Faster deposit from banks to wallet

Bitcoin Questions and AnswersCategory: General questionsFaster deposit from banks to wallet
Avadhoot asked 2 weeks ago

Last updated on December 5th, 2017 at 06:06 am

Hi,
I am a newbee in crypto world and have started with coinbase wallet. I was wondering which wallet would be best for depositing funds from my banks to the digital wallet so that I can do faster trading. As of Dec 2017, coinbase takes a week of time to reflect the funds from my savings bank to digital wallet. So for a week I cant do any trading and as you see time is of essence these days.
Which wallet would you recommend for faster deposit. Recently came across a wallet called ABRA. They claim that in 2 days the funds will get in from my bank. Any reviews of that wallet or any other wallet?
Thanks in advance for help.

2 Answers
Steven Hay answered 2 weeks ago

Hi Avadhoot,
 
Well, Bitcoin wallets can’t send fiat funds. You can only send fiat to Coinbase via methods like bank transfer, credit card, bank wire and so on. The options vary depending on your location. I think credit cards are the fastest method but have the highest fees.
 
There are faster ways to buy Bitcoin, like buying it for cash via someone you met on LocalBitcoins.com or from a Bitcoin ATM.

venurocky replied 2 weeks ago

where do i find bitcoin ATM in USA?
And buying bitcoin for cash via someone in localbitcoins.com is safe or secure?
If its safe how do they process and what are other best websites for buying bitcoin for cash online?

Thanks in advance!

venurocky answered 2 weeks ago

@steven Hay Where do i find bitcoin ATM in USA?
You said buy bitcoin from localBitcoins.com is it safe and secure?
If it is secure what are other popular and safe websites that we can buy with cash?

Thanks in advance!

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