How to Buy Bitcoin (BTC) With iDEAL on bitFlyer
Bitcoin (BTC) is the world’s number one cryptocurrency. When people hear cryptocurrency, they think Bitcoin. And that’s for a good reason. It was the first cryptocurrency, the first large scale implementation of a blockchain and the first digital currency to catch on globally. Bitcoin can claim full responsibility for the cryptocurrency revolution currently taking the world by storm. And with a market cap in the billions, Bitcoin is an economic force to be reckoned with.
As a cryptocurrency exchange, bitFlyer would be incomplete without Bitcoin. We want to make it easy for the world to use cryptocurrencies, and Bitcoin is the most widely known and accepted cryptocurrency, with a market capitalization larger than 50% of the entire market. As for making cryptocurrency easy, iDEAL is an ideal way to buy Bitcoin fast. It’s a direct and immediate online transfer from your bank account to the bank account of a recipient (in this case, us).
Advantages of buying Bitcoin (BTC) with iDEAL
If you are a beginner, you have nothing to worry about. Using iDEAL payment system to buy Bitcoin (BTC) is as easy as making any other online purchase. We keep bitFlyer’s interface simple so that trades are fast whether you’re a first-time buyer or a longtime trader.
The advantages of buying Bitcoin (BTC) with iDEAL on bitFlyer are:
- Purchases made with iDEAL only involve a few clicks.
- No pending transactions. With iDEAL, payments are instant, so your balance is always up to date.
- Since the payment is made instantly, you don’t have to wait while money is being transferred. This is especially important for the cryptocurrencies market, as exchange rates are changing constantly.
- With our Instant Buy feature, you’re able to buy BTC instantly without waiting for a seller.
- There’s no need to make an account on iDEAL. The amount of your purchase is transferred directly from your bank account to bitFlyer. All you have to do is log in to your bank account and confirm your purchase when iDEAL opens the payment portal.
- Our platform and app are easy to use, with no jargon and no clutter.
- Safety and security are guaranteed.
Steps to Buy Bitcoin (BTC) With iDEAL on bitFlyer
With bitFlyer, you can buy BTC right away!
Here’s what you have to do:
- The first step is to create an account on bitFlyer. You’ll be asked to verify your email address and provide some personal details.
- Log in to your account and head to Instant Buy.
- Select Bitcoin (BTC).
- Enter the amount of Bitcoin (BTC) you are planning on buying, or select a predefined amount based on our users’ popular choices.
- Select iDEAL.
- iDEAL will take you to your bank’s website or mobile app where you can log in to confirm your purchase
- iDEAL will return you to bitFlyer when your purchase is complete.
Congratulations! You’re the proud owner of Bitcoin. Use it wisely!
Other Methods to Buy Bitcoin (BTC)
Unfortunately, not all banks support iDEAL, but we offer Giropay and Sofort, which are similar instant transfer services. Otherwise, you can always use your credit or debit card.
We also accept SEPA bank transfers so that users can keep their accounts stocked with fiat for trades. SEPA transfers can take a few days to complete, but it can be a convenient way to automatically add to your cryptocurrency investment portfolio each month.