Transfer funds from my bank account to the wallet

Bitcoin Questions and AnswersCategory: General questionsTransfer funds from my bank account to the wallet

Claude Sailor asked 8 months ago

Can I transfer funds from my bank account to the wallet

1 Answers
Steven Hay answered 8 months ago

Hi Claude,
 
Not directly, no. You will have to transfer regular money to an exchange or person in order to buy Bitcoin from them. You will then receive those bitcoins directly to your Bitcoin wallet or, in the case of an exchange, manually withdraw them from the exchange wallet to your personal wallet. It’s not recommended to leave your bitcoins in an exchange wallet, as this means the exchange has full control over them.

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