SEPA is a popular way for citizens of the European Union and surrounding countries to send and receive payments using the money in their bank account.
In this guide, we are covering the best ways you can buy bitcoin instantly using SEPA bank transfer.
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Last Update April 17th, 2021. SEPA bank transfer is exclusive to citizens of the European Union and simplifies all bank transfers denominated in Euros.
SEPA bank transfer is also a popular method of payment for buying bitcoin instantly and securely.
If you are buying or trading bitcoin in high volumes with SEPA transfer our recommendation is to use Etoro or CEX.IO for your trading needs.
Where To Buy Bitcoin With SEPA Transfer
 | Free, $5 withdrawal fee | Worldwide | |
 | Free | All countries | |
 | Free | Worldwide | |
 | Free | Worldwide | |
 | Free | 102 countries (see full list) | |
 | Free | Worldwide |
Table of Contents
How Can I Buy Bitcoin With SEPA Bank Transfer?
If you want to buy bitcoin using SEPA bank transfer then you have to find a reputable exchange or marketplace that will let you do it.
How To Buy Bitcoin With SEPA On Etoro Summary
- Create an account with Etoro.
- Verify your account.
- Connect your bank account and fund your trading portfolio with a SEPA transfer.
- Go to ‘Bitcoin’ and select the amount you want to buy.
- Bitcoins are added to your Etoro portfolio.
That’s it! You have successfully purchased bitcoin with SEPA transfer as the payment method.
10 Ways To Buy Bitcoin With SEPA Bank Transfer
Etoro
| Rating: | |
| Website: | etoro.com |
| CEO: | Yoni Assia |
| Headquarters: | London, United Kingdom |
| Founders: | David Ring, Ronen Assia, Yoni Assia |
| Founded: | 2007 |
| Customer service: | Knowledge Base |
Etoro is a multi-asset platform that offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.
Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).
Minimum first time deposit for US users is $50 USD and $200 USD for most countries.
Etoro accepts deposits in USD, EUR, GBP, and AUD.
Pros
- Diverse selection of markets
- Excellent reputation
- User-friendly interface
- Great customer support
- Low fees
Cons
- Bitcoins can only be withdrawn in the form of fiat currency
Disclaimer: This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. 67% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
67% of retail investor accounts lose money when trading with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Cryptocurrencies are a highly volatile unregulated investment product. No EU investor protection.
eToro USA, LLC does not offer any CFDs and makes no representations and assumes no liability for the accuracy or completeness of the content of this publication, which was created by our partner using publicly available, non-company specific information about eToro.
Binance
| Rating: | |
| Website: | binance.com |
| CEO: | Changpeng Zhao |
| Headquarters: | Malta, European Union |
| Founders: | Changpeng Zhao, Yi He |
| Founded: | 2017 |
| Customer service: | Knowledge Base |
Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.
With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform.
Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.
Pros
- Trustworthy management
- High volume exchange
- Low fees
- A large number of cryptocurrency pairs
- Global support
Cons
- Few payment options
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
CEX IO
| Rating: | |
| Website: | cex.io |
| CEO: | Oleksandr Lutskevych |
| Headquarters: | London, United Kingdom |
| Founders: | Oleksandr Lutskevych, Dmytro Kalynovskyi, Victoria Polyakova, Peter Ivanov |
| Founded: | 2013 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of customers worldwide and allows users to buy bitcoin with a credit card or debit card seamlessly.
CEX.IO boasts multiple payment options (SWIFT, SEPA, ACH, Faster Payments), 24/7 customer support, and proven platform stability.
CEX.IO accepts deposits in USD, EUR, GBP, and RUB.
Pros
- Established and trustworthy
- Supported worldwide
- Low fees
- Simple credit card purchases
- Clean user interface
Cons
- Verification procedure requires private information
- Lengthy verification time
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Coinbase
| Rating: | |
| Website: | coinbase.com |
| CEO: | Brian Armstrong |
| Headquarters: | San Francisco, California |
| Founders: | Brian Armstrong, Fred Ehrsam |
| Founded: | 2012 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
Coinbase is the dominant U.S. cryptocurrency exchange that is known, used and trusted by millions of customers worldwide. The world-class user interface is both colorful and accessible and there is even a mobile app available for Android and iOS.
Coinbase accepts deposits in USD, EUR, GBP, CAN, AUS, and SGD.
Pros
- Established reputation
- User-friendly interface
- High liquidity
- Large purchasing limits
- Strong security
Cons
- Support takes time to respond
- Slow bank transfers
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Kraken
| Rating: | |
| Website: | kraken.com |
| CEO: | Jesse Powell |
| Headquarters: | San Francisco, California |
| Founders: | Jesse Powell |
| Founded: | 2011 |
| Customer service: | Knowledge Base |
Kraken is the world's largest Bitcoin exchange and offers a vast selection of cryptocurrencies and internationally accepted funding methods.
Kraken Pro provides individual and institutional investors with advanced real-time trading and charting tools.
Kraken accepts deposits in USD, EUR, CAD, GBP, JPY, and CHF.
Pros
- Respectable reputation
- Global support
- Reliable customer support
- Tiered verification
- Affordable fees
Cons
- Few payment methods
- Sophisticated UI
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Coinmama
| Rating | |
| Website: | coinmama.com |
| CEO: | Sagi Bakshi |
| Headquarters: | Israel |
| Founders: | Laurence Newman, Nimrod Gruber, Ilan Schuster |
| Founded: | 2013 |
| Customer service: | 24/7 email support and Knowledge Base |
| More information: | Read Review |
Coinmama specializes in selling Bitcoin and cryptocurrencies instantly with a credit card, or with bank transfer and is one of the most popular exchanges in the world.
Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY.
Pros
- Available worldwide
- High purchasing limits
- Dependable and trustworthy
- Excellent leadership and customer support
- Fast and secure transactions
Cons
- High fees when purchasing with a credit card or debit card
- Delay in processing time
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Paybis
| Rating: | |
| Website: | paybis.com |
| CEO: | Innokenty Isers |
| Headquarters: | Glasgow, United Kingdom |
| Founders: | Innokenty Isers, Konstantins Vasilenko, Arturs Markevics |
| Founded: | 2014 |
| Customer service: | Knowledge Base |
Paybis is a digital and cryptocurrency exchange that specializes in fast and reliable transactions while providing a large number of payment options.
Paybis accepts deposits in USD, EUR, CAD, GBP, and JPY.
Pros
- Large purchasing limits
- Wide range of payment options
- Intuitive and user-friendly interface
- Global support
- 24/7 Multilingual customer service
Cons
- Bank transfers can take 1 to 5 days to complete
- Above-average fees
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | High | High | High |
Bitit
| Rating: | |
| Website: | bitit.io |
| CEO: | Nicolas Katan |
| Headquarters: | Paris, France |
| Founders: | Nicolas Katan, Ugo Mare, Simon Potier |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
Bitit is developed, hosted, and regulated in Paris, France. BitIt is one of the most convenient platforms for buying and selling crypto-assets.
Bitit accepts deposits in USD, EUR, GBP, JPY, AUD, CAD, CNY, HKD, KRW, SGD, ZAR, DKK, SEK, NOK, and TRY.
Pros
- Supports many currencies
- Large selection of cryptocurrencies
- High purchasing limits
- Ledger and Trezor wallet support
Cons
- Lengthy verification
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Great | High | High | High |
Wirex
| Rating: | |
| Website: | wirexapp.com |
| CEO: | Pavel Matveev |
| Headquarters: | London, United Kingdom |
| Founders: | Dmitry Lazarichev, Pavel Matveev |
| Founded: | 2014 |
| Customer service: | Knowledge Base |
Wirex is a debit card that automatically converts multiple crypto and fiat currencies at the point of sale, letting you seamlessly spend money from your Wirex account in real life, anytime, anywhere.
Once you add money to your Wirex account you can exchange between any of the currencies in-app or online, instantly.
Wirex accepts deposits in AUD, CAD, EUR, CHF, CZK, GBP, HKD, JPY, MXN, SGD, and USD.
Pros
- Multiple funding methods
- Ability to purchase bitcoin at market rate
- Wallet and exchange
Cons
- The initial lag time
- Not supported in all countries
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Great | Low | High | High |
Paxful
| Rating | |
| Website: | paxful.com |
| CEO: | Ray Youssef |
| Headquarters: | New York, New York |
| Founders: | Ray Youssef, Artur Schaback |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
Paxful is a person-to-person marketplace that supports over 300 payment methods.
Paxful gives vendors the ability to create offers in all currencies.
Pros
- Escrow system
- Security
- Diverse payment methods
- Simple user interface (UI)
- Wide variety of sellers
Cons
- Buyers and sellers are at risk of being scammed
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
What Is A SEPA Bank Transfer?
The Single Euro Payments Area (SEPA) is a system of transactions created by the European Union to establish efficient cross-border cashless payments in one unified system. Only citizens living in an Eurozone location are able to open a bank account and use SEPA to receive salaries and transfer payments across Europe.
How To Make A SEPA Transfer
To send a SEPA transfer the following requirements must be met:
- Recipient International Bank Account Number (IBAN)
- Recipient bank is a member of SEPA
How SEPA Works
Where Is SEPA Supported?
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland (including Aland Islands)
- France (including French Guiana, Guadeloupe, Martinique, Mayotte, Saint Barthélemy, Saint Martin, Réunion, Saint Pierre and Miquelon)
- Germany
- Greece
- Hungary
- Iceland
- Ireland
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Monaco
- Netherlands
- Norway
- Poland
- Portugal (including Azores and Madeira)
- Romania
- San Marino
- Slovakia
- Slovenia
- Spain (including the Canary Islands and Ceuta en Melilla)
- Sweden
- Switzerland
- United Kingdom (including Gibraltar)