# Brokerage Account

### Using the Brokerage Account 

{% hint style="info" %}
Using the brokerage account is required for purchases over $15,000
{% endhint %}

1. Log in and select your `Profile icon`.
2. Go to `Account settings`.
3. Toggle On `Brokerage mode`.

<figure><img src="/files/qUrBC72G1us7YafA6SU2" alt=""><figcaption></figcaption></figure>

4. Go to the `Checking account` page.
   1. It shows your Brokerage Account balance.

<figure><img src="/files/ivuroOOUsepyc2U1mV17" alt="" width="344"><figcaption></figcaption></figure>

5. Click `Add funds`.
   1. Follow the wire instructions to send a `Wire transfer` into Bold.&#x20;
   2. Include the `Memo` in the memo field.
      1. If the `Memo` is not included, the wire will bounce or be delayed.
      2. Only send the wire from your `Linked bank account`. The brokerage account can only have one linked outside account at a time (for now).
6. Wait for the wire to arrive (1-4 days).&#x20;

{% hint style="danger" %}
Only send a wire. An ACH will delay settlement of the transfer.&#x20;
{% endhint %}

7. Make your bitcoin buy.&#x20;
   1. For full buy instructions go to the [Buy](/bold-wallet/editor.md) page.
8. After your purchase, you can turn off `Brokerage mode` in the same way you turned it on.

{% hint style="info" %}
In the coming months there will be a dedicated account screen for your brokerage account that will appear when brokerage mode is on, so you can see checking account and brokerage account side by side. It will be fully connected to your other accounts, and you’ll be able to withdraw dollars from it, do transfers, etc. For now, sells and USD withdrawals from the Brokerage Account are not supported.
{% endhint %}


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