  • Not a transparent company
  • Reputation loss due to hack
  • Unclear situation with USDT (Tether)
Has been hacked? Yes Fees
Deposit Fees:
No
Withdrawal Fees:
No, except wire transfers
Trading Fees:
0-0.2%
Security Ok Trading
Futures? No
Derivatives? No
Margin Trading? Yes
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76 76
Pro
  • Numerous deposit options, including PayPal
  • Multiple cryptocurrencies
  • Trustworthy and reliable
Contra
  • Low liquidity
  • No live chat support
Has been hacked? No Fees
Deposit Fees:
Yes
Withdrawal Fees:
Yes
Trading Fees:
0.45%
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? No
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Many Problems
80 80
Pro
  • Low fees
  • Excellent liquidity in EUR markets
  • Margin trading supported
Contra
  • Weak support for mobile platforms
  • No "advanced" orders (stoploss etc.)
  • Often has uptime problems when market gets hot
  • Volume lags a bit in BTC/USD
Has been hacked? No Fees
Deposit Fees:
Yes, in some cases
Withdrawal Fees:
Yes
Trading Fees:
0.0 - 0.26%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? Yes
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68 68
Pro
  • Easy account creation
  • Online and Offline payment options
  • Easy to operate platform
Contra
  • Fees are high (3-11.9%)
  • No leveraged trading
  • No App
Has been hacked? No Fees
Deposit Fees:
N/A
Withdrawal Fees:
N/A
Trading Fees:
3% - 11.9%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
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High Liquidity
60 60
Pro
  • No fees for Chinese traders
  • Super-high liquidity
  • 24/7 phone support
Contra
  • Minimal information in English
  • Possibly faking trading volume
Has been hacked? Yes, but nothing serious Fees
Deposit Fees:
For Chinese users - no, for foreigners - yes
Withdrawal Fees:
Yes
Trading Fees:
0.2%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? Yes
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66 66
Pro
  • Federally regulated
  • Available in all 50 states of USA
  • Good liquidity and competitive fees
  • Keeps BTC in cold storage, backed by audited reserve minimum
Contra
  • No mobile apps
  • No margin trading and short selling
  • No ACH transfers
Has been hacked? No Fees
Deposit Fees:
Yes
Withdrawal Fees:
Yes
Trading Fees:
0.20%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
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Pro
  • Competitive fees
  • Free deposits
  • Great support
Contra
  • Low liquidity
  • Doesn't support mobile devices
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
Yes
Trading Fees:
0.29% flat
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? No
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TAKEN OFFLINE
Pro
  • Good liquidity
  • Fast withdrawals
  • MetaTrader 4 allows advanced trading
Contra
  • Hasn't provided a proof of reserve
  • Not the best choice for storing BTC
  • Userdata has been stolen
Has been hacked? Yes, also users emails have been stolen recently Fees
Deposit Fees:
Yes
Withdrawal Fees:
Yes
Trading Fees:
0.2%
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? Yes
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Pro
  • Bank withdrawal options
  • Accepts bank deposits
  • Easy account creation
Contra
  • Vietnam based exchange
  • Issues with outsider verifications
  • Expensive fees
Has been hacked? No Fees
Deposit Fees:
N/A
Withdrawal Fees:
N/A
Trading Fees:
2.5%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
Visit Website
78 78
Pro
  • Good liquidity
  • Competitive fees
  • International market
Contra
  • Owned by Coinbase which is known for lack of privacy
  • Support could be way better
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
Yes
Trading Fees:
0.1 - 0.25%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
Visit Website
Show more Bitcoin Exchanges

Best Options to Buy Bitcoin through Wire Transfers

People sometimes might be more inclined to purchase Bitcoins using their bank accounts as this is probably the most convenient out of all the payment methods out there today. The reason for this is the fact that when you use direct payments using your bank, you do not need to think about anything anymore when you want to purchase Bitcoin online. For some people, this might be wrong as they wouldn’t have anything that could hold them back if they get the urge to buy Bitcoins. My advise is to create a separate bank account for your Bitcoin transactions; this way you separate your Bitcoin spending money from your life savings.

Exchange Websites that accept Wire Transfers/ACH and SEPA

There are quite a number of websites that would accept wire transfer to purchase Bitcoin. Here is a list of websites that accept Wire Transfers/ACH and SEPA transfers.

  1. Cex.io
  2. Coinbase.com
  3. LakeBTC.com
  4. Livecoin.net
  5. Kraken.com
  6. LocalBitcoins.com
  7. Bitsquare.io
  8. itBit.com
  9. Bitstamp.net
  10. Bitfinex.com
  11. xCoins.com

How it Works

There is a difference between a wire transfer and ACH bank transfer/SEPA transfer. Not all Bitcoin exchange websites accept wire transfers. If you are located in the United States and you want to purchase Bitcoin using your bank account, then you might want to look into Coinbase.com. They allow you to purchase Bitcoin through ACH bank transfer, with more than two dozen banks to choose from.

For people that are in Europe, you can also use SEPA transfer. With this being said, the best websites to choose from if you are from EU would be Kraken or Bitstamp as they have a good reputation in the EU Bitcoin market.

There are also websites capable of accepting Wire Transfers for people that are from the United States and Europe region.

For people that are not from the mentioned zones, you can definitely use Wire Transfer to purchase Bitcoin. Websites such as Cex.oi, Bitstamp, Kraken, and Bitfinex accepts payments using Wire Transfers.

Deposit fees would greatly depend on the website that you are going to choose to transact with. An example below would be transaction fees for FIAT deposits with Kraken.com:

  • EUR SEPA Deposit (Free)
  • EUR Wire Deposit (Fidor: €5, SMBC: €10)
  • USD SynapsePay Deposit ($5)
  • USD SWIFT deposit ($10)
  • GBP SWIFT deposit (£10)
  • JPY Domestic Deposit (Free, ¥5,000 deposit minimum)
  • CAD Wire Deposit (Free)

Risk in using wire transfers

If you do not have any access to credit cards and you think that a Wire Transfer would be your best option, keep in mind that your bank would always look into your transactions and would even block it if they think it might be risky for your account. Not to mention, if they do let the transaction go through, additional fees may be charged on top of regular wire fees.

However, in the last couple of years some highly interesting new internet banking services have come up, which are more open to digital currencies and which don’t charge high transaction fees. Revolut is one of such services, a kind of digital bank that directly supports cryptocurrency purchases. Learn more about such money transfer services on goodbyebanks.com.

Conclusion

Wire transfers are far more expensive than the some payment methods out there today if you choose to buy Bitcoin through it. But this option is convenient for people that choose to go this path. If you want to purchase Bitcoins using your bank account then you need to read more about it, know every details and know what is best for you. Having an alternate bank account for Bitcoin transactions would also be a great idea to put into action.

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