How to Buy Bitcoin with Neteller in 2024
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Neteller is an instant money transfer service that makes the process of buying Bitcoin simple. We’re going to show you how to buy Bitcoin with Neteller and take a look at some of the best places to purchase it.
How to Buy Bitcoin with Neteller
If you’re looking for a simple way to buy Bitcoin with Neteller, all you need to do is sign up with a crypto exchange. You can access it online with a computer, smartphone, or tablet to quickly buy and sell Bitcoin and a range of other cryptocurrencies. The best platforms are listed below as well as a quick step-by-step guide on purchasing Bitcoin with Neteller.
1. Choose a platform
Choose a platform and fill in the registration form. You will likely need a photo ID and/or proof of address to complete the KYC process. Regulated platforms are the best and safest places to buy BTC. You can sign up with one of our top recommendations below.
2. Make a deposit using Neteller
Once your account has been verified, you’re ready to fund it. Go to the deposit page and select Neteller from the payment options available. Simply enter the amount you wish to transfer and make your first deposit.
3. Buy Bitcoin
When your funds have reached your account, you can make your first purchase. Find the trading pair for BTC and your local currency. Now create a market order to buy Bitcoin immediately, or a limit order to specify a price to buy at in the future.
Where to Buy Bitcoin with Neteller?
Which platform you use to buy Bitcoin will depend on factors such as fees and what features you want. Security and reputation are also important. You can see our top pick below.
Pros & Cons of Buying Bitcoin with Neteller
If you’re not sure whether Neteller is the right payment option for you, take a look at these pros and cons to help you decide.
Pros
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Fast. You can send and receive money instantly with Neteller.
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Secure. Neteller uses the latest anti-fraud tools and offers security features such as two-step authentication.
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Low fees. You can deposit into your Neteller account via bank transfer for a fee of only 1%. What’s more, there are zero fees on international money transfers.
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Multiple deposit options. You have choices when it comes to how you fund your Neteller account. These include bank transfer, credit or debit card, Rapid Transfer, paysafecash, and paysafecard.
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Mobile app. You can download the Neteller app for free to manage your account and send money from anywhere.
Cons
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Lack of customer support. Although there are plenty of FAQs on the Neteller website, the company doesn’t provide any way of contacting them for direct help.
Fees When Buying Bitcoin with Neteller
Funding your Neteller account will incur a fee of up to 2.5%, depending on the funding method. There are other costs to bear in mind when buying crypto, such as blockchain transaction fees and any fees charged by your trading platform, like spreads or commissions.
Is Buying Bitcoin with Neteller Right for Me?
Neteller is one of the most trusted methods of paying online. If you enjoy the convenience of fast and secure payments, Neteller could be an ideal way of purchasing Bitcoin.