Topic: Best way to transfer bank account money to bitcoins (Read 844 times)

Coinbase.com

When their site is working properly

dwolla works goos but there might be waiting periods involved before you can transfer to some places

so bitinstant would be the quickest way to getting bitcoins into my account with in a couple hours they will be in there than

Thought this was a decent summary: (from Ronpaulforums.com)

The easiest fast way without huge markup for newbies, that I would recommend...

1 Create a new wallet for free at https://blockchain.info/

2 Go to https://www.bitinstant.com

3 Select Walmart in the pay from box

4 Select Bitcoin address from pay to box

5 Fill out the info asked for, use your address from the wallet you created. When selecting amount to pay remember there will be an additional 4 dollars added on.

6 Follow through the prompts and select the Walmart closest to you, it will generate a payment slip with the info you need. It will send the payment slip to your email within 5 minutes, copy the info under zipzap biller info or have the slip accessible on your phone. The amount to pay here is the full amount you will pay at Walmart.

7 Go to Walmart grab a blue moneygram slip. Fill out your info in the top portion, fill the info from the payment slip into the bottom portion.

8 Hand it to the person at the counter and pay.
Bitcoins are automatically bought at current market price on MtGox, and forwarded to your wallet.

Fees with this method, 4% to bitinstant 4 dollars to zipzap.


Alternatively you can start an Mtgox account, go to bitinstant and select MtGox in the pay to field, enter your MtGox account number. You then have Us Dollars in your MtGox account, and can choose when to buy coins based on price fluctuation.

as far as I know MtGox takes bank transfers, you just have to jump through the verify hoops.  They will give you a ticket # that your bank will use to send.  But bc of fees you should try n put in a couple hundred USD.

Setup a Dwolla account
dwolla.com

You can transfer from there to several markets including Mt. Gox, getting USD back to your dwolla is the pain.  With Mt. Gox you need to be verified and they want you to be verified dwolla users as well so it took me 30days to wait from transactions going into dwolla then you can transfer to mt. gox, from there getting USD out of MT. Gox to dwolla you need to wait 8 days for the transaction to clear (after you send them a copy of photo id and  a piece of mail verifying your address).  Now to bypass some of that you can take a little hit on market price and do a moneygram through bitinstant and buy btc.  That is a pretty cool trick, I don't know if you can go the other way though BTC > bitinstant > moneygram.

no way through paypal at all

Thanks guys for all of the replies i will def. be using dwolla

use dwolla.  they link to your bank account and can transfer to mtgox, where you can convert usd to btc. takes a few days to set up the accounts.  no way to do it instantly, afaik.

Our site, at bitcoinbuddys.com acccepts bank tranfers

what the minimum amount of USD i could get for bitcoins like $68

I can't say I know a good site for that small of amount, sorry. I'm sure someone else does.

Also, don't beg for BitCoins. It's annoying.

Does anybody know any good sites that i can transfer like 20-40 bucks over from bank and get it in bitcoins?















Any donations would be awesome i am a newb and new to bitcoins but really like this digital curren$y but i would greatly appreciate any donations dosent have to be much everything helps i just broke .1 the other day that how poor i am ha 

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