{

“title”: “Best Way to Buy Ethereum with Bank Transfer in New York: 2024 Guide”,
“content”: “

Buying Ethereum in New York: Bank Transfer Solutions

Purchasing Ethereum with bank transfers offers New Yorkers a secure, low-fee method to enter the crypto market. As a regulated financial hub, New York requires platforms to hold a BitLicense for legal operations, ensuring consumer protection. Bank transfers (ACH or wire) provide higher limits and lower fees than credit cards, making them ideal for substantial ETH investments. This guide covers licensed exchanges, step-by-step processes, and key considerations for seamless transactions.

Top Licensed Exchanges for Bank Transfers in NY

Only BitLicense-approved platforms legally serve New York residents. These top exchanges support bank transfers for Ethereum purchases:

• Coinbase: User-friendly interface with instant ACH transfers after initial setup. Charges 1.49% trading fee + $0.99-$2.99 flat fee.
• Gemini: NYDFS-regulated with 10 free crypto withdrawals monthly. Supports ACH and wire transfers (0.5% taker fee).
• Kraken: Low 0.16% maker fees with wire transfer support. Advanced charting tools for experienced traders.
• Bitstamp: 0.40% spot trading fee with SEPA/domestic wire options. Compliant with NY regulatory standards.

Step-by-Step Purchase Guide

Follow these steps to buy ETH via bank transfer:

1. Account Setup: Register on a licensed exchange and complete KYC verification (ID + proof of address).
2. Bank Linking: Navigate to payment methods and add your bank account using
   

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