How To Buy Bitcoin (BTC) with Cash Deposit?

CEX.IO represents a complete ecosystem of various services. On our platform you can trade, buy, sell virtual currencies, get crypto loans, gain extra money with crypto staking and savings accounts, and practice margin trading.

If you want to learn how to get Bitcoins with cash instantly and with minimum effort, read our guide.

Where can I buy Bitcoins (BTC) with cash deposit?

To buy BTC with cash, you can use your credit or debit card. But first, you need to register at CEX.IO.

Register at CEX.IO

  • At the registration page, type in your email and make up a password;
  • You will then be asked to enter your First/Last name, choose the country where you live, and accept the Terms of Use. We will send you an email for confirmation;
  • After that, you need to confirm your email address. This is a necessary step to keep you in touch regarding your account activity and transactions.

Now when the registration is successfully done, get verified and top up your balance to buy crypto with credit & debit card. Verification will take nearly 10 minutes of your time. You’ll need to just provide some data about yourself and upload two photos. If everything is filled correctly, you’ll get approved in a few minutes.

Buy Bitcoin with credit/debit cards

Before buying crypto, check out the crypto prices so as to understand whether it’s a good moment to purchase the asset. To better understand the crypto market trends, study the basics of fundamental and technical analysis.

When you’re ready, you can buy Bitcoin with a debit card, and here is a short guide on how to do that.

Buy Bitcoin via Instant Buy

Open the Buy/Sell page and select your preferred currency (USD, EUR, GBB, RUB) to buy Bitcoin for. The Bitcoin price will freeze for 120 seconds so you can buy it for the exact price you agreed and without slippage.

On the same page, you will see 3 FOK orders with the most popular amounts our clients usually buy. Select one of them or enter your amount in the last box. Click on the Buy button, and you will get the receipt with transaction details. Finally, select your linked card as a payment option and confirm a purchase.

Buy BTC via Trade page

Go to the Trade page, search for the BTC to USD pair and place the market or limit order. If you place a market order, you will be able to buy Bitcoin for the current market price instantly. While with a limit order, you will be able to purchase digital currency at a price you specify, but only when the market rate reaches it.

Exchange any currency for BTC in the CEX.IO mobile app

Here is one more way you can get BTC. Open CEX.IO mobile app and push on Exchange. Then, select the currency you would like to exchange for Bitcoin. It can be any of the listed cryptocurrencies or one of the supported fiat currencies. Just make sure you have it on your CEX.IO balance.

You can choose the amount to exchange from 25 to 100% of your available balance. After, proceed by clicking Exchange now. The summary of the transaction will appear on the screen. If everything is correct, press Exchange. This way, you will swap your money for BTC in a matter of seconds.

How to buy Bitcoin with cash deposit: instruction

There are multiple payment options for buying cryptocurrency. Thus, you can try purchasing Bitcoins with cash in such ways:

  • Bitcoin ATMs;
  • Buy Bitcoin in person;
  • Cash deposit in a bank.

Let's look at each option in detail.

How to buy BTC via ATM?

An automated teller machine is a kiosk for buying crypto by depositing fiats. When you decide to buy BTC via an ATM, get ready to provide your BTC wallet where you’ll receive the digital coins. With the bitcoin ATM scanner, scan the QR code of your wallet address. Enter the amount of BTC you want to put on that address and insert the cash. The transaction should take a few minutes.

How to buy Bitcoin in person?

The Bitcoin community can help you find a cash dealer. There may be some experts who will help you to buy Bitcoin in person. However, looking for a BTC owner on forums and social networks doesn't guarantee a secure and fair crypto purchase. Because there are a lot of scammers trying to steal your funds.

How to buy BTC securely with a bank cash deposit?

CEX.IO offers bank transfers as a payment method. So if you have a crypto-friendly bank account with cash, you can use a secure bank transfer at CEX.IO to buy Bitcoin.

Before buying any crypto, you need to deposit money into your CEX.IO balance. First, go to the nearest banking facility and fund your bank account with cash. Then you can use ACH, SEPA, SWIFT, or Faster Payments to deposit fiat funds to your CEX.IO account.

How to use bank transfer options to deposit funds to CEX.IO?

You can deposit money by clicking the Deposit button either above any page or next to the currency you wish to deposit.

  • Choose international or domestic bank transfer;
  • Select the currency you'd like to deposit on the right side of the window;
  • Input the amount you would like to send to the CEX.IO balance;
  • Select your bank's country and click Proceed.

You will receive an email with a receipt that you can print and use to transfer funds. Make sure you provide every detail correctly as even a small typo can lead to a stuck transaction.

Transfer funds to CEX.IO

Provide your banker with the receipt you received from CEX.IO, or send funds through CEX.IO using the receipt information. If you would like to make a new deposit, you can do so on the Deposit page.

It will take one to three business days for funds to appear in your CEX.IO account.

How to buy Bitcoin online with a cash deposit in the USA?

At the CEX.IO Bitcoin exchange platform, US residents can deposit funds using their Visa and Mastercard debit & credit cards, SWIFT, ACH and Domestic Wire transfers, as well as Skrill and Epay wallets. So you can top-up your card, bank account, e-wallet with hard cash and then use these funds on CEX.IO to buy Bitcoin and other cryptocurrencies.

How to get Bitcoins with cash on your debit/credit card?

You can link your card to the CEX.IO account and use it for instant USD deposits. Using the Buy/Sell page, you can purchase digital assets by paying directly with your linked card or with funds deposited into your balance.

Before making a crypto purchase with your card, clarify with your bank whether they allow such transactions. Also, make sure they support P2P, quasi-cash, and cash advance transactions.

How to buy BTC with SWIFT?

SWIFT system is a global network for secure transferring funds between banks in different countries. To make a SWIFT deposit, just follow the bank transfer deposit instruction provided above.

How to speed up your SWIFT transfer?

First of all, provide the correct requisites when requesting a transfer. Even a typo can lead to a stuck or lost transaction. Also, initiate a transaction on business days, better before Thursday. Because SWIFT transfers can take up to 3 business days to be completed. Remember that banks don’t work on national holidays.

Additionally, clarify if your bank has a direct connection with the recipient side. Otherwise, SWIFT will need to use the intermediary bank which comes with additional charges and requires more time for processing.

How to deposit funds to CEX.IO using an e-wallet (Skrill, Epay)?

In order to buy BTC with an e-wallet, follow these easy steps.

  • Go to the Finance page or click the Deposit button in the upper right corner;

  • Opt for USD as the currency to deposit and enter an amount;
  • Choose Skrill/Epay as the payment option;
  • Indicate the country and click Proceed.

You’ll see the email address you need to send funds to and your reference (order number). Download or print the order, then open your Skrill/Epay account and withdraw funds using these details.

How long does it take to pay with an e-wallet?

Usually, it takes less than 24 hours to process the deposit from your Skrill or Epay wallet to the CEX.IO account. So, it can be a great alternative if you can not use your payment card right now to deposit USD to CEX.IO.

Questions users ask the most often about cryptocurrency


What are the payment options at CEX.IO?


At CEX.IO you can buy Bitcoin with credit card, debit card, via bank transfer (SWIFT, ACH, Domestic wire, Faster Payments, SEPA), and with an e-wallet (Skrill, Advcash, Epay).

You can choose the one that suits your needs best, depending on the amount you want to deposit and the country of your residence. For instance, card transactions are mostly immediate, but crypto transactions are not allowed by some card issuers and governments. With a bank transfer, you can deposit and withdraw bigger amounts than with a card and some options are free of charge on CEX.IO. However, a SWIFT transfer can take up to 3 business days to be completed.

On this page you'll find a list of the maximum and minimum amounts for deposits and withdrawals, countries supported for each option, and commissions.


Can I buy Ethereum with a bank transfer?


To buy Ethereum on CEX.IO, you can top-up your account with the help of a bank transfer. Just follow this guide. After funds reach your CEX.IO account, you can use them for instant crypto purchases.

Go to the Buy/Sell and choose Ethereum (ETH) as your Buy currency. Once you choose the amount, you’ll see the transaction details and possible payment options — your available balance or payment card. Thus, you can pay with funds deposited via bank transfer or pay directly with your debit or credit card. In the same way, you can buy Tron (TRX), Tether (USDT), Cardano (ADA), and many other digital assets.


What is the fastest way to sell Bitcoin (BTC)?


You can sell Bitcoin instantly in the CEX.IO mobile app. To do this:

  • Open the Buy/sell tab and choose Sell;
  • Opt for fiat you want to get after selling Bitcoin;
  • Choose one of the FOK orders catering best to your needs and click Sell Now. On the next screen you’ll see the information about your transaction;
  • If everything is correct, select the card for withdrawal or add the new one. You can also keep the proceeds on your account. Agree with Terms of Use and click Proceed.

Can I get a crypto loan on CEX.IO?


If you have crypto on your CEX.IO account (ETH, XLM, LINK, LTC), then you can use it as collateral.

  • Go to the CEX.IO Loan page and opt for the amount of loan in USD, EUR, or USDC;

  • Select the collateral crypto;
  • Choose the loan term (from 7 days to 1 year). Below you will see the total repayment amount, annual interest rate, and service fee. Review all these details and click Proceed;
  • Double-check the receipt, tick the loan agreement and press Get a loan now;
  • Submit the form and you’ll get the crypto loan immediately.

You can withdraw your loan using any of the payment options (like your card or bank account). Also, you can buy more crypto on CEX.IO with your loan funds.