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How to buy bitcoin in Spain

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Bitcoin

As an EU country, Spain is building a cooperation policy in accordance with the general rules for regulating cryptocurrencies and stablecoins. However, Spanish law, unlike a number of other countries, prohibits the use of Bitcoin as payment for goods and services rendered.

Despite this, the country is not completely uncooperative: Spanish banks process payments related to the purchase and sale of Bitcoin on third-party online platforms. Among the most sought after is the Itez platform, which actively works with major cryptocurrencies and helps new investors enter the digital ecosystem and make a reliable investment in the future. On our service, you can buy bitcoin quickly and safely for euros using a bank card. Just follow the step by step instructions.

How to buy Bitcoin on Itez:
step-by-step instruction
1.

In order to buy bitcoin, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of BTC based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 30 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €30. Well, in our instructions, as promised, we will go through all the stages of purchase BTC for dollars step by step.

2.

After converting the currency to BTC, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.

3.

Verify your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.

4.

Specify the purchase amount in the Itez dialog box. Copy the recipient address - your bitcoin wallet - from the “Accept” section.

Important: you should not manually copy the bitcoin wallet address. The blockchain system does not give any information about bitcoin addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.

For example, this is how the copy address button looks like in the Exodus wallet:

5.

After copying the bitcoin wallet address, paste it into the dialog box.

Check your data — it is important to make sure that the address is entered correctly.

6.

After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.

7.

Push the “Pay” button and enter the one-time bank code in the following window. As soon as the transaction receives 6 confirmations in the blockchain network, your bitcoin wallet balance will be top-up.

Important: the transaction will wait for confirmations for time. After six network confirmations, bitcoin will be on your e-wallet; when buying with Itez it will take for about 15 minutes. This is a very good speed for the Bitcoin network since transactions in the most popular blockchain network are somewhat slower than in other networks due to its properties and high load.

8.

The transaction will first wait for confirmations from the blockchain network.

After six confirmations, the BTC networks will be yours for good; when buying from Itez, this will happen on average within 15 minutes.

This is a very good indicator for the Bitcoin network, since transactions are somewhat slower in the most popular blockchain network than in other networks, due to its design features and high workload.

Banks

According to the rating table, Spain is among the ten countries in the world with the strongest banking sector. The leading banks are Santander, BBVA, CaixaBank, Bankia, Sabadell, Bankinter, Kutxabank, Banco popular, Ibercaja, Abanca and Liberbank. These banks do not prevent transactions, but they warn about the capital gains tax that virtual money holders must pay.

Bank cards

Statistics show that about half of people in Spain pay for their purchases with debit or credit cards or prefer to use PayPal as their main payment method. The most popular payment systems in Spain are Visa, MasterCard and American Express, as well as electronic wallets, where Spanish users prefer to keep their savings.

How to store bitcoin

Due to the fact that in Spain the system of storing fiat currency in e-wallet accounts is widespread, digital currencies are equally not left without attention. You can choose an official electronic wallet for storing Bitcoin and get acquainted with the features of using each at the link below: https://bitcoin.org/ru/choose-your-wallet

Itez
About Itez

Itez is an instant bitcoin purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?

First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The average time for receiving bitcoin to a client's account is a quarter of an hour. For comparison, let's take similar services Indacoin and MoonPay: when working with them, the time it takes for bitcoin to be credited to the client's electronic wallet will take for about an hour - it depends on how busy the network is. Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the BTC value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final BTC value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.

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