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How to buy Cosmos with Bank Transfer

Why investors buy Cosmos with Bank Transfer

SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:

  • Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
  • High security because every transfer has to be cleared by several banks on its way to the exchange.
  • No deposit fees, high buying limits
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Is ATOM a good investment?

SEPA or Single Euro Payments Area is a bank transfer payment system created by the European Union. It is a system that allows cross-border payments in Euros within the Euro-zone. European Union and neighboring country residents frequently use SEPA to send and receive payments using the funds in their bank accounts. A trustworthy framework for quick and affordable money transfers is provided by this network. A business must adhere to stringent guidelines and meet the highest security standards in order to offer SEPA wire transfers. Using SEPA bank transfers, you can buy cryptocurrency at our exchange and deposit and withdraw EUR easily. Offering payment options via bank transfer or SEPA would have the following main benefits:

  • Instant payments are one option provided by the SEPA payment system. Weekends and holidays are not excluded from the SEPA Instant transfer schedule.
  • High security because every transfer has to be cleared by several banks on its way to the exchange.
  • No deposit fees, high buying limits
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Who can buy Cosmos with Bank Transfer

Citizens living in a Eurozone location are able to open a bank account and use SEPA. If you are based in a non-Eurozone country, you can easily check which banks offer SEPA if you want to make this type of transfer. You can purchase any kind of cryptocurrency directly into your personal wallet without making any initial deposits by using our exchange to perform a straightforward SEPA transfer with your bank account.

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What is ATOM ?

The functions and unique position of Cosmos in the blockchain field have made this cryptocurrency popular; In such a way that it was able to establish its position among the top digital currencies in just a few years. In 2017, in just the first 29 minutes of the Cosmos ICO, $17 million worth of tokens were sold.

The cost of ATOM ranged within a $2 to $8 scope in 2019 and 2020. In May 2021, ATOM's price reached a high of $29.44 during a bull run in the cryptocurrency market. The price of ATOM reached an all-time high of $44.54 four months later that year. Following that, ATOM's price briefly fell before rising once more to $43.22 in October 2021. As the general crypto market fluctuations hit in 2022, Cosmos’s main currency ATOM was mostly ranged $9 to $10. It then later surged to $11, $12 and even $13 by the start of 2023. The ATOM median price forecast for 2030 is expected to reach $103, with a long-term increase anticipated based on the Cosmos price prediction. Remember though, this is not a signal ir financial advice to purchase this cryptocurrency. We advise doing some research and seeking professional guidance before investing in the cryptocurrency market.

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How to buy ATOM with Bank Transfer instantly?

SEPA is a way to make European cross-border payments simpler, cheaper, and faster. It is one of the most cost-effective and convenient ways to transfer money within the EEA. As the ease of use and clear navigation that come with using SEPA/bank transfer as the initial payment method may appeal to users, buying cryptocurrency with SEPA is likely the best option to purchase crypto assets in Europe instantly.

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Where can I buy ATOM online with a Bank Transfer?

If you prefer simple and secure crypto trading, SEPA/bank transfer would be your ideal method. Our exchange offers SEPA/bank transfer as a payment solution to give its users more options to buy cryptocurrencies easily. You must first log into your account on Blocktrade.com in order to use SEPA/bank transfer payment on our exchange. Then, after entering the number of cryptocurrencies you need to buy and choosing to charge up your account balance using SEPA/bank transfer, finish your cryptocurrency purchase.

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Is ATOM Reliable?

High reliability can be seen as one of the most important components for this network. In fact, Cosmos has a very high level of security and encrypts all input and output data. Cosmos uses the proof-of-stake method, which is a more environmentally friendly way to secure a blockchain, in order to ensure the safety of its network. This method guarantees that no one spends money that isn't theirs. In addition, Cosmos SDK capabilities also bridge security boundaries between modules, helping developers make better decisions about module compatibility and limiting the scope for malicious or unexpected interactions.

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FAQ

Frequently asked questions

The value of Cosmos is impacted by numerous factors. One of which is that it was generated with a fixed supply, similar to many cryptocurrencies. In this regard, it won’t experience inflation and its price hikes could result from its scarcity. Also, all payment processes, transaction fees, rewards, etc. are paid through this digital currency. This has caused a great demand for ATOM digital currency. This demand, in turn, has caused its price to experience a good growth. In such a way that this currency has experienced a growth of 528% in the last two years.

Some of the greatest advantages of this payment method include: Simplified payments handling, Reduced processing costs, Reduced bank charges, Quick payments, and Easier cross-border transfers.

The Interchain Foundation (ICF), a Swiss non-profit organization that funds Open Source blockchain projects, is the organization that helped develop and launch Cosmos. Developers Jae Kwon and Ethan Buchman founded the Cosmos network in 2014 by creating Tendermint, the consensus algorithm that powered Cosmos. The two later wrote the Cosmos white paper and released its software in 2019. The Interchain Foundation launched the ATOM ICO in 2017, raising over $17 million.

There are no fees associated with this method initially. But note that SEPA trades crypto by Euro fiat currency, so if you insist on trading with other currencies using this method might require extra fees. Also, there are zero exchange fees for your crypto-trading through our exchange.

The projects launched in the Cosmos network must have the following features: Cosmos currency tokens should be exchanged among these projects without disorder, They must be organized as modular solutions for the usage of suitable blockchains, Should be able to easily transfer their abilities from one to another without affecting their mutual sovereignty.

SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.

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