One of the most frequently asked questions is - how do I buy crypto using the money from my bank account?
It’s easy! Let’s send funds from Bank of America as an example.
Select the “Transfer” menu, then click “Using Someone’s Account Number At another bank”.
Add a recipient
If this is the first time you are sending the funds to us, you need to add Legend Trading Inc. as a recipient. This is a one-time effort. You won’t need to do this again in future.
Enter the correct information as below.
You can find the same information as above from our OTC deposit page anytime.
Let’s go back to the bank page, it should look like this after you entered the account information -
Enter email@example.com in the Email text field, although it’s optional.
Now that you have added the recipient successfully, you can send money.
ACH vs Wire Transfer
You have different options when you send money to us. We highly recommend the Wire Transfer option, as it’s the fastest. In most cases the funds can arrive on the same day.
To recognize the sender of each deposit 100% correctly, we ask that each user enters this reference code.
You can find it from the OTC deposit page. It’s fine if you forgot to enter it, just Email firstname.lastname@example.org and we’ll find the transfer for you!
Minimum Transfer Amount
Feel free to send any amount you want. However, there’s a minimum trade limit of $500 at our OTC service, so if your deposit amount was less than $500, you won’t be able to trade, although you can see it from your OTC balance. We’d suggest that you deposit more than $500 if possible.
Once your funds arrive at our bank account, we’ll update your OTC account accordingly.
Congratulations! You are all set to buy crypto!
If you need any further assistance, please don’t hesitate to Email us: