The exchange can be somewhat difficult to use for a beginner but once gotten the hang of, is a great exchange. Gemini is another US-based exchange that has pretty low transaction fees between. For those concerned with privacy, a bank account purchase may not be your best option. Bank account is usually the cheapest deposit method for buying coins. It is only available to users in Europe, including Switzerland, Croatia, and Norway. In this tutorial, we will be buying Bitcoin with our Bank account as it is the lowest fee option.