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What is Giropay?

Giropay is a popular payment system in Germany, and the official implementation of several German banks for online banking. Similarly to its competitor Sofort, Giropay acts as a wrapper for a user’s online banking that secures SEPA bank transfers.

Advantages of buying cryptocurrencies with Giropay?

Giropay offers merchants a real-time transaction confirmation and a payment guarantee. As a result, users of Giropay can buy goods and services on the internet instantly. If you buy cryptocurrencies like Bitcoin, Ethereum or Litecoin, this means that you do not have to wait for the SEPA bank transfer to arrive at the exchange or broker, but that you can buy instantly.

Disadvantages of buying cryptocurrencies with Giropay?

Like all payment systems, Giropay charges merchants a processing fee which is usually passed along to the buyer. Furthermore, few cryptocurrency brokers accept payment with Giropay which means that you might need to sacrifice some features you would like to use and be willing to pay a slightly higher price.

Which cryptocurrencies can I buy with Giropay?

With Giropay you can buy the following cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Dash, Monero. Please check our exchange and broker detail pages to learn more.