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Author Topic: Is there any ACH (US Bank transfer) service which support Bitcoin?  (Read 125 times)
cap10 (OP)
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April 25, 2019, 10:17:09 PM
 #1

I know a service(Uphold)like this and they have high security, so I verified my account by passport but I can't add my ACH bank(Payoneer) transfer now, it says invalid. when I contract with  Uphold and they told me to give them Bank statement or a photo of voided check and I provide that to them but they say, my name or details not clear and invalid, if you know any solution or any service which support ACH payment, just let me know please, Thanks in advance.
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April 25, 2019, 10:38:03 PM
 #2

Wrong section. I cannot vouch as I have never used the service, but I believe that Gemini accepts ACH: https://gemini.com
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April 27, 2019, 11:24:55 AM
 #3

I guess that the best option for you, as a US citizen, is coinbase. Although, I'm not a frequent coinbase user (am not a US citizen but i used coinbase for store in the past) but I think they are still one of the most reputable availabe services in the crypto market.
In my opinion, it is the number one choice for ACH transfers with a friendly-use interface. Note that the fees are relatively high for all the services it provides. You can overcome the deposit/withdrawal fees for ACH transfer by using the pro version of coinbase called GDAX; the user interface is a little bit hard to understand for a beginners, as it's targeted to the more experienced users of coinbase.

Wrong section. I cannot vouch as I have never used the service, but I believe that Gemini accepts ACH: https://gemini.com
The problem with Gemini is that it's not available, AFAIK, in all the US states, so this option is only viable if you are in a state that they operate in.

Wrong section.
OP, please move the topic to Trading Discussion board.

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cap10 (OP)
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April 27, 2019, 08:29:30 PM
 #4

I guess that the best option for you, as a US citizen, is coinbase. Although, I'm not a frequent coinbase user (am not a US citizen but i used coinbase for store in the past) but I think they are still one of the most reputable availabe services in the crypto market.
In my opinion, it is the number one choice for ACH transfers with a friendly-use interface. Note that the fees are relatively high for all the services it provides. You can overcome the deposit/withdrawal fees for ACH transfer by using the pro version of coinbase called GDAX; the user interface is a little bit hard to understand for a beginners, as it's targeted to the more experienced users of coinbase.
Thank you for your valuable information.

cap10 (OP)
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April 27, 2019, 08:30:34 PM
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Wrong section. I cannot vouch as I have never used the service, but I believe that Gemini accepts ACH: https://gemini.com
Thanks for advice and sorry for wrong section,I hope I'll not do it in future!
LeGaulois
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April 27, 2019, 08:38:46 PM
 #6

Because Payoneer bank numbers aren't nominatives and UpHold accepts deposits only coming from a bank account owned in your name. You can't make deposits with the account of someone else (and so Payoneer).
I think you will get the same problem if you try to deposit money in an exchange because a lot of them don't accept deposits coming from an account you don't own.

Also, just to warn you, Payoneer forbids transactions related to digital currencies. I would rather transfer the funds out to my bank or to deal with someone here or localbitcoin.

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