How long does the purchase process take on Bitcoin.de?
The duration of the purchase process depends on the payment method that is used.
Direct payment via online banking (SEPA processing)
After initiating a purchase of bitcoins or any other cryptocurrency on the marketplace, you will receive the verified bank details of the seller from bitcoin.de. Within a prescribed period, you need to transfer the purchase price via the online banking of your verified bank account to the bank account of the seller and confirm the transfer by clicking on bitcoin.de again.
The acquired bitcoins or other cryptocurrencies will be transferred to your wallet as soon as the seller confirms the receipt of your transfer. A trade by SEPA settlement is i.d.R. completed within 1-2 business days.
Automated payment processing via express trade
With an account at the Fidor Bank you can reserve bank balances to make express purchases (indicated by the green Fidor symbol) for trading on bitcoin.de . After initiating a purchase in the marketplace, i.d.R. Within a few moments the purchase will be paid from your Fidor account and you will receive the acquired Bitcoins or other cryptocurrencies without waiting.
Continuative Information:
What benefits does the Fidor bank account have for trading?