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How to buy Crypto or Bitcoin with Neteller

How to buy Crypto or Bitcoin with Neteller

Our Summary: Neteller does allow users to buy and sell Bitcoin, Ethereum and 28 other cryptocurrencies directly through their platform. That said, they charge very high fees that start at 1.9% per trade. This is nearly 4x higher than the industry average.

If you want a cheaper alternative, we recommend the eToro platform which accepts direct deposits from Neteller accounts. Their exchange also charges zero fees and tight spreads to buy over 80 cryptocurrencies and thousands of other stocks, ETFs and even commodities.

Table of Contents

Best Neteller Compatible Exchange

Platform Highlights

  • Fast and cheap deposits from Neteller accounts.
  • Buy and sell 80+ Cryptos and over 8,000 Stocks & ETFs for zero fees.
  • Globally licensed and trusted multi-asset broker.
Neteller - eToro
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Audited Proof of Reserves
Audited Proof of Reserves

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.

Neteller Fees Schedule
Neteller Fees Schedule.

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:

  1. Sign up to the eToro platform and verify your identity (personal or company).
  2. Select the 'Deposit Funds' button on the bottom of your screen to deposit funds from Neteller with any fiat currency
  3. Once the funds hit your account, find the Crypto you want to buy on the platform.
  4. Input the amount you want to buy and execute your trade.
Fund eToro account with Neteller
Depositing 1,000 Euros to eToro via Neteller deposit.

About Neteller

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.

Andrew Chen

Andrew Chen is a lead editor and auditor of content for Buy Bitcoin Bank, with a Masters of Computer Science and extensive knowledge in cryptocurrency and blockchain technology. He has helped ensure the accuracy and quality of the platform's educational resources for new and experienced investors in the crypto space.

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