Buy Ethereum with Bank Account
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Detailed Guide to Buy Ethereum with Bank Account
The cheapest way to get Ethereum 
Buying Ethereum with bank account in EU is simple! Here’s how to get started right away:
- Decide how much Ethereum you want to buy and start the transaction
- Select your Paybis wallet or enter your external wallet address
- Confirm the payment via your banking app
- Once the payment clears, you will receive your Ethereum!
It's that easy! Scroll down for a more detailed guide. Swipe right to learn more about Ethereum and why buy it with a bank transfer.
What Is Ethereum? 
Ethereum is both a digital currency (abbreviated as ETH) and the network powering it.
As a digital currency, it is the second most popular crypto after Bitcoin. Its network, however, enables a wide range of uses besides cryptocurrencies.
For example, Ethereum network powers NFT, or non-fungible tokens, which allow users to certify ownership of digital assets. NFTs are gaining popularity as a way to buy and sell art.
Ethereum's versatility and multiple applications is one of the reasons why it is so popular.
Why buy Ethereum with bank transfer in EU? 
Bank transfers have one major advantage: when you buy ETH with a bank account in EU, there are no intermediaries. The payment goes directly to Paybis account, which keeps the commissions down.
If you reside in the EU, you may take advantage of instant transfers. The payment will clear almost immediately, and you will receive your crypto right away - as long as your bank supports instant SEPA.
If you live outside these areas, you can still use international transfers. They are just as cheap, and you will usually receive your crypto the next working day.
What are the instant bank transfers? 
As the name suggests, such transfers take a few moments to arrive. It is made possible via an open banking layer - a technology that lets you control, manage, and move your money more efficiently.
When you buy Ethereum with bank transfer in EU, it will be instant as long as your bank supports Instant SEPA payments. Unfortunately, Paybis doesn’t have info about the support of such transfers for any specific country & bank - you will need to contact your bank to understand if they are supported.
What if my bank is not supported? 
We currently support most banks in Austria, Belgium, Bulgaria, Croatia, Czech Republic, Estonia, France, Germany, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Poland, Portugal, Romania, Slovenia, Spain, Sweden, and United Kingdom.
It might happen that your bank or country is not supported. While we wish that every customer could buy ETH with bank transfer in EU, there are some technical limitations outside of our control. You are more than welcome to use credit or debit card to purchase ETH.
Who can buy Ethereum with bank account? 
We are happy to provide cryptocurrencies to people all over the world. You can buy ETH with bank transfer in EU on our website as long as you:
- Are at least 18 years old
- Reside & have a bank account in EU
- Accept our Terms of Service
That's it!
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FAQ
Can I trust Paybis with my money? 
Yes, you can — and you don’t have to take our word for it. We are registered with the Financial Crimes Enforcement Network of the US and follow all the applicable regulations everywhere where we operate. Click here to learn more.
Moreover, we follow the strictest security standards in the industry. Your money and data is safe with us.
Why do I have to pass the customer identification? 
International AML regulations require us to check the identity of our customers; however some transactions can be possible without uploading your documents.
Please note we could not provide the highest level of security if we did not follow these regulations.
Rest assured, though, that we have made the customer identification as seamless as possible.
Why do I get asked additional questions? 
In rare cases, our security team may ask you additional questions for your own security.
Keep in mind that all crypto transactions are final. Once we send the crypto to the wallet you provided, there is no way to reverse the transaction. This is why we take security very seriously.
How fast will I get my cryptocurrency? 
We pay out your crypto immediately once we receive your payment. Bank transfer can be almost instant when buying Ethereum with Instant SEPA transfer (EU). Other EU transfers usually arrive on the next business day.
Why buy cryptocurrency with bank account? 
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1st buy, no Paybis fee. Lowest end-to-end fees.