How To Buy Cryptocurrency With Bank Account?

Over the last several years, the cryptocurrency sector has expanded at a rapid rate. With a current market capitalization of $1.5 trillion, cryptocurrencies have proven to be one of the most lucrative investments in recent decades.

If you don’t want to lose out on this high-growth opportunity and want to purchase Bitcoin using a bank account without any fuss, continue reading for our comprehensive guide. We will discuss the simple procedures required to create an eToro account, the top Bitcoin brokers, and the general reasons why purchasing Bitcoin using a bank account is a wonderful alternative for all investors.

Bank transfers are one of the most straightforward and easy methods for transferring money. You may execute a variety of tasks with their assistance, including online product and service purchases. Purchasing Bitcoin (BTC) through bank transfer is straightforward.

TRASTRA – the best place to buy cryptocurrency via a bank account

SEPA removes the distinction between local and international payments for EU citizens.

The new unified SEPA payment mechanism, which is safer, more efficient, and cheaper for TRASTRA clients to utilize, enables them to purchase USDC through a bank account and transfer funds between accounts situated anywhere in the European Economic Area (EEA).

However, you must first acquire a TRASTRA Visa debit card since it includes an IBAN, a necessary tool for SEPA transactions. One to four business days are common for the deposit of funds into the recipient’s bank account.

Since same-day transfer processing finishes at 3 p.m., the timing of your transfer is crucial. Any inquiries received after this time will be handled the next business day.

In a few simple steps, you may buy bitcoin with credit card or debit card using the TRASTRA wallet. Create a free account, select to acquire USD Coin, pass a simple verification process, and get USDC immediately in your wallet. You may purchase USD USDC using either MasterCard or Visa credit cards.

Alternatively, you may obtain your TRASTRA debit card for usdc bank transfer in a few simple steps. Sign in to your TRASTRA account first. Ensure that your numerous crypto wallets have enough amount of crypto money. Then, purchase the card, confirm typical spending fees, and confirm the delivery address. Select the coin you want to pay with next. Expect your TRASTRA debit card to arrive within 7 to 10 business days.

Why Use a Bank Account to Buy Bitcoin?

Bitcoin is well-known among cryptocurrency and market followers. It’s the market’s biggest coin, worth £600 billion. Bitcoin, now worth £31,000, has gained 470% in five years.

The crypto market is now declining. Most currencies follow Bitcoin’s price, which has dropped 24% in a year. Bitcoin’s price drop may be a good time to buy. Buying Bitcoin using a bank account is quick and easy.

Speed

First, buying Bitcoin using a bank account allows for immediate transactions. Most bank transactions are finished within a few days, so you may buy Bitcoin and deposit it quickly.

Simplicity of usage

Most Brits have bank accounts, making this payment method easy to use. E-wallet payments need account setup and bank account pre-linking. Connecting your bank account to your broker avoids this hassle.

Security

Most banks have anti-fraud measures in place. If an account tries to send money to an illegal broker, it’s reported and you can’t buy Bitcoin from that broker. Nationwide, a UK bank, has banned Binance transactions.

Fees

Wondering how to purchase Bitcoin fast using a bank account? Finally, it is often inexpensive to pay brokers by bank transfer. The fees charged by TRASTRA are very reasonable. There are fees involved in using it, but that doesn’t stop anyone from doing so.

Also Read: The Blockchain Is Finding Its Way Into The World Of Work