Bitcoin.com Now Offers Pre-Funded Accounts for EU and UK Users, Bringing the Convenience of Fiat Balances to the Decentralized World | by Bitcoin.com | Nov, 2024
If you’re in the EU or UK, you now have the ability to pre-fund your self-custody Bitcoin.com Wallet with Euros and GBP. Once you’ve pre-funded your wallet, this means you can buy and sell Bitcoin and crypto instantly with lower fees, and without the risk of your order being rejected by banks. Previously seen only on centralized exchanges and fintech apps like Coinbase, Revolut, and Robinhood, this new solution, powered by our partner MoonPay, redefines how self-custody Bitcoin and crypto users buy and sell digital assets.
The setup is simple:
- KYC Verification: If you haven’t already, complete a quick and secure KYC process to enable deposits.
- Top Up: Add GBP or EUR to your MoonPay Balance using your preferred payment method.
- Buy Crypto: Use your MoonPay Balance to complete your purchase instantly.
- Sell to Balance: Sell your crypto, converting back to your MoonPay Balance instantly.
- Withdraw Funds: Withdraw funds from your MoonPay Balance to your bank account or supported payment method anytime.
Only users in the UK and EU (excluding Germany and Netherlands) are supported at this time. We are working to expand to the US and rest of world, so stay tuned!
🔍 See our comprehensive guide for more details on how to use MoonPay Balance.
With MoonPay Balance, you now have a smoother, more efficient, and cost-effective way to transact with crypto. Here’s what sets it apart:
- Lower Fees: Enjoy zero MoonPay fees on transactions made with MoonPay Balance. Save money by avoiding the high fees traditionally associated with decentralized crypto purchases.
- Instant Transactions: With MoonPay Balance, you can enjoy lightning-fast transaction speeds, minimizing delays and allowing for a seamless trading experience.
- Higher Approval Rates: Say goodbye to failed card payments or blocked bank cards — using your MoonPay Balance to buy and sell Bitcoin and crypto allows for reliable, high-approval transactions.
- User Control and Ownership: Unlike centralized exchanges, MoonPay Balance integrates directly with your self-custody Bitcoin.com Wallet, giving you complete control and ownership of your crypto assets without the risk of account freezes or hacks.
- Top Up: Add GBP or EUR to your MoonPay Balance
- Buy Crypto: Purchase crypto instantly using your MoonPay Balance.
- Sell to Balance: Convert your crypto back to fiat using MoonPay Balance.
- Withdraw Funds: Withdraw to your bank account or another supported payment method anytime.
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