Instant crypto with instant SEPA – buy crypto with Euros in minutes
The Eidoo Wallet, headquartered in Chiasso Switzerland, has announced a new instant SEPA gateway feature for their wallet. This is the one of the first wallets globally to integrate with the Instant SEPA feature.
Instant SEPA with Eidoo
Eidoo is one of the first wallets to integrate this Instant SEPA feature, which is faster than every regular SEPA transaction. Using this crypto on-ramp feature Eidoo users will be able to buy and confirm your DAI and EDO purchases in minutes, rather than hours (or potentially days).
The CEO of Eidoo, Thomas Bertani, explained: “It is a truly unique innovation, which allows in a matter of minutes – and for two weeks with zero fees – to buy crypto with fiat. There is hardly anyone who offers something like this and those who do, ask for very high commissions. We are committed as Eidoo to becoming the leading app in the DeFi sector, insofar as we believe that it is a fast growing market.”
Instant crypto with instant SEPA
What is SEPA?
SEPA stands for Single Euro Payments Area. It’s an established system for cross-border Euro bank transfers between countries in the Eurozone and a few others which also support Euro bank transfers. SEPA aims to make these cross-border transfers around Europe as fast and efficient as a domestic transfer within your own country. Until recently, wire transfers via SEPA typically took 2 – 3 days to be processed. With Instant SEPA the system has been upgraded so now most transfers only take one working day to be cleared.
EDO is the utility token at the center of the Eidoo ecosystem. It simplifies access and interaction with different blockchains and a variety of services, including eidooCROWD, our upcoming staking feature, and Hybrid Exchange.
The DAI stablecoin comes from one of the most exciting and leading projects in the DeFi space, MakerDAO. Through their currency, platforms and tools, Maker is trying to achieve open and equal access to high-quality financial services, including fair credit for everyone.
Users can start earning interest on their DAI directly through the Eidoo wallet.
And to celebrate Black Friday in Eidoo style, there is free Instant SEPA transfers for the next two weeks. That means users can buy as much DAI or without any transaction fees.
Open or update your app here to get started! https://eidoo.app/
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