Sofort is a fairly popular deposit method to buy Bitcoin. It is reliable, secure, direct, affordable, and fast, making online bank transfers simple. Do you wonder where to start with a crypto site that accept Sofort? Continue below to find out..
Those looking to invest can buy a wide range of cryptocurrencies from sites that accept Sofort. You can get started with this hassle-free deposit method using your mobile device which is ready and set. Sofort supports various cryptocurrency purchases, such as Bitcoin, Ethereum, Litecoin, and XRP, among other cryptocurrencies. It was founded in 2005 in Munich, Germany, and is the leading bank transfer provider in Europe to expand further in the United Kingdom. Get started with Sofort through one of the options from our top list below.
Top 4 sites to buy crypto with Sofort
This is the toplist with the best sites to buy, sell or trade cryptocurrencies through Sofort. To learn more why a certain site is ranked the way it is, you can read our review by clicking the review button.
We generally recommend using an exchange or platform with good track record, great reputation and positive feedback from its customers. The better option for you as customer, the better ranking we give them.
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Sofort is known for its reliability and security as it has more than 15 years of experience and can handle all transaction and payment needs. Not many exchanges allow Sofort deposits, as they use other alternatives while figuring out how to use it as a popular deposit method for European cryptocurrency exchanges. Several crypto exchanges allow Europeans to purchase crypto using Sofort transfers such as eToro, Coinbase, and other cryptocurrency exchanges. It operates in around 13 markets and facilitates millions of transactions monthly. Sofort intends to simplify your banking life and reduce the amount of time you spend on financial transactions. Partnering with Sofort can be a good investment, especially in the crypto exchange, as it is a rapid and secure deposit method. Therefore, it is the ideal secure payment method for your cryptocurrency transactions.
+Sofort´s deposit method has functioned for decades – hence familiar to many users.
+Sofort has two-factor authentication hence ensuring safety as a deposit method.
+The transaction is conducted within seconds offering an instant deposit method.
+There are no additional costs to the customer when using the method.
+Users do not have to leave their bank or credit card information.
-Sofort restricts users of many countries outside Europe from accessing it.
-There are potential security concerns as customers question the encryption process.
-Sofort only utilises the Euro currency in its transactions.
-Sofort does not offer its users a payment guarantee on online transfers.
-There is a risk of a chargeback due to dissatisfied purchases.
What is Sofort?
Sofort is a real-time online bank transfer method used to make payments and online purchases that include cryptocurrencies. It offers significant savings for crypto users using brokers. Therefore, it enables traders to make instant bank deposits to their accounts and give reasonable offers for these services. Using crypto exchanges, users can make deposits and take advantage of low buy/sell spreads on the markets instead of getting high charges from cryptocurrency brokers. Those who use the system can make direct payments from their online banking with a confirmation code and entry of details without storing sensitive data on crypto sites that accept Sofort as a deposit method. The popular and trusted payment method has been around for about two decades, ensuring transactions are completed in seconds. It is an effective method due to its instant nature as it provides instant and rapid funding.
When using the platform, the transaction costs for payment are 0.9% of the transaction amount plus a fixed charge of €0.25. Notably, there is no charge for deposits made using the method on this banking platform. It makes the deposit method relatively affordable and appealing to several crypto users.
Transaction speed for Sofort
The money is transferred into the account instantly. The transactions happen within seconds, and the funds are transferred directly to the desired account. People choose it because of its rapid transfer speed, which does not delay these transactions and purchases. It is also among the several benefits of attracting new users to deposit their cryptocurrencies.
The deposit method is simple through the following steps:
1. Choose Sofort from the list of deposit options.
2. Select your bank from a list provided to you and enter the amount you would like to deposit.
3. Put in the deposit amount and press GO.
4. You will be directed to the online banking platform of your bank and confirm the transaction.
5. Finalize the transaction with a verification method of your choice, such as Face ID, Touch ID, or PIN code on your mobile device.
Which are the leading countries where Sofort is used?
Sofort is available in Europe in the following countries, including:
Germany, Belgium, The United Kingdom, The Netherlands, Poland, Italy, Spain, Austria, Finland, Switzerland and France.
Can you withdraw with Sofort?
No, you cannot withdraw with Sofort. The crypto payment service is currently only available as a deposit method. As is common with other payment processes in cryptocurrency, this method does not facilitate the withdrawal of funds.
Reputation of Sofort
As Sofort has been in Europe for a long time, it has become a popular deposit method in the region. People like it as you do not need to register an account to use the service, making the transaction process faster and more convenient for people. Also, the speed of the transaction impresses people, and they talk about how fast and secure the deposit method is. Reviews from those who have used it as a deposit method for crypto indicate that they have found it simple to utilize it in crypto sites that accept Sofort. The convenience and reliability make customers use it and increase its popularity in Europe, calling for its expansion in the United Kingdom. Also, people praise it for its reputable security that does not retain personal details.
Here are some of the most frequently asked questions that people ask about Sofort as a deposit method to buy crypto.
Is it safe to use Sofort for cryptocurrencies?
Yes. It is a secure method as it has two-factor authentication and secure encryption to protect the method.
In which currencies does the platform transact?
The deposit method is limited to utilising Euros only as it is mostly available in Europe.
Is Sofort instant?
The transactions using Sofort is instant and take a matter of seconds.
When was Sofort founded?
Sofort was found in the year 2005.
Where is the mother company based?
Sofort’s mother company is based in Munich, Germany.
Does Sofort only work on Apple devices?
No. It works on all mobile devices, including Android, Apple, and Windows.