Buy Bitcoin with ACH

The companies below let you buy bitcoin via ACH bank transfer. Using ACH bank transfers will help you buy bitcoin online and in larger quantities than other methods. Buying bitcoin with ACH transfer also often comes with lower fees.

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Key Takeaways

There are many good choices to buy bitcoin with ACH.
Uphold, eToro and Kraken are some of the best options.
ACH is a transfer system in the United States. It won't work outside the USA.

eToro

eToro USA is a trading platform based in the USA. It accepts deposits via ACH.

It offers unique features like social trading. It also supports other coins like ethereum, litecoin, Zcash and about 10 more.

eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

Visit eToro's Website

Pros

Trusted exchange with 25+ million users
Easy to use to buy
The interface is clean and many coins supported

Cons

You cannot deposit cryptocurrency, but you can deposit with other payment methods

Ease of Use

Easy

Privacy

Low

Speed

Average

Fees

Low

Reputation

Trusted

Limits

High

Kraken

Visit Kraken's Website

Pros

Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
Very low maker fee, falling to 0% with sufficient trading volume
Highly-rated for security and data protection

Cons

Requires ID verification, so not private

Ease of Use

Hard

Privacy

Low

Speed

Average

Fees

Low

Reputation

Trusted

Limits

High

Uphold

Uphold is based in New York and supports US dollar deposits via ACH transfer. Visit Uphold's Website

Pros

Ability to buy many types of assets

Cons

Requires ID verification, so not private

Ease of Use

Easy

Privacy

Low

Speed

Average

Fees

Low

Reputation

Trusted

Limits

High

Gemini

Gemini is a Bitcoin exchange that serves both individual and institutional clients. You can fund your exchange account via ACH transfer or wire transfer. Currently available in 26 U.S. states. Visit Gemini's Website

Pros

Trustworthy and regulated exchange
Instant deposit lets you buy coins quickly (but not withdraw them)
Some of the lowest fees in the US and Canada

Cons

Somewhat confusing to use for new buyers

Ease of Use

Hard

Privacy

Low

Speed

Slow

Fees

Low

Reputation

Trusted

Limits

High

Bitcoin IRA

Another way to buy Bitcoin using ACH is to access funds in your traditional or Roth IRA, or any 401k plan you have with your employer.

To do this, you will need a Bitcoin IRA.

There are many great Bitcoin and Crypto IRA custodians, and we cover them all in our Bitcoin IRA guide.

If you have retirement money saved up and are interested in buying tax advantaged Bitcoin, this is a great way to start buying Bitcoin.

Visit Bitcoin IRA's Website

Pros

Tax-advantaged Bitcoin savings
Easy to set up an account

Cons

Cannot custody the Bitcoin yourself

Ease of Use

Average

Privacy

Low

Speed

Fast

Fees

High

Reputation

Trusted

Limits

High

Coinbase

Coinbase supports ACH buying and selling and is based in the USA. It is a public company listed on the NASDAQ. Visit Coinbase's Website

Pros

Trusted exchange with 100 million+ users
Based in the USA; with a free wallet included
App available on Apple App Store & Play Store

Cons

Easy to use but fees can be high
Coinbase may track how and where you spend your bitcoins

Ease of Use

Easy

Privacy

Low

Speed

Average

Fees

Average

Reputation

Trusted

Limits

High

Coinbase Advanced Trader

Coinbase Exchange is only available in certain U.S. States. You can fund your account via ACH transfer. Visit Coinbase Advanced Trader's Website

Pros

Some of the lowest fees available for US and EU customers
Possible to buy bitcoins for 0% fees

Cons

The user interface is confusing for first-time buyers

Ease of Use

Hard

Privacy

Low

Speed

Average

Fees

Low

Reputation

Trusted

Limits

High

Frequently Asked Questions

Does ACH work with Coinbase?

US Customers can use link their bank accounts to their Coinbase account to initiate an ACH transfer and deposit funds⁽¹⁾.

Once the ACH clears, these funds are immediately available to the customer for buying and selling on Coinbase.

Article Sources

BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.

Consumer Financial Protection Bureau - What is an ACH?, https://www.consumerfinance.gov/ask-cfpb/what-is-an-ach-en-1065/