Buy Bitcoin With Neteller
There are numerous advantages that Neteller has to offer to its users.
It is fast, user-friendly, secure, accepted in over 200 countries and with low fees.
Neteller can be used to purchase cryptocurrency with many leading brokerages or exchanges like 4XFX & Primeholders.
Launched in 2009, Bitcoin was the first of its kind, which grew slowly yet steadily over the years. In the last two years, the pioneer cryptocurrency has been booming constantly and this is one of the major reasons why other cryptocurrencies have followed its path. The growth in the popularity of cryptocurrencies has meant that there has been an increase in the number of websites, platforms, exchanges and wallets that provide support to Bitcoin as well as other digital currencies. Bitcoin, as the leading cryptocurrency, has gained plenty of interest as a currency used for buying and selling online.
These days, Bitcoin has gained wide acceptance and can be used for purchasing almost anything you want. A number of ecommerce websites have now added Bitcoin as an acceptable payment method, which means that it can be deposited, exchanged with fiat money or with another cryptocurrency. When you are thinking about buying Bitcoins, you will often hear people mention Neteller as a means of doing so. But, what is Neteller? It is one of the most well-known wallet platforms for electric money and was established primarily for easing the burden of smart financial transactions in this advancing digital age.
Global payments company called Paysafe Group Plc. owns and operates Neteller, which they had launched back in 1999. The e-wallet and e-money platform had been launched for overcoming the issue of conducting transactions online such as money transfers made by merchants or individuals when using social networks or when participating in the forex market. Neteller is also a useful means of withdrawing funds directly with the help of the Net+ card or it could also be used for transferring money into individual bank accounts. The Canadian-based firm had established Neteller, but in 2004, the migrated to Isle of Man.
The primary function of Neteller is to keep the funds of its customers in separate trust accounts or in its operating accounts. In almost two decades, the platform has provided people with a secure, simple and fast means of exchanging, saving and transferring money online. Both individuals and businesses alike have benefitted from its service. Reports indicate that transactions worth billions of dollars have been processed by Neteller and has helped it in becoming one of the largest independent money transferring service all over the globe.
Benefits of Using Neteller for Buying Cryptocurrency
There are numerous advantages that Neteller has to offer to its users and some of the major ones are highlighted below:
Quick and easy
First and foremost, Neteller has gained popularity because it is easy, fast and user-friendly as well. From making an account to depositing funds, withdrawing or even exchanging them, Neteller will make the entire process enjoyable for you and you will be able to conduct online monetary transactions in the most stress-free manner.
When using Neteller, you can enjoy maximum security for your funds, transaction history and also your personal details. Using this service is a guarantee that none of your financial or personal details would be asked by Neteller itself. This reduces the chances of any sensitive information being exposed to social media intruders, hackers or any nosy marketing and promotional companies.
Another major advantage that Neteller can offer to its users is the fact that it is globally accepted. It can be used in over 200 countries and is also accepted by online and even offline platforms.
You don’t have to worry about any hefty charges when using Neteller because it doesn’t charge you anything for transferring funds. What more could anyone want?
Neteller is undoubtedly credible because for nearly 20 years, it has provided users with assurance of smooth transactions, fund security and also the support of a trusted financial manager.
In terms of innovation as well, Neteller has come a long way because it also enables you to convert your Bitcoins into Neteller. If you have an existing account, you can make it happen with simply a click of a button. The service had added and approved the use of Bitcoin debit card, exchanges for Bitcoin and also Bitcoin wallet as this new payment method provides a number of options for depositing, withdrawing and transferring money.
Notable Crypto Platforms, Brokerages and Exchanges Where You Can Use Neteller
It is also possible to change your Neteller fiat curency to Bitcoin with the help of SpectroCoin. Here are the steps you have to follow if you are planning on doing that:
- The first thing you need to do is sign up on SpectroCoin and then click the deposit icon.
- The deposit options will give you a choice in terms of the currency you wish to use for making a deposit.
- You need to select the currency you want to use such as Euros and then enter the amount to be deposited.
- As far as limits are concerned, the minimum amount that you can deposit is 1 euro whereas a maximum of 1,000 euros can be deposited on a daily basis.
- After the deposit, you should scroll down to the section of electronic money and then click on the Neteller icon.
- Clicking on this icon will direct you to a log in window for Neteller.
- There, you will be told exactly how much will be deducted from your Neteller account. A minimum of 5% is charged by Neteller for deposits whereas the minimum fee it chars is about 0.50
- You should now enter your log in details and then click on the ‘Pay Now’ button that’s shown.
- You will be notified when the transaction is complete through a pop-up message. When you click on ‘Continue’, another pop-up message will appear to inform you that the Neteller deposit has been successfully completed.
- Now, you can the Account Page for accessing the amount that you have deposited. There is an ‘Exchange’ button that needs to be clicked on when you wish to exchange Neteller for Bitcoin.
- On the currency exchange page, you need to select a particular currency and the amount of money that you wish to exchange for Bitcoin. In this case, you should select the option of buying Bitcoin with Neteller.
- When you receive the currency, you need to opt for Bitcoin and then press exchange. Doing so will take you to a currency exchange summary where all the exchange details will be provided to you in order to ensure everything is in order.
- Look for any errors and if there aren’t any, you can then click ‘Confirm’.
- Your transaction pertaining to currency exchange will now be completed. You will be able to check the Bitcoin you have gotten by visiting the ‘Account’ section.
One important thing that should be noted is that if you are using SpectroCoin for buying Bitcoin with Neteller, then you will need to ensure your account on the former is verified.
If you want to use an exchange for buying Bitcoin, you will need to do some research because not all exchanges accept Neteller. Some of the best exchanges that you can use are highlighted below:
The first option at your disposal is BitPanda, which is a well-established exchange that operates from Vienna, Austria. Currently, this exchange can only be used in Europe. This means that people living outside of Europe or citizens of the United States cannot use this exchange for buying Bitcoin with Neteller. However, if you are living in Europe, this is perhaps the best option you can explore. This is because BitPanda offers you a Bitcoin wallet automatically that can be used for storing your Bitcoins and the transaction takes merely 10 seconds to complete. Hence, it is also a rather quick way of buying Bitcoins with Neteller.
The fee charged by BitPanda for Neteller is lower than the amount charged at Skrill. The price that will be provided to you on the screen is inclusive of all costs and there are no hidden charges. The best part about BitPanda is that it enables you to buy cryptocurrencies other than Bitcoin as well such as Dash, Litecoin and Ethereum. As it is a straightforward way of purchasing Bitcoin with Neteller, BitPanda comes highly recommended.
Another option that you can explore for purchasing your Bitcoin is CoinCorner, which has been operating since 2014. Its purpose is quite simple; make it easy for people to buy Bitcoin and they seem to have fulfilled this goal. They offer the option of credit and debit cards and most importantly Neteller card and their interface is quite easy to comprehend and use. You will also be able to access your own mobile wallet available on Android, iOS and Windows Phone. This makes it easy for you to know your balance and transfer Bitcoins even when you are on the go.
5% fee is charged or Neteller and withdrawal will incur charges of €150 if you are making SEPA transfers or €30 if done via SWIFT. The money cannot be deposited back to Neteller, which is something common in all exchanges. CoinCorner is regarded as a great option due to its set fee and ease of use. Those who are in the US and want to buy Bitcoin with Neteller, CoinCorner is an excellent choice.
This is a Bitcoin marketplace that plays the role of a buying or selling shield for all parties that are involved in a deal. It is very easy to use and the best part about Paxful is that it can provide you with a lot of support in case there is a dispute or any error.
Another Bitcoin marketplace, which is used rather widely is LocalBitcoins. The unique thing about it is that they don’t sell the Bitcoin themselves; instead, they only serve as middlemen that connect Bitcoin sellers and Bitcoin buyers and help them in conducting transactions. LocalBitcoins will charge a small fee for this service because this helps in ensuring that all transactions and deals are done in a proper manner and all parties are able to achieve what they were after.
However, you should bear in mind that the availability of Neteller on LocalBitcoins depends on the fact whether a seller is willing to accept it or not. If a seller does accept it, you will be able to use it for purchase Bitcoin, but if they don’t, you may have to switch to a different option.
It is up to you to decide what exchange you wish to use for buying Bitcoins with Neteller. Anyone who resides in Europe will find BitPanda to be the right choice for them whereas US candidates are better off if they go with CoinCorner. Paxful and LocalBitcoins can be considered viable options regardless of where you live, but the key is finding sellers who are ready to accept Neteller.
Pros and Cons of Using Neteller
One of the good things about Neteller is that it has now introduced the option of depositing money on the platform by making use of Bitcoin. This important announcement has been well-received because it has created hope that the future will definitely be more cryptocurrency friendly. There are several advantages that people can enjoy with this option. First, as compared to other payment methods, Bitcoins don’t really incur any charges whereas you usually have to pay 3.95% charges when credit or debit cards are being used. Secondly, the transactions can be made very quickly and there is no waiting time involved, which is also quite convenient. Furthermore, it is also worth noting that you can use it with ease and this eliminates a lot of stress and hassle. There are not any cons that we could find when it comes to using this eWallet for purchasing cryptocurrencies.
Thus, Bitcoin and Neteller seem to be a wonderful combination for various transactions, exchanges and other deals. It has become incredibly popular because it is easy, safe and also cost-effective. However, it is recommended that everyone should do their own research and then make an educated decision. Neteller services can be used in 15 different languages, which adds to its usefulness and bitcoin enthusiasts all over the world find it very appealing for buying Bitcoin online.
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