How To Buy Ethereum (ETH) With Bank Account?

CEX.IO is a crypto platform offering a huge range of services and products. With our user-friendly interface, you can quickly start buying, selling, exchanging, and trading 80+ crypto assets.

At CEX.IO, you can buy Ethereum with bank transfer, credit or debit card, and e-wallets. You can pay in US dollars, euros or British pounds. Below you’ll find a detailed description of how to use bank transfers to buy crypto on CEX.IO.

How to buy Ethereum with a bank account: step by step guide?

If you want to buy crypto at CEX.IO using your bank account, you need to replenish your balance first. There are some types of wire transfers allowing you to deposit money and buy Ethereum on CEX.IO.

Then you can go to the Buy/Sell page to buy ETH instantly or use the Trade page to set market or limit orders.

How to buy ETH with SEPA, SWIFT, Faster payments, and ACH?

CEX.IO works in accordance with the international AML regulations. What’s more, the company obtained licenses to possess fiat payments and to be able to provide services in different jurisdictions. These measures helped us to build robust relationships with different payment providers. Thus, customers with Address verification levels can benefit from cheap and convenient SWIFT, SEPA, Faster payments, and ACH transfers.

In case you want to replenish your CEX.IO balance, open the Deposit page. Then, follow the next steps.

Generating the payment details

What you need to do is just opt for the bank transfer option, type in the amount you want to deposit, choose your country and click on the Proceed button. You’ll get the receipt containing payment details. If you want to make one more bank transfer deposit, generate the new receipt in the same way.

Transfer funds

Finally, ask your bank to transfer funds using these payment details or use your online banking for that. Funds should appear on your CEX.IO account within a business day and you’ll be able to buy Bitcoin, Ethereum, and other crypto with your balance.

How to buy Ethereum (ETH) with a bank account instantly?

When you have already transferred money into your CEX.IO account, you can easily buy Ethereum (ETH) and other crypto using the CEX.IO website or mobile app.

Buy ETH using the website

You can buy Ethereum or other cryptocurrencies at CEX.IO via:

  • Instant Buy

On the Buy/Sell page, choose ETH in the dropdown menu, set the amount, and click Buy Now. This allows you to buy Ethereum in a matter of seconds.

  • Trade page

To buy Ethereum using the trade orders, go to the Trade page and search for the ETH pairs (ETH/USD, ETH/EUR, etc.). For the instant ETH purchase, choose the market type of order. Plase, note that the amount of ETH you can receive at the current market price is always estimated since the price can change anytime.

Buy ETH via CEX.IO mobile app

In our mobile app, you can find all the options for buying, selling, and trading crypto that are available on the website. Additionally, it has some unique options, like Instant Exchange.

This service gives you the possibility to exchange fiat or other digital currencies for ETH. You just need to choose the two currencies in the dropdown list and click Exchange now. Getting into the trading details is not necessary.



Can I buy ETH in fractions?


Yes. The smallest unit of currency in ETH is called Wei after e-money pioneer Wei Dei. 1 ETH contains 1 quintillion Wei. CEX.IO allows you to buy fractions of Ether easily via Instant Buy and spot trading instruments. Buying less than 1 ETH doesn't mean you buy Weis, this token is used to show the small values of the native currency.


What are the payment/deposit fees?


If you want to buy crypto, you need to know the commissions you pay for transactions. Additionally, CEX.IO features maker/taker fees for trading. Fees for maker orders can range from 0.16% to 0%, depending on the volume of trades. Fees for taker orders can range from 0.25 to 0.1%. More details as well as commissions of all the payment methods you can find on our Fee schedule page.