Can I transfer bitcoins to my bank account?

[mahboob123]

YES u can transfer bitcoins in bank to sell bitcoin through unocoin in india

[Angletim]

No, it's not possible. No bank in the world can now store bitcoin.
You can put them in your wallet.
You can also exchange bitcoins for legal tender.
The legal tender is then deposited in the bank.

[rappydoo]

it depends on.what country you are in, usually where you buy bitcoin is also what you can use for withdrawals.

[sucix]

Can I transfer bitcoins to my bank account?

As i know you can not transfer it to your bank account.
If you are from a country where bitcoin is legalized, maybe your bank has spearate  account to store your bitcoin in the bank. I think you need to check it directly to your bank.

[nalinpuri]

You cant deposit bitcoin in bank account but you can exchange it in the form of cash.

[Akorharrison]

That can't be posible other you can exchange BTC to NGN and send to your account as cash then you can withdraw.

[Duzenn]

I think this is not very realistic at the moment, it seems that no bank can accept BTC deposits.
Using a hardware wallet may be safer than a bank, you can buy one.

[andylioe78]

Can not. Bank does not accept bitcoin. You must convert your bitcoin currency into fiat currency and then transfer the fiat balance to your bank account. from where you can withdraw your money Bitcoin Exchange will do this for you.After converting bitcoin currency into fiat currency, you may have to pay tax according to your country's regulations.

[hitrawal91]

Can I transfer bitcoins to my bank account?

Transfering bitcoins to your bank account is not possible right now but necessity is the mother of invention and I think if bitcoin becomes legal in many countries then you can expect a crypto bank account under your respected banks soon just like the DEMAT account is available for Stock and Commodity trading and holdings. In order store and access, the bitcoin by yourself you will need a bitcoin wallet which is available in different types and the best one I would like to recommend you to use is the Hardware wallets which gives you the highest amount of security for example like TREZOR WALLET.

[sasinghal]

No you cannot directly send your bitcoins to the bank. You have to first change them into your country currency then only you can save them in your bank.

[ASHLIUSZ]

Transferring bitcoin to bank account is not at all possible, because no banks has started to function completely on bitcoin. People do trading and convert the bitcoin to fiat and the same will be withdrawn from the banking account. This is the only possible way and in future we might get more banks adopting bitcoin as well other digital currencies.

[codpku]

No you are not
You can change it first into currency in your country first after that you can send it into your bank account

[Prodigan786]

No you can’t you can transfer to exchanges then after you can convert bitcoin to fiat currency then you can transfer to bank account that is the only way you can transfer .There is lots of crypto banks project coming like cag and lots so you can try that.

[kodtycoon]

Can I transfer bitcoins to my bank account?

I heartily say you cant forgive because no bank wants cryptocurrency to enter the bank debit, you can start by making a purchase on the local exchange and this will be a good start for you.

[PhucS]

Can I transfer bitcoins to my bank account?

That is impossible, you can't transfer Bitcoin directly to your bank account. Currently, banks only accept currencies that have been approved by governments, they have not legalized Bitcoin for use in banks. You should transfer Bitcoin to currencies such as usd or euro and then transfer them to your bank account. For other cryptos, I'm not sure but I have not seen any banks in my country allowed to send and receive cryptos.

[Wulanayu]

It can not be done directly, you have to go through some process first to be able to transfer your bitcoin money, it is because the bank does not accept bitcoin bank only accept fiat. so there must be a third party who want to buy or can say the traders who will buy your bitcoin with fiat and after that you can withdraw it with your bank.
Localbitcoins.com is the recommended address for your bitcoin exchange to fiat.

[Finestream]

Can I transfer bitcoins to my bank account?

You can't do that directly simply because your bank account don't have bitcoin address so better to convert it into fiat money first.

Yes.Convert your bitcoins into fiat currency first then that's the time you can deposit it to your own bank account.Maybe in the coming years depositing bitcoins into our bank accounts will be possible already once bitcoin will be legalized and adopted by the government,then for sure banks will also follow in accepting bitcoins.

[f150]

Can I transfer bitcoins to my bank account?

If directly you can not transfer the bitcoin you have to your account, if you have not converted it into money. But if you turn it into money, you can certainly transfer money to your account. of the bitcoin that has turned into money

[Palmerson]

Can I transfer bitcoins to my bank account?

You can't do that directly simply because your bank account don't have bitcoin address so better to convert it into fiat money first.

Yes.Convert your bitcoins into fiat currency first then that's the time you can deposit it to your own bank account.Maybe in the coming years depositing bitcoins into our bank accounts will be possible already once bitcoin will be legalized and adopted by the government,then for sure banks will also follow in accepting bitcoins.

It seems to me that the bitcoin community needs to go the other way. Why wait that bitcoin can fill up a Bank account? I think that we should strive to not use Fiat. We need to build a system using bitcoins to trade without exchanging for Fiat. I do not believe that the government will agree ever using bitcoin.

[dewi91]

as far as I know Bank only accepting fiat transfer, especially in my country, I never heard if bank accept bitcoin. you should convert your bitcoin to fiat before you transfer to your bank account. or may be you can do it if your country support bitcoin.