Best Bitcoin Brokers For Bank Transfer Deposits and Withdrawals
Here you find all Bitcoin brokers which accept payments by bank transfer. Make deposits by wire transfer and cash out your potential profits right back to your bank account. Note that anonymous accounts arent possible in this case of course, as you have to verify your identity in order to make bank wire deposits or withdrawals.
Tip for trading beginners: If you need to work on your trading skills, you can give a professional trade group a try. We've just tested Bitcoin Trade Group and were pleasantly surprised by the quality of their work. Most members are really satisfied with accounts growing by about 20% per month (on average). Here's our BTG review.

- Bitcoin, Altcoin
- Derivatives
- Margin Trading
- Fiat Money, BTC
- no minimum
- Regulated and highly secure
- Demo accounts
- No minimum deposit
- More products could be available
- Low crypto leverage

- Bitcoin, Altcoin
- Derivatives (not in USA)
- Margin Trading (not in USA!)
- Crypto Spot Market Exchange
- Bitcoin, ETH, BCH, LTC, XLM
- Fiat Money
- 50 USD minimum
$5 withdrawal fee (0 in USA) Pro:
- Real crypto purchase
- Relatively low fees
- World-class support
- Anonymity not possible
- Minimum deposit $50 to $1000
- 1% Crypto Trading Fee

- Bitcoin, Altcoin Derivatives
- Margin Trading
- BTC
- Altcoins
- Fiat Money
- no minimum
Certain fiat transfer fees Pro:
- Best Mobile App
- Anonymous accounts
- No trading fees
- High swap rates
- Low transparency

- Bitcoin, Altcoin
- Margin Trading
- Bitcoin Futures (not in USA)
- Spot Market
- BTC, Altcoins
- Fiat Money
- 1 EUR | 20 USD | 20 CAD | 150 GBP | 15,000 JPY
Certain transfer fees Pro:
- High liquidity
- Margin trading
- Most secure broker
- Deposits can be expensive

- Bitcoin, Altcoin
- Crypto Spot Market Exchanges
- BTC, Altcoins
- Fiat Money
- No fees for crypto transfers
- Supports ~20 cryptocurrencies
- Range of payment options
- Comparably high fees
- No crypto wallet
- No crypto-to-crypto exchange

- Cryptocurrency Spot Market Exchange
- BTC
- Altcoins
- Fiat Money
- 20 $|€ minimum
- Top security
- Unlimited withdrawals
- High volume
- Relatively high fees
- Slow support

- Bitcoin, Altcoin Derivatives
- Margin Trading
- BTC
- Altcoins
- Fiat Money
- 10 USD minimum
- 1 USD micro accounts
- Many payment methods
- Experienced broker
- Also Traditional CFDs
- Support not 24/7
- High fees
- Only basic order types

- Cryptocurrency Spot Market Exchange
- BTC
- Altcoins
- Fiat Money
- no minimum
- Anonymous accounts
- More than 50 altcoins
- Relatively low fees
- Demanding verification
- Lack of a mobile app
- Slow withdrawals

- Cryptocurrency Spot Market Exchange
- Margin trading
- YEN, USD, EUR
- 0.001 BTC minimum for margin trades
- High liquidity Bitcoin exchange
- 6 Altcoins supported
- Phone support only in Japanese
- Sketchy FAQ

- Bitcoin, Altcoin
- Spot Market Exchanges
- BTC
- Altcoins
- Fiat Money
- No minimum
- Good liquidity
- High volume
- Competitive fees
- No margin trading
- Bad for privacy lovers
- Weak support
Many Bitcoin brokers offer the option to deposit or withdraw money by bank transfer. USD and EUR are standard in the list above. In this case you can buy Bitcoin on the broker website, incase you don't own BTC yet for trading. So you don`t need to own Bitcoin in advance to start trading on such broker sites, as you can just do a USD deposit, and exchange USD into BTC, which would be your first trade on the platform. Same is with EUR.
So for example, potential profits from trading Bitcon against the US Dollar could be directly cahed out to a trader's bank account.
If your BTC trading purpose is to make Dollars, bank transfer is a good choice for deposits and withdrawals, as the brokers usually don't charge extra fees for fait money transfers. Exceptions are Cex.io and Etoro, for example, both charge different fees depending on the amount you want to withdraw. Cex also supports other currencies than USD. Those are EUR, GBP and RUB.
Different Kinds Of Bank Transfers
- Domestic / Wire transfers
- ACH transfers
- SEPA (Europen international transfers)
- SWIFT (Global international transfers)
We are curious when it will be possible to simply use the new virtual banks for money transfers, too. If you don't know what virtual banks are, check this site.
It really depends on the specific broker what kinds of bank transfers are possible, or if and how much they charge for bank transfer deposits and withdrawals. This also depends on the the currency in which you want to deposit. For instance, kraken.com charges no extra fees for EUR transfers, but for USD. Just check on the specific broker website how much they charge for the different kinds – it could also happen that deposits are free but bank withdrawals could come with certain fees.
And check what currencies are supported. USD and EUR are usually standard, other currencies have to be checked out. You find the information in our reviews.
Possible Issues With Bank Transfers
For banks in general Bitcoin must be a serious threat as it's offering a new financial system which would make banks needless in the future. Bitcoin currency transfers are peer-to-peer which means that no company is needed to manage Bitcoin transactions.
Those are managed automated by the Bitcoin network. This might be the reason why some banks here and there try to make it difficult for their customers to have something to do with Bitcoin by blocking bank transactions which are related to Bitcoin purchases. Many people already had that problem with their bank, that bank transfers weren't executed and they had to discus the transaction with the bank.
Such behavior of course makes Bitcoin even more attractive for people with free minds, as they don't want anybody to be able to decide what they do with their money. A bank shouldn't be able to decide what their customers do with their money at all. But that's not the case, so cryptocurrencies might get more and more attractive.
So if you do your first bank transfer deposit at a Bitcoin broker, be prepared that the transaction might not be executed. You can search for such issues in advance to be prepared. But maybe your bank is cool and there is no need to worry. It's also possible that those issues disappear as Bitcoin seems to start getting into mass adaption phase at the moment, so banks won't be able to act like that anymore ( - treating Bitcoin purchases like illegal transactions or something like that.)