Bitcoin Forum

Other => Beginners & Help => Topic started by: calvinstm on May 22, 2014, 09:50:09 AM



Title: Best way to send BTC to bank account
Post by: calvinstm on May 22, 2014, 09:50:09 AM
Hi guys,

What is the best way to send BTC to bank account in the US (ACH transfer)?

I think CoinBase charge 1% fee and it's too high in my opinion..  I know campbx can send  you a check but no ACH support...

Is there any other way I can use ACH transfer with low fee?

Please help this noob. Thanks in advance.


Title: Re: Best way to send BTC to bank account
Post by: hilariousandco on May 22, 2014, 09:56:22 AM
Hi guys,

What is the best way to send BTC to bank account in the US (ACH transfer)?

I think CoinBase charge 1% fee and it's too high in my opinion..  I know campbx can send  you a check but no ACH support...

Is there any other way I can use ACH transfer with low fee?

Please help this noob. Thanks in advance.

You think 1% is too high? Why don't you just try sell your coins on the Marketplace here straight for a bank transfer? See the Currency Exchange subforum: https://bitcointalk.org/index.php?board=53.0


Title: Re: Best way to send BTC to bank account
Post by: BitCoinDream on May 22, 2014, 10:03:49 AM
Hi guys,

What is the best way to send BTC to bank account in the US (ACH transfer)?

I think CoinBase charge 1% fee and it's too high in my opinion..  I know campbx can send  you a check but no ACH support...

Is there any other way I can use ACH transfer with low fee?

Please help this noob. Thanks in advance.

I think u can opt for localBTC or similar P2P xchanges to avoid this 1% loss.


Title: Re: Best way to send BTC to bank account
Post by: Balls on May 22, 2014, 10:44:27 AM
Have you tried btc-e? I'm not sure of the fees though.


Title: Re: Best way to send BTC to bank account
Post by: kuroman on May 22, 2014, 11:53:27 AM
in eu the best way to the things is SEPA transfer in exchanges like Kraken as for the US i think the best way to use coinbase but not so sure


Title: Re: Best way to send BTC to bank account
Post by: oli123123 on May 22, 2014, 01:42:50 PM
1% is not much for a small amount but if you want to exchange a larger amount, use the currency exchange subforum.


Title: Re: Best way to send BTC to bank account
Post by: eatingtic on May 22, 2014, 03:01:31 PM
Have you tried localbitcoins.com?

They have a paypal options, despite hearing the whole ebay news of getting hacked.


Title: Re: Best way to send BTC to bank account
Post by: Harley997 on June 10, 2014, 12:53:11 AM
Hi guys,

What is the best way to send BTC to bank account in the US (ACH transfer)?

I think CoinBase charge 1% fee and it's too high in my opinion..  I know campbx can send  you a check but no ACH support...

Is there any other way I can use ACH transfer with low fee?

Please help this noob. Thanks in advance.

Coinbase gives you the ability to sell BTC instantly. All exchanges will charge you some kind of fee for selling BTC, although they are generally lower then 1%. The other exchanges will not allow you to transfer fiat to your bank account instantly.

If you wish to receive the service of instant payment you will need to pay for this service, as they must have robust fraud controls to quickly identify and prevent fraudulent transactions.


Title: Re: Best way to send BTC to bank account
Post by: batmanbad on June 10, 2014, 03:23:02 PM
ACH which is a bank wire transfer or just use coinbase. If you are in the US or just make ad on localbitcoins for cash deposit.