You can buy bitcoin using bank accounts today. We have selected the best five companies that you can select from.
*Some countries offer specific transfer types, like SEPA transfer or ACH transfer (USA).
Top 5 Companies to Buy Bitcoin with Bank Accounts
Pros: Best exchange in the world, fast processing
Cons: There is no cons at all…
Binance is the biggest cryptocurrency exchange in the world to date. They offer extensive crypto-related services, all from trading, saving, banking, and even funding startups. One of its major key success is its customer-oriented service.
Binance has a lot of products to offer. Also, they will always put your fund #SAFU and never charge for any mishaps to the customers.
Binance can accept all methods from your side to purchase Bitcoin and other crypto assets. Their mobile app also supports a crypto wallet called Trust Wallet.
Pros: Suitable for beginners, lowest fee
Cons: Not available worldwide
eToro is a pioneering trading firm that specializes in cryptocurrencies. They provide consumers social-trading platform with an easy-to-use user interface that attracts a lot of beginners.
eToro is mostly known for its “copy trade,” which helps people follow the experts’ online daily trading picks.
eToro recognizes Fast transfers worldwide and ACH transfers throughout the USA. eToro also provides a mobile wallet for selling, sending, and receiving currency.
Pros: Very safe and fiat options
Cons: Not available worldwide
Coinbase is the best crypto exchange in the North America region. It is headquartered in the United States and running at differing capacities in 103 other countries, including the United Kingdom, Mexico, and Spain. As the name implies, the cryptocurrency exchange acts as a middleman in the crypto industry, offering a forum for consumers to acquire and sell various coins.
Coinbase can accept all payments from the United States, including fiat money USD, in multiple ways. It remains one of the most stable and used solutions for US citizens.
However, if you choose Coinbase, the processing time could be longer compared to other exchanges, though, usually lasting from three to five days.
Pros: Very fast processing and easy KYC
Cons: Higher fee with credit card
Paybis is a bitcoin platform in the UK. Yes, there are not many good crypto exchanges in the United Kingdom. So Paybis is the leader in the region.
They provide a fast and simple way to purchase Bitcoin and a few other cryptocurrencies with your credit card. However, they only list major cryptocurrencies.
Paybis promotes that it has 24/7 customer service, the highest allowable limits in the country, quick payouts, and that you can make purchases from virtually anywhere.
Pros: Low transaction fee with A LOT of promotions
Cons: A new player within the industry
Emirex is a decentralized-focused crypto-asset exchange. It is a part of the Emirex group of companies based in the United Arab Emirates, Dubai, founded in 2014 as a technology company and consultancy on the digitalization of traditional heritage and industry with artificial intelligence.
It has a successful consultancy services portfolio to foreign and local companies, the government, and several other regulators.
Emirex is still new compared to other big players in the industry. However, with high credibility and big promotion, we could only expect only a good result in the future.
If you’re from Arab countries or any Islamic region, maybe Emirex would be a preferable choice for you.