Can I buy Bitcoin with a Netspend Card?
There is no way to buy Bitcoin or cryptocurrencies directly through Netspend All-Access or anywhere else on their online banking platform. You will need to connect to a regulated digital asset trading platform to buy Crypto with a Netspend Bank account, or with a Netspend Card.
How to buy Crypto with a Netspend Card
The best way to buy Crypto with a Netspend Card is through the eToro online trading platform. They offer fast and cheap USD deposits from Netspend account holders or Netspend card users.
You can follow this simple guide below to get started:
- Register to the eToro platform and complete your identity verification.
- Select 'Deposit Funds' and select 'Debit Card' and 'USD'
- Input your Netspend Debit Card details and the amount you want to deposit
- Deposit USD and buy Crypto on the eToro platform
Netspend Cryptocurrency Policy
The Netspend Company does not prohibit their customers from engaging with cryptocurrency trading platforms in the US that are licensed. This means you are safe to deposit USD from Netspend to exchanges like eToro to buy Bitcoin and other digital assets.
Netspend is a leading provider of prepaid debit cards in the United States. It offers a wide range of products and services, including prepaid debit cards, reloadable cards, mobile check deposits, online bill pay, and more. Netspend is licensed and regulated by the financial authorities in the US.
Fees for buying Crypto with Netspend
There are two main fees you need to consider when buying Crypto with a Netspend Account, or Netspend Card.
- Deposit Fees: The fees you pay to deposit USD to an exchange
- Trading Fees: The fee charged to buy Bitcoin with USD
With the eToro platform, both the deposit fees from a Netspend Bank account are completely free. Also - the trading fees once you have USD on the platform are completely free.
You can learn more about their fees in our extended eToro Review.