BloFin has just made buying crypto simpler! With the new SEPA bank transfer and credit/debit card payment options, you can purchase digital assets faster and more securely.
This feature is now in its beta phase, giving select users early access before the full rollout expected in March or April 2025. During the beta phase, BloFin is gradually rolling out these payment methods to ensure a seamless experience.
Whether you prefer bank transfers through SEPA or instant payments with Visa and Mastercard, BloFin ensures a smooth and efficient experience. Here’s how it works!
How to Buy Crypto via SEPA Bank Transfer
On the Web
- Log in to your BloFin account and go to [Buy Crypto].
- Select EUR as the fiat currency and USDT as the cryptocurrency.
- Choose SEPA bank transfer, then click Confirm.
- If you haven’t completed KYC verification, follow the prompts to complete it.
- You may need to provide additional details to comply with AML & CFT regulations.
- Enter the amount you want to pay and click Confirm.
- Once the system review is complete, you’ll receive your IBAN bank account details.
- Transfer the funds to the provided bank account and check for applicable deposit fees.
- Your funds will be credited within 1–2 business days. Track your order status under [Orders].
On the App
- Open the BloFin app, log in, and tap [Buy Crypto].
- Select EUR as the fiat currency and USDT as the crypto.
- Choose SEPA as the payment method, then tap Confirm.
- If KYC verification is incomplete, follow the on-screen instructions.
- Enter the fiat amount you want to pay, then tap Confirm.
- After approval, select SEPA again and agree to the User Agreement & Privacy Notice.
- Transfer the funds to the provided IBAN account.
- Your funds will arrive in 1–2 business days. Check your order under [Orders].
How to Buy Crypto with Credit/Debit Cards
On the Web
- Log in to BloFin and go to [Buy Crypto].
- Choose your fiat currency and select USDT.
- Enter the amount to purchase. Select Visa/Mastercard as your payment method and click Buy.
- If this is your first time using a card, click [Add New Card], enter the details, and confirm.
- Make sure the card is valid and belongs to you.
- Review all payment details, including transaction fees, before clicking Buy Now.
- If required, complete your bank’s one-time password verification.
- Your crypto will appear in your BloFin account shortly.
On the App
- Open the BloFin app and go to [Buy Crypto].
- Choose your fiat currency and select USDT.
- Enter the amount and select Visa/Mastercard as your payment method.
- Add a new card if needed or use a previously saved one.
- Check all payment details before tapping Buy Now.
- If prompted, verify the transaction through your bank’s OTP system.
- Your purchased crypto will be available in your BloFin account shortly.
Why Choose BloFin for Crypto Purchases?
- SEPA Transfers & Card Payments – Choose the method that suits you best.
- Secure & Compliant – KYC, AML, and CFT regulations ensure safety.
- Fast Processing – SEPA transfers clear in 1–2 business days, card payments are instant.
- User-Friendly Experience – Simple steps, clear instructions, and reliable service.
By adding direct bank transfer and card deposits, BloFin joins the exclusive club of exchanges where buying cryptocurrency with fiat is cheap and easily available.
Best exchanges for fiat to crypto conversion:
In addition to newly introduced direct deposit methods, BloFin exchange also has 3rd party payment gateways Simplex and Alchemy Pay. Through these integrated payment gateways, you can buy crypto with ACH, SEPA, Google Pay, Apple Pay, bank cards, Skrill, Neteller, and other payment channels.
Fees
In the current beta stage, fees are set to flat €1 for bank transfers, and 4% for card deposits. Compared with other exchanges, these fees are more than acceptable. SEPA fees are very cheap, while card deposit fees are notoriously more expensive.
Keep in mind these fees can always change. For up to date deposit fees visit our BloFin review and see the “Fees” section.
Get Ready for the Full Launch!
The full rollout of SEPA transfers and card payments is just around the corner. Try the beta version now and help BloFin create the smoothest crypto-buying experience.
