Can I buy Crypto with Neteller?
You can invest in over 28 cryptocurrencies on Neteller platform, but we recommend avoiding investing in digital assets with this method. Neteller charges users an extremely high 1.9% fee to buy or sell crypto and an additional deposit fee of 1% - 2.5%.
The fees to use the Neteller platform are well above industry average and highlights the main reason why they are not a popular venue to invest in the asset class.
How to buy Crypto with Neteller
The best way to buy Cryptocurrencies with a Neteller account is with a licensed exchange that accepts Neteller deposits. The largest and most trusted exchange that is compatible with that payment method is eToro, which boast over 18 million users across 140 different countries.
You can get started in 4 simple steps with the guide below:
- Sign up to the eToro platform and verify your identity (personal or company).
- Select the 'Deposit Funds' button on the bottom of your screen to deposit funds from Neteller with any fiat currency
- Once the funds hit your account, find the Crypto you want to buy on the platform.
- Input the amount you want to buy and execute your trade.
Neteller is an online payments platform and digital wallet that allows users to transfer money and make online payments. It is owned by Paysafe Group, a publicly traded company on the London Stock Exchange. Neteller has been in operation since 1999 and has over 20 million account holders worldwide. It's regulated by the Financial Conduct Authority (FCA) in the United Kingdom and has a strict anti-fraud policy.
It is available in 190 countries and supports over 22 currencies. Neteller also offers a prepaid Mastercard, which can be used to withdraw cash at ATMs or make purchases anywhere Mastercard is accepted. Neteller also offers buyer protection for certain types of transactions. The platform also offers its own cryptocurrency investing platform.