CEX.IO News

CEX.IO About Easy Deposit and Withdrawal Options for EU Users

, March 30, 2015

CEX.IO Bitcoin exchange provides several options to deposit and withdraw funds from the platform. Thus, users can choose from:

  • bank transfer
  • online bank transfer
  • card payment

Each of the options has certain limits and commissions applied per transaction, as well as lists of restricted countries for particular options. However, CEX.IO constantly works on extending deposit and withdrawal methods and broadening geographical borders.

Europe Takes It All

Considering the above mentioned deposit and withdrawal options, it is notable that European citizens are able to use them in full. Moreover, users from the EU have a few exclusive deposit and withdrawal methods available only for them.

Buy Bitcoin with SEPA

In October 2014, CEX.IO has implemented a new payment instrument — SEPA (Single Euro Payments Area). The integration was aimed to simplify financial transactions in Euros on the exchange.

SEPA is a European Union initiative that integrates payment systems. It enables users to make cashless Euro payments using a single bank account. With this feature, CEX.IO customers benefit from low costs: all withdrawals are processed with a € 0.40 per SEPA payment. Meanwhile, the deposits are totally free.

To make a SEPA payment, a user needs an IBAN number to identify the bank and personal account (other details are pulled via system: bank, accounts, name, etc.). Once a successful withdrawal via SWIFT is made, SEPA payment option is unblocked for the respective user.

Skrill Online Bank Transfer

Another option to fund account on CEX.IO and withdraw earnings is Skrill, which is an online bank transfer. Users from Austria, France, Germany, Italy and Spain are able to deposit funds and make withdrawals with only 2.0% plus € 0.15. Spain After

Here’s how it works on CEX.IO. Choose an online bank transfer option, select your bank from the list. Thereafter, you will be redirected to your bank’s payment interface, in which you will complete and confirm the payment.

Invest and Earn More

Most European users consider Bitcoin as a beneficial investment. Those who have entered the game when Bitcoin price was about $30, now have received a significant ROI. Apart from that, Bitcoin is a wonderful commodity for trading due to its high volatility.

So, why not take advantage of the low cost deposit and withdrawal methods and try out trading crypto?

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