The Impact of Instant SEPA Transfers on European Bitcoin Exchanges
A few days ago, the European Central Bank announced how instant payments will become possible throughout all of Europe by November 2017. To make this idea become a reality, the Euro Retail Payments Board will partner with the European Payments Council to create a scheme enabling instant payments denominated in EUR. This announcement could be good news....
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“We're delighted to add SEPA Instant to our growing portfolio of payment methods, giving our partners' users the power to make instant wire transfers of up to €100,000, 24/7," said Simplex CEO Nimrod Lehavi. Cryptocurrency payment provider Simplex has added SEPA Instant to its list of payment methods, giving European partners the ability to move funds into digital assets with greater ease and flexibility. SEPA stands for Single European Payment Arena, which enables payment harmonization across the European Union. With SEPA Instant, credit transfers are processed and settled within seconds.....
A new service has been launched by the Cashila team, with the aim of making Ether trading more convenient for users. ICONOMI, as this new feature is called, enables purchases through direct SEPA transfers. ICONOMI For Ethereum Enthusiasts. Cashila is one of the many cryptocurrency exchange platforms in the world. By focusing on the European market, this....
Troubles at cryptocurrency exchange Binance continue as the platform is now suspending euro deposits via SEPA bank transfers. Binance says the suspension is temporary and it is due to events beyond its control. Binance’s Troubles Extend to SEPA Transfers Binance users reported Tuesday that they have received a notice from the exchange about the suspension of euro deposits via Single Euro Payments Area (SEPA) transfers. According to the notice shared on social media by several people, Binance explained: Due to events beyond our control, we are temporarily suspending EUR deposits via....
Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in bitcoin, ether and other crypto, has teamed with ShapeShift.io to allow customers to make payments, transfer funds and top up their debit cards using altcoins in addition to bitcoin. Customers will be able to send funds globally by paying the altcoin equivalent of the payment or transfer. The exchange incurs a 0.5% fee, which Bitwala considers the lowest fee available at present. The integration supports numerous altcoins, including Ether, Litecoin, and Dash. ShapeShift: Global....
Bitwala, a crypto-to-SEPA service that allows fiat currency transfers towards settlements from users who pay in cryptocurrency, now offers the least expensive way to use altcoins for international transfers, providing an economical option for the unbanked who wish to send money across borders, the company announced on its website. Users can make SWIFT or SEPA transfers using altcoins. Bitwala made the announcement following its recent partnership with the ShapeShift.io exchange, which makes it possible for users to transfer altcoins and bitcoins globally, CCN reported. The integration....