Buy crypto with fiat
A great thing to know about Iron: transfers face fewer bank checks than with Kraken, Binance, or Coinbase, since the funds move between accounts in your own name rather than to a crypto exchange, which banks often view unfavorably.
Iron - Acquired by Moonpay
Available fiat currencies: 🇪🇺 EUR & 🇺🇸 USD
Available cryptocurrencies: USDC.
Available networks: Arbitrum One & Base.
Fees:
Iron's fee: 0.4%
Banking fee:
SEPA: 0.20 EUR
ACH: 0.50 USD
Wire: 25 USD
SWIFT: 25 USD.
RTP: 1 USD.
Daily limits: no.
Virtual accounts: yes.
Payment methods: SEPA, SEPA Instant, ACH, Wire - SWIFT & RTF are coming soon.
Every virtual account generated is in your name. For example, if your name is Paul Joe, the account will be registered under Paul Joe, and you'll send funds to yourself to buy USDC.
Every USD/EUR transfer to this virtual account is automatically converted into USDC on the network of your choice. To clarify: you send EUR/USD from your personal bank account, and USDC is credited to your Mass account with an automatic conversion along the way.
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