Buy Stellar
with Bank Transfer

Buy XLM
Bank Transfer

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How to buy Stellar with Bank Transfer

Why investors buy Stellar 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
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Is XLM 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
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Who can buy Stellar 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.

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What is XLM ?

The cryptocurrency that is used on this network is called Lumen, which is shown by the XLM abbreviation. Therefore, Stellar, Lumen, and XLM are the same but they may be used interchangeably. As mentioned, Stellar is a decentralized network and doesn’t work on a blockchain like Bitcoin. Hence, XLM (Lumen) is not minable like blockchain crypto. There are 100 billion XLM coins premade on the Stellar network that will be released gradually to the market. Therefore, people can buy and sell this crypto faster than other coins.

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How to buy XLM 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.

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Where can I buy XLM 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.

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Is XLM Reliable?

First, you need to know that like any other cryptocurrency, the future of XLM is not 100% predictable. However, you can decide on the reliability of this coin according to its performance in the past and at the moment. Furthermore, reading the experts and analysts reviews about XLM can make it easier for you to decide on buying XLM or not. Meanwhile, if you believe that cryptocurrency technology has a great future, you should know that XLM will definitely be there too.
You should also know that by choosing a safe and reliable wallet to keep XLM coins, you can guarantee the safety of your coins. Learn more about the XLM wallets and find the one that is suitable for you.

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Just 3 easy steps to start investing in Stellar

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your account

Make your first
deposit

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FAQ

Frequently asked questions

If you want to keep XLM as an investment, you need to know that XLM can be a good long-term investment. It is not recommended to think about a short-term profit while buying 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.

Although it seems that XLM and XRP are using a similar network, there are some differences between them that make them completely separate from each other. XRP is mainly used by people who do business with banks. XLM is for people who do business with other people. Therefore, if you want to use this coin, you need to know which type of transactions you have: with people, or with banks? If you want to invest in the coin, some experts believe that XRP is doing better than XLM.

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.

You can’t directly convert XLM to cash, you should first exchange it to USD or EUR in your wallet then if the wallet supports your bank account, send the money to your bank and withdraw it there in cash. 

SEPA compatible areas consist of EEA (European Economic Area) countries, the United Kingdom, Switzerland, Andorra, Gibraltar, San Marino, and Vatican City.

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