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Ethereum: Is There a Bitcoin Exchange Accepting SEPA Transfers?
As the price of cryptocurrencies continues to fluctuate, many users are looking for reliable exchange options that cater to their specific needs. Recently, several exchanges have announced their support for sending Bitcoin (BTC) directly from European countries using the Secure Electronic Payment Association (SEPA).
Is there a bitcoin exchange accepting SEPA transfers?
Currently, only one major cryptocurrency exchange is actively supporting SEPA transfers:
- Bitstamp: In October 2021, Bitstamp announced that it would begin allowing customers to send Bitcoin in Europe using their bank account and the SEPA system. However, please note that this announcement came after the closure of Mt. Gox’s European office, and there may have been changes since then.
- Binance: Binance has also stated its intention to support SEPA transfers for users who are registered with a financial institution in Europe.
Alternative options
If you’re not satisfied with Bitstamp or Binance, you can consider the following alternative options:
- eToro’s SEPA feature: eToro allows users to send and receive Bitcoin using their bank account and the SEPA system.
- Kraken Exchange’s SEPA support: Kraken has announced its intention to offer SEPA transfers for Bitcoin, although this feature is still in development.
Sending a wire to the HK office costs much more than a SEPA transfer
For those considering sending funds to the Hong Kong (HK) office, it may be worth noting that there are other options available:
- HSBC’s Online Banking
: Users can withdraw and deposit funds from their HSBC account using their online banking platform.
- RBS’s Online Transfer: RBS also offers an online transfer service for customers to send and receive funds in the UK.
Please note that each exchange has its own terms, conditions, and requirements. Before making any transactions, it is essential to review and understand the fees associated with each option and ensure that you comply with all relevant regulations and laws.