Buy Celo
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

The main network of Celo (Mainnet) was launched in April 2020. Celo protocol is an open source, decentralized and distributed blockchain network. The purpose of this network is to create an environment for the development and launch of decentralized applications (DApps) compatible with smartphones. Cello's goal is for every user anywhere in the world to be able to access financial services, in order to transfer money to their contacts and buy goods through a smartphone. In the Celo protocol, there is the ability to develop and deploy smart contracts. The codes of these smart contracts are fully compatible with Ethereum virtual machines. The codes used in the design of the Celo blockchain network architecture are also similar to the Ethereum network codes. However, Celo is a completely separate network from Ethereum.

This network uses ‘zero knowledge proof’ technology and digital signature to optimize its capabilities even in weak connection conditions. In this way, very secure and extremely fast synchronization between smartphones and the Celo network is possible. This means that even users who use weak internet, low bandwidth, expensive services and cheap and old mobile phones can use Celo-based applications.

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.

Currently, Celo network uses two native tokens or crypto assets in its network. One of them is CELO. CELO is the symbol for the cryptocurrency Celo. The symbol CELO is frequently utilized on trading platforms to identify the Celo currency. By searching for CELO on our exchange, you may quickly access information about this cryptocurrency.

Since introducing Celo on its main blockchain, Celo has experienced significant growth. Celo's unique selling point is its focus on smartphone users. The token's price fluctuated between $1.42 and $1.92 after its May 2020 launch before soaring to a peak of $4.46 in August 2020.

Beginning in 2021, CELO's price began to increase once more, reaching a peak of $6.15 at the end of April. It once again crashed to a low of $1.9 to demonstrate the cyclical nature of cryptocurrencies, but by September, CELO's price had soared to an all-time high of $7.63. Therefore, the best year for Celo price was 2021 since the average price was $4.20, and the price closed at $4.88 after reaching the max price $9.50. The cryptocurrency market was volatile for the most of 2022 which affected the price of all the crypto tokens on the market generally. Still, by the start of 2023 the market seems to be heading toward a good start and CELO price is also rising alongside. Some crypto market professionals have predicted that in 2030, CELO cryptocurrency’s price would range around $2,354 to $2,766. Keep in mind that this is not a financial advice,  it’s important that you conduct your own research and assess the market before investing in the crypto tokens.

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.

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.

The phone numbers are stored in a decentralized and secure method in the Celo network, and users can exchange tokens with their contacts using their wallets and be sure that the tokens will reach their target audience safely. To maintain security, Celo uses proof-of-stake, and it has a difficult election process to choose the blockchain validators. Additionally, CELO holders have the option to vote for different validator groups with their holdings in order to participate in elections which will further ensure its security.