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Buy Crypto with Bizum

Buy Crypto with Bizum

Adrian Graham
Adrian Graham
Co-Founder (MBA)
Fact Checked
February 27, 2023
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Summary: The Bizum App does not directly offer any products or services which enables its customers to buy and sell Bitcoin and cryptocurrencies. However, customers can use their mobile banking app to transfer funds from their accounts to a regulated crypto exchange that supports Bizum deposits.

Based on our review of the top exchanges in Europe, we found that Uphold was the best platform that accepts Bizum deposits. They offer instant and free SEPA transfers to trade over 250 cryptocurrencies with zero fees. Uphold is licensed, regulated and trusted by over 10 million investors in Europe.

Table of Contents

Best Crypto Exchange for Bizum

Platform Highlights

  • Trade 250+ Cryptos with free and instant Euro (EUR) deposits from the Bizum App.
  • Regulated in Spain & Europe and has regularly audited Proof-of-Reserves showing full customer reserves.
  • Trusted by over 10 million retail and institutional investors in Europe.
Uphold - Bizum
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Audited Proof of Reserves
Audited Proof of Reserves

How to Buy Bitcoin and Crypto with Bizum

As outlined above, the best way to buy digital assets with a Bizum account is through a regulated exchange that supports SEPA Transfers from Bizum. With this method, investors in Spain and Europe can easily deposit and withdraw Euros to and from exchanges to invest in a wide range of cryptocurrencies.

Here is a simple 4-step guide to get started with our recommended exchange:

  1. Sign Up: Create an account on Uphold and complete your verification (personal or company).
  2. Connect Account: Select the currency you want deposit on Uphold (EUR + 30 more).
  3. Deposit Funds: Connect your Bizum to quickly deposit EUR via SEPA Transfer.‍
  4. Buy Crypto: The final step is to find the crypto you want to buy and execute your trade.
Buy Crypto with Bizum.
Deposit Euros from Bizum.

Bizum Cryptocurrency Policy

Bizum is a crypto-friendly mobile bank in Spain and Europe. This means that they allow customers to deposit funds in platforms that are regulated and safe in the European Union. Investors must use a platform that supports SEPA Transfers, which is the only way to move funds from Bizum to a crypto exchange.

It is important to note that not all crypto exchanges support this feature, and users should make sure to use a reputable and trustworthy platform before making any transactions.

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What is Bizum?

Bizum is a mobile payment system that allows users to send and receive money between bank accounts using a mobile phone number. It is currently available in Spain and is integrated into the mobile banking apps of most Spanish banks. Bizum transactions are processed through traditional banking channels and allow for instant payments without needing to know the recipient's bank account number.

Users can link their bank account to their Bizum account and easily make payments to friends, family, or merchants. Bizum is a convenient and secure way to make payments without the need for cash or physical cards.

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Final Thoughts

Bizum allows its users in Spain and Europe to easily transfer funds from their accounts to regulated exchanges and access the crypto markets. With a simple 4-step guide, investors can easily deposit EUR in Uphold and start trading over 250 cryptocurrencies with zero fees.

Post Tags

EU Banks
Digital Banks
Centralized Exchanges
Digital Assets
Bitcoin

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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