Wednesday, August 11, 2021

Direct Bank Deposit of Bitcoin with Online BTC Wallet App

 Direct Bank Deposit of Bitcoin to Account


People who are going to invest in Bitcoin, to earn a huge amount of profit might probably have asked the question many times, i.e how can one do a Direct Bank Deposit of Bitcoin with an online BTC wallet App. You might have thought that the conversion of Bitcoin to cash is a very hectic matter as you will have to first convert it into cash, then you will be able to transfer that money to your bank account. CoinMetro provides the facility to do Direct deposit Bitcoin. The method is very simple, just go to the website and make an account for yourself. After complete registration, you can now sell your Bitcoins in exchange for the currency you want. Coinmetro supports different currencies like GBP, AUD, USD, and EUR, etc. Select the bank account in which you want to receive the currency, and the cash will be transferred to your account.  


Bitcoin bank deposit can be done through Coinbase.com. Coinbase is one of the most trusted platforms to directly exchange digital cash to a bank account in exchange for Bitcoins. The method is very simple, just go to the website and register yourself. The “Linked Account” option will provide you the facility to connect you directly with your local bank account. Provide the details of your bank account. Now you can easily buy BTC with Bank account. Other options and exchanges are also available if Coinbase does not work in your region. You can choose CoinNama, eToro, Luno, Bitpanda, Kraken, and Coinfloor, etc.  

CoinNama is a Bitcoin friendly bank that offers overall conversion process quick and effective. However, this exchange is supported only in the USA. The company was launched in 2013, and since then it has gained quite a good reputation in front of its customers. Another exchange, Bitpanda, has multiple payment options. This exchange is also not supported worldwide and charges a hidden fee from its customers. Coinfloor can work for you if you are looking for the largest market for GBP. This platform was established in 2013 and is supported only in the UK. So, if you are a customer from the UK, then this platform can work best for you. You can also use different methods to cash out Bitcoins like the peer-to-peer method. Paxful is one such famous platform that supports direct transactions between buyer and seller. So, make use of these methods to get the most out of your investments.