Cons of using NETELLER casino banking option. Your NETELLER account has to be funded before you can use it for depositing at online casinos. Most Australians find it convenient to use credit cards for this. But this is a costly option. NETELLER charges a fee of 1.9% upwards on. Neteller is one of the most popular and reliable gateways for investing in the Forex market. The reason behind its greater popularity. It is very easy to get this Neteller in our country and you can easily transfer money to another Neteller account or if you have a Neteller Master Card.

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

Your money in a Neteller account can be used to pay merchants, P2P to other Neteller account holders, or spent at any retailer that accepts MasterCard using the Neteller prepaid card. Using a Neteller account allows you to easily deposit and withdraw your funds to a wide variety of merchants. Wherever you live, NETELLER offers deposit options to suit your needs. Simply choose the option that's best for you and deposit funds to get started. Get started View fees Withdraw money directly to your bank account and access funds at thousands of ATMs around the world. Your money in a Neteller account can be used to pay merchants, P2P to other Neteller account holders, or spent at any retailer that accepts MasterCard using the Neteller prepaid card. Using a Neteller account allows you to easily deposit and withdraw your funds to a wide variety of merchants.

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

Quick Info: Popular Exchanges

• eToro

  • Supports Bitcoin, Ethereum & 15 other coins
  • Start trading fast; high limits
  • Clean & easy trading interface

  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

  • Crypto exchange based in Europe
  • Buy bitcoin with card, SEPA, SOFORT
  • Trusted exchange

eToro Buy Bitcoin 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.

We may receive compensation when you use eToro. Please visit eToro for its exact pricing terms.

• Offers unique copy trading feature
• Trusted echange that has been active in traditional finance
• Interface is clean and easy to use

• You cannot deposit cryptocurrency, but you can deposit with other payment methods

Read Review

Bitpanda Buy Bitcoin 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.

We may receive compensation when you use Bitpanda. Please visit Bitpanda for its exact pricing terms.

• Some of the lowest fees for buying bitcoins with credit/debit card
• Reliable and trusted broker

• Fees aren't shown openly on the site but instead included in the buying price

Read Review

If you want to buy larger amounts of bitcoin, try buying with a SEPA transfer. Or, check out more payment methods.

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.

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.

-

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.

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.

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.

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

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

-

Use Net Send

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.

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.

-

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.

Next, select the currency you wish to 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%.

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

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.

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

-

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

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.

Hit Trade to place an order.

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.

-

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.

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.

-

Chapter 5

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%.

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.

Where To Use Neteller Account

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

-

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.

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.

Neteller is an e-wallet service that has been around for many years. It is one of the most popular methods with which to make deposits and withdrawals at online betting sites.

This virtual wallet provides safe and secure transactions over the Internet from your personal bank account.

Neteller provides a layer of security in that you do not need to share bank or card details with an online casino to make use of its services.

All you need is a Neteller account to keep your betting bankroll, which can then be used to quickly and safely move money around as you see fit.

Neteller is accepted at many of the biggest and most renowned online betting sites in the UK.

Recommended Neteller Betting Sites

Rank	DE Gambling Site	Exclusive Bonus	Products	Get Started
#1	Betway	100% Up To€250	Sports Casino	Visit Site	Betway
#2	Europa Casino	200% Up To€500	Casino	Visit Site	Europa Casino
#3	Jackpot City Casino	100% Up To€400	Casino	Visit Site	Jackpot City Casino
#4	22Bet	100% Up To€300	Sports Casino	Visit Site	22Bet
#5	Spin Casino	100% Up To€400	Sports Casino	Visit Site	Spin Casino

Our recommended Neteller betting sites are all major players in the igaming industry, offering a range of first-class gambling services to UK players.

We thoroughly review and test all of these sites to ensure that players enjoy only the best possible gaming experience in the safest, most secure environment possible.

What Is Neteller?

As mentioned above, Neteller is an electronic wallet that aims to make banking over the Internet a safe, easy and convenient process.

The service acts as a virtual bank account, allowing you to fund your account from almost any source and can be used as a proxy account with which to fund your online casino account.

Flexibility

The service is useful because it allows flexibility with your money and allows you to keep all your betting transaction in one safe place. It is ideal for players who do not want to use their regular bank account to fund the online betting site.

Quick Transfers

These funds are cleared quicker than traditional methods like credit and debit cards and bank transfers. Neteller was launched in Canada in 1999 but did not make an impact on the market until 2004 when it was introduced to the UK market.

Popularity and Credibility

The service was not as popular in the USA, due, in part, to the restrictions on Internet gambling in the country, but was able to penetrate the global online market in a big way. Since 2005, Neteller is one of the leading processing payment methods for most of the major online betting sites across the globe.

Neteller is one of the easiest banking methods to use at online betting sites and consists of two stages. Firstly, players must register and verify your Neteller account and then follow the required steps to set up your e-wallet at your chosen online casino.

This account setup is very fast, although your account may be blocked until all documents and information are verified. This may seem like a headache, but once you are up and running, you will find using Neteller to be a pleasant experience.

Once everything is approved, you can fund your e-wallet from your regular bank account or credit card, which is available immediately to start using at your favorite online betting site. To make a deposit, all you have to do is find the ‘Cashier’ section of the site and choose Neteller as your banking option.

A secure window will pop up requesting you to log into your Neteller account and confirm the deposit transaction. Once this is completed, you will be taken back to the betting site.

Neteller is a fast, convenient and secure method of payment. Which is accepted by some major online betting sites across the world.

Associated Fees

It is important to note that there are small fees involved in each transaction, although the benefits you get from being able to manage your betting bankroll without the being connected to your bank account makes it worth the extra cost.

While Neteller is one of the biggest e-wallets in the world, the service is not available in the United States, and under US regulation, all American banks and financial institutions are forbidden from processing any payments made to or from Neteller.

Other countries that do not accept Neteller payments include Malaysia, Thailand, Indonesia and more although the service itself accepts users from all countries.

Advantages to Playing at Neteller Betting Sites

There are many advantages to using Neteller betting sites, and it’s not hard to see why it is a popular option for many online gamblers. Firstly, it is one of the easiest and cheapest ways to pay for purchases online.

The number of online providers that accept Neteller payments is truly impressive, and you will likely be able to use Neteller at most of your favorite websites. This makes for quick and convenient transactions between a player and an online casino.

Another advantage is its reliability and security. User accounts are protected with a 256-bit code and several firewalls, making it almost impossible to be hacked.

Each user has their own pin number and user ID that is displayed while using the account, which makes for a completely private and secure experience as no personal or financial information is revealed.

Players can also opt to receive email notifications every time a transaction is made from your Neteller account, which means you can keep track your usage and ensure that no fraudulent activity takes place. Players with a Neteller account are also able to send money to people who do not have the e-wallet.

All you have to do is supply the recipient’s email address so they can be notified once a transaction is made and completed.

Where To Use Neteller Money

Finally, using Neteller betting sites mean that depositing and withdrawing funds take just a few minutes, while the company’s customer service is second-to-none, adding to the convenience of your gaming experience.

Neteller has been around for many years and continues to grow and gain in popularity. There are many Neteller betting sites available on the Internet that allows for smooth, seamless, and safe online banking transaction between the user and the gambling platform.

Thanks to a combination of flexibility, safety, and speed plus a number of additional benefits, Neteller is fast becoming the preferred deposit and withdrawal method for online gamblers.