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What is Sofortüberweisung?

Sofortüberweisung, also known as Sofort, is one of the most popular payment systems in Germany. Sofort thereby acts a a wrapper for an users online banking and ensures that all SEPA payment details are correct. Sofort is a subsidiary of the Swedish Klarna Group.

Advantages of buying cryptocurrencies with Sofortüberweisung

The biggest benefit when using Sofort to buy cryptocurrencies like Bitcoin, Ethereum or Litecoin is that your payment is confirmed instantly. Therefore, there is no need to await the settlement of your SEPA transfer.

Disadvantages of buying cryptocurrencies with Sofortüberweisung

Sofortüberweisung charges merchants an average fee of about 2€ per payment. Brokers accepting Sofort usually pass these fees along to their customers. Sofort is, besides that, less accepted than other payment methods, limiting you to a hand full of European cryptocurrency brokers.

Which cryptocurrencies can I buy with Sofortüberweisung

With Sofort 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.