How to buy Bitcoin with Neteller

Looking for a convenient way to fund your Bitcoin broker account? This guide explains how to use Neteller to do so, and where to find platforms that accept it.
By: Jonah Keri
Jonah Keri
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He… read more.
Updated: Jun 23, 2021
Tip: our preferred broker is, eToro: visit & create account

This quick and easy guide will take you through everything you need to know about using Neteller to fund your cryptocurrency broker account. Get some tips and tricks on how to pick the best platform for you.

Where can you buy Bitcoin with Neteller?

We’ve compiled a list of the best brokers that accept Neteller as a payment method. If you just want to dive in and get started, then use one of the platforms below. Otherwise, keep reading to learn more.

1
Min. Deposit
$50
Exclusive promotion
Our score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
CySEC, FCA
2
Min. Deposit
$20
Exclusive promotion
Our score
9.3
Margin Trading with full legal compliance
Cryptocurrency staking
Various Payment options
Start Trading
Description:
Cex.io offers exchange of fiat currency for Bitcoin Ethereum, Tether, and 23 other cryptocurrencies, as well as Bitcoin/Ethereum trading against the USD.
Payment Methods
Credit Card, Debit Card, Wire Transfer, Cryptocurrencies, Skrill
Full regulations list:
3
Min. Deposit
$10
Exclusive promotion
Our score
8.7
The broker offers access to a trusted MetaTrader trading system
Pricing is ensured to be completely transparent, also providing accuracy and speed
Trade a Wide Variety of Assets with Leverage up to 1:500
Start Trading
Description:
LonghornFX is a true ECN STP broker dedicated to delivering a superior trading experience to traders no matter their level of experience. Their services are based on transparency, innovation and efficiency, ensuring an unparalleled trading experience for all.
Payment Methods
Credit Card, Debit Card, Visa, Bitcoin
Full regulations list:
LonghornFX offers high-leverage trading on a wide variety of assets. Trading with leverage carries a degree of risk which may result in losing more than your investments. Clients should practise risk management to protect themselves from losing more than they can afford when trading with leverage.

What is a Neteller Bitcoin broker?

A broker that allows you to pay with Neteller (which is an e-wallet service that’s popular in Europe). The broker executes trades for you, acting as a middleman that offers you Bitcoin at a fixed price and taking small fees for the convenience they provide.

How to deposit and withdraw via Neteller

Deposit

Here are some basic guidelines on how to deposit money with a Bitcoin broker using Neteller:

  1. Open an account with a broker that accepts Neteller as a form of payment, then verify it with a form of ID.
  2. Go to your broker’s website, and select the Neteller option on the “Add money” screen. 
  3. After that, you’ll be prompted to link your Neteller account to your brokerage account.
  4. Enter the amount of Bitcoin you want and select Neteller as the payment method.

Withdraw

If you’ve already used Neteller to make a purchase through your brokerage account, you can simply click withdraw on your broker’s website to recoup your funds. Even if you haven’t used Neteller for deposits, you can set up withdrawals with Neteller by following the steps above (as long as the platform accepts Neteller payments).

What should I look for in a broker?

You should always look for more than just one that accepts your payment method of choice. Demand great service too. Here are some key traits to look for:

  • Low withdrawal and deposit charges. The fees you’ll have to pay will vary depending on the broker or exchange you use to make trades. Our guides and reviews will help you find the most reasonable transaction fees.
  • Speed. You want to be able to make trades quickly, whenever you want and wherever you are.
  • Ease of use. The best brokers come with a simple interface so it’s easy to find what you want and to make trades. Ideally, look for one that has a good quality app as well as a website so you can access your account from anywhere.
  • A strong reputation. Look for a broker with lots of positive reviews, as the experience of other customers can be instructive as to what a platform is really like to use.
  • A verifiable track record. Choose one that has been in business for at least a few years, so you can ensure it carries a track record of reliability.

Should I buy BTC with Neteller?

Pros

  • Easy to use. Neteller is a fast, easy, and contactless way to make purchases, making it a good choice for Bitcoin too.
  • Widely used. Neteller has a huge presence, especially in Europe. If you’re already using Neteller for e-money transfers, then it makes sense to use it for Bitcoin as well.
  • Fast. Neteller is extremely fast, and transfers happen within a matter of minutes; in some cases, they can even happen instantly. 

Cons

FAQs

Can I buy Bitcoin anonymously with Neteller?
Do I need a crypto wallet?
How fast is Neteller?
Can I buy Bitcoin with Neteller instantly?
Are there low fees for using Neteller?
Can I hold cryptocurrency in my Neteller account?
Does Coinbase accept Neteller?
Can I get other cryptos with Neteller?
Is Neteller the easiest way to get Bitcoin?
What’s the biggest pro and con of using a peer-to-peer exchange?
How easy is it to find a peer-to-peer exchange that accepts Neteller?
Is using Neteller recommended for beginners?
Is Neteller a more viable payment strategy if you plan to hold Bitcoin for a while?

Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

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Jonah Keri
Financial Writer
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He now writes about stocks, cryptocurrencies, and other… read more.