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!