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Topic: Looking for some help transferring bitcoin to my bank (Read 252 times)

member
Activity: 476
Merit: 22
I don't think you can find what you are looking for because I haven't seen any platform that offers such means of payment ,the most convenient payment gateway is luno ,its cheaper and faster but you will need to do the withdrawal yourself not automatic
jr. member
Activity: 40
Merit: 2
Thanks. Maybe bitpay will have that option To automatically transfer it to my bank. I wonder if there’s any other services that do this.
Yeah, as I understand from their website, Bitpay automatically sends money to your bank account. I just don't know is is there any proccessing fee for it.
There are some other popular crypto payment gateways like Coinpayments or Coingate, but as I know they only allow to withdraw money to your bank account manually.

There will always be a fee. Bitpay charges too much in my opinion. There are others like spectrocoin , coinbase pro, goUrl , CoinsBank etc. You can check each of them to see what kind of your needs they fulfil.
newbie
Activity: 3
Merit: 0
Is there an API or online program that does the bitcoin to bank automatically?
There are companies like that. They take hefty fee but do exactly this job u described.
You need to see the terms of it and use it on your site.
I won't say any services name like that, already users put here some of them.
Welcome and good luck Smiley

Thank you! I wouldn’t mind the name sit you can share. I just couldn’t find them on here.
legendary
Activity: 2296
Merit: 1014
Is there an API or online program that does the bitcoin to bank automatically?
There are companies like that. They take hefty fee but do exactly this job u described.
You need to see the terms of it and use it on your site.
I won't say any services name like that, already users put here some of them.
Welcome and good luck Smiley
legendary
Activity: 3234
Merit: 1375
Slava Ukraini!
Thanks. Maybe bitpay will have that option To automatically transfer it to my bank. I wonder if there’s any other services that do this.
Yeah, as I understand from their website, Bitpay automatically sends money to your bank account. I just don't know is is there any proccessing fee for it.
There are some other popular crypto payment gateways like Coinpayments or Coingate, but as I know they only allow to withdraw money to your bank account manually.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Thanks. Maybe bitpay will have that option To automatically transfer it to my bank. I wonder if there’s any other services that do this.

That's Bitpay's core business.

Other than them there are very, very few other choices. Coinbase do something similar but they seem to be slowly losing interest in providing it.

There are many more that help you accept crypto only. It's the winding up in your bank bit that most can't manage. Getting and keeping banking is the hard part.
newbie
Activity: 3
Merit: 0
Thanks. Maybe bitpay will have that option To automatically transfer it to my bank. I wonder if there’s any other services that do this.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
You need a third party service to do this on your behalf if you don't want to do it yourself.

As above - https://bitpay.com

Also - https://commerce.coinbase.com

You can also do something with this - https://btcpayserver.org by linking your own exchange account but I'm not totally sure how.

If I were you I wouldn't put a vast amount of effort into this. You're likely to find very few people will want to spend BTC. I doubt merchants release stats as they're too embarrassing.
full member
Activity: 293
Merit: 105
Love is all
Is there an API or online program that does the bitcoin to bank automatically?
As much as I know there is no API or online system who automatically convert bitcoin to fiat and deposit in your bank account. And I don't think so it's needed because its cause lot of problem. In first place if it's automatic then you don't know on which price they are going to convert and deposit fiat in your bank account.
And if you really need cash then don't go with bitcoin. You can directly sold your stuff for fiat.
Also if you have bitcoin and need to cash then use Bitcoin ATM if it's available in your area or you can can use peer to peer exchange That's the best way.


legendary
Activity: 2352
Merit: 6089
bitcoindata.science
I don't know such services very well, but you can use bitpay.com
They do exactly that and are an old service, many people says good things about them.
newbie
Activity: 3
Merit: 0
Hello everybody 👋🏽

This is my scenario;

- I Have electronics for sale on my online website
- Customer buys electronics with their bitcoin
- Bitcoin payment received
- bitcoin automatically converts to usd and deposits into my bank
- I can use the money on my card

Is there an API or online program that does the bitcoin to bank automatically?
I tried searching around but I couldn’t figure out the exact wording so a bunch of random stuff just pops up that’s not related. 

Thanks for your help ima noob lol
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