You don’t need to negotiate, neither do you need to find a best buyer for your bitcoins as you have to do with other website and with exchange companies. Using Btc to bank is very easy and secure, you just need to put basic information after you select the amount of bitcoin you want to exchange and provide us the method through with you want. You can then withdraw the cash proceeds from your bank account once you have it linked to a digital wallet. Kindly note that you need to set up a bitcoin wallet in order to buy and sell bitcoins. You’re ready to buy/sell Bitcoins via your bank account. Coinbase is a popular site and very easy to use. The first thing you need to do if you want to buy bitcoin on Coinbase exchange is to go to the website and register an account. You will see a form like the one below. First, you need to open an account on any of the exchanges –for example, LocalBitcoins; then complete your profile setup and place a trade request to sell bitcoin. You can specify your preferred payment method. Choose which wallet you want to receive Bitcoin to. Make sure you select a BCH wallet if you are receiving Bitcoin Cash or a BTC wallet if you are receiving Bitcoin. Your chosen wallet will generate an address that lets you receive coins. Copy this by tapping the QR code if you’re on mobile, or by clicking it if you’re on desktop.

• Do You Need A Bank Account For Bitcoin Money
• Can You Buy Bitcoin Without A Bank Account

Using Bitcoin to transact is easy and accessible to everyone.

Inform yourself

Bitcoin is different than what you know and use every day. Before you start using Bitcoin, there are a few things that you need to know in order to use it securely and avoid common pitfalls.

Choose your wallet

Free bitcoin wallets are available for all major operating systems and devices to serve a variety of your needs. For example, you can install an app on your mobile device for everyday use or you can have a wallet only for online payments on your computer. In any case, choosing a wallet is easy and can be done in minutes.

Get Bitcoin

You can get Bitcoin by accepting it as a payment for goods and services. There are also several ways you can buy Bitcoin.

Spend Bitcoin

There are a growing number of services and merchants accepting Bitcoin all over the world. Use Bitcoin to pay them and rate your experience to help them gain more visibility.

Inform yourself

Bitcoin does not require merchants to change their habits. However, Bitcoin is different than what you know and use every day. Before you start using Bitcoin, there are a few things that you need to know in order to use it securely and avoid common pitfalls.

Processing payments

You can process payments and invoices by yourself or you can use merchant services and deposit money in your local currency or bitcoins. Most point of sales businesses use a tablet or a mobile phone to let customers pay with their mobile phones.

Accounting and taxes

Merchants often deposit and display prices in their local currency. In other cases, Bitcoin works similarly to a foreign currency. To get appropriate guidance regarding tax compliance for your own jurisdiction, you should contact a qualified accountant.

Gaining visibility

There is a growing number of users searching for ways to spend their bitcoins. You can submit your business in online directories to help them easily find you. You can also display the Bitcoin logo on your website or your brick and mortar business.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

Although it may seem hard to buy bitcoin without a bank account, services that allow the unbanked to buy bitcoin often deliver your coins faster. You also maintain more of your privacy when you use services that don't require a bank account

There are two good ways to buy bitcoin without a bank account: with credit card, or with cash.

We'll show you exchanges that work for both methods.

Credit Card: Option #1 to Buy Bitcoin without a Bank Account

Credit card is one way to buy bitcoins without a bank account. The main benefit is that the delivery of coins is fast.

The exchanges in the table below allow you to buy bitcoin with credit card.

• Bits of Gold

  • Crypto exchange based in Tel Aviv
  • Buy with card, cash or bank transfer
  • Supports Bitcoin & Ethereum
• SwyftX

  • Crypto exchange based in Australia
  • Supports credit card buying
  • Easy to use interface
• Luno

  • Best for Nigeria, South Africa, Indonesia, Malaysia
  • East to use interface
  • Trusted exchange
• eToro

  • Supports Bitcoin, Ethereum & 15 other coins
  • Start trading fast; high limits
  • Clean & easy trading interface

  This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

• Coinbase

  • High liquidity and buying limits
  • Easy way for newcomers to get bitcoins
  • 'Instant Buy' option available with debit card
• Coinberry

  • Crypto exchange based in Canada
  • Very high buy and sell limits
  • Supports credit & debit card, Interac, wire

Cash: Option #2 to Buy Bitcoin without a Bank Account

Cash is the second option. Below you can find exchanges that allow you to buy with cash.

Local Bitcoins provides escrow and offers a number of payment methods for buying bitcoin with no bank account. Cash deposit, Western Union, face-to-face cash trade, Amazon gift card are all offered on top of many other payment methods. Local Bitcoins provides escrow, but be sure to buy from sellers with previous trade history and positive feedback.

We may receive compensation when you use LocalBitcoins. Please visit LocalBitcoins for its exact pricing terms.

• Can be private, fast and easy
• In-person trades require no personal information
• Purchases of bitcoin can be made quickly via cash deposit

• Beware of scams; always follow the rules!
• Harder to buy large amounts of bitcoins compared to large exchanges
• Slightly to significantly higher prices than regular exchanges; premium for higher privacy

Read Review

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States. You'll have to verify your identity before buying, making LibertyX less private than some of the other options. You can buy up to $1000 worth of bitcoin. You'll be charged a 1% fee on all purchases, but if you sign up with Facebook you can buy your first $1000 fee free. Your bitcoin should arrive a few minutes after your payment is made.

• Easy and fast way to buy bitcoins with cash
• Low 1.5% (plus store fee) rate for cash purchase method
• Daily $1000 limit is fairly high for a convenience service

• Participating stores add their own variable fee
• Some verification is required which lowers the expected privacy level of cash purchase
• Attaching your Facebook account further degrades privacy

Coin ATM Radar helps you find Bitcoin ATMs in your area, where you can by bitcoins with cash and no bank account.

• Our map makes it super easy to find a Bitcoin ATM near you

• Bitcoin ATMs often have 5-10% fees per purchase

Do You Need A Bank Account For Bitcoin Money

On top of the options listed above, it's always possible to buy bitcoin at your local meetup or from a local Bitcoin ATM. Use Coin ATM Radar to find a Bitcoin ATM in your area.

Can You Buy Bitcoin Without A Bank Account

The availability of the services listed above may vary by location.