Buy Bitcoin With ACH 

 December 29, 2021

By  Brian Forester

Nowadays almost everyone knows about different types of cryptocurrencies, such as Bitcoin, and if you are reading this article, we guess that you also would like to enter the crypto world with the use of your ACH bank account and start buying or selling Bitcoin.

When it comes to transferring money, the ACH system is one of the greatest choices for US citizens, as it accepts not only the usual fiat currencies but Bitcoin also, and the transactions are free in most cases.

In this article, we will explain to you why you should consider creating an ACH bank account, as well as tell you a bit more about how you can buy Bitcoin with ACH and the exchanges that support ACH transfers.

More About ACH

ACH is decyphered Automated Clearing House, and it is an electronic system that helps US citizens in transferring their money, and it happens to be controlled by the National Automated Clearing House Association or NACHA.

And due to the latest changes in the laws, almost any card transaction that is made through an ACH-linked bank account can now take place the same business day as the request was made.

This is particularly good for those who would like to fasten their transactions, as wire transfers can take several days to clear, and instant payments might require huge fees from you.

Because of that, ACH transfers seem like a perfect solution for you to start buying or selling Bitcoin!

Pros and Cons

Like any other account that is used to make a bank transfer, this one also has its own advantages and disadvantages, which we are not going to hide from you.

By reading this part of the article, we believe that you would be able to make an informed decision about whether or not you would like to buy Bitcoin with ACH bank transfer accounts or even create one.

As for the perks, the ACH bank account has the following ones:

  • User-friendly interface and quick speed of work that makes it easy for any newbies to make a bank transfer of their money and start buying Bitcoin or any other crypto
  • An opportunity to make free of charge transactions, as most of the banks do not take them from ACH bank accounts, which might be of special importance to those that would like to buy Bitcoin with ACH account’s services
  • A higher chance of making an instant bank transfer, which might be crucial in your process of buying or selling Bitcoin

And as for the flaws, there are not so many of them, but still, here they are:

  • Most of the crypto exchange platforms accept ACH bank transfers that come in only in USD
  • ACH bank transfer is still not available in all of the USA states

Places where ACH Works

In sync with the last con of the ACH bank account, most exchanges do not accept any fiat currency except for the USD one, but still, some of them will work with other currencies. For now, we can only hope that this situation will change in the nearest future.

Here is the list of countries in which ACH transfers to bank accounts are possible:

  • Australia
  • New Zealand
  • Hong Kong
  • United States
  • India
  • Canada
  • Mexico
  • United Kingdom

As for Europe, the list is quite long:

  • Austria
  • Cyprus
  • Czech Republic
  • Denmark
  • Belgium
  • Bulgaria
  • Estonia
  • France
  • Germany
  • Finland
  • Gibraltar
  • Greece
  • Hungary
  • Iceland
  • Latvia
  • Guadeloupe
  • Ireland
  • Italy
  • Liechtenstein
  • Luxembourg
  • Monaco
  • Malta
  • Lithuania
  • Mayotte
  • Netherlands
  • Martinique
  • Norway
  • Portugal
  • Reunion
  • Poland
  • Romania
  • Sweden
  • Saint Pierre et Miquelon
  • Portugal
  • Slovenia
  • Switzerland
  • Spain

Trading Platforms That Accept ACH Transfers

And now let us talk a bit more about the options that allow you to use ACH transfer of the money to the crypto account and buy Bitcoin from it.

Here, we will discuss eight of them that seem to be the only decent ones to accept ACH transfer for now, but this can always change, so you better check for any new information.

However, all of them have quite a long and decent reputation, which is why we do not think that you would be unsatisfied: you could easily buy Bitcoin from any one of them.


Paxful has the most diverse selection of payment methods that we have only seen in the crypto world: this platform accepts over 350 of them, ACH wire transfer included.

The platform is also convenient for those users that would like to see different price offers for the purchase of Bitcoin and have a chance to choose the best one.


This Bitcoin exchange was created in 2012, in times when cryptocurrency was still a fairytale for many of us, and it is still one of the best ones on the market.

For the newcomers to the crypto world, we would recommend using a simpler version of this coin exchange, called Coinbase. And as for the more or less adjusted users, Coinbase Pro might be the best choice.

Coinbase is a good choice especially for those people that do not have an opportunity to make a deposit with fees, as no such ones would be taken from you in here when you would decide to buy Bitcoin.

However, do not expect the wire transfer to be made instantly into your Coinbase account. You most probably will see in your ACH-linked bank account that the money has been sent, but it takes much more time for this sum to be moved from ACH to the Coinbase bank account.

In general, wire transfer would take from 3 to 5 working days, but it can be even more, depending on the day of the transaction and whether or not there are some holidays that would prolong the weekends.

This is because of the need for the ACH to firstly send the request to Coinbase, which the latter is required to process for some time, and only after that could your money be received by Coinbase and used to buy Bitcoin.


Cex.io is one of the biggest crypto platforms that exist right now, which is why you will not have any troubles in buying Bitcoin (or selling Bitcoin) there or transferring the money for it via your ACH bank account.

However, to be able to use this platform, you would need to verify your account, which can be done with the help of one of the following documents:

  • ID
  • Passport
  • Driver’s license

In Cex.io, your wire transfers would be absolutely free, which is definitely a great feature for any user.


Another great trading platform that accepts ACH transfers is called eToro USA LLC, and it is available in more than 40 US states.

In addition, you would not meet any deposit fees on this trading platform, which might be a relief for many of you. However, withdrawing Bitcoin from the eToro USA LLC account is a bit tricky, which is why it can take up to 3 days.

And because of this, we would recommend you to create an eToro account only if you plan to buy Bitcoin and use it as your profit strategy, which means selling Bitcoin and withdrawing the money in the fiat currency, not the crypto one.

But this is just our recommendation, which you can or cannot follow: in any case, you will have a certain market risk, as any investment is subject to it.


This trading platform also allows using ACH wire transfers, as well as provides you with a range of different cryptocurrencies to buy aside from Bitcoin. Similar to Cex.io, you would also need to verify your account. What is more, only USA residents can use the Kraken platform.

Prices for Bitcoin on this platform are quite low in comparison with the average ones on the market: here you can buy Bitcoin with ACH transfer accounts for only 10 dollars.

But there is a downside to this feature, which is that you will have a 0.5% fee from the amount of money that you have invested with the help of bank transfers.


Gemini Bitcoin exchange platform was created in 2015, and it also happens to be one of the best ones when it comes to ACH transfer and the process of buying or selling Bitcoin.

As with the two of the previous exchanges, Gemini also does not charge any deposit fees from you, and the wire transfer to this platform can also take quite a long time, 4-5 business days, which seems to be a common feature of any exchange platform.


Coinmama seems to be another popular platform that many people with ACH bank accounts use. It will also provide you with an opportunity to buy Bitcoin, as well as require an account verification for that.

Aside from this condition, there is nothing else that you would need to do in order to start buying Bitcoin.

However, you will need to wait no less than one day for the ACH bank transfer to take place, which might delay your initial plans.


Blockchain.com is another platform that is greatly appreciated by crypto traders, and it has recently added ACH transfer as one of the accepted payment methods.

According to the website of this platform, their main goal is to provide people with a fast and affordable method that would allow them to purchase Bitcoin and other cryptocurrencies, and they seem to keep the promise.

Instant Transfers

Despite the fact that many of the platforms take quite big fees for making an instant buy, there still might be situations when you would need one. For example, if the price of Bitcoin decided to drastically change, and so you either would need to buy more or sell more of your assets from the retail investor accounts almost immediately to avoid unnecessary market risk.

For example, the Blockfi platform provides an opportunity for its ACH clients to make an instant buy. Moreover, you can even set up an automatically made transaction, so that the systems of the platforms would regularly buy Bitcoin in the amount that you want: it can be made daily, weekly, or monthly, however you would like it.

What is more, Blockfi provides you with free of charge instant transactions, which is a rare possibility now.

How to use Blockfi

There is nothing really hard about your trading process with Blockfi.

All that you would need to do is the following:

  • Create your own Blockfi account
  • Connect it with your ACH account
  • Choose the preferred cryptocurrency from the crypto portfolio of the platform
  • Make an ACH bank transfer of the money to your Blockfi account
  • Wait for the automatically made conversion of your fiat currency into a crypto one

Reasons why Your ACH Account is not Working

It may happen that for some reason your ACH bank account is currently disabled, which might prolong your Bitcoin purchasing process.

There are not so many explanations for that, simply check whether or not you:

  • Did not complete your registration process to receive an ACH account
  • Did not upload your ACH selfie
  • Have not yet received a confirmation that your account is verified

Make sure that all of these things are done, and after that simply wait for an email that will specify your next steps.

Frequently Asked Questions (FAQ)

Can I use ACH to buy Bitcoin?

Yes, you can. There are many crypto exchange platforms that allow using an ACH bank account as a payment method for many of the cryptocurrencies, including Bitcoin.

In our article, we have described eight of them, such as Paxful, Coinbase, Cex.io, eToro USA LLC, Kraken, Gemini, Coinmama, and Blockchain.com. More information about them can be found above.

Does Blockfi Accept ACH?

Yes, it does. You can even make a free-of-charge instant bank transfer from your ACH account to the Blockfi one.

Simply create a Blockfi account, connect with the ACH, transfer the money, and purchase Bitcoin or any other crypto that you would like to buy.

Does Coinbase accept ACH?

ACH bank account is accepted by Coinbase as one of the payment methods, both in Coinbase and Coinbase Pro apps.

In addition, you would not receive any fees for making bank transfers to this platform but will have to wait for a few days for your transaction to take place.

Brian Forester

Brian is an experienced journalist and crypto enthusiast. Founder of CryptoCurry - famed for his insightful input on the future of cryptocurrencies and blockchain technologies.

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