How to Buy Bitcoins with NETELLER

The Bitcoin exchange below are the best ones to use if you want to exchange NETELLER to bitcoins.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

Quick Info: Popular Exchanges

  • Popular Exchanges
  • eToro
    • Supports low-fee Bitcoin and crypto buys with Neteller
    • Deposits with Neteller are blazing fast
    • Use Neteller to withdraw fiat quickly

    This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

  • Bitpanda
    • EUR, CHF, and GBP deposits with neteller
    • No extra charges when depositing with Neteller
    • Supports Neteller withdraws

eToroeToro Buy Now Read Review

eToro is a trading platform and crypto exchange. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.

Deposits can be made quickly via NETELLER. It also offers unique features like copy trading.

This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Pros
  • Offers unique copy trading feature
  • Trusted exchange that has been active in traditional finance
  • Interface is clean and easy to use
Cons
  • You cannot deposit cryptocurrency, but you can deposit with other payment methods
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now Read Review

BitpandaBitpanda Buy Now Read Review

Bitpanda is a bitcoin exchange based in Vienna, Austria. European users can buy bitcoins with Neteller in under 10 seconds using Bitpanda. Note that the exact fees for purchasing with NETELLER are not displayed publically. You will be shown a buy price at check out and the fees for using NETELLER are included in that price.

Pros
  • Some of the lowest fees for buying bitcoins with credit/debit card
  • Reliable and trusted broker
Cons
  • Fees aren't shown openly on the site but instead included in the buying price
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High
Buy Now Read Review


neteller logo

Neteller is an e-wallet and payment services provider that operates in more than 100 countries and supports 26 different currencies. The United States and Japan are two notable exceptions.

Neteller was founded in Canada in 1999 and at one point processed payments for 85% of gambling sites on the internet. However, since its withdrawal from the U.S. and acquisition by Paysafe Group (also the parent company of Skrill) it has focused its efforts on providing instant, secure, and free transactions.

Just like its former competitor and now sister-company Skrill, Neteller offers cryptocurrency trading for some European countries within its own interface. In fact, users who are familiar with one platform will likely feel quite at home on the other.


neteller dashboard


QUICK TIP

Neteller does not allow you to send Bitcoin or any of its other supported cryptocurrencies to external wallets or exchanges. You can only transfer coins to another Neteller user. This means that you're not really buying Bitcoin, just Neteller's representation of the underlying asset. You gain exposure to its price movements, but you do not really own any Bitcoin or benefit from its decentralization, immutable ledger, or inability to be confiscated.



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Buying Bitcoin with Neteller Directly


To start buying Bitcoin using Neteller, you'll first need to deposit money into your account. Deposit fees are 2.5% across the board, though some methods are quicker than others.


neteller deposit

On the next screen you'll enter the amount you wish to deposit. You'll also be able to see the applicable limits for the selected payment method.


neteller deposit confirmation

Crypto Buy/Sell Fee
Transactions up to USD 19.99 USD 0.99 per transaction
Transactions between USD 20 – USD 99.99 USD 1.99 per transaction
Transactions above USD 100 1.50 % per transaction
Sending Crypto to Neteller User 0.5 %

If Neteller's cryptocurrency offering is available in your country, you'll see an option to Buy & Sell Crypto on your account dashboard.

To buy or sell any of the supported assets, click trade on the right hand side of your crypto account home.


neteller crypto dashboard

You can create market, limit, or recurring orders. You also have the ability to set price alerts.


neteller order types

This makes it about as easy as it can get to buy Bitcoin using Neteller.


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Sending Bitcoin with Neteller


Once you've bought Bitcoin, you can also send it to another Neteller customer.

Remember that you're not able to send it to an external wallet or exchange address.


neteller bitcoin

To send crypto to another Neteller user:

  1. Select Money Transfer on the Send section of your account, or click the Send icon next to the cryptocurrency you hold and wish to transfer

  2. Enter the recipient's email address or phone number (country code included)

  3. Select the cryptocurrency you wish to transfer from the Select Balance field

  4. Enter the amount and hit Continue

  5. Check that the transaction details are correct. This is where you will see the applicable fees and limits. If it's all good, click Confirm

If they haven't previously, the recipient will need to accept Neteller's Crypto Disclaimer.

If you send Bitcoin to an email address that is not reigstered with Neteller, your transaction will show up as Pending for 14 days. If it is not claimed during this time, it will be returned to you. You can also manually cancel a Neteller to Neteller transfer during this window.

If you're just looking to gain exposure to Bitcoin and don't require the ability to send your holdings to an external or non-Neteller wallet, this is a very simple and convenient way of doing so.

If you're not in one of Neteller's currently supported countries, don't worry, there are still a number of ways you can use Neteller to buy Bitcoin.


neteller logo

Neteller is an e-wallet and payment services provider that operates in more than 100 countries and supports 26 different currencies. The United States and Japan are two notable exceptions.

Neteller was founded in Canada in 1999 and at one point processed payments for 85% of gambling sites on the internet. However, since its withdrawal from the U.S. and acquisition by Paysafe Group (also the parent company of Skrill) it has focused its efforts on providing instant, secure, and free transactions.

Just like its former competitor and now sister-company Skrill, Neteller offers cryptocurrency trading for some European countries within its own interface. In fact, users who are familiar with one platform will likely feel quite at home on the other.


neteller dashboard


QUICK TIP

Neteller does not allow you to send Bitcoin or any of its other supported cryptocurrencies to external wallets or exchanges. You can only transfer coins to another Neteller user. This means that you're not really buying Bitcoin, just Neteller's representation of the underlying asset. You gain exposure to its price movements, but you do not really own any Bitcoin or benefit from its decentralization, immutable ledger, or inability to be confiscated.



-

Buying Bitcoin with Neteller Directly


To start buying Bitcoin using Neteller, you'll first need to deposit money into your account. Deposit fees are 2.5% across the board, though some methods are quicker than others.


neteller deposit

On the next screen you'll enter the amount you wish to deposit. You'll also be able to see the applicable limits for the selected payment method.


neteller deposit confirmation

Crypto Buy/Sell Fee
Transactions up to USD 19.99 USD 0.99 per transaction
Transactions between USD 20 – USD 99.99 USD 1.99 per transaction
Transactions above USD 100 1.50 % per transaction
Sending Crypto to Neteller User 0.5 %

If Neteller's cryptocurrency offering is available in your country, you'll see an option to Buy & Sell Crypto on your account dashboard.

To buy or sell any of the supported assets, click trade on the right hand side of your crypto account home.


neteller crypto dashboard

You can create market, limit, or recurring orders. You also have the ability to set price alerts.


neteller order types

This makes it about as easy as it can get to buy Bitcoin using Neteller.


-

Sending Bitcoin with Neteller


Once you've bought Bitcoin, you can also send it to another Neteller customer.

Remember that you're not able to send it to an external wallet or exchange address.


neteller bitcoin

To send crypto to another Neteller user:

  1. Select Money Transfer on the Send section of your account, or click the Send icon next to the cryptocurrency you hold and wish to transfer

  2. Enter the recipient's email address or phone number (country code included)

  3. Select the cryptocurrency you wish to transfer from the Select Balance field

  4. Enter the amount and hit Continue

  5. Check that the transaction details are correct. This is where you will see the applicable fees and limits. If it's all good, click Confirm

If they haven't previously, the recipient will need to accept Neteller's Crypto Disclaimer.

If you send Bitcoin to an email address that is not reigstered with Neteller, your transaction will show up as Pending for 14 days. If it is not claimed during this time, it will be returned to you. You can also manually cancel a Neteller to Neteller transfer during this window.

If you're just looking to gain exposure to Bitcoin and don't require the ability to send your holdings to an external or non-Neteller wallet, this is a very simple and convenient way of doing so.

If you're not in one of Neteller's currently supported countries, don't worry, there are still a number of ways you can use Neteller to buy Bitcoin.


-

Buying Bitcoin with Neteller on Bitpanda


Bitpanda is one of the largest and safest Bitcoin exchanges that accept Neteller.

Verified users can deposit Euros, British Pounds, and Swiss Francs. Withdrawals in each of these currencies are also possible with Neteller.

Note that deposits and withdrawals of U.S. dollars are not possible with Neteller, though Bitpanda does allow these with Skrill.

Buying Bitcoin with Neteller on Bitpanda is quite straightforward.

First, click Deposit up the top right of your homepage.


bitpanda deposit

Next, select the currency you wish to deposit.


wallet deposit

For this walkthrough, we'll deposit Euros.

Next, you'll select the deposit method. Neteller is listed here, along with its fees of €0.90 + 3.60%.


bitpanda deposit methods

Enter the amount you wish to deposit. There is a minimum of €25 and a maximum of €10,000.


bitpanda deposit amount

You'll then be shown an overview of the transaction you're about to submit. Take a look to confirm that the details are correct.


bitpanda transaction overview

Next, you'll be sent a code to your verified phone number to approve the transaction.


bitpanda confirm transaction

Once confirmed, you'll be redirected to Neteller's payment interface where you'll be able to log in to your existing account or create a new one.

Once you've confirmed the payment, the deposit should show up in your Bitpanda wallet within seconds.

Buying Bitcoin with your wallet balance is as simple as clicking Trade up the top right, just next to Deposit.


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Buying Bitcoin with Neteller on eToro


eToro is another online brokerage that supports Neteller deposits. Once you have funds in your account, you can then use them to purchase Bitcoin.


etoro dashboard

To deposit funds using Neteller:

  1. Click Deposit Funds down the bottom left of your account homepage
  2. Enter the amount and currency you wish to deposit
  3. Select Neteller
  4. Log in to your account and complete payment on Neteller's portal

Your deposit will show in your account within minutes.

To buy Bitcoin using your newly-credited funds, click BTC on your account dashboard.

You'll be taken to the following screen, where you can read up on Bitcoin news, check out the charts, or see statistics and figures.


etoro trade bitcoin

Hit Trade to place an order.


etoro order bitcoin

Here you can define the terms of your trade: how much to buy, if you wish to use leverage, set a stop loss, or take profit.


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Buying Bitcoin with Neteller on Paybis


Paybis is a cryptocurrency exchange located in the UK. Founded in 2014, it has expanded to offer service to 48 U.S. states (Hawaii and New York are not supported) and more than 180 countries worldwide.

One of Paybis's best features is that it is non-custodial, i.e. your Bitcoin goes straight to your wallet, it is not stored on the exchange.

As Bitpanda and its support for Neteller payments is not available to Americans, Paybis is an alternative worth considering for those in the U.S.


paybis neteller

Verified Paybis users need only create a new order on the exchange, enter their wallet address, and complete payment on Neteller.

Fees are quite steep, however. As you can see, you'll only end up with $454 of Bitcoin after paying $500.

Neteller takes a 3.57% fee, Paybis takes a 4.95% cut, and Bitcoin network fees eat up $2.49.


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Buying Bitcoin with Neteller on LocalBitcoins


LocalBitcoins is another option if you want to purchase Bitcoin using Neteller.

There are many offers posted on the peer-to-peer marketplace for sellers who will accept Neteller. You can also post your own buy offer at any price you like, and hopefully someone will take you up on it.

The spread (difference between the mid-market price and the price you will actually pay) begins at about 1%.


localbitcoins neteller

Note that many sellers require your Neteller funds to be marked as "gambling funds." MasterCard deposits do not allow you to use the deposited funds for gambling purposes. Visa cards are not subject to these restrictions.

As always, be sure to conduct all communication through the LocalBitcoins messaging system and never send any money before the Bitcoin is in escrow.


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Buying Bitcoin with Neteller on Paxful


Paxful, like LocalBitcoins, is a peer-to-peer (P2P) marketplace. You can open a trade with any seller who has an open offer, or create your own offer and define the price and your terms of trade.

Neteller is one of the more than 350 payment options supported on Paxful.


paxful neteller

Offers start around 8% higher than the spot price of Bitcoin, though prices are bound to fluctuate so it's worth checking back regularly or posting your own offer.