How to Buy Bitcoin Using Bank Transfer?
Purchasing Bitcoin (BTC) using bank transfer on HashKey Exchange is a straightforward process that ensures a smooth transaction while maintaining the safety of your funds. Here’s a detailed step-by-step guide to help you navigate the procedure successfully.
Step 1: Register on HashKey Exchange
First, visit the Hashkey Exchange Website. To start the process to buy Bitcoin, you'll need an account.
- Click the “Register” button in the upper right corner.
- Fill in your personal details, such as your email and password.
STEP 2. Complete Know Your Customer (KYC) Verification
For regulatory and security reasons, HashKey Exchange requires users to complete a KYC process before they can start trading. Follow this article to complete your KYC Now.
Step 3: Deposit Fiat via Bank Transfer
Now that your account is set up and fully verified, it’s time to deposit money. You will use a bank transfer to fund your HashKey account. Here’s how:
- Navigate to the “Deposit” or "Order" section of the platform.
- Select the fiat currency you want to deposit (for example, HKD or USD ).
- Choose bank transfer as your payment method and create a deposit order. This will provide you with the necessary details for the bank transfer.
- Initiate the bank transfer from your bank. Make sure to follow the instructions carefully, especially when entering your reference code, to avoid delays in your transaction.
Step 4: Wait for Confirmation
After completing the bank transfer, it may take a few hours to a couple of days for the funds to reflect in your account. Once the funds are credited to your account, you are now ready to buy Bitcoin:
Step 5: Buy Bitcoin
With your fiat funds (HKD) now in your account, you can proceed to buy Bitcoin. Follow these steps:
- Head to the "Trade" or "Spot" section of the platform and
- Select a Bitcoin trading pair (BTC/HKD or BTC/USD).
- Decide whether to place a Market Order (buy at the current market price)
- Enter the amount of HKD you want to spend to buy Bitcoin.
OR a Limit Order (set a specific price).
- Review the details, including any applicable fees, before confirming the transaction.
- Confirm the buy order (by clicking the BUY GREEN BUTTON)
Step 6: Complete Your Purchase
Confirm your order and check all the details. Once confirmed, your Bitcoin will be available in your wallet.
Final Thoughts
Following these steps, you can quickly and securely buy Bitcoin using bank transfer. The platform supports smooth transactions, ensuring a seamless process of depositing funds. Now, successfully buy Bitcoin without hassle!