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We offer a wide range of cryptocurrencies to buy
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How to buy Bitcoin with Bank Transfer
Why investors buy Bitcoin 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
Is BTC 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
Who can buy Bitcoin 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.
What is BTC ?
BTC is the abbreviation and the symbol of Bitcoin, and ₿ is the currency sign that represents Bitcoin. BTC is usually used as an alternative to Bitcoin by different exchanges, websites, and even handbooks. It is universally understood and applied around the world.
How to buy BTC 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.
Where can I buy BTC 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.
Is BTC Reliable?
The purpose of Bitcoin is to transfer or store money safely. For this reason, it can be considered as a safe digital banking and payment system. Bitcoin has actually taken the real control of money into the hands of the people themselves, and with a special password called a private key, only the owners of these keys will be able to spend and transfer Bitcoins. Thanks to the digital signature and the concept of input and output in transactions, we can safely say that no one can conduct an invalid transaction or transfer more than their balance.
Quantum computers are cited as one of the biggest threats to digital currencies and blockchain, but how much the threat of such technologies could be for Bitcoin is the real question here. You should keep in mind that many sensitive and top-secret information use encryption for their security. For this reason, Bitcoin is probably the last option that quantum computers will go after. Bitcoin's encryption is currently possessing the security level that the present-day capability of quantum computers is still so far from breaking it. Therefore, in terms of security, it is usually said that the risk of being hacked or infiltrated is extremely low for Bitcoin, so it can be concluded that it is relatively safe.
Learn more on Bitcoin official website.
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FAQ
Frequently asked questions
If we consider Bitcoin to have intrinsic value due to some of its features such as limitedness and unforgeability and use it as a tool that preserves value over time, perhaps it is an asset worth buying. Bitcoin can be presented as a type of investment that preserves the value of your savings in the long term. However, we recommend that before purchasing Bitcoin, study the ins and outs of the Bitcoin market and consult with professionals.
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 creator of Bitcoin is an unknown person or group named Satoshi Nakamoto. This anonymous identity published an article introducing Bitcoin in 2008 and released the first version of Bitcoin software at the beginning of 2009. Satoshi’s identity remains a mystery.
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.
Bitcoin is obtained by miners in the network during a process called mining. Miners receive bitcoins in exchange for electricity used to keep the network secure and verify transactions.
SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.