We provide a detailed guide on how to buy Bitcoin with Neteller. There are quite a few sources for your crypto trading if Neteller is your main deposit/purchase option. The payment system offers very high flexibility for crypto traders as it facilities several ways to instantly load money online. Neteller is currently available in these exchanges as a deposit/withdrawal option:
There are also few other platforms which we shall mention in this Neteller Bitcoin guide, like LakeBTC and even a few more. Additionally, we pros and cons for each site in relation to how Neteller is utilized.
Neteller Card and Fees
Crypto traders have the option to use Neteller card and fees are not that high depending on chosen payment methods. The card has an annual maintenance fee of $10, lower than most MasterCard costs held by other payment providers.
Traders should also account for 3.99% for exchange fees when transferring one fiat currency into another. On money transfers, a 2.5% fee is attached to all payment options, some of which include:
- Credit cards
- Bank transfers
- many others
Buy Bitcoin with Neteller at BitPanda
For European crypto traders, one of the best options they have would be to buy Bitcoin with Neteller at BitPanda. The exchange concentrates on EUR payments and thus, Neteller comes as a natural choice. Depositing and withdrawing funds at BitPanda is possible in few fiats, including EUR, GBP, and CHF. Moreover, the platform does not charge additional fees on deposits. It rather takes its share out in trade costs and exchange rates.
Only fully verified users can buy Bitcoin with Neteller at BitPanda at this moment. Although some other methods are available for light verified users, Neteller is reserved for those that provide scanned ID. Additionally, US crypto investors cannot buy Bitcoin at BitPanda nor is USD available as Neteller fiat currency.
– Instant access to Bitcoin through Neteller
– No additional charges for Neteller deposits
– Verified users only can use Neteller
– US (and USD) traders are restricted
Buy Bitcoin with Neteller at CoinCorner
CoinCorner is another place where traders can buy Bitcoin with Neteller. The UK-based business started operations in 2014 and is steadily growing since its beginnings. Now, crypto investors can purchase BTC using several options available to them, Neteller included.
As a starter, you have the opportunity to spend first €1,000 without verification. This includes Neteller as well. However, once you pass that limit, prepare a scanned ID to complete your profile and continue trading at CoinCorner. Neteller deposit fees stand at 3.2% while accepted fiat currencies are only EUR and GBP. There are also daily limitations of minimum 20 GBP/EUR and maximum 5,000 GBP/EUR for Neteller BTC trades.
– Ability to buy Bitcoins with an unverified account (up to €1,000)
– Deposit transactions are carried out instantly
– Neteller withdrawals are not supported
– Only two fiat currencies available
Buy Bitcoin with Neteller at LakeBTC
If you are looking for a bit bigger purchases, LakeBTC offers a simple way to buy Bitcoin with Neteller. The Chinese platform offers an abundance of payment methods and fiat currencies for its clients. At the same time, Neteller users are limited in terms of fiats and verification requirements. Namely, deposits and withdrawals through the e-payment system require scanned ID and are possible in USD, EUR, JPY, and INR.
On the other side, there are no daily limitations and Neteller offers are quite frequent. On the side of fees, LakeBTC took a nontransparent approach. Costs depend on how active you are in the market and how big the order is.
– OTC market fosters large transactions almost instantly
– Only verified users can deposit and withdraw through Neteller
– Deposit/withdrawal fee structure is not transparent
Buy Bitcoin with Neteller at LocalBitcoins
LocalBitcoins is a firm from Finland that offers a marketplace to buy Bitcoin with Neteller. The peer-to-peer (P2P) platform is an exchange where traders buy and sell BTC from each other. Thus, they are the ones that set game rules –which payment methods and fiats are available.
Neteller is not that popular at this platform but nevertheless, there are offers currently active. As seen from the snapshot, USD fiat currency is the most popular one when it comes to Neteller payments.
However, it is important to note that LocalBitcoins is much more flexible than what the current market might suggest. Traders choose whether they wish to verify their account or not. Also, with a little bit of patience, one can locate Neteller ads that use other fists, other than USD.
– Freedom to buy Bitcoins anonymously
– Exchange allows all fiat currency transfers between users
– There is a high risk of scams
Buy Bitcoin with Neteller at Paxful
Paxful is a direct competitor of LocalBitcoins and also a place where traders can buy Bitcoin with Neteller. This exchange is also a P2P marketplace where buyers and sellers transfer BTC between themselves. Much like LocalBitcoins, Paxful offers fee-less transactions for buyers, with much account flexibility included. Thus, it is possible to buy BTC with Neteller anonymously.
At the same time, Paxful is much more active than its crypto counterpart is. As seen from the snapshot below, there are many more buy ads available. Apart from USD, it is possible to use other fiats (GBP, EUR, and others) to get BTC. Read a full Paxful com review for 2020 and sign up.
– Market is active, with numerous fiats available
– Possibility to purchase BTC with Neteller anonymously
– Scams are frequent, especially with unverified sellers
Apart from the top five platforms, there are other exchanges that facilitate Neteller as a way to buy Bitcoin. Check them out, since they differ in terms of verification requirements, fees, and fiat currencies supported. These are: