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Last Update May 27th, 2020. Giropay is a popular Internet payment system in Germany based on online banking that allows customers to make purchases with direct online transfers from their own bank account.

Giropay is also a popular method of payment for buying and selling bitcoin instantly and securely.

If you are buying or trading bitcoin in high volumes with Giropay our recommendation is to use Etoro for your trading needs.

How Can I Buy Bitcoin With Giropay?

If you want to buy bitcoin using Giropay then you have to find a reputable exchange that will let you do it.

How To Buy Bitcoin With Giropay On Etoro Summary

  1. Create an account with Etoro.
  2. Verify your account.
  3. Connect your bank account and fund your trading portfolio.
  4. Go to ‘Bitcoin’ and select the amount you want to buy.
  5. Bitcoins are added to your Etoro portfolio.

That’s it! You have successfully purchased bitcoin with Giropay as the payment method.

2 Ways To Buy Bitcoin With Giropay

Etoro

Etoro Homepage - Build A Better Crypto Portfolio

Rating:

Website:etoro.com
CEO:Yoni Assia
Headquarters:London, United Kingdom
Founders:David Ring, Ronen Assia, Yoni Assia
Founded:2007
Customer service:Knowledge Base

Etoro is a multi-asset platform that offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.

Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card, and the minimum deposit amount is $50. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).

Etoro accepts deposits in USD, EUR, GBP, JPY, AUD, RUB, CNH, and CAD.

Pros

  • Diverse selection of markets
  • Excellent reputation
  • User-friendly interface
  • Great customer support
  • Low fees

Cons

  • Bitcoins can only be withdrawn in the form of fiat currency

Disclaimer: 75% of retail investor accounts lose money when trading CFDs


ReputationFeesPrivacyLimits
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Disclaimer: eToro is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

75% of retail investor accounts lose money when trading with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptocurrencies are a highly volatile unregulated investment product. No EU investor protection.

eToro USA, LLC does not offer any CFDs and makes no representations and assumes no liability for the accuracy or completeness of the content of this publication, which was created by our partner using publicly available, non-company specific information about eToro.

BitPanda

BitPanda Homepage

Rating:

Website:bitpanda.com
CEO:Eric Demuth
Headquarters:Vienna, Austria
Founders:Christian Trummer, Eric Demuth, Paul Klanschek
Founded:2014
Customer service:Knowledge Base

BitPanda has been in operation since 2013 and is based in Vienna, Austria. The BitPanda platform is straightforward and easy to use for beginners.

BitPanda accepts deposits in EUR, USD, CHF, and GBP.

Pros

  • Low fees
  • Multiple payment methods
  • Easy verification process
  • Dependable and trustworthy

Cons

  • Available to European countries only

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

What Is Giropay?

Introduced in 2006, Giropay is an internet payment system based in Germany that gives customers a real-time method for making purchases securely on the internet with online banking.

How Giropay Works

How To Make A Deposit With Giropay

In order to use Giropay to deposit with Sofortüberweisung you will need to have the following information ready.

  • Customer number
  • BSB or BLZ (Branch Code)
  • PIN (Personal Identification Number)
  • TAN (Transaction Authorization Number)

Where Is Giropay Available?

Giropay is a popular bank transfer payment method in Germany that is supported by more than 1,500 German banks.

Can I Buy Bitcoin With Giropay?

Absolutely. You can buy and sell bitcoin with Giropay on two select marketplaces, (1) Paxful and (2) LocalBitcoins.