How to buy Bitcoin with Sofort on bitFlyer
Bitcoin’s popularity is undisputed. For that reason, bitFlyer allows you to explore a wide range of convenient methods of purchasing Bitcoin on our platform. Sofort is one of them. But before getting into the details of using Sofort to buy Bitcoin, let’s take a quick look at what exactly Sofort is.
What is Sofort?
Sofort is a well-reputed and efficient direct payment method used mostly in European countries. Its number of customers amounts to over 20 million—a number that’s increasing by the year. As an online banking platform, there are many advantages that attract different segments of customers.
This aspect certainly boosts the credibility of the company, being that customers are reassured of the minimized risk of fraudulent activity. Sofort minimizes all the risks related to SEPA bank transfers. Moreover, every transaction held on the platform is transparent.
In order to clear up any doubts you may have, we created this guide to help newcomers get acquainted with the clear and simple steps of buying BTC with Sofort. Here are some helpful bits of advice for our customers before buying Bitcoin:
- For each new customer, bitFlyer provides a dedicated BTC wallet, linked to the user’s account. So that they don't have to worry about getting one before starting to trade.
- bitFlyer is quite flexible when it comes to transferring some BTC. if the users want, they are able to register an external address in order to send some BTC there. In the same time, they can also retrieve their own BTC wallet address in order to receive some BTC on their bitFlyer account/wallet
- Bitcoin’s market price is evolving all the time. Therefore, it is important to watch the price carefully. It could change in the blink of an eye.
- bitFlyer provides the essential for the users so that they can focus on actual trading!
Advantages of buying Bitcoin (BTC) with Sofort
bitFlyer is a globally recognized crypto-trading platform that offers online services throughout Europe, the US and Japan. We are licensed to operate in many countries around the world and aim to make access to cryptocurrencies easier and faster for everyone. It is possible with the usage of Sofort as a payment method.
What are the advantages of buying BTC with Sofort on bitFlyer? Here are a few to mention:
- Speed! Thanks to Instant Buy & Sofort, you can quickly react to the market and buy some Bitcoins with just a few clicks!
- You buy the amount of Bitcoin that you want, at the price displayed, without hidden fees
- You can rest assured knowing that suspicious criminal activity will be deterred in all its forms.
- The crypto trading process is made simple. Sofort provides a straightforward process of buying any type of cryptocurrency, including Bitcoin. It is easy to understand for newcomers to the crypto industry.
- If you are upgraded to Trade Pro class, you can enjoy limitless deposits and withdrawals!
Steps for buying Bitcoin (BTC) with Sofort on bitFlyer
Buying Bitcoin with Sofort at bitFlyer is as easy as it gets! Let’s take a detailed look at each step.
- The first step to take is to create an account at bitFlyer. If you have an existing account, simply log in with your username and password. If you want, provide all the requested information and documents to be upgraded to trade pro and benefit from limitless deposits and withdrawals.
- Choose the exact amount of EUR you want to invest or the appropriate amount of Bitcoin you want to buy.
- Go to the "Instant Buy" Section and select the cryptocurrency you would like to buy, in this case: Bitcoin.
- Select or enter the amount of EUR you would like to invest in.
- Select "Sofort" as the payment method that you will use.
- Proceed to the payment and that's it! You have bought some Bitcoins with Sofort, that was easy right?
Other methods of buying Bitcoin (BTC)
Looking for the best payment method to buy Bitcoin? bitFlyer provides different options for its customers other than buying Bitcoin with Sofort. Let’s review a few of them.
One of the most efficient and popular methods is buying BTC with a debit or credit card. It is an exceptionally popular method among VISA and MasterCard holders. Aside from Sofort, we also recommend the usage of other direct money transfer methods like Giropay and iDeal. These options are the fastest methods to buy Bitcoin and can be easily accessed in the “Instant Buy” section.
Direct bank transfer or SEPA bank transfer is another convenient option you may like to get familiar with. Also, in the case that you have an Ethereum or another kind of cryptocurrency in your account, you can exchange them with EUR to buy Bitcoin afterwards.