What payment methods can I use for purchases on Bitcoin.de?
The payment for purchases on bitcoin.de is handled between the buyer and seller directly. Basically, there are two different payment methods available.
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 an intended term, you must transfer the purchase price via the online banking of your bank 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 receipt of your transfer.
Automated payment processing via express trade
With an account at Fidor Bank you can reserve bank balances for trading on bitcoin.de to make express purchases (indicated by the green Fidor symbol). After initiating a purchase on the marketplace, the purchase will be paid from your Fidor account within a few moments and you will receive the acquired Bitcoins or other cryptocurrencies without waiting.