How to Purchase Bitcoin With SEPA in Europe?

Single Euro Payments Area or as it is more commonly referred to as SEPA is a system for transferring various financial assets to banks located within the European Union. So, if you, for example, cannot transfer your funds by utilizing the SWIFT system, you could opt for its alternative, SEPA.

If the concept of this alternative payment method is new to you, you might be wondering – how can I purchase Bitcoin with SEPA? Fortunately for all individuals that are looking for an answer to this question, the article below will shed some light on the entire topic. But, before we take a look at what you need to do, let’s first learn why you should purchase BTCs with SEPA.

Why Should I Opt For Using it?

As you might know, one of the primary problems when purchasing BTCs are chargebacks. Hence, a lot of exchanges opted for implementing high fee policies, mostly because they can ensure that they’re protected from the chances of selling Bitcoins and not getting compensated for it.

When talking about SEPA, the transfers people make cannot be reversed, which is one of the reasons why it’s becoming increasingly popular to use this transfer scheme. By using it, you can purchase a large amount of Bitcoin, but you won’t have to worry about the chargebacks.


Since there is a low-risk factor, the expenses you’ll need to pay when you purchase digital assets with SEPA are extremely low, and some of the platforms that you could find out there don’t charge these fees at all. This is why a lot of people opt for using this alternative, instead of some traditional options on the market.

The main and most important benefits of choosing SEPA is that it’s simple, convenient, and efficient. If you choose to use it, you’ll only have to rely on one payment account, which means that you could use it for making payments, no matter what European country you’re from.

Besides using it for buying BTCs, you can also use it for other things as well. For instance, if you’re traveling to Europe, you could choose to use it for making online purchases. This is, perhaps, why an increased number of businesses choose to use it, mostly because it allows them to quickly and easily access the EU markets.

So, How Can I Use it For Purchasing Bitcoins?

In order for you to purchase Bitcoins (BTC) by utilizing a SEPA transfer, you’ll have to first opt for an exchange that offers these transfers. Whatever platform you choose, the first step is always the same – you’ll have to open an account. Once you do, you’ll have to wait for it to be verified, and from there, you can start purchasing BTCs.

But, if you do some digging online, you’ll discover hundreds of exchanges on the market, which is why you’re probably overwhelmed by the number of options you can choose from. To make things easier for you, here is a list of some of the most popular and used exchanges out there:


1. “Bitcoin Store HR”

One of the first options that you might want to consider is an exchange located in Croatia. The expenses you’ll be required to pay will depend on the digital asset you’re planning on buying, however, it does range from 2 to 5 percent. With it, you can purchase BTCs without opening an account and it also accepts cash. Some individuals don’t prefer it since it only accepts cash and SEPA transfers – which is exactly what you’re looking for.

2. “Paybis”

Another platform that you might want to consider utilizing is Paybis, a platform that can be used in over 170 countries. They are registered with FinCEN, which means that it’s extremely secure and trustworthy. One of the things that people love about it is that it offers 24/7/365 customer support, it has high limits, and you’ll only need about 10 minutes to open an account and verify it. There is also a wide range of payment methods, including SEPA.

3. “eToro”

You’ve probably heard about this platform, mostly because it has more than 20 million users from all over the world. It supports a lot of cryptocurrencies including Zcash and BTCs, and you could use it for making quick transfers by using SEPA. It also offers you unique features such as copy trading and the platform is easy to navigate and clean. If you want to read more about this particular exchange, check out smartbitcoininvestments.

4. “Bitstamp”


This is, perhaps, one of the biggest platforms in the world for purchasing, selling, and trading BTCs. Besides SEPA, it also offers its users the ability to transfer digital assets by international bank wire, and recently, they also added credit cards as a payment method. The fees are relatively low and can fall under 0.1 percent, however, there is one downside to this exchange – it has been hacked in the past, hence, you might not want to keep your funds on the platform for a long time.

5. “Bitpanda”

This particular broker is located in the European Union and they have high payment limits, as well as low fees for all the payment methods provided. In fact, it offers some of the lowers fees for purchasing BTCs and people love that they’re completely reliable and secure. You should know, the fees you’ll have won’t be displayed on the website, instead, they’ll be revealed in the end as a part of your purchasing expenses.


Purchasing Bitcoins by utilizing SEPA transfers is relatively easy and it doesn’t defer from some other purchasing methods. The only thing that you’ll have to ensure is that you choose an exchange that offers SEPA payment methods – something that is made easy by our list from above.

Hence, now that you’ve learned what you should do, as well as what exchanges you could use, you really shouldn’t waste any more of your free time. Instead, you should return to the beginning of your article, go through it once again, and then determine which platform suits your needs and requirements.