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How to buy Sandbox with Bank Transfer
Why investors buy Sandbox 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 SAND a good investment?
The SAND token was released in August 2020 with an initial price of $0.065. In 2021, it slowly started to grow and set a record for its highest price in the same year and mounted to $7.49 per token in August 2021. After that, it faced many ups and downs until it fell to $0.73 in June 2022 and ended the year with a value of $0.44.
The history of the SAND token shows it could be a good investment if you buy it at the right time. But how to find out if it is the right time to invest in this token? There is no exact rule that can tell you investing in SAND crypto will be profitable to you because the cryptocurrency world is volatile, and nothing is predictable. But analysts and crypto experts can give you hints about the possible future of this coin. Most of them believe that the SAND price might go up to $2.52 by 2025 and would reach $4 by 2030. However, you should still know that these are just predictions. Just check SAND’s price of the day and read more reviews about its future, then decide on buying SAND tokens as an investment.
Who can buy Sandbox 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 Sandbox ?
The Sandbox is a gaming company launched in 2011. It upgraded several times and turned into a decentralized platform based on blockchain. The main goal of this platform is to mix blockchain and the gaming world so people can earn tokens in the metaverse gaming ecosystem. Users can create, own, or sell their gaming experiences or assets using SAND tokens. Furthermore, different gaming models are available on the Sandbox; by using the play-to-earn model, they can earn SAND tokens on this platform. The other option that the Sandbox platform has is free games. Therefore, people can only play games on this platform or unlock the advanced games using their SAND tokens.
What is SAND
SAND is the native token on the Sandbox gaming platform, which was released in August 2020. It is a governance token, which means its holders can use the SAND to vote on its platform, so they can upgrade regulations or change projects. Additionally, SAND is an Ethereum-based ERC-20 token. Therefore, it can be kept in all Ethereum-based wallets. The major use of this token is on its platform to play games or buy gaming assets, and it doesn't have any usage outside this world. The maximum supply of SAND is 3 billion tokens, and almost 1.5 billion tokens were in circulation by the end of 2022.
How to buy SAND 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 SAND 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 SAND Reliable?
Since the Sandbox platform is launched on Ethereum, it uses the Proof-of-Stake (PoS) mechanism, which guarantees the security of staking tokens on this platform. In this mechanism, transactions are verified by the major holders of digital currency. In addition, it doesn’t have the problem of electricity consumption, which was a vital issue on the Bitcoin blockchain.
As mentioned, the SAND coin is an ERC-20 token with countless benefits for investors. The first advantage is the simplicity of trading the coins carrying this standard, and the other is the security of this transaction. However, it is still required for SAND holders to choose a secure wallet and protect it with a strong password
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FAQ
Frequently asked questions
SAND tokens are available on most exchanges. You may have to pay extra money as the processing fee on most of them. That’s why we recommend you purchase the SAND coins on the BlockTrade exchange, which doesn’t have any processing fee, and is one of the cheapest and the most secure exchanges to buy crypto.
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 amount of money you invest in SAND depends on you. If you are new to this world, it is better to start with the minimum amount. In this case, you won’t lose much money if the investment wasn’t as profitable as you thought.
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.
Not only can you keep the SAND tokens as an investment, but also you can use your coins to tokenize your gaming assets and sell them to other players. Therefore, you can earn more coins.
SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.
