How to buy Bitcoin with Neteller in 2023

This introductory guide explains how to buy Bitcoin with Neteller. Follow our simple three step guide to make your first purchase.
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Updated: May 25, 2023
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Firstly, the most important question to answer is: can I buy Bitcoin with Neteller?

Yes, you can buy Bitcoin with the Neteller app. 40+ cryptocurrencies are available to buy and store on Neteller.

Alternatively, you can use a crypto exchange that accepts Neteller deposits. We’re here to help.

How to buy Bitcoin with Neteller – a step-by-step guide

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It takes about 15 minutes to buy BTC with Neteller. Have a copy of your photo ID to hand and follow this guide to get started.

Step 1. Sign up with OKX

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We recommend OKX as the best platform to use to buy BTC with Neteller.

1
Min. Deposit
$ 50
Best offer
User Score
9.2
Log in using the app and claim the Mystery Box to receive up to $10,000 in reward
One of the top digital asset exchanges by trading volume
Serving millions of users in over 100 countries
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Payment Methods:
AdvCash, AliPay, American Express, Bank Transfer, Banxa, Credit Card, Debit Card, Discover, Mastercard, Mercada Pago, PayPal, Payoneer, PicPay, QIWI, SEPA, Simplex, Visa, WeChat, Wire Transfer, neteller, , , , , , , , , , , , , , , , , , , , , , , , , , , skrill
Full Regulations:
Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.

Step 2. Create an account

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You need an account before you can buy anything. Sign up with your contact details and a form of ID for verification.

Step 3. Make a deposit via Neteller

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Enter how much you want to deposit and select Neteller as your payment method from the list of options.

Step 4. Use the search box to find Bitcoin

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Use the search box on the home page to search for Bitcoin and the currency you want to pay in (such as GBP).

Step 5. Make your purchase

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Enter how much Bitcoin you want to buy, check the details and process the transaction. Once the payment goes through, your new Bitcoin will show up in your exchange account.

Top Bitcoin platforms that accept Neteller

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1. OKX. Best for futures and margin trading

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...

No. assets

$50

Minimum deposit

Crypto

Platform type

Pros & Cons

Stake ETH to freely mint FIFA WORLD CUP 2022 NFTs & big prizes 350+ cryptocurrencies & NFTs available across 650+ trading pairs Crypto spot & derivative markets available Pay using hundreds of local payment methods
Not available in the US Lack of fiat withdrawal options

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

2. KuCoin. Best social trading altcoin exchange

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1

No. assets

...

Minimum deposit

Crypto

Platform type

Pros & Cons

Anonymous trading with up to 2 BTC withdrawals/24 hours Wide variety of cryptocurrencies No deposit fees
Low trading volumes not suitable for big traders Doesn’t support U.S. customers You might experience delays and lags during high-traffic times.

Overview

We love KuCoin because it;s a great place for beginners to trade more than 700 altcoins. KuCoin is a social trading platform with 20+ million investors worldwide in 200+ countries.

KuCoin’s beginner zone offers up rewards up to $500 for new users. The rest of the platform has plenty of features for the crypto enthusiast: a staking service to earn money on your stored crypto, an NFT marketplace, and margin trading features to buy leveraged tokens.

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Quick answers to key questions

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Can I buy crypto with Neteller?

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Yes, you aren’t limited to buying Bitcoin alone. The only limit is which coins are available on the exchange you’ve chosen. Most crypto exchanges that support Neteller as a payment method offer 50+ cryptocurrencies and many offer hundreds more.

Is Neteller safe?

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Yes, it’s completely safe to use Neteller. The only risk to look out for is to make sure you sign up to a regulated Neteller Bitcoin broker when buying Bitcoin. Using an unregulated broker platform can put your money at risk.

How much does it cost to buy Bitcoin via Neteller?

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The standard rate is 1.50% of the transaction. You can access discounts if you are a premium VIP member.

P2P crypto exchanges are charged a fee of 0.50% of the transaction value.

Can I store Bitcoin in my Neteller account?

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Yes, you can store Bitcoin, as well as 40+ other cryptocurrencies in your Neteller account. You can also withdraw crypto to a wallet address in certain countries.

Why don’t more crypto platforms support Neteller?

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Most do, because you can use Neteller as a payment card through services like Apple Pay and Google Pay. However, some crypto platforms only accept bank transfers or credit/debit card payments.

Should I buy Bitcoin using Neteller?

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If you already use Neteller as a digital wallet to manage your money, then it makes sense to use it to buy crypto as well. The fees are competitive and it’s convenient to store your fiat and crypto currency in one place.

Using Neteller to fund your crypto purchases through a broker is a little more complicated, because not all brokers accept it as a payment method. Here is a summary of the pros and cons of using Neteller to buy Bitcoin.

Pros

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  • You can buy and store Bitcoin on the Neteller app
  • You can withdraw crypto to a wallet or send crypto to your friends
  • Competitive fees and more than 40 coins available, along with Bitcoin
  • Can use Neteller through Apple Pay and Google Pay to fund purchases with a crypto broker

Cons

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Is there an alternative to buying cryptocurrency with Neteller?

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There are plenty of alternatives, whether you want to pay through an online payment provider or go down a more traditional route. Here are some of the different ways to pay for your Bitcoin purchase.

FAQs

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Can I buy Bitcoin with Neteller on Coinbase?
Can I buy Bitcoin with Neteller on Cash App?
How do I fund my crypto account with Neteller?
Can I buy Bitcoin with Neteller instantly?
Can I buy Bitcoin with Neteller anonymously?
Can I buy Bitcoin with Neteller instantly?
Are there low fees for using Neteller?
Can I hold cryptocurrency in my Neteller account?
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?


Sources & references
Risk disclaimer
James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the... read more.