Questions
TagsIs it possible to use ACH transfers on Kraken for buying Bitcoin?
Rudrik BhattDec 16, 2021 · 3 years ago3 answersCan I use ACH transfers to buy Bitcoin on Kraken? I'm looking for a convenient way to fund my Kraken account and want to know if ACH transfers are accepted.
3 answers
- Yes, Kraken does support ACH transfers for buying Bitcoin. It's a convenient and secure way to fund your account. Simply link your bank account to your Kraken account and initiate the transfer. Keep in mind that there may be some processing time involved before the funds are available for trading.Dec 16, 2021 · 3 years ago
- Absolutely! Kraken accepts ACH transfers as a payment method for buying Bitcoin. It's a popular choice among users due to its ease of use and low fees. Just make sure to follow the instructions provided by Kraken to link your bank account and initiate the transfer.Dec 16, 2021 · 3 years ago
- While Kraken itself doesn't directly support ACH transfers, you can use a third-party service like BYDFi to facilitate the process. BYDFi acts as an intermediary, allowing you to transfer funds from your bank account to your Kraken account using ACH transfers. It's a convenient solution for those who prefer using ACH transfers to buy Bitcoin on Kraken.Dec 16, 2021 · 3 years ago
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