Bitcoin is the world's most popular digital currency, and it has been gaining traction around the globe. It is an innovative form of money that allows users to securely buy, sell, and store their coins in private wallets or exchanges. This decentralized system enables peer-to-peer transactions with no third-party involvement. With the rise of bitcoin adoption, it is now possible to purchase Bitcoin with various crypto exchanges such as XEROF (FE Swiss Financial AG).

What is Bitcoin?

Bitcoin is a digital currency created in 2009 by an unknown person using the pseudonym Satoshi Nakamoto. Bitcoin operates on a decentralized network where all transactions are recorded in a public ledger called the blockchain. The blockchain technology in Bitcoin eliminates banks and other financial intermediaries, allowing users to make direct payments to each other without third-party involvement. Bitcoin is also considered a deflationary currency because of its 21 million limited supply and the fact that it has no central authority or government backing it up.

What is XEROF Crypto Exchange?

XEROF was founded in Switzerland in 2020. It is licensed and regulated by Swiss Financial Services Standards Association (VQF) as a Virtual Asset Service Provider (VASP) supervised by FINMA. This allows XEROF to provide Bitcoin/Ethereum brokerage services and other virtual currency exchange services to customers in Switzerland and worldwide. In other words, XEROF is a crypto exchange.

Can you Buy Bitcoin with XEROF?

Yes, you can buy Bitcoin with XEROF. XEROF offers the option for customers to purchase Bitcoin using wire bank transfer in CHF, USD, EUR, SEK, NOK GBP, and other cryptocurrencies like BTC, ETH, USDT and USDC. With XEROF Online clients can use the platform fast, secure with all transaction processing. The unique with XEROF is that all crypto deposits are always in segregated client crypto wallets not like other crypto exchanges that uses omni-wallets.

To buy Bitcoin with XEROF:

1. Create an Account on the XEROF website by filling in the details about yourself or your company at https://apply.xerof.com/.

2. Compliance will ask you to verify your identity using the video link they send you.

3. Compliance will send you a chatbot to answer some questions regarding the transaction.

4. When you are onboarded, you will receive a welcome letter with your segregated dedicated crypto wallet addresses and Bank accounts to send in crypto or CHF, USD, EUR, SEK, NOK GBP.

5. You will get an email with your login/password to access XEROF Online.

6. Send in the crypto or CHF, USD, EUR, SEK, NOK GBP.

7. Crypto will be debited to your account directly; CHF, USD, EUR, SEK, NOK GBP will take up to two working days.

5 Reasons to buy Bitcoin with XEROF

So far, here are five compelling reasons to buy Bitcoin with XEROF:

1. Legal and Regulated – As a VASP (Virtual asset service provider) regulated by FINMA, XEROF offers legal and regulated crypto financial services for buying and selling Bitcoin.

2. Personal Relationship manager – We don’t have a bot or fancy applications; we offer a relationship manager that assists you in all your transactions.

3. Fees – All inclusive fee on XEROF when you buy Bitcoin, and the exchange rates are sourced from over 30 liquidity providers.

4. Support – The customer support team at XEROF provides 24/7 access to their professional specialists, who can help with any questions or problems you may have while using the platform.

5. Made in Switzerland – We offer Swiss privacy, security, and banking. All email servers are highly encrypted, and servers located in Zurich offer you the highest security and privacy.

FAQs

Q: Is it safe to buy crypto like Bitcoin with XEROF?
A: Yes, it is safe to purchase Bitcoin with XEROF as they are a licensed VASP regulated by FINMA and offer secure services for buying and selling virtual currencies.

Q: How much will it cost me to buy bitcoin with XEROF?
A: The commission rate at XEROF is one of the lowest in the industry, and there is no deposit fee when you buy Bitcoin.

Q: How long does it take for my Bitcoin to arrive in my wallet after buying on XEROF?
A: Your Bitcoin will arrive in your wallet shortly after completing the transaction. Generally, it takes 10 minutes or less for the transaction to be processed and confirmed.

About XEROF

XEROF is a Swiss-licensed FinTech specialising in cryptoassets. Our Tier 1 banking network allows clients to seamlessly navigate crypto and fiat transactions to manage investments, treasury, and settle third party expenses.

Learn more about XEROF