Summary: Buying cryptocurrencies with Bancontact is a simple and convenient option. We recommend using a reputable cryptocurrency exchange such as Kucoin to buy Bitcoin or other cryptos such as USDT with Bancontact. Kucoin supports over 40 fiat currencies and accepts Bancontact.
Kucoin is a regulated crypto exchange with over 600 supported cryptocurrencies, advanced features, and, most importantly, very low fees. We will also present you with the best alternative options in case you can not use Kucoin due to regulatory restrictions.
Can I Buy Cryptos With Bancontact?
Yes, buying cryptocurrencies such as Bitcoin with Bancontact is a legal, simple, and convenient way to get your hands on digital assets. The easiest and safest way to proceed is to choose a reputable crypto exchange that facilitates Bancontact transactions. For this, we recommend Kucoin.
Simply add your Bancontact and make the transaction. The best thing about buying cryptos via Bancontact is that the transactions are finalized within just a few minutes, so you can start trading right away.
How To Buy Cryptos with Bancontact
The best place to buy Cryptos with Bancontact is Kucoin, a leading cryptocurrency exchange with over 30 million users, supporting 700+ crypto assets across 200 countries, making Kucoin a leading altcoin platform. What we love about Kucoin is its simple interface and the low trading fees of 0.1%.
Follow our simple step-by-step guide below to buy cryptocurrencies via Bancontact on Kucoin:
- Visit the official Kucoin website and create your account.
- Verify your identity by providing a government-issued ID and finish the facial recognition test.
- Click on “Buy Crypto” in the top left corner and then select “Third-Party”.
- Select EUR (€) as the payment currency.
- Change the payment method, select “Bancontact,” and click on “Confirm” on the right-hand side.
- You will be redirected to Kucoins payment partner BTCDirect, where you can finalize the Bancontact transaction.
Recommended Alternatives
When Kucoin isn’t accessible in your area, consider top-tier crypto exchanges like Bitvavo and Bitget as alternatives.
Bitvavo is a fully regulated, dutch crypto exchange, focusing on the European market. With a user-friendly design, and a Bancontact integration, Bitvavo is a top choice for users seeking payments via Bancontact.
Bitget stands out as a feature-rich platform supporting over 700 cryptocurrencies. It offers Bancontact integration for easy purchases, competitive fees, and a user experience comparable to Kucoin.
What are the Fees?
Bancontact crypto purchases typically involve fees ranging from 2% to 3% based on the current conversion rate (note that the payment provider always adjusts the rates).
Kucoin excels with a generous spot market pricing structure. Its low trading fees of only 0.1% per transaction enhance its value proposition. Bitget charges the exact same fee of 0.1% per transaction (makers and takers).
In contrast, Bitvavo, despite its reliability for Bancontact transactions, imposes trading fees starting at 0.15% – a 50% increase compared to Kucoin’s rates.
About Bancontact
Bancontact is Belgium’s leading electronic payment system, offering secure and convenient transactions for millions of users. Established in 1979, it has become an integral part of Belgian daily life, allowing instant transfers between bank accounts. With widespread acceptance at retailers, online shops, and ATMs nationwide, Bancontact provides a fast, reliable alternative to cash payments. The system continually evolves, now offering mobile payments and contactless options to meet modern consumer needs.
Bancontact offers a simple and straightforward way to purchase cryptos on reputable crypto exchanges such as Kucoin, Bitget, and Bitvavo.
Bottom Line
Bancontact has emerged as a preferred method for swift cryptocurrency acquisition. The process is straightforward: select a reputable, regulated exchange like Kucoin, complete identity verification, and instantly purchase popular cryptocurrencies such as BTC, ETH, or USDT using Bancontact.
Kucoin’s fee structure is particularly competitive. With spot trading fees at 0.1% and futures fees at 0.02% for makers and 0.05% for takers, it offers exceptional value for traders.
For users in regions where Kucoin is unavailable, Bitget and Bitvavo serve as viable alternatives, each with its own set of features and fee structures to consider.
