How can I buy crypto using ACH transfers?
Maaz KhanDec 26, 2021 · 3 years ago1 answers
Can you provide a step-by-step guide on how to buy cryptocurrency using ACH transfers?
1 answers
- Dec 26, 2021 · 3 years agoAbsolutely! Here's a step-by-step guide on how to buy cryptocurrency using ACH transfers: 1. Choose a reputable cryptocurrency exchange that accepts ACH transfers. 2. Sign up for an account on the exchange and complete the necessary verification process. 3. Link your bank account to your exchange account by providing the required information. 4. Once your bank account is linked, navigate to the 'Buy' or 'Trade' section of the exchange. 5. Select the cryptocurrency you want to buy and choose ACH transfer as the payment method. 6. Enter the amount of cryptocurrency you wish to purchase and review the transaction details. 7. Confirm the transaction and wait for the ACH transfer to be processed. 8. Once the transfer is complete, the purchased cryptocurrency will be added to your exchange account. It's important to note that the processing time for ACH transfers can vary, so it's a good idea to check with the exchange for estimated timelines. Additionally, some exchanges may charge fees for ACH transfers, so be sure to review the fee structure before making a purchase. I hope this guide helps you buy cryptocurrency using ACH transfers! If you have any more questions, feel free to ask.
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