As a citizen who has bank account, you can buy Bitcoin instantly with ACH payment in USA.

But you will need to understand how to buy BTC online with US bank account, following these guidelines am going to show you today.

If you own US bank account with online banking access, you may want to buy BTC with ACH bank transfer (sometimes called eCheck).

Bank of America, Wells Fargo, Citigroup and Chase they all support ACH.

Buying Bitcoins with direct ACH payment usually comes with lower fees as opposed to credit card.

It also allows you to buy Bitcoin online in more significant quantities than with other methods.

In this guide, we are covering the best ways to instantly buy Bitcoin directly using ACH bank online account, without hassle of any sort.

So let’s begin already.

Shall we?

Where can I buy Bitcoin with ACH transfer?

There are many ways to buy Bitcoin with ACH, but am only going to list out the best among these platforms where you can get BTC with ACH bank transfer.

1. eToro

eToro is a trading platform that allows users to easily start buying and selling Bitcoins. They recently opened up their services to over 30 states around US and accepts ACH transfers.

Withdrawing Bitcoin requires sending them to eToro’s proprietary wallet first, which may take up to 3 days for approval.

Due to this, eToro is more suited to invest in Bitcoin for profit, so you can cash it out later in fiat (e.g. USD) There are no deposit fees for ACH transfers with eToro.

2. Coinbase

Coinbase, established in 2012, is one of the oldest exchanges around.

Coinbase is a brokerage service which is more suitable for beginners but it also has a trading platform called Coinbase Pro for more experienced traders.

On Coinbase, ACH transfers are completely free of deposit fees (unlike wire transfers).

The transfer typically takes 3-5 business days (which may take up-to 7-10 days, depending on the timing of weekends and other bank holidays) to complete a purchase.

You may see funds immediately debited from your bank account when you initiate the transfer, but the funds will not be transferred to your wallet immediately.

you will have to wait until your payment has finished moving between normal bank protocols.

3. Gemini

Gemini, established in 2015 by Tyler and Cameron Winklevoss, is one of the leading exchanges for buying Bitcoins in the US.

ACH transfers are completely free of deposit fees on Gemini.

Although your bank balance may show your financial funds have left sooner, it typically takes at least 4-5 business days for a bank to communicate this to Gemini.

Cons

Exclusive to limited number of countries.

How do you buy Bitcoin with ACH on eToro?

If you want to buy bitcoin using ACH then you have to find a reputable exchange or marketplace that will let you do it.

How To Buy Bitcoin With ACH On eToro Summary

Create an account with eToro
Verify your account
Connect your bank account and fund your portfolio
Go to ‘Bitcoin’ and select the amount you wish to buy
Bitcoins will be added to your eToro portfolio

That’s it!

You have successfully purchased bitcoin with ACH transfer as the payment method.

Frequently Asked Questions

What is ACH?

ACH is an abbreviation for Automated Clearing House, which is a popular way used by the citizens of United States (and some other countries) to send, or even receive payments using the money in their bank account.

It is a batch processing system in which financial institutions accumulate transactions throughout the day for later batch processing, and that’s why the process takes a bit longer than buying BTC with credit card.

However, it is also possible to buy Bitcoins with bank ACH transfer, even if you are not a US citizen.

How does ACH work?

The ACH system is designed to accept payments in batches and includes payments such as direct deposits, payroll, retail, and vendor payments.

Can you buy Bitcoin with ACH no verification?

No way! You cannot buy Bitcoin with ACH bank transfer without ID verification.

Most of the Bitcoin exchanges (like Coinbase) require that you verify your ID, before you can send and receive BTC with your Bitcoin address.

Where does ACH work?

ACH systems can be found all over the world, and in various countries on different continents.

Below you can find the full list of countries that use the ACH banking system;
Albania
Argentina
Australia
Austria
Bahamas
Bangladesh
Belgium
Brazil
Bulgaria
Canada
Cayman Islands
Chile
China
Colombia
Croatia
Czech Republic
Denmark
Egypt
France
Germany
Greece
Hungary
Hong Kong
India
Iran
Israel
Italy
Japan
Latvia
Mexico
Moldova
Netherlands
Nigeria
Pakistan
Philippines
Poland
Portugal
Peru
Macedonia
Romania
Saudi Arabia
Singapore
Slovenia
South Africa
South Korea
Spain Sweden
Switzerland
United Kingdom
United States
Venezuela

If you don’t see your region in the list, then you should simply check other ways to buy Bitcoin with bank credit or debit card.

Buying Bitcoin with ACH account

At the moment, the range of options for buying Bitcoin with ACH is a bit limited, as more exchanges expand into US, they’ll support ACH transfers.

As for now, the exchanges listed above should give you a good enough solution, as all of them are reputable and well established exchanges.

While you can buy Bitcoin with bank account ACH, one of the best investment strategy, is to transfer your crypto investment to a safe cryptocurrency wallet.

If you want my advice, I would recommend you get Ledger Nano wallet.

If you don’t have enough money to invest in hardware wallet, you can simply download Trust mobile app wallet.

How to Buy Bitcoin With ACH