I'm looking to buy some Bitcoin and want to avoid credit card fees, so bank transfer seems like the cheapest option. I'm in Europe so SEPA would be the way to go. But I've heard mixed things about how long bank transfers take – some say days, others say it can be instant. Does anyone here have experience buying crypto with a bank transfer that actually arrives instantly? I'm wondering about the actual speed, fees, and if the process is straightforward. Would appreciate hearing from someone who's done this recently.
I've been buying BTC with bank transfers for a few months now and it's been great for keeping fees low. The platform I use supports Instant SEPA, so if your bank does too, the payment arrives in under a minute. Fees are minimal – just 0.10 EUR bank fee plus 1% commission. The process is simple: verify your account (took about 2 minutes), select Bitcoin, choose bank transfer, and get redirected to your banking app to confirm. The BTC is sent as soon as the transfer clears. If you're looking to buy crypto with bank account instantly, that's what worked for me. Just check if your bank supports Instant SEPA.