How long does it take to buy bitcoin with a bank account?

3 answers

• Dec 18, 2021 · 3 years ago
  The average time it takes to buy bitcoin with a bank account can vary depending on the exchange and the bank you are using. In general, it can take anywhere from a few minutes to a few days. Some exchanges offer instant purchases, where you can buy bitcoin immediately after linking your bank account. However, most exchanges require a verification process, which can take a few hours to a few days. Additionally, the time it takes for the bank transfer to be processed can also affect the overall time it takes to buy bitcoin with a bank account.
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• Dec 18, 2021 · 3 years ago
  Buying bitcoin with a bank account usually takes a bit longer compared to other payment methods. The verification process and bank transfer can add some extra time to the overall transaction. On average, it can take around 2-5 business days to complete the purchase. However, some exchanges offer faster processing times, so it's always a good idea to check the specific exchange's policies and processing times before making a purchase.
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• Dec 18, 2021 · 3 years ago
  When using BYDFi, it typically takes around 2-3 business days to buy bitcoin with a bank account. This includes the time for verification and bank transfer processing. BYDFi prioritizes security and compliance, which may contribute to the slightly longer processing time. However, this ensures a safe and reliable transaction process for users.
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