If you're looking to purchase Bitcoin with Payoneer, you'll be happy to know that it's possible! In this guide, we'll show you how to buy Bitcoin with Payoneer step-by-step.
Payoneer is a global payment platform that allows users to send and receive money in over 200 countries. It's a popular choice for online workers and freelancers, as it offers low fees and fast transactions.
You can also get a physical Payoneer card, which can be used to withdraw cash from ATMs or make purchases anywhere that accepts Mastercard.
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Buying Bitcoins with Payoneer
So, how can you use Payoneer to buy Bitcoin? The first step is to sign up for a Payoneer account. Simply go to the Payoneer website and follow the on-screen instructions to create your account.
Once you've created your account, you'll need to link it to your bank account or credit card. This is necessary to fund your Payoneer account so that you can purchase Bitcoin with it.
How to buy Bitcoin with Payoneer
You'll need to find a reliable cryptocurrency exchange that accepts Payoneer cards or accounts as a payment method. The only platforms that currently let you buy cryptocurrency with Payoneer are Paxful and Local Bitcoins. There are peer-to-peer exchanges that connect buyers with sellers who accept Payoneer as a payment method.
You need to be careful when using P2P platforms like Paxful or LocalBitcoins and make sure you're connecting with a reputable seller. You can see in the image below that each seller has reputation points, so you want to stick with the brokers toward the top.
Once you've selected an exchange and broker, simply navigate through its website and follow their instructions for purchasing Bitcoin using Payoneer. Depending on the exchange you choose, you may be able to buy Bitcoin instantly or you may have to wait for your funds to clear before the purchase is completed.
Are there Payoneer Cards for Buying Cryptocurrency?
There is no specific Payoneer Card that lets you buy cryptocurrency or give you access to particular cryptocurrency services. All Payoneers cards and accounts are generic and require that you go through the same process to buy or sell digital assets through licensed exchanges.
Buy Crypto with Payoneer via Paxful
Paxful is one of the longest running P2P cryptocurrency exchanges that accepts a variety of deposit methods including Payoneer, Zelle, Apple Pay and many others. Their platform is widely regarded to be safe thanks to their extensive vetting and onboarding of sellers and vendors.
For Payoneer buyers of Bitcoin, we recommend Paxful over other P2P platforms./
- Buy any Crypto with Payoneer
- Safe and secure sellers
- Clean and easy to use iOS/Android App
- Reputation stats make it easy to find trusted sellers
- P2P fees are 1%
The Oldest P2P Exchange for Payoneer
Local Bitcoins is the oldest P2P network for alternative payment methods like Payoneer or Payoneer cards. Their platform hosts less reputable sellers, so it can be risky - but generally you find cheaper prices to buy Bitcoin and Ethereum.
The fees are also slightly lower on Local Bitcoins and you can expect to pay only 0.5% to buy cryptocurrencies with Payoneer.
- Lower fees than Paxful
- No KYC required to onboard
- Buy Bitcoin or Ethereum
- Difficult for beginners
- Higher risk with sellers