author image
Austin Jacob • May 20th, 2020

Sell Bitcoins Via SEPA Transfer

Selling Bitcoins via a SEPA/bank transfer is likely the lowest option available.

This method is a great option for people taking profits from Bitcoin due to:

  1. Quick Delivery Speed (1-2 Days)
  2. Lowest Fees of Any Method
  3. Easy For Beginners

Below are your options for selling Bitcoin via SEPA.


Coinmama Review

Coinmama recently added the option for selling Bitcoins via SEPA transfers. They’re an extremely reliable exchange/brokerage that has been around since 2013 and are dedicated to being the best and easiest cryptocurrency service out there.

When selling Bitcoin via SEPA on Coinmama, expect to pay around 3%-5% fees.


Bitpanda also allows for the selling of Bitcoin and other cryptos via SEPA. They charge around 1.3% fees for this, which is about as low as you will find anywhere.

In order to sell Bitcoin to SEPA on the brokerage, you’ll need to sell the Bitcoins to your fiat wallet. Once the Bitcoin is converted to fiat, you are able to withdraw to your bank account.

Bitpanda also offers the option to sell Bitcoins to Skrill, other bank transfers, and more.


Coinbase Home Page

Coinbase is one of the most popular cryptocurrency exchanges in the world. Since their start, they’ve offered the option to sell Bitcoin to your bank account through a SEPA transfer. They also offer the option to sell to Paypal or other bank transfers.

For fees, Coinbase charges 1.49% fees when a SEPA transfer is done on the brokerage. They also offer an exchange via Coinbase Pro which has lower fees.

This exchange can be slightly harder to use for beginners, which is why we don’t recommend them higher.

Frequently Asked Questions

Why use a SEPA transfer?

The main advantage of using a SEPA bank transfer is the lower fees and much larger limits. Unlike their credit and debit card processing, Coinmama doesn’t have a fee when a SEPA transfer is used.

Some banks do charge a small processing fee, so if this is an issue check before. As far as delivery speed, SEPA transfers usually take 1-2 days, not including weekends.

Do I Have To Pay Tax on Bitcoin SEPA Sales?

Absolutely. While the exact rules/system may vary from country to country, you are responsible for reporting your profits (or losses) from Bitcoin.


Overall, SEPA bank transfers are a great option for people wanting to sell their Bitcoin. Other options include selling for cash, to a card, or via Paypal which all usually incur much higher fees.

For more information on selling Bitcoin, please check out our full selling Bitcoin guide.

No Comments Yet

shape shape shape shape shape shape shape