Buy Litecoin (LTC) with Giropay on bitFlyer

How to easily buy Litecoin (LTC) with Giropay on bitFlyer

Litecoin is one of the earliest and most popular cryptocurrencies. The programmer that developed and released the coin, Charles Lee, said that he designed it to be the “silver to Bitcoin’s gold.” While the goal of being second only to Bitcoin, the king of the market, hasn’t been achieved, Litecoin has by no means been a failure.

It is consistently ranked in the top five and top ten cryptocurrencies, holding ground with a stable market share of around 5% since its creation, even as other coins rise and fall in popularity. With a market cap hovering around $5B since early 2018, this cryptocurrency is no joke.

So, how can you get your hands on Litecoin? With bitFlyer, Litecoin can be bought with a simple Giropay payment. Read on to find out how.

 Advantages of buying Litecoin (LTC) via Giropay

Giropay is a natural choice when it comes to buying Litecoin. It has been operating in Germany since 2006 and had already processed over 100 million euros in payments by mid-2007. The payment system has become nearly ubiquitous in Germany since then, with many German banks partnering with them to offer quick and reliable internet purchases. 

Giropay offers several advantages over other ways of paying on the internet:

  • You’ll be able to get your Litecoin with peace of mind. Giropay is safe and has the track record to prove it. The system processes millions of payments monthly and has facilitated billions of euros worth of transactions.
  • With Giropay, there’s no waiting on bank transfers to be completed. When you’re buying and selling Litecoin, minutes can mean the difference between an advantageous position and a lost opportunity. Bank transfers often take a minimum of two days to be completed.
  • Giropay acts as an intermediary between the seller and your bank, you don’t have to supply your credit or debit card number, which not everyone prefers.
  • On bitFlyer, there are no hidden fees for buying with Giropay. The fees are small and we’re always upfront with what we charge.

Steps to Buying Litecoin (LTC) via Giropay on bitFlyer

First steps first, if you want to buy Litecoin or other cryptocurrencies on bitFlyer, you’ll need to create an account. bitFlyer is a financial institution licensed to operate in Europe, the US, and Japan, which (aside from making it maybe the best place to buy Litecoin) means that it’s regulated by government policies like KYC and CDD. That means that if you want to make large trades, you’ll need to verify your identity to prove that you are a real person without criminal intentions.

But if you just want to buy a small amount and get to trading quickly, you can start right away.

  • Head to the Instant Buy section and select Litecoin.
  • Select or enter the amount of Euros worth of Litecoin that you would like to buy.
  • Select Giropay as your payment method.
  • Process the payment and that’s it, the Litecoin is yours!

Other methods to buy Litecoin (LTC)

Catch a price spread that can’t be beat? If you don’t want to use Giropay, you can buy Litecoin instantly with a number of other payment options to keep trading simple and hassle-free.

We also accept: Credit and debit cards, Sofort and iDeal. bitFlyer also accepts SEPA transfers for a more comfortable approach. Send a transfer to your account so that you can have a reserve pool of funds permanently available to play with at any time.

Buy Litecoin (LTC) via Giropay with our Mobile App

Our mobile app has been developed with your convenience in mind. Available to both iOS and Android users, you can use it for more than just checking your balances. It also displays current prices and charts, as well as crypto-related news. You can even make a new account right in the app if you don’t have one yet. Head to the Apple App Store or Google Play Store and search for bitFlyer Wallet. Once it’s downloaded and installed, log in and you’ll have our crypto exchange at your fingertips.

How to buy LTC with Giropay inside the app? It’s just as easy on the mobile app as it is on our website. Just go to Instant Buy, select Litecoin and enter the amount of Euros that you want. Choose Giropay and click Buy, and the coins are yours. Our mobile app lets you take the speed and power of bitFlyer with you wherever you go. Great price point? Buy instantly! Wherever you are, whenever you want. With bitFlyer Wallet, nothing can get in the way of your trades.

bitFlyer App

Buy other available cryptocurrencies

Of course, Litecoin isn’t the only crypto of interest. To make trading easy, we offer seven of the most popular cryptocurrencies to traders in Europe: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Lisk (LSK) and Monacoin (MONA).

If you’re ready to start trading, make an account today. You can buy Litecoin or any of our other cryptos with a simple Giropay payment and get to trading securely and quickly.

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