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How to buy EOSIO with Bank Transfer
Why investors buy EOSIO 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 EOS a good investment?
Known as an "Ethereum killer"; EOS is one of the top 50 largest cryptocurrencies by market cap. EOS coin was released to the market in 2017 with the price of $1.52 per coin. It experienced the lowest price of $0.48 in October of the same year. Supporting smart contracts and the flexibility of this coin made it one of the top cryptocurrencies in 2018 when its price mounted to $22.89. It shows how profitable this investment was for its first year. However, it didn't last long, and the EOS price dropped to $2.15 at the end of the same year. The fluctuations in the price of crypto are normal; you can't always forecast the future based on its past. Other factors can help you analyze if it's the right time to buy EOS.
Crypto experts and analysts predict the future of a coin based on some analysis. Although this price prediction is not guaranteed, it can help you decide if EOS might have a bright future as an investment. Cryptocurrency experts believe that the EOS price may be between $19.07 to $22.91 in 2030. They also claim that EOS might be a profitable long-term investment. But in the short-term, it might be risky. However, no one can tell you if your investment is %100 profitable. It’s better to read more about the history of EOS, how you can use it and what top investors tell you about this coin. Furthermore, if you are a beginner, it’s better to have an exit point for your investment; so if the price of EOS dropped to that number, you sell it to prevent losing your money.
Who can buy EOSIO 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 EOSIO ?
Although many know this blockchain by the name of EOS, the real name of the blockchain is EOSIO, which was designed by Block.one company. EOSIO is a decentralized blockchain network released in 2017. Its system is very similar to Ethereum, but faster, more flexible, and free of charge. These features made EIOSIO more popular than Ethereum, especially the speed of this network, which allows thousands of transactions per second (tps); compared to the 15 tps of the Ethereum system, EOSIO is really a winner. There are other benefits that the EOISIO system has that make it one of the top decentralized blockchains, including being user-friendly and supporting smart contracts and voting, which are predicted to become so useful in the near future.
What is EOS
EOS is the name of the official tokens of the EOSIO blockchain. Like any other cryptocurrencies, EOS coins are supported by different companies, which makes them usable online to purchase different products. These coins are mainly used to create decentralized apps (dApps) and smart contracts. EOS owners can also use their coins to participate in actions such as voting. Furthermore, EOS tokens have been pre-mined, which means there is an exact number of these tokens out there. Out of 1 billion pre-mined tokens, over 950 million EOS tokens are in circulation. These numbers can show the popularity of this coin on the market. It also can indicate how people are using EOS for different reasons.
How to buy EOS 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 EOS 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 EOS Reliable?
One of the most important things about buying cryptocurrency is its security. Crypto networks use different types of mechanisms to protect their systems from attacks. EOS uses Delegated Proof of Stake (DPoS) mechanism to verify transactions and enhance its security. The DPoS mechanism also improves the speed and scalability of this network. It makes transactions on the EOSIO network safe and secure. However, if you want your coins to be protected from hacks, you should have a wallet with a high-security level. Especially, if you want to keep your coins for a long time, it’s recommended to use a hardware EOS wallet because it’s more secure than software wallets.
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FAQ
Frequently asked questions
That depends on the reason you are buying EOS. If you want to keep it as an investment, check top analysts' and crypto experts’ predictions of EOS. If you want to use it as a digital asset, check what projects and brands accept this coin.
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.
Supporting smart contracts and enabling voting are two features that will be useful in the future. Therefore, even if you don’t think about an investment, EOS coins can be utilizable in the future.
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.
One of the points that EOS has among most of the decentralized blockchain networks is that all the transactions on this platform are free of charge.
SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.
