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Author: Admin | 2025-04-28
A wire transfer. 2. Options for Buying Bitcoin with ACH eToroeToro is a trading platform that simplifies the process of buying and selling Bitcoin for users. It operates in nearly every US state and accepts ACH transfers in all areas where it is available. The states with restrictions include Minnesota, Nevada, New York, Tennessee, and a few others. It’s important to note that US customers can only invest in Bitcoin, Bitcoin Cash, and Ethereum, while users from other countries have access to a broader selection of cryptocurrencies.To take out your Bitcoin with eToro, you must first transfer it to eToro’s wallet, which may take up to 3 days for approval. For this reason, eToro is more suitable for those looking to invest in Bitcoin for profit and intend to convert it to fiat later (e.g. USD).There are no deposit fees for ACH transfers with eToro. You can read my eToro review for a complete overview of what eToro offers (including which countries it supports). CoinbaseCoinbase, established in 2012, is one of the oldest exchanges around. Coinbase has a brokerage service which is more suitable for beginners, but it also has an advanced trading platform called Advanced Trade for more experienced traders.With Coinbase, ACH transfers are completely free of deposit fees (unlike wire transfers). The transfer typically takes 3-5 business days (which may be as many as 7-10 calendar days, depending on the timing of weekends and other bank holidays) to complete after initiating a purchase.You may see the funds immediately
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