Answer: We offer the most common payment methods, such as iDEAL, Bancontact, GiroPay/Sofort and SEPA. You can also pay with your Euro balance on our platform.
At LiteBit you can build up a virtual euro balance. You can deposit to your Euro Balance with the various payment methods listed below or by selling crypto.
iDEAL is a payment method that is widely used in the Netherlands. iDEAL can be used to pay for orders and link bank accounts. Payments with iDEAL are processed almost immediately.
Bancontact is a payment method that is widely used in Belgium. Bancontact can be used to pay for orders and to link bank accounts. Payments with Bancontact are processed almost immediately.
SEPA bank transfer
SEPA bank transfer can be used in all SEPA countries. With this payment method, it can take up to three working days before we receive payment.
Do not forget to include the unique payment reference with your transaction. Please note: we will not purchase the ordered crypto until we have received the payment. The ordered crypto will be purchased at a different rate than the one for which you confirmed it.
Do you want to be able to trade directly via SEPA bank transfer? We recommend you deposit to your Euro Balance first. The Euro balance can be used to make direct purchases on LiteBit.
EPS Uberweisung is a payment method which was developed by a number of Austrian banks. If you have an Austrian bank account you can use this payment method. Payments are processed almost immediately.
Credit card payments are possible with a Visa or Mastercard that is linked to a bank account. A credit card must be secured with 3DS and there is a limit of 1000 euros per payment. It is not possible to pay by prepaid credit card.
Update: SOFORT/Giropay was removed on Tuesday October 5th, 2021.
GiroPay/Sofort are payment methods that are used in German-speaking countries. LiteBit has stopped support for SOFORT/Giropay as of Tuesday October 5th, 2021. If you used these payment methods before you can most likely use EPS Uberweisung as well. Another option would be a SEPA bank transfer.
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