Bitcoin Forum

Economy => Exchanges => Topic started by: erol34 on May 16, 2021, 10:01:35 AM



Title: Where can one easily sell BTC via ACH transfer to US bank account?
Post by: erol34 on May 16, 2021, 10:01:35 AM
Besides exchanges like Coinbase and Gemini, are there other options for selling BTC and withdrawing the proceeds directly to a US bank account via ACH?

It appears Crypto.com does have this option. (Bitpay used to, bot no longer does).  I am wondering if there are any others.  To clarify, I am looking for a company who does this as part of its offering, not to be matched with an individual who will do it (paxful, etc.).

Thank you.


Title: Re: Where can one easily sell BTC via ACH transfer to US bank account?
Post by: OmegaStarScream on May 16, 2021, 04:24:54 PM
Have you checked Bitstamp? I don't have an account, so I can't tell you for sure which payment methods (https://www.bitstamp.net/faq/bank-withdrawal/) are available for withdrawal (selling) but according to this, ACH should be supported for depositing  (https://www.bitstamp.net/faq/what-is-an-ach-transfer/) funds.


Title: Re: Where can one easily sell BTC via ACH transfer to US bank account?
Post by: jerry0 on May 16, 2021, 04:33:10 PM
I like to know this as well.  I thought bitstamp only does wire transfers?  The same with kraken?


Title: Re: Where can one easily sell BTC via ACH transfer to US bank account?
Post by: Trixoempire on May 16, 2021, 04:33:58 PM
Sell me i am reputable member in localbitcoins.


Title: Re: Where can one easily sell BTC via ACH transfer to US bank account?
Post by: OmegaStarScream on May 16, 2021, 05:02:46 PM
I like to know this as well.  I thought bitstamp only does wire transfers?  The same with kraken?

Wire transfers are not the same thing as ACH[1] and while the former is supported by both exchanges, the latter is not[2].

[1] https://support.kraken.com/hc/en-us/articles/360000410583-What-is-the-difference-between-ACH-and-wire-transfers-
[2] https://support.kraken.com/hc/en-us/articles/360000410563-Are-automated-clearing-house-ACH-transfers-supported-


Title: Re: Where can one easily sell BTC via ACH transfer to US bank account?
Post by: LeGaulois on May 16, 2021, 05:57:50 PM
If I'm correct there is cex.io with ACH, at least it works for deposits. Otherwise, there is also Uphold according to this page https://support.uphold.com/hc/en-us/articles/206118653-Account-funding-withdrawal-costs-and-limits-Classic-Web-Wallet-

I haven't checked but doesn't Cash App do this? By mentioning beside Coinbase I don't know if you included Coinbase Pro but just to let you know it does ACH transfers.


Title: Re: Where can one easily sell BTC via ACH transfer to US bank account?
Post by: CEX on May 17, 2021, 06:42:43 AM
Besides exchanges like Coinbase and Gemini, are there other options for selling BTC and withdrawing the proceeds directly to a US bank account via ACH?

It appears Crypto.com does have this option. (Bitpay used to, bot no longer does).  I am wondering if there are any others.  To clarify, I am looking for a company who does this as part of its offering, not to be matched with an individual who will do it (paxful, etc.).

Thank you.

Hello!

Thanks for your question.

We’d like to mention that CEX.IO indeed offers withdrawals via ACH for US residents.

What is more, you can also withdraw directly to your credit/debit card from CEX.IO.

Kindly feel welcome to check the details on our Limits and Commissions page: https://cex.io/limits-commissions

Please do not hesitate to ask if any additional questions appear. We’ll gladly assist.