Bittr: Buy Bitcoin With SEPA Transfer

Description

Bittr is a bitcoin purchase platform that provides its services in the EEA region. The company uses SEPA transfers as a payment method. They are conducted in EUR and CHF from a personal bank account, and the corporate bank account is not supported. Bittr does not require users to pass KYC verification in order to offer more privacy and anonymity.

How Bittr Works

To get started with Bittr, enter your email address on the platform’s website and verify it by clicking on the link sent to you. Then enter your IBAN, bitcoin address, and set up your bank transfer. To prove that this is your bitcoin address, you will also need to sign a message with your wallet. The service recommends that you use hardware wallets.

We recommend to use a hardware wallet, in order to safely store your satoshis for the long-term. Wallets including this functionality are Trezor, Ledger (via Electrum), BitBox and Coldcard.

Bittr does not store your funds on its platform. Once your payment is processed and received in its bank account, sats will be sent to your wallet within 30 minutes. The service emphasizes that it takes 0-3 business days to complete transactions and does not carry out instant transactions.

Bittr’s automated investing feature allows you to invest using a DCA (dollar-cost averaging) approach, setting a specific amount and frequency (once, daily, weekly, monthly, or yearly) that you want your bitcoin purchases to be made. You can activate this function by setting up a single or recurrent transfer from your bank. Bittr sends you an email notification every time you buy bitcoin.

Limits

The minimum amount you can start buying bitcoin is 25 EUR (30 CHF). The maximum amount is 900 EUR (999 CHF) per 24 hours and 99.999 EUR (99.999 CHF) per year.

Fees

The fees for purchasing bitcoin with EUR or CHR are as follows:

• 1.5% of your deposit amount charged by the company.
• the lowest possible mining fee charged by the network.

For example, if you deposit 100 EUR, you will be charged 1.5 EUR plus the mining fee. However, it may take longer for the transaction to be included in a block due to such a low network fee.

More Information

• Follow updates
• Email to reach out to Bittr: [email protected]
• WhatsApp group