How to buy Bitcoin (BTC) with Giropay via bitFlyer
All kinds of digital cryptocurrencies are experiencing growth in value and popularity. Bitcoin is no exception. bitFlyer offers a wide range of Bitcoin purchasing methods to meet any of our customer’s needs and preferences.
Giropay has become one of the most popular payment methods for buying Bitcoin on bitFlyer. This option has a lot of obvious advantages that will be discussed in more detail. But first, let’s review some essential about Giropay
Giropay is a great solution for buying Bitcoin on bitFlyer. This payment system emerged in Germany back in 2006 and only one year later became a hub for financial operations, with transactions totaling over 100 million EUR. Giropay has become one of the leading payment systems in Europe.
Giropay offers fast, secured, and reliable online payment transactions that can be done almost in a blink of an eye.
Advantages of buying Bitcoin (BTC) with Giropay
The process of buying Bitcoin with Giropay on bitFlyer is similar to buying products online. Giropay acts as a link between your bank and the bitFlyer platform so you’re spared the tedious work of entering your credit card details each time.
But what are other advantages of using this online payment service?
- Speed. The speed of Giropay is one of the clearest pros. You can choose Giropay as the preferred payment method in the Instant buy section. Only a few clicks separate you from buying Bitcoin.
- Transparency. You can buy Bitcoin at a convenient price. Every transaction and the market price is clearly displayed, with no hidden fees.
- Security. All your payment transactions are secured by the latest SSL-encryption technologies so you can trade with peace of mind
- Simplicity. Bitcoin (and other supported cryptocurrencies) can be bought quickly. The process of buying is easy especially for newcomers to cryptocurrencies
- Limitless trading. bitFlyer traders with a Trade Pro account enjoy limitless deposits and withdrawals!
Steps to buying Bitcoin (BTC) with Giropay on bitFlyer
So what are the steps for buying Bitcoin with Giropay on bitFlyer? Let’s review them carefully.
The first step is creating your account on bitFlyer. If you already have an account, simply log in with your email and password! You have the option of providing all the requested information and documents to upgrade your account to Trade Pro and benefit from limitless deposits and withdrawals.
Choose the exact amount of EUR you want to invest in and the amount of Bitcoin you want to purchase.
Next, go to the "Instant Buy" Section and select Bitcoin as the cryptocurrency you want to buy.
- Enter the exact amount of EUR you want to invest.
- Choose "Giropay" as the preferred payment method.
- Confirm your payment and that's it! You have bought Bitcoins with Giropay.
Other methods for buying Bitcoin (BTC)
Still thinking about the best payment method to buy Bitcoin? bitFlyer offers a wide range of payment options for its customers other than buying Bitcoin with Giropay. Let’s take a look at them.
Debit and credit cards are considered to be one of the most efficient and popular methods of buying a BTC among VISA and MasterCard Holders. Thanks to its ease of use. Buying BTC with a card is just like buying anything else online. You can also try direct money transfer methods like Sofort and Ideal. These are the fastest options to buy Bitcoin and can be easily found in the “Instant Buy” section.
Direct bank transfer or SEPA bank transfer is another convenient option. If you have Litecoin or another kind of cryptocurrency in your account, you can exchange them with EUR or the fiat currency to buy Bitcoin.