<p>You cannot transfer dollars from a bank account directly into a bitcoin wallet. </p>

<p>You’ll need to sign up with a bitcoin exchange service, there are many in existence. Once you have an account with one of them, you can transfer dollars to the exchange’s bank account, and then your user account will be credite. Next you will be able to purchase bitcoins at the current market rate through the exchange. </p>

<p>After that, you can withdraw your bitcoins to a bitcoin wallet you control. </p>

<p>There are other ways to purchase bitcoins too, but I think exchange services are perhaps the most commonly used   </p>

CC BY-SA 3.0
2018-01-24T07:22:43.330Z
2018-01-24T07:22:43.330Z
chytrik
<p>How do I transfer or pay money from a bank account into a bitcoin wallet address? Please assist </p>

<money-transfer>
Transfer money from a bank account to a bitcoin wallet
Paul M Mdiniso
# Transfer money from a bank account to a bitcoin wallet

(Asked by: username_0 on 2018-01-24)

How do I transfer or pay money from a bank account into a bitcoin wallet address? Please assist

**Tags:** money-transfer


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## 1 answers

### Answer by username_1 on 2018-01-24. Score: 1

You cannot transfer dollars from a bank account directly into a bitcoin wallet.

You’ll need to sign up with a bitcoin exchange service, there are many in existence. Once you have an account with one of them, you can transfer dollars to the exchange’s bank account, and then your user account will be credite. Next you will be able to purchase bitcoins at the current market rate through the exchange.

After that, you can withdraw your bitcoins to a bitcoin wallet you control.

There are other ways to purchase bitcoins too, but I think exchange services are perhaps the most commonly used


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