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How do I buy bitcoin through a Domestic Wire Transfer? (U.S. only)
For transaction purchases amounting to $10,000 USD or more, U.S. residents can process payments through a domestic wire transfer. If you would like to make a purchase for less than $10,000 USD, please visit this article:


You can buy bitcoin via Wire transfer using the Xapo app (Android or iPhone) or a web browser.


Select an option to continue:


How to buy bitcoin via Domestic Wire Transfer using the Xapo app (Android).

Open the Xapo app and log in to your account.

  • Select the Wallet tab.
  • Tap BUY BITCOINS at the top of your screen.
Choose a method to buy bitcoin.
  • Select Bank Transfer.
Select a method of Bank Transfer to buy bitcoin.
  • Select Domestic Wire Transfer to continue.
Enter the amount you would like to buy.
  • You can change the currency you would like to pay with by toggling the currency drop-down menu.
  • Tap to confirm the transaction.

The exchange rate will be displayed below the purchase amount. You must select an amount within the minimum and maximum transaction limit. There will be a minimum amount required of $10,000 (+ fees) for payments via Domestic Wire Transfer to Silvergate Bank.

Review and Confirm the transaction.

When reviewing your order, the system will automatically display a breakdown of the Total Cost showing:

  • Amount to Add
  • Processing Fee
  • Total to deposit

Confirm your request by tapping Confirm.


How to buy bitcoin via Domestic Wire Transfer using the Xapo app (iPhone).

Open the Xapo app and log in to your account.

  • Select the Wallet tab.
  • Tap BUY BITCOINS at the top of your screen.
Choose a method to buy bitcoin.
  • Select Bank Transfer.
Select a method of Bank Transfer to buy bitcoin.
  • Select Domestic Wire Transfer to continue.
Enter the amount you would like to buy.
  • You can change the currency you would like to pay with by toggling the currency drop-down menu..
  • Tap to confirm the transaction.

The exchange rate will be displayed below the purchase amount. You must select an amount within the minimum and maximum transaction limit. There will be a minimum amount required of $10,000 (+ fees) for payments via Domestic Wire Transfer to Silvergate Bank.

Review and Confirm the transaction.

When reviewing your order, the system will automatically display a breakdown of the Total Cost showing:

  • Amount to add
  • Processing Fee
  • Total to deposit

Confirm your request by tapping Confirm.


How to buy bitcoin via Domestic Wire Transfer using a web-browser.
Log in to your Xapo account.
  • Click Buy Bitcoins at the top of your screen.
Choose a method to buy bitcoin.
  • Select Bank Transfer.
  • On the next screen, select Domestic Wire Transfer to continue.
Enter the amount you would like to buy.

You can change the currency you would like to pay with by toggling the currency drop-down menu.

  • Click Confirm to continue.

The exchange rate will be displayed below the purchase amount. You must select an amount within the minimum and maximum transaction limit. There will be a minimum amount required of $10,000 (+ fees) for payments via Domestic Wire Transfer to Silvergate Bank.

Review and confirm the transaction.

When reviewing your order, the system will automatically display a breakdown of the Total Cost showing:

  • Amount to add
  • Processing Fee
  • Total to deposit

Confirm your request by clicking Confirm.

From the moment you initiate an order to buy BTC, you only have 5 minutes (300 seconds) to complete it.

After which, it will be automatically canceled.

So make sure you have all your bank information easily accessible and a good internet connection.


WHAT NEXT:


FOLLOW THE PAYMENT INSTRUCTIONS

Now to pay your funds, send a wire transfer denominated in USD to Silvergate Bank by simply following the payment instructions provided under Payment Instructions.

When you buy BTC, Xapo will maintain the BTC price fixed for a 24 hour period until you initiate payment.

Funding needs to be provided within 24 business hours.

Beyond this deadline, the transaction will be canceled and the BTC price will be released and updated to its current rate.

Important. Do not send any payments from a business account unless it has already been registered and approved by Xapo.

We will delay or reject the processing of your funds if they are sent from an account that is NOT in your name.

Make sure that the bank account is under the same name as your Xapo account. Otherwise, the payment will not go through and additional charges may apply.

a. Make sure to send the exact amount as well as pay any applicable fees on your end. Your account will be credited with the exact amount we receive.

b. You must initiate payment within the next 24 hours otherwise conditions for this order may change without advance notice.

c. There will be a significant delay in processing or even rejection of your funds (in which case you have to cover any applicable costs we would have to incur in order to return them) if they are sent from an account that is not in your name.

d. Please also include the reference code (exactly as shown) in your transfer.

If you correctly follow the payment instructions, your funds will be available as soon as the payment has been received and processed by our team!

Please note that if you send a wire transfer, they generally can take up to 72 business hours. After Xapo has received the payment for your order, the funds will be released accordingly.

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