How to Purchase and Exchange Cryptocurrency Using Neteller in 2022

by | Jan 28, 2022 | 0 comments

NETELLER, a renowned digital wallet service that is affiliated with the Paysafe Group, is now allowing its customers to immediately buy and trade cryptocurrencies. In this guide, we will see how to purchase and exchange cryptocurrency using Neteller. The new cryptocurrency service from NETELLER is already available in ten countries, with ambitions to expand to more than 50 other regions in the following months and years, as well as to the NETELLER mobile app. Customers can start buying and selling cryptocurrencies quickly and easily thanks to the speed and efficiency of creating a new user account. As of today, NETELLER customers can buy, store, and trade cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin using any of the 28 fiat currencies accessible in the NETELLER wallet.

How to purchase and exchange cryptocurrency using Neteller in 2022

Purchasing cryptocurrency using Neteller is simple and effortless.

  • Log in to your Neteller account. If you don’t have an account, click here to learn about how to create a Neteller account with some simple steps.
  • Look at the menu on the left side of the Neteller dashboard and click on the Crypto tab. A list of all currently available cryptocurrencies and their current exchange rates will be displayed. Click the “Trade” button at the right end of the coin you want to buy.
  • After choosing your cryptocurrency, there will be a transaction form appears on the display. There is a box labeled “From” at the top of the page in which you have to choose which fiat currency you would like to use to buy your cryptocurrency and then enter the amount you want to spend. There is a total of 28 fiat currencies ranging from US Dollar to Euro and many more.
  • You can then change the amount in the “To” box and see the total amount you are spending along with the current exchange rate. The up-to-date exchange rate is generally shown on the right side of the screen.
  • In the “More Details” box, all information, including fees and the final amount of the exchange will be displayed and you have to click on the “Complete” button to finalize purchasing your cryptocurrency.
  • Upon clicking the “Complete” button, you will see a transaction summary such as transaction ID, exchanged amount, cryptocurrency amount, exchange rate, commission, and total amount. Once the exchange is confirmed, your crypto balance will appear in 1-2 seconds and you can check the balance on your account overview.

Neteller fees and limits when buying and selling cryptocurrencies

The minimum amount of exchanging cryptocurrency depends on the specific cryptocurrency but it will be no less than equivalent to 10 EUR and the maximum amount depends on the transaction limits set to your account. There is a 1.5% commission on buying and selling cryptocurrencies with EUR and USD. The commission fee goes higher to 3% if you use any other type of fiat currency. Moreover, it is possible to transfer the available cryptocurrency balance to other Neteller members using their email addresses or mobile number. And, you can even use your cryptocurrency balance to exchange any of the other available cryptocurrencies. As this service is not available to all countries, you may not find the “Crypto” tab in the Neteller menu. You can check the “Terms and Policy” of using the cryptocurrency on the official website of Neteller.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Related posts

Compare the 6 Best eWallets of 2022

Compare the 6 Best eWallets of 2022

When it comes to eWallets, a lot of options are available to choose from. It can be difficult to decide which one is the best for your needs. In this blog post, we will compare the 6 best eWallets of 2022. One of the most important factors to consider when choosing an...

How to Make the Most of Your Casino Deposits [2022]

How to Make the Most of Your Casino Deposits [2022]

Making a casino deposit can be a bit confusing if you are not familiar with the process. There are many different ways to make a deposit, and each method has its own set of benefits. In this blog post, we will discuss the different methods you can use to make a casino...

3 Tips to Keep Your Online Payments Safe and Secure

3 Tips to Keep Your Online Payments Safe and Secure

When it comes to online payments, safety and security should be your number one priority. Online payments are a popular way to pay for goods and services. With the rise in online shopping, the need for secure payment methods has also increased. In this blog post, we...

Best eWallets in Uganda [2022]

Best eWallets in Uganda [2022]

Best eWallets in Uganda The Bank of Uganda is one of the organizations striving for a cashless society. Smartphone technology has made mobile money services (MMS) more viable, and efficient MMS adoption has benefited Uganda's financial inclusion in both rural and...

Best eWallets in Kenya [2022]

Best eWallets in Kenya [2022]

Best eWallets in Kenya Transformation in Financial Services of Kenya in the 21st Century While the technology of eWallets, which nowadays is a fixated feature in most smartphones isn’t new but dates back to more than a decade earlier when the story in Kenya began in...

Best eWallets in South Africa [2022]

Best eWallets in South Africa [2022]

Best eWallets in South Africa Growing Demand for Digital Money and eWallets in South Africa Africa has become the home to mobile money where the trends of digital wallets and digital applications can be seen in full swing. Some of the major reasons behind this...

Best eWallets with Debit Cards [2022]

Best eWallets with Debit Cards [2022]

eWallets with Debit Cards Digital wallets are online payment systems that typically take the shape of an app. Since the wallet keeps virtual versions of debit, you shouldn't need to enter your card data or carry a physical card to make transactions. You might even...

Best eWallets in Nigeria [2022]

Best eWallets in Nigeria [2022]

The implementation of digital wallets has aided in transforming Nigeria into a cashless transaction and overcoming the sense of uncertainty and widening the digital economy. We've lately seen the rise of a variety of digital wallets designed to address the...

Top eWallets in Malaysia [2022]

Top eWallets in Malaysia [2022]

Top eWallets in Malaysia eWallet is one of the most well-known electronic payment methods available currently. Several nations have already made electronic wallets available to their clients as an element of their everyday purchasing transaction choices. In Malaysia,...

How to Withdraw Money from Neteller [2022]

How to Withdraw Money from Neteller [2022]

How to Withdraw Money from Neteller In the realm of digital wallets, Neteller is a household brand right now. The Paysafe Group, formerly known as Optimal Payments PLC, owns and operates it. It began as a payment option in a small number of nations when it was...