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Tag Archives: trade

How to buy Bitcoin with bank account

How to buy bitcoin with bank accounts? Read this step-by-step guide to convert your fiat currencies into your favorite digital currency.

We recently opened a new service called HolyTransaction Trade where you can buy and sell bitcoins.

This is an important feature when you need to buy or sell bitcoin immediately. You just need to create an account on HolyTransaction Trade but you can use any wallet, not only HolyTransaction.

You just need to visit HolyTransaction Trade and follow the process you can read below.

This guide will enable you to buy bitcoin with bank account.

  1. Visit trade.holytransaction.com;
  2. Select your input method (bank transfer in this case) and your output method (bitcoin);
  3. Click on the blue “Continue” button;
  4. Fill the form with your personal information: wallet to receive bitcoins, email to send the invoice, password, and amount of euros to be sent (max 600 EUR).

buy bitcoin with bank

5. If you already have an account on HolyTransaction Trade you need to fill the form with your email and password. Conversely, you need to create a new account, so you need to click on “Register a new one” as shown in the picture below and confirm the link you will receive via email.

6. Then, if you are creating a new account, you need to provide your ID card. This process of verification will last a couple of minutes.

6. Then you will need to pay the amount of Euros you decided, so you need to order the bank transfer from your bank account. You will see the IBAN where you need to send the fiat currency to.

7. Then you will see a countdown that starts from 48h. At the end of that, the operation will be completed. You will see a similar image as shown below:

NOTE: the max amount you need to buy daily is 600 EUR.  Bank transfer needs 48h to be received.

Fees are 2%.

Open your account on HolyTransaction Trade here

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
ibm blockchain oil

IBM Blockchain Oil trade platform: a new innovative project

IBM – together with a group of other companies – has announced the development of a new blockchain-based crude oil trade finance platform.

This group also includes Trafigura and Natixis bank that decided to join the creation of this new tool.

The platform was created by using code from the Linux Foundation-led Hyperledger project. Also, IBM’s BlueMix cloud hosting service is utilized.

Thanks to this trade finance platform, users can view transaction data on the blockchain that also hosts documentation and updates on shipments, deliveries and payments.

Natixis is also a member of the R3 distributed ledger consortium and isn’t new to blockchain-related trade finance applications because it also joined the “Digital Trade Chain” project a few months ago.

According to, Natixis’ head of global energy and commodities, Arnaud Stevens, the bank believes the technolgy as a high potential of bringing down expense and boosting procedural transparency.

These are his words:

“We want to use blockchain to optimize the antiquated arena of commodity trade finance. The current process is paper and labor intensive, we have multiple friction points with high processing costs and limited automation. Distributed ledger technology brings some much-needed innovation into our industry.”

This news is only the latest related to projects that aims at bridging of the blockchain and trade finance worlds.

Also, we have to say that this is an application that attracted much interest from a wide range of companies and governments worldwide, including Dubai.

In the meantime there are also several other worldwide banks that are continuing to push ahead with related projects focused on the blockchain and commodities trade.

A few days ago, in fact, Dutch bank ING is working on an oil trading pilot built on the Ethereum blockchain that has already conducted live transactions.

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio