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Crypto exchange Buy bitcoin Bank Account


HOW TO BUY BITCOIN (BTC) INSTANTLY WITH A BANK ACCOUNT?

CEX.IO is a global regulated platform of fintech and crypto services. We follow
world finance standards that allow us to build robust relationships with
different banks worldwide. Thus, CEX.IO customers can benefit from a wide range
of convenient payment methods. You can deposit and withdraw fiat money instantly
using Visa and Mastercard debit and credit cards. As well as with a SWIFT, SEPA,
ACH, Faster Payments bank transfer. Some of these options are free of charge on
CEX.IO. More about these in the next sections.


BUY BITCOIN WITH VISA OR MASTERCARD IN USD

Buy
BTC
For
USD
 * USD
 * EUR
 * GBP

200

Get

0.0047 BTC

Buy
500

Get

0.0119 BTC

Buy
1,000

Get

0.0239 BTC

Buy
Your Amount
USD
BTC
Buy

The price will be recalculated in 82 seconds

How it works?

How it works?

This service, provided by CEX.IO, simplifies buying and selling on the exchange,
and is based on Fill-or-Kill (FOK) orders.

FOK orders are executed immediately and in full or are not executed at all.

In other words, with FOK orders, CEX.IO guarantees that its users will receive
not less than the agreed amount of cryptocurrency for the agreed price.

How does it work?

CEX.IO calculates the price and freezes it for 120 seconds. The service exchange
rate is adjusted to mitigate the risks connected with price fluctuations.

At any given moment, you input the amount of money you wish to spend and you see
the amount of cryptocurrency you can receive, according to the service exchange
rate, or vice versa.

If the situation on the market allows the execution of your order on conditions
not worse than you agreed on, the order will be filled. The order can also be
filled on more favourable conditions.

If there is a sudden spike in the exchange rate — preventing the execution of
the order on the agreed conditions — you will be notified upon the submission of
the order.

After you confirm the trade, your order is matched to other orders on the
exchange — sometimes the amount can be even greater than agreed on, but is never
smaller.

What is the fee for this service?

CEX.IO takes a 7% fee for the service which is charged from the amount of fiat
currency.

How it works?


GUIDE: HOW TO BUY BITCOIN (BTC) WITH A BANK ACCOUNT INSTANTLY?

To be able to buy crypto instantly on the CEX.IO Bitcoin Exchange, create an
account and top-up your balance. You can register either an individual or a
business account.


WHAT ACCOUNT TYPE TO CHOOSE?

Both account types give you access to all CEX.IO services and products. The
difference actually is in the deposit and withdrawal limits. Say, if you’re an
entrepreneur and plan to trade big volumes on CEX.IO, then you need a business
account. We also have a Corporate verification for companies so you can involve
your company funds for earning with cryptocurrency.

Yet, if you’re not going to spend more than 10,000 USD in a day, open an
individual account on CEX.IO. To buy Bitcoin using a bank account no
verification of your source of funds is required. You just need to provide some
personal information, like your name, date of birth, and place of residence.

Once you register and pass the verification, top up your account with fiats and
start buying crypto.


HOW TO TOP-UP MY ACCOUNT WITH A BANK TRANSFER?

Before you initiate a bank transfer deposit, get familiar with the conditions
and fees of available methods. And pay attention to the list of countries where
instruments are allowed. You can see the list down the page.

INTERNATIONAL TRANSFER: SWIFT

SWIFT is an international payment system that connects millions of banks around
the world. If you want to transfer money for long distances, but there is no
direct contact between the sender and receiver bank, SWIFT using the
intermediary bank. If you want to deposit USD, EUR, or GBP using the SWIFT
transfer, make sure your bank is connected to the system.

To make a transfer, you need to provide a bank recipient name, address, and the
IBAN or SWIFT number. This information you can get when you initiate the SWIFT
deposit on CEX.IO. Just enter the amount that you’re going to send, choose the
country and click Proceed. You can give the receipt you get to your bank officer
or use it in your online banking. But don’t forget to include your unique
reference — an order number.

DOMESTIC TRANSFER: SEPA, ACH, FASTER PAYMENTS

These options are working locally meaning you can use them in a limited area.
For instance, ACH is available for US banks only, Faster payments are working in
the UK, and SEPA transfers are available in the selected European countries. So,
if you live in one of the mentioned regions or have a bank account there, you
can buy Ethereum, Bitcoin, Cardano, and other cryptocurrencies using domestic
bank transfer.

Here is how to do it:

 * Open the Deposit page;

 * Choose the method available for your country;
 * Enter the amount you want to receive on your CEX.IO account;
 * Click Proceed and you’ll get the receipt.

Use this information for a withdrawal from your bank account. You can do that
manually by asking your bank officer or via online banking.

Domestic transfers usually reach your account within 1 business day. Then you
can use these funds to buy Bitcoin (BTC).


INSTANTLY BUY CRYPTO WITH FUNDS ON YOUR CEX.IO BALANCE

We know that figuring out the crypto trading processes can take a lot of your
time. So we’ve designed a simple and understandable Instant buy service. With
this option, you can become a crypto owner with a few simple clicks, and the
whole process will take no more than 5 minutes.

STEP 1: CHOOSE A CRYPTOCURRENCY TO BUY

When you open the Buy/Sell page, you’ll see the BTC as a Buy currency, as it is
set by default. But you can also choose to buy Litecoin (LTC), Tether (USDT),
Tron (TRX), and many other digital assets presented on CEX.IO.

STEP 2: DECIDE HOW MUCH TO BUY

Mostly, our customers buy crypto for $200, $500, and $1,000 so we’ve created
pre-calculated packs of price and amount for every cryptocurrency with these
sums. You can enter your own value in the last box as well, but make sure it
meets the minim purchase requirement. The fiat value of your purchase will be
shown according to the current cryptocurrency prices.

STEP 3: CHOOSE A PAYMENT METHOD

If you have already deposited funds with a bank transfer, then you can proceed
by paying with your available balance. Yet, the service also allows you to buy
cryptocurrency with credit & debit cards. To do so, click on Add a card and
provide your Mastercard or Visa card credentials.

ENJOY YOUR BITCOINS

The number of Bitcoins you’ve purchased will appear on your CEX.IO account
immediately. Then, you can use it for trading, transfer to savings account for
passive earnings, or wait for the price spike and sell Bitcoin for fiats to make
a profit.


BUY BITCOIN (BTC) VIA MARKET AND LIMIT ORDERS

If you have some experience in trading traditional or digital assets, or would
like to start doing that, then you can use our Trade page. There you can study
the price charts, take a look at the market depth and order book, and place
market and limit trade orders.


STUDYING THE PRICE CHARTS

The chart shows you a relation of a base currency (eg: Bitcoin) to the quote
currency (eg: USD). In other words, this is a BTC value in dollars. You can see
the list of all markets on the left part of the page and choose BTC to USD, ETH
to EUR, ADA to USDT, or any other pair.

On the price chart, you can see the historical changes of the asset value
reflected in candlesticks. Each candle consists of information about the first,
last, highest and lowest price within 15 minutes. But you can switch the
timeframe and choose from 1 minute to 1 day. The candlestick chart is useful for
studying the market trends and patterns and spotting the good time for buying
and selling crypto.


PLACING TRADE ORDERS

With our user-friendly interface, you can easily find the order placing widget,
it’s right under the price chart. You can choose between the instant market
order and delayed limit order. Both types of orders can be placed to exchange
fiat for cryptocurrencies and vice versa.

If you place the market order, it will be completed right at the moment of
confirmation. We’ll take the best available price in the order book to execute
your purchase request. Including the fact that CEX.IO serves 4 million people
around the globe, it’s hardly possible that your trade will match the first
order from the order book. That’s why the price of the market order execution is
always estimated.

With the limit order, you can set your own price at which to buy or sell crypto.
Once you confirm it, the order will be placed in a queue. And when the market
price reaches the one you set, the order will be completed. You can look at the
order book by scrolling down the page. So you’ll have a better understanding of
the possible execution time of your limit order.


HOW TO EARN WITH CRYPTO USING THE CEX.IO ECOSYSTEM?

CEX.IO’s ecosystem consists of numerous services allowing you to grow your
crypto portfolio. Usually, traders spend hours and days studying the price
charts and building up a strategy for profitable trading. However, you can
multiply your crypto holdings by doing almost nothing.


SIMPLIFIED CRYPTO STAKING PROGRAM

Proof of stake (PoS) is a comparingly new approach to transaction validation in
blockchains. Users can connect to the staking nodes, lock their tokens there and
earn some crypto for keeping these funds locked in the network.

With CEX.IO Staking you can earn crypto by simply keeping staking tokens on your
balance. There’s no time limit, you can withdraw or trade your crypto as soon as
you need. And yes, we’ll count and credit your staking reward anyway.


SAVINGS ACCOUNT FOR YOUR CRYPTO

Crypto savings account work similarly to traditional ones. You transfer your
digital assets to an account and start earning annual interest. The percentage
yield varies from 3% to 16%, depending on the currency you use. What’s more,
CEX.IO Savings doesn’t require you to fill in the long forms and wait until the
end of the deposit period to withdraw your funds. You retain full control over
your funds and earnings.


JOIN THE CEX.IO AFFILIATE CLUB

Every CEX.IO customer can earn the referral reward by recommending the platform
to friends, colleagues, or social networks followers. All you need is just copy
your referral link and share it through any preferred channel. Your crypto blog
or Twitter account can make you some money as you’ll get 30% of every trading
transaction made by your referrals.


FAQ: BUYING CRYPTO WITH A BANK ACCOUNT

Q.


CAN I BUY BITCOIN (BTC) ONLINE WITH A BANK ACCOUNT REGISTERED IN THE USA?

A.

CEX.IO supports SWIFT, Domestic Wire, and ACH payments in USD. All these options
are available for US residents. Even if you’re now traveling or not in America
for some reason, you can use your bank account registered there for wire
deposits.

By the way, SWIFT and Domestic Wire deposits come with a 0% fee on CEX.IO. You
can send as little as 20 USD or transfer a bigger amount if needed. Funds should
reach your CEX.IO account within the business day.

Then, you can use your balance to buy crypto on the CEX.IO website or in our
mobile app.

Q.


HOW TO BUY BITCOIN (BTC) WITH AN ACH BANK TRANSFER?

A.

ACH means Automated Clearing House. This is an electronic system of transferring
funds between American banks. Actually, you can not buy Bitcoins with ACH
without a bank account opened in the USA.

To use your bank account for buying crypto with ACH, go to the Deposit page on
the CEX.IO website, choose USD, and select ACH. Once you click Proceed, you’ll
get the payment details needed for a successful wire transfer. Remember that the
reference and order numbers are different for each new deposit request. Make
sure to include every detail from the receipt while making a deposit. Without
this info, your deposit may be delayed for some days.

Q.


CAN I BUY BITCOIN (BTC) WITH A DEBIT CARD?

A.

CEX.IO accepts both debit cards and credit cards and you can use them either for
instant fiat deposits and direct crypto purchases. To buy Bitcoin with a debit
card instantly, open the Buy/Sell page, choose the amount and click Buy. On the
next step, you can add a new payment card to your CEX.IO account or pay for
crypto with the one you’ve linked before.

Q.


HOW TO WITHDRAW MONEY FROM CEX.IO TO A BANK ACCOUNT?

A.

To make a withdrawal, you’ll need to provide your bank details like the bank
name, country and address, BIC/SWIFT number, and your IBAN or bank account
number. Make sure you have up-to-date information before initiating a
withdrawal. Any mistake can lead to the fund’s loss.

When ready, go to the Withdrawal page and choose one of the wire transfer
options. Next, provide the necessary details and confirm the payment. Make sure
that you send funds to your personal bank account. The recipient name should be
the same as the CEX.IO account owner’s name.

Buy Bitcoins


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© CEX.IO Ltd 2023

Server time: 2023-12-01 15:29:13.

CEX.IO Corp., CEX.IO EU VASP, UAB and CEX OVRS LLC are collectively managing the
CEX.IO platform.

CEX.IO Corp. (NMLS# 1804170) serves United States residents only in
jurisdictions where it is licensed to operate as a Money Service Business (MSB
Activities 409 499). Registered address: 900 E Diehl Rd STE 110, Naperville, IL
60563, USA. For the list of the US licenses and registrations, see the US
Licenses and Registrations page.

CEX.IO EU VASP, UAB (306186479) with its registered office address: Didžioji
str. 18, Vilnius, Lithuania registered as the Virtual Asset Service Provider
(VASP) and depository virtual currency wallets operator in the State Enterprise
Centre of Registers of the Republic of Lithuania lists.

CEX OVRS LLC (No. L 22275), serves customers all over the world except from the
countries which are specified in the respective Terms of Use. Registered office
address: Suite 1, A.L. Evelyn LTD Building, Charlestown, Nevis.

1. The availability of the products, features, and services on the CEX.IO
platform is subject to jurisdictional limitations. CEX.IO may not offer certain
products, features, and services on the CEX.IO platform in certain jurisdictions
due to potential or actual regulatory restrictions. For more information, see
our Licenses and Registrations.

The web content provided by CEX.IO is for educational purposes only. The
information and tools provided neither are, nor should be construed as, an
offer, or a solicitation of an offer, or a recommendation, to buy, sell or hold
any digital asset or to open a particular account or engage in any specific
investment strategy.

Digital asset markets are highly volatile and can lead to loss of funds.

CEX.IO Corp. is not a registered broker-dealer or FINRA member. Crypto is not
insured by the Federal Deposit Insurance Corporation (FDIC) or the Securities
Investor Protection Corporation (SIPC).

Taxes may be payable on any return and/or on any increase in the value of your
digital assets and you should seek independent advice on your tax obligations.