If you ever need to buy cryptocurrencies very quickly, you can use your payment card and buy your crypto via crypto exchange really quickly. However, card payments have high fees and exchange offices like Coinbase or Wirex tend to have unfavorable prices or a small offer of various cryptocurrencies.
In Europe, therefore, it is much more advantageous to shop on the big crypto exchange, where you send money by bank transfer. However, this is usually very slow. But not always. Without much media interest, a system of instant SEPA payments called SEPA Instant Credit Transfer is expanding in Europe. There is one pair of names in the list of supported banks that interests us in terms of buying cryptocurrencies. These are the well-known fintech bank Revolut and the British bank Clear Junction from London. Why Clear Junction? Because this is the bank that provides SEPA payments for the Binance exchange, and right now Binance does not charge any fees for EUR deposits.
How to do it?
If you don't, you will create an account on Revolut. It's really easy and fast, of course everything online. You will also create an account on Binance if you do not have one. With a payment card, you can top up EUR to your Revolut account. It is free of charge. Revolut is a convenient exchange office, so you can use other currencies for your deposit, too. In this case you will exchange your assets in euros and send them by SEPA transfer (again free of charge) to your Binance account. And that's all. Within a few tens of seconds, you have euros in your account and you can buy or trade any available cryptocurrency. And right now, Binance does not charge any EUR deposit fees as part of the promotion.
Sale of cryptocurrencies for EUR
The Binance and Revolut accounts can also be useful in the opposite direction, for the immediate exchange of cryptocurrencies to fiat. You can create a Binance payment card on Binance, just a virtual one unless you need plastic. Transfer to a card BTC or one of the other cryptocurrencies and depozit fiat your Revolut account using Binance payment cards. In a few seconds, you can change your BTC to fiat on your Revolut account. Again: free of charge.
There are a number of ways to buy a crypto quickly, but why pay unnecessary fees or exorbitant prices for the crypto when it's often not necessary.
Note: The same procedure (Revolut -> crypto exchange deposit) works for the Coinbase as well as Coinbase Pro crypto exchange. And certainly for many other exchange offices, their EUR deposit bank is on the list of instant SEPA payments.