ACH transfers have become a go-to method for U.S. investors looking to purchase Bitcoin with lower fees and higher deposit limits. This payment option is supported by several reputable, FinCEN-regulated cryptocurrency exchanges. In this guide, we’ll explain how to buy Bitcoin using ACH, compare top platforms, and highlight the advantages and limitations of this popular banking method.
What Is an ACH Transfer?
An ACH (Automated Clearing House) transfer is an electronic network for processing financial transactions in the United States. It enables money to be moved between bank accounts without the need for cash, paper checks, or wire transfers. ACH is widely used for direct deposits, bill payments, and—increasingly—funding cryptocurrency purchases.
Many investors prefer using ACH to buy Bitcoin because it is secure, cost-effective, and integrates seamlessly with U.S. banking systems.
How to Buy Bitcoin Using ACH
Here’s a simple four-step process to buy Bitcoin with ACH:
- Sign up with a regulated exchange that supports ACH deposits.
- Complete identity verification (KYC) as required.
- Link your bank account and deposit USD via ACH.
- Purchase Bitcoin using the deposited funds.
Most platforms process ACH deposits within minutes, though some may take up to a few business days.
Best Exchanges to Buy Bitcoin With ACH
1. Kraken
Kraken is a top choice for ACH transfers due to its integration with Plaid, which enables instant verification and near-real-time deposits. It offers over 200 cryptocurrencies and is available in most U.S. states.
Key Features:
- Minimum deposit: $10
- ACH deposit fee: Free
- Trading fees: From 0.16% (maker) and 0.26% (taker)
- Processing time: 1–5 minutes for deposits
Kraken is ideal for both beginners and advanced traders looking for a reliable and low-cost platform.
2. eToro
eToro stands out with its social trading features, allowing users to copy the trades of experienced investors. Its U.S. platform, eToro.USA, supports ACH transfers.
Key Features:
- Minimum deposit: $10 (after initial $100)
- ACH deposit fee: Free
- Spread-based fee: ~1%
- Processing time: Up to 5 business days
eToro is great for those interested in community-driven investing and portfolio copying.
3. Uphold
Uphold offers a unique multi-asset platform supporting cryptocurrencies, stocks, and metals. U.S. users can fund their accounts via ACH quickly.
Key Features:
- Minimum deposit: $10
- Spread fee: 0.8%–1.2%
- Processing time: ~5 minutes for deposits
- Withdrawals: 1–3 business days
Uphold is suited for investors looking to diversify beyond crypto.
4. CEX.IO
CEX.IO serves over 5 million users and supports ACH transfers for customers in more than 30 U.S. states. It offers a straightforward interface and a wide range of altcoins.
Key Features:
- Deposit limit: Up to $5,000 daily
- Trading fees: 0.25% (taker), 0.15% (maker)
- Processing time: Within 24 hours
- Regulation: FinCEN-registered
CEX.IO is a solid all-around exchange for U.S.-based traders.
👉 Compare ACH-friendly platforms here
Advantages of Using ACH
- Low Fees: Most exchanges do not charge for ACH deposits or withdrawals.
- High Security: ACH transactions are backed by U.S. banking regulations and encryption standards.
- Convenience: Once set up, transferring funds is quick and simple.
- Higher Limits: ACH often allows larger deposits compared to debit/credit methods.
Limitations of ACH Transfers
- slower Speeds: Transfers can take 1–3 business days on some platforms.
- U.S. Only: ACH is only available for U.S. bank accounts in USD.
- Transaction Caps: Some exchanges impose daily or weekly deposit limits.
Frequently Asked Questions
Can I buy Bitcoin with just my bank account number?
Yes. Through ACH transfers, you can link your bank account using your account and routing number on supported crypto exchanges.
Is it safe to use ACH to buy Bitcoin?
Yes. Reputable exchanges use encryption and banking-grade security protocols. Always choose platforms that are FinCEN-regulated and offer two-factor authentication (2FA).
Why is my ACH deposit taking so long?
While some platforms offer near-instant deposits, others may take a few business days to process transactions, especially during high-volume periods or for first-time users.
Are there fees for buying Bitcoin with ACH?
Most exchanges do not charge deposit fees for ACH transfers, but you may still incur trading fees or spread costs when purchasing Bitcoin.
Can I use ACH to withdraw Bitcoin profits?
Yes. Many platforms allow you to withdraw USD to your linked bank account via ACH, usually within 1–3 business days.
What if my bank doesn’t support ACH?
Almost all U.S. banks support ACH transfers. If you encounter issues, confirm with your bank or consider using a different exchange or payment method.
ACH transfers provide a secure, affordable, and efficient way to buy Bitcoin for U.S. investors. By choosing a regulated exchange and understanding the process, you can easily move funds from your bank account into the world of cryptocurrency.