What is SOFORT?
SOFORT is an online direct payment method and works on the basis of online banking. SOFORT* payments to non German bank accounts can take up to 3 work days. The transfer time depends on the bank used.
Are you tier 1 or tier 2 LiteBit verified?
SOFORT payments to non German bank accounts can take up to 3 work days.
Are you tier 3 LiteBit verified?
When you have completed tier 3 verification instant SOFORT is activated.
Which means that orders up to a total of 1000 Euro is delivered instantly.
The bank transaction times still takes up to 3 workdays to arrive to LiteBit, but this LiteBit service allows you to get up to a total 1000 euro of new orders of cryptocurrency directly.
After the payments of previous SOFORT orders are received, the limit for instant SOFORT is reset and ready for new orders.
|Order 1||500 euro Monday||instant SOFORT||500 euro left out of 1000 euro|
|Order 2||400 euro Tuesday||instant SOFORT||100 euro left out of 1000 euro|
|Order 3||200 euro Wednesday||No instant SOFORT .
Regular up to 3 workdays applied for this order.
|over limit 1100/1000!|
|Received order 1||Wednesday on LiteBit bank account||600 euro left out of 1000 euro|
*Also applies for GiroPay