Buy Bitcoin with Sepa

This page provides you with options to choose from if you want to use SEPA transfer in buying Bitcoin.

Compare your Top 3 Bitcoin Exchanges
Choose Provider 1:
Choose Provider 2:
Choose Provider 3:
Provider
Pro and Contra
Has been hacked?
Fees
Security
Trading
Good Volume
90 90
Pro
  • Demo Mode
  • High trading volume
Contra
  • Hard Verification
  • Fees are high
Has been hacked? No Fees
Deposit Fees:
Yes
Withdrawal Fees:
Trading Fees:
0.1%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? Yes
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84 84
Pro
  • Safe and decentralized trading
  • Arbitrators
  • 2-out-of-3 multisig security in trades
  • Wide selection of FIAT and Crypto Currencies
Contra
  • They need more aggressive advertising
  • More active development
  • They need to team up with other companies
  • High fees
Has been hacked? No Fees
Deposit Fees:
No
Withdrawal Fees:
Yes
Trading Fees:
0.001% - 0.009%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? No
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80 80
Pro
  • Good reputation
  • High volume and liquidity
  • Connections in the industry grant it additional legitimacy
  • Easy to use and quick
Contra
  • Supports only BTC/FIAT trades
  • More negative comments in the recent past
  • Slightly higher fees if you are trading lower volumes
Has been hacked? Yes, in January 2015 Fees
Deposit Fees:
No
Withdrawal Fees:
No
Trading Fees:
0,25% - 0,1%
Security Very Good Trading
Futures? No
Derivatives? No
Margin Trading? No
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Many Problems
48 48
Pro
  • Low fees
  • Excellent liquidity in EUR markets
  • Margin trading supported
Contra
  • Weak support for mobile platforms
  • No "advanced" orders (stoploss etc.)
  • Often has uptime problems when market gets hot
  • Volume lags a bit in BTC/USD
Has been hacked? No Fees
Deposit Fees:
Yes, in some cases
Withdrawal Fees:
Yes
Trading Fees:
0.0 - 0.26%
Security Excellent Trading
Futures? No
Derivatives? No
Margin Trading? Yes
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TAKEN OFFLINE
40 40
Pro
  • Good liquidity
  • Fast withdrawals
  • MetaTrader 4 allows advanced trading
Contra
  • Hasn't provided a proof of reserve
  • Not the best choice for storing BTC
  • Userdata has been stolen
Has been hacked? Yes, also users emails have been stolen recently Fees
Deposit Fees:
Yes
Withdrawal Fees:
Yes
Trading Fees:
0.2%
Security Good Trading
Futures? No
Derivatives? No
Margin Trading? Yes
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Best Websites to purchase Bitcoin by using SEPA transfer

SEPA or “Single Euro Payments Area” is a wire transfer designed for people that want to transfer money to banks that are located in Europe. This means that when your country is not available for SWIFT transfers, you use SEPA as this is focused in the EU region. When it comes to Bitcoin exchange, this means that not all websites would accept SEPA transfers from your EU bank account as they need to have a bank that would allow you to make that transfer possible.

Websites that support SEPA exchange for Bitcoin

These are the websites that support SEPA trades. As you might have noticed we have two big EU names in the list, that would be Kraken and Bistamp. These are websites that are widely used by the EU Bitcoin audience due to their support of SEPA transactions. Aside from these exchanges, we have our trading platforms that support SEPA as well.

Convenience through SEPA accepting websites

One of the reasons why people would look for websites that accept SEPA trades would be the fact that they are living in Europe. Did you know that not all exchange websites accept SEPA transfers when it comes to purchasing Bitcoins? If you’re from Europe and you want to purchase Bitcoin, then knowing where to go would be of great help! Below is information regarding SEPA trades between Kraken and Bitsamp.

Bitstamp SEPA fees

  • Deposits through SEPA transactions are free of charge
  • Withdrawal through SEPA is charged a fixed rate of €0.90 fee once the funds are converted to EUR
  • Minimum amount for a SEPA withdrawal is $10.00 or equivalent
  • SEPA transfers take 2-3 business days until it is credited to your Bitstamp account

Kraken SEPA fees

  • SEPA deposits are free
  • SEPA deposits takes 1-5 business days to reflect into your Kraken account
  • SEPA withdrawal fee is only €0.09

PROS

  • Pro-EU traders
  • Respectable/trusted exchanges where you can use SEPA transfers

CONS

  • High Fees
  • Trade with sellers using SEPA

Conclusion

Looking for SEPA capable websites before you try and purchase Bitcoin would be the best thing to do. There’s nothing like finding a website where you can purchase Bitcoins with ease and without thinking about the transaction itself. The beauty about looking for the best website for your transaction is that you can sleep at night knowing that after a couple of days, your balance would appear on your wallet.

SEPA transactions are of course focused in the EU region and would benefit them the most when it comes to buying Bitcoin through their banks. There is an interesting post regarding a couple of SEPA deposits which you can find here.

Quick tip: Always separate your savings account from your Bitcoin active account. This is not specific to SEPA transactions but to different transactions that include your bank. Having a separate account would save you from having to deal with frozen accounts and whatnot when a transaction goes south.

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