Buy Solana
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

To decide if buying solana is a good investment, first, take a look at its history. The official token of Solana, called SOL, was released in April 2020 with a price of $0.79 per coin. In only one year, its price mounted to $260 in November 2021. It was one of the most profitable investments for people who had bought this coin at its debut. However, like any other coin on the market, Solana had fluctuations too. Although it couldn’t reach higher than $260, it became stable for a while at the price of $30 in 2022. Solana had a drop to $12 in November 2022. 

Although no one can guarantee a positive future for any cryptocurrency, many experts believe that the updates on the Solana roadmap may affect its future. Analysts have predicted the future of Solana for upcoming years and believe this coin may reach $70 by the end of 2030. Most of the experts in this field also claim it is better to think about a long-term investment while buying Solana. However, you should be aware that any incident may affect the future of a coin. Therefore, if you are a beginner in this world, it’s recommended to avoid putting all your money on a coin.

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.

Solana is the name of the blockchain created in 2017. Very soon after its release, it became one of the fastest blockchain networks with 2700 transactions per second. This feature made Solana very popular among people in the cryptocurrency world. To make the network more efficient, like the Cardano network, Solana also uses the proof-of-stake (PoS) technology, which also helps the network become more sustainable and scalable than the previous blockchains. Fast transactions, low fees, and low environmental impact are the benefits of the Solana blockchain.

Every blockchain has a native coin that can be used as an investment or a digital asset. SOL was released in 2020 as the official token of the Solana network. You can use it to create smart contracts, buy online products, and as an NFT trader. SOL has a market cap of $66 billion, which makes it the 5th largest cryptocurrency by market capitalization. A high market cap implies that the asset is highly valued by the market. The total supply of SOL was 530 million tokens in October 2022, and 67% of Solana’s supply is currently in circulation. Investing in Solana means buying SOL tokens, keeping them in a wallet until its price rises, and then selling the tokens on the blockchain.

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.

As mentioned in the history of Solana, its price had many ups and downs. It had the highest price of $260, and the lowest price was $11 in November 2022. This price drop was due to the network hack on August 3, 2022. An attack occurred on some of the decentralized wallet apps that worked with the Solana network, and almost 8000 wallets were hacked, and an estimated amount of $8 million SOL was drained. It was the bad news that made SOL's price fall to its lowest price.
This story may make you think that Solana is not reliable and safe, but that’s not true. Using PoS and PoH concepts has made this network so secure. However, the world of cryptocurrency is not 100% protected from hackers. However, you should always care about what wallet you choose to hold your coins. Generally, hardware wallets are more secure than software wallets and mobile apps. Therefore, if you want to invest in Solana and are concerned about its security, choose a hardware wallet to keep your investment more secure. If you want to invest in a more secure blockchain, you can consider Cardano as a better alternative to Solana.