Can I Buy Bitcoin with Satispay?

‍Yes, Satispay customers can buy Bitcoin and other cryptocurrencies by using a regulated European digital asset exchange that accepts Satispay deposits. It is advisable to choose an Italian crypto investment platform regulated by the Organismo Agenti e Mediatori (OAM) or other respected global financial authorities to ensure a secure and compliant trading environment.

How to Buy Crypto with Satispay

‍For Satispay users interested in investing in cryptocurrencies, eToro provides a secure and globally regulated platform. This exchange operates in over 100 countries and provides a multilingual interface available in Italian and 23 other languages. It offers more than 4,500 digital currencies, stocks, commodities, and ETFs, allowing users to diversify their portfolios.

To start investing in crypto with Satispay through eToro, follow these steps:

1. Account Registration: Visit the eToro website and sign up for a new account using your email address.
2. Deposit Funds: Click on ‘Deposit Funds’, select EUR as your currency, and transfer funds from your Satispay account.
3. Find Crypto: Use the search bar to locate the cryptocurrency you want to invest in and click the ‘trade’ button.‍
4. Execute Trade: Enter the amount you wish to invest, choose your asset, and complete the transaction.

What are the Fees?

Investors using Satispay to explore Bitcoin and other cryptocurrencies should be aware of the associated fees. Common charges include deposit and withdrawal fees, trading commissions, and the spread, usually ranging from 1% to 2%.

For investors using Satispay, eToro is an affordable option due to its competitive fee structure. It does not impose any trading fees but applies a 1% spread to crypto transactions, which is lower than competitors like Coinbase that charges up to 2%. Furthermore, deposits in Euros via SEPA transfers are free, making it an attractive choice for Satispay users.

Is Satispay Crypto-Friendly? 

Yes, Satispay supports its users' interest in cryptocurrency and facilitates transfers to exchanges regulated by financial authorities such as the Organismo Agenti e Mediatori (OAM) and other similar bodies across Europe. This ensures that Satispay users can safely transfer Euros or other fiat currencies to approved platforms while maintaining regulatory compliance.

By enabling these secure transfers, Satispay users can confidently explore the crypto market, knowing their transactions are both protected and compliant. Satispay’s proactive stance provides an empowering environment for investors, helping them build a more diverse digital asset portfolio.

About Satispay

Satispay is a versatile payment platform that simplifies everyday transactions with products like Satispay for Business and Satispay for Personal use. Users can make payments, send money to friends, and manage budgets through its app. Operating independently of traditional credit card networks, Satispay offers an affordable alternative for both consumers and merchants.

Bottom Line

In conclusion, Satispay enables secure cryptocurrency investments through regulated exchanges like eToro. With eToro's wide range of digital currencies and low fees, Satispay users can easily diversify their portfolios across several asset classes within one single interface. As a globally accessible exchange, it can be used in Italian and provides customer support in the language.