Coinmama , the Slovakian provider of digital currencies, has expanded its business model to include Bitcoin purchasing, as shared in their company announcement.
With the SEPA (Single Euro Payments Area) countries in mind, Coinmama is now open to buying Bitcoin from customers spread across 37 European nations. As stated, 'We’re excited about expanding Coinmama as your platform for selling Bitcoin, too.'
Coinmama, previously recognized for enabling global Bitcoin purchases, is now broadening its scope by allowing sales back to them.
Coinmama announced that users who possess SEPA-compatible bank accounts can engage in single Bitcoin transactions of up to $12,000, bypassing any additional fees for SEPA bank transfers.
The company has plans on the horizon to launch this service
globally, predicting its availability beyond the SEPA confines
in the near months.
Post-transaction, the funds should
arrive in the customer’s SEPA account within two business
days.
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