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How to Buy Bitcoin with Neteller – Beginner’s Guide

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Wondering how to buy Bitcoin with Neteller? Electronic wallets such as Neteller have become a traditional payment method for millions of individuals across the world as they are now accepted by a large number of establishments – both online and offline – to purchase goods and services.

Meanwhile, this popular digital payments platform has recently launched a feature through which users can buy cryptocurrencies directly by using their Neteller account or by funding a brokerage account. In this article, we explain in detail the many ways through which you can buy Bitcoin with Neteller.

Key Points on buying Bitcoin with Neteller

  • Neteller offers fixed and transparent fees for buying cryptocurrencies making budgeting much easier.
  • For trades under $99.99 transactions fees start from just $0.50..
  • Neteller makes sending, holding, and acquiring Bitcoin straightforward and fast with P2P transactions also incurring a 0.5% fee.
  • We’d recommend eToro when trying to buy Bitcoin with Neteller because there are no deposit fees and it’s fully regulated by the FCA.

How to Buy Bitcoin with Neteller – Quick Steps

If you are ready to buy Bitcoin with Neteller already, here is a quick guide on how you can complete your first purchase by using our preferred cryptocurrency broker – eToro as it’s one of the best FCA brokers out there.

  1. Open an account with eToroVisit the official website of eToro and click on the green “Join Now” button. You will simply be prompted to provide some basic information to complete your registration.
  2. Verify account – eToro requires that all users go through their KYC (‘Know your Customer’) protocol. The eToro team will typically take up to 24 hours to check and approve your credentials.
  3. Deposit – Once your ID has been validated, you will be able to deposit funds into your eToro account by using Neteller. You can make a deposit by clicking on the blue “Deposit Funds” button.
  4. Buy Bitcoin – After the funds have been cleared, you can now buy Bitcoin with Neteller on eToro. First, go to the search tab located at the top of the trading platform and type “BTC”. Click on the blue “Trade” button to complete your first Neteller Bitcoin purchase.

 Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.

Why Buy Bitcoin with Neteller?

NetellerAre there good reasons to buy Bitcoin with Neteller? Here, we list five characteristics that make Neteller a great choice to purchase this popular cryptocurrency.

Straightforward Transaction Fees

Most pure-play cryptocurrency exchanges nowadays do not disclose the fees they charge for buying and selling crypto assets as they have to cope with the fluctuation of network fees and other unpredictable variables.

However, Neteller has managed to offer fixed pricing for buying crypto and this gives investors the ability to predict how much they will spend on transaction costs.

For transactions below $99.99, transaction costs are charged as a fixed dollar amount starting at $0.50. Meanwhile, for transactions of $100 or higher, Neteller Bitcoin purchases generate a percentage commission on the amount traded starting at 1.3% for gold, diamond, and exclusive VIP users.

Transfer Crypto Easily

With Neteller, transferring cryptocurrencies to third parties including your friends, family, and business associates has never been easier.

The only information you need is the e-mail address or phone number associated with the Neteller account of the transaction’s recipient to send them any amount of crypto assets you would like.

All P2P transactions generate a 0.5% fee per transaction.

Multiple Payment Methods Supported

Multiple payment methods are available to deposit money to buy Bitcoin with Neteller. In the United Kingdom specifically, these are some of the methods available:

  • Debit cards (Maestro/Visa/Mastercard).
  • Fast Bank Transfer.
  • Bank Transfer.
  • Local bank deposit.
  • Paysafe Card and Paysafe Cash.
  • Rapid Transfer.

Deposit fees vary depending on the payment method used. In some cases, no deposit fee applies while the highest percentage commission paid is 5%.

Ample Portfolio of Available Tokens

More than 30 different tokens can be bought with Neteller along with a large number of crypto crosses. These are some of the crypto assets and pairs that are currently supported by this platform.

Bitcoin Bitcoin Cash Cardano Ethereum Ethereum Classic
EOS Polygon Decentraland Stellar Lumens Compound
The Graph Bancor Synthetix Tezos Uniswap

This ample selection of tokens allows investors to diversify their portfolios by increasing their exposure to innovative blockchain projects. This can be done safely by relying on the services of a trusted provider such as Neteller, which can protect investors’ assets from unauthorized access via the Neteller Bitcoin Wallet.

Withdraw Your Crypto Assets to Another Wallet

With so many different choices available nowadays to store crypto assets safely, this provider has enabled the option of withdrawing funds from Neteller to Bitcoin wallet.

This process can be quickly and easily completed via the Neteller app. Users just have to log into their Neteller account, click on the ‘Money Out’ option and then go to ‘Crypto Wallet’. After that, the user will have to provide the virtual address of the wallet along with the amount of crypto he/she will like to withdraw.

A confirmation message will be received once the transaction has been processed. It is important to note that fees for withdrawing crypto assets from a Neteller Crypto Wallet may vary depending on the fees charged by the network that processes the operation. With this feature, users also have the possibility to send their holdings at Neteller to Bitcoin exchange.

Where to Buy Bitcoin with Neteller

In this section, we provide more details on the three providers you can use to buy Bitcoin with Neteller – including Neteller directly.

1. eToro – Overall Best Crypto Broker for Copy Trading

etoro-newCurrently serving over 20 million users from multiple corners of the world, eToro has emerged as one of the largest trading platforms in the financial industry. With this provider, investors can either opt to trade with cryptocurrency pairs that match BTC with the value of a fiat currency (USD, EUR, etc.) or they can buy Bitcoin (BTC) to hold it as a long-term investment.

The fact that eToro offers both possibilities makes this broker the top choice to buy Bitcoin with Neteller.

etoro crypto selection

Tradable Assets & Trading fees

The portfolio of available cryptos that can be traded with eToro includes a total of 42 different native tokens going from the most popular (BTC, ETH, LTC, ADA) to the most exotic (IOTA, DOGE, MANA). Additionally, eToro supports trading for a large selection of crypto, fiat, and commodity crosses including the popular GOLD/BTC cross and the BTC/ETH crypto cross.

In terms of eToro’s fees, it charges a spread that is embedded on the bid/ask price of each of the tokens and pairs supported by its platform. For Bitcoin specifically, the applicable spread is 0.75%. Other non-trading commissions apply including a 0.5% fee charged for transferring Bitcoin from the eToro trading interface to the eToro crypto wallet. The minimum commission for this type of transaction is $1 and the maximum is $50.

Social trading

Copy Trading with eToro

eToro introduced the concept of social trading, which permits interactions between all traders who have registered with the platform to share ideas, express their opinions, and even copy each other’s portfolios.

Through its flagship CopyTrader and CopyPortfolios programs, beginner investors can leverage the knowledge of more seasoned operators by copying their positions to mimic their returns. All crypto pairs and crosses with eToro can be traded with low spreads.

Aside from Bitcoin alone, users can also buy other tokens with eToro and an account can be opened with this provider with as little as $10.


In the United Kingdom, eToro is authorized and regulated by the Financial Conduct Authority (FCA) – the country’s financial watchdog – under the license FRN 583263. This means that investors can confidently operate with this provider as the firm is supervised by what is considered a top-tier financial regulator.

eToro does not charge a deposit fee and the spread charged to buy Bitcoin with Neteller via the eToro platform is 0.75%.

BTC Spread

Deposit fees

Account fees

Coin transfer fee




0.5% of transaction value



  • FCA-regulated brokerage firm
  • Ample portfolio of cryptocurrencies to be traded including Bitcoin.
  • No deposit fees.
  • User-friendly and highly intuitive trading platform.
  • Low minimum deposit.


  • eToro charges a $5 withdrawal fee.

 Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.

2. Neteller – Top-rated Digital Payments Platform

NetellerNeteller is a digital payments platform owned and operated by Paysafe – a world leader in payment solutions. This provider offers its services in more than 200 countries and it has recently incorporated a feature through which Neteller account holders can buy and sell cryptocurrencies.

The selection of cryptocurrencies that can be purchased with Neteller at the moment is quite ample and it includes top tokens such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and Litecoin (LTC) and other more exotic crypto assets such as Dogecoin (DOGE), NuCypher (NU), and Numerai (NMR).

neteller crypto 2

Users can employ their Neteller account balance to purchase cryptos and they can send it to other Neteller users by using their e-mail addresses or phone numbers. The minimum purchase at the moment stands at EUR 10 and fees vary depending on the user’s service package. Additionally, Neteller BItcoin purchases can be easily withdrawn to another wallet.

This is a breakdown of all transaction costs involved to buy Bitcoin with Neteller:

Transaction size Standard True Silver VIP Gold/Diamond/Exclusive VIP
Up to $19.99 $0.99 $0.70 $0.50 $0.50
$20 – $99.9 $1.99 $1.70 $1.50 $1.50
$100 or more 1.90% 1.70% 1.40% 1.30%

There is also a 0.5% commission charged on P2P transactions that involve sending Bitcoin to Neteller account.

Neteller is a digital payments platform owned and operated by Paysafe Financial Services, a company regulated by the Financial Conduct Authority (FCA) and authorized to operate in the UK under the license FRN 900015.



  • FCA-regulated digital payments provider.
  • The platform is owned and operated by a well-reputed company.
  • Competitive and fixed trading fees.
  • The process of opening an account with Neteller can be completed in minutes.
  • No minimum deposit is required to open an account.


  • Neteller Bitcoin withdrawal costs are not disclosed clearly.
  • This provider charges a 5% deposit fee on all methods including credit and debit cards and wire transfers.

Your capital is at risk.

3. Coinbase – Best Crypto Exchange to Buy Bitcoin with Neteller

CoinbaseCoinbase is considered the world’s largest pure-play cryptocurrency exchange with over 35 million active users and hundreds of billions of dollars in assets under custody. The company is based in the United States and it is regulated by the Securities and Exchange Commission (SEC).

Since this broker specializes in crypto trading, it offers access to a large number of assets within this ecosystem including some of the most exotic tokens out there.


UK residents are required to make an initial deposit of £50 to open an account with Coinbase. This broker does not disclose its trading fees as they vary based on multiple factors. Since cryptocurrencies are traded by using different native blockchains, costs fluctuate wildly from one network to the other.

The company (Coinbase Payments) is regulated by the Financial Conduct Authority (FCA) and authorized to operate under the license number 900635.

Debit Card Instant Buy Debit Card Withdrawal UK Bank Transfer Trading Commission
3.99% 2% FREE 1.49%



  • Pure-play cryptocurrency exchange regulated by a top-tier agency – the United States Securities and Exchange Commission (SEC).
  • The company holds an FCA license to operate in the United Kingdom.
  • Ample portfolio of crypto tokens available for trading.
  • Low minimum deposit required to open an account.



  • Trading fees are difficult to estimate.

Your capital is at risk.

eToro vs. Neteller – Which is Best for Buying Crypto?

The following table presents a comparison between the top two providers we have cited in this article for buying Bitcoin with Neteller. Four different aspects of their services will be evaluated including their fee structure, trading costs, and available tools for traders.

Crypto Assets Fee Structure Fee Applicable to BTC  Trading Tools
eToro 42 Tokens / 1 Commodity Cross / 14 Crypto Crosses / 63 Currency Crosses Spread 0.75% Social Trading, Copy Portfolios, Advanced Charting
Neteller 30+ Tokens / 30+ Crypto Crosses Fixed Fee / Percentage Fee Starts at $0.50 or 1.3% per trade (varies depending on volume) Basic Price Chart

Overall, our research shows that eToro offers a better deal to buy Bitcoin with Neteller as this broker offers a wider selection of available crypto tokens and crosses, lower trading commissions, and more advanced trading tools compared to buying BTC directly by using a Neteller account.

Additionally, eToro has recently launched a feature that allows users to stake their crypto holdings without hassle. Even though staking is only available for Cardano (ADA) and Tron (TRX) at the moment, it is highly likely that this provider will support BTC staking in the future.

How to Buy Bitcoin with Neteller on eToro – Tutorial

In this section, we provide a detailed step-by-step guide on how you can buy Bitcoin with Neteller by using our preferred cryptocurrency broker – eToro.

Step 1 – Open an account with eToro

The first step to buy Bitcoin with Neteller is to sign up with eToro by visiting this broker’s official website and clicking on the green “Join Now” button located at the upper right corner of the screen.

Once you click there, you will be prompted to provide some basic information to complete your registration or you can opt to log in by using your Google, Facebook, or Apple account.

Step 2 – Verify your Account

etoro id verification

Since eToro is an FCA-regulated entity, users must comply with the UK’s “Know Your Customer” protocols, which include providing a valid ID and proof of residence to open an account with a financial services firm or institution.

This process can be completed by accessing the “Profile” section of the account’s Settings. There, you will be able to upload all documents required to activate your eToro account.

Step 3 – Deposit funds

neteller deposit with etoro

Now it is time to use your Neteller account to fund your eToro account so you can buy Bitcoin with Neteller. To complete this operation, click on the blue “Deposit Funds” button located at the left panel of the eToro trading interface and then select Neteller as the payment method.

Keep in mind that the initial deposit to open an account must have been made by using a different payment method such as a debit card, or wire transfer as Neteller deposits are only accepted by eToro after that first deposit is completed.

Step 4 – Buy Bitcoin

buy bitcoin with neteller

Once the funds are cleared, you can go to the search tab located at the top of the eToro trading interface and type “BTC”. You will be able to either click on the security to go to its individual page in case you would like to do some more research or you can click on the blue “Trade” button located right next to the name of the asset to complete the transaction.


Bitcoin is progressively becoming the de-facto currency of the digital realm and investors should not miss out on the opportunities that buying and holding this token will bring once its adoption accelerates.

In this article, we have provided you with multiple alternatives to buy Bitcoin with Neteller. Among them, we believe that eToro stands out as the best option due to its lower trading costs, ample portfolio of available cryptos, social trading features, and highly user-friendly trading interface.


 Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.

Frequently Asked Questions on How to Buy Bitcoin with Neteller

Can I use Neteller to buy Bitcoin?

Can you transfer money from Neteller to Bitcoin?

How do I get Bitcoin on Neteller?

How do I buy Bitcoin with Neteller?

Alejandro Arrieche author check sign Pro Investor

Alejandro is a financial analyst with more than 7 years of experience in the industry. He writes technical content about economics, finance, investments, and real estate and have also assisted financial businesses in building their digital marketing strategy. His favorite topics are value investing and financial analysis. Other publications Alejandro has written for include The Modest Wallet,, and LearnBonds.


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