Are UK banks preventing you from buying cryptocurrencies?
I've been trying to purchase cryptocurrencies, but it seems like my UK bank is blocking the transactions. Is this a common issue? Are UK banks generally preventing customers from buying cryptocurrencies?
What are the benefits of SEPA transfers for buying cryptocurrencies?
Could you elaborate on the advantages of utilizing SEPA transfers for purchasing cryptocurrencies? As a financial professional, I'm particularly interested in the potential cost savings, convenience, and security aspects that such a payment method might offer. Do SEPA transfers typically involve lower transaction fees compared to other payment options? Are they widely accepted by cryptocurrency exchanges, ensuring a smooth and hassle-free buying experience? Additionally, how secure are SEPA transfers in terms of protecting personal information and funds during the transaction process? I'd appreciate your insights on these points.