3 Best Ways to Buy Bitcoin with ACH Transfer in 2022

In our last piece, we talked about how to buy Bitcoin with a bank account/bank transfer.

This tutorial is sort of on the same topic, but it is focused fully on buying Bitcoin with ACH transfer. We will go through what you should consider when picking an exchange, give you the pros and cons of using ACH and then, of course, showing you the best options when you want to buy Bitcoin with ACH transfer. Let’s get into it, shall we?

If you don’t have a lot of time to read the article, Coinbase offers the easiet way to buy bitcoin with ACH transfer. Once you have deposited USD, you can buy other crytpos using the USD pair. The exchange is user friendly and the overall experience is super smooth. 

Top 3 Best Ways to Buy Bitcoin with ACH transfers

1. Coinbase


Coinbase is the market leader, and that is for a good reason. They are the ones responsible for making the masses join the cryptocurrency market with ease. With their easy-to-use interface as well as great wallet integration makes it the number one choice for buying bitcoin with ACH transfer. 

Even though the trading fee is high when compared to FTX and other exchanges, the ACH deposit is completely free. 

They even have an app that you can use to access the exchange and wallet at any time, in case of you wanting to sell your Bitcoins quickly or using them to buying goods in person (more and more stores are accepting Bitcoin as a payment method, but it will probably take a year or two more before that’s a standard). Their support is top-notch which also makes it a great option if it is your first time buying Bitcoin.

We highly recommend Coinbase to all our readers looking to buy Bitcoin with ACH transfer.

2. FTX

FTX.US has been growing rapidly owing to it’s wide set of features and user friendly trading options. FTX is among the top regulated exchanges in the US that provides ACH transfer as a deposit option. The process to depsoit funds is fairly easy, once you create an account and complete the verification process, head to the wallet option – www.ftx.us/wallet

Click on the ‘deposit’ option on the row that reads ‘USD and Stablecoins’. Now click on the ‘Deposit via ACH’ option and you will be aksed to connect to your bank using a 3rd party service ‘Plaid’. Choose your bank and login using your banking credentials, this should sync your bank with the FTX account. 

You can enter the amount you want to deposit and then click on ‘Authorize’. While most deposits happen instantly there are cases when it might take more than 5 business days. Once you have the USD in your account, you can easily buy bitcoin using the BTC/USD pair

The first ACH transfer is free and $0.5 will be refunded after successful deposit. FTX is geared towards intermediate and advanced traders, if you are someone new to cyrpto, Coinbase or Gemini can be easier to navigate. 

3. Gemini

gemini logo

Geminin is among the top US exchanges offering ACH as a deposit method to buy bitcoins. In addition to buying/selling cryptos, Gemini allows users to compound their crypto holdings using the Gemini earn feature.

 You do not have to pay any fee for depositing USD using the ACH transfer option. Just head to the deposit page and follow the steps to send USD from your bank account to Gemini. Here’s a video which details the process. 

Once you have USD, you can easily buy bitcoin using the BTC/ USD pair. 

What to consider when choosing an Exchange with ACH Transfer


The fees are probably the most important thing to consider when picking an exchange. Most exchanges do not charge any fee for ACH transfer but do note that it does take time for funds to reflect in your account. Even though you are allowed to trade, you will not be able to withdraw the funds untill the ACH deposit is complete. 


Good support is a must! Each exchange will have some fuckups or you will face some trouble no matter what exchange you decide to use, it’s sort of unavoidable (this is the same with other types of exchanges and services as well, so nothing unique for the cryptocurrency market). Since it is unavoidable, it is important that they, the exchange, take great care of the problem and help you out solving it.

All three exchanges mentioned in our list have detailed guides which can help you during the deposit process. If your funds are stuck (rarely happens), you’d have to reach out to the respective support on phone or email. This is why robust support options becomes important when you choose an exchange. 

Ease of use

We are in 2022, we don’t want to use services that aren’t easy and straight-forward. We believe buying Bitcoin should be easy so this is a big one in our opinion. However, a bulky/slow platform can be weighted out if the exchange is offering low fees, high limits or great support. 

Coinbase has the best user interface when compared with Gemini and FTX. Both the web and app versions are easy to use. Gemini comes second and FTX third. 


Luckily for you, ACH transfers usually have some of the highest limits when it comes to how much money you can deposit weekly or annually. However, limits are only for those investing serious money into cryptocurrency since most exchanges accept deposits over $1,000/week. But if you want to go beyond that, you need to go through an identification process by submitting your ID and have an aged account, so that they know you are trustable.

Pros of using ACH transfer to buy Bitcoin

  • The limits are way higher when using ACH transfer to deposit funds to an exchange.
  • Lower fees than for example PayPal, credit card, etc.
  • It’s safe since the most trustable exchanges accept ACH transfer as a payment method.
  • It’s really easy to deposit money with an ACH transfer.

Cons of using ACH transfer

  • Since it involves using a bank, it takes a few days to complete (1-5 days).
  • You need to submit an ID to do it, which makes it non-private.

Overall, we really think that buying BTC with ACH transfer is a great choice due to the wide selection of exchanges you can pick between, the low fees and the fact that you can use the best exchanges on the market.


In our opinion, these are the three best options if you are looking to buy BTC with ACH transfer. Coinbase is good due to the fact that it is easy to get started and understand the process, even for a beginner. GDAX is a great option if you are looking primarely for low fees. Gemini is a great one since it is easy to use and offers great support. Now it’s up to you to make a decision, good luck!

FAQs on Buying Bitcoin with ACH Transfer

Can I use ACH to buy Bitcoin?

As explained in our article, many US exchanges offer ACH as a deposit method. Coinbase offers free ACH deposits, the other alternatives are FTX and Gemini.

Does Coinbase accept ACH?

ACH is a free deposit option offered by Coinbase. The deposit process is fairly easy and funds are available for trade instantly. You cannot withdraw the funds until the deposit process is complete which may take up to 5 business days.

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