You can buy and sell cryptocurrencies
within your NETELLER account, and also:
Make money with NETELLER buying and selling cryptocurrencies!
8 NETELLER official currencies (€, $, ₽)
The minimum amount is €10 or the equivalent in the wallet’s currency, while the maximum is limited by the status of your account.
7 cryptocurrencies, including:
Bitcoin Cash (BCH)
Ethereum Classic (ETC)
XRP and 0x (ZRX)
Buy and sell in € or $*
1.5 under any status
Buy and sell in other currency*
3 under any status
* Transactions in NETELLER are in euro by default. If your wallet is denominated in any other currency than euro, first there will be a conversion while exchanging a cryptocurrency and therefore a fee will be charged (from 1.99% to 3.99%, depending on the status of your wallet).
How to use the Cryptocurrency Service
Here you can find currency exchange, rates, fees tables, cryptocurrency price chart: per hour, per day, per week and per month.
Choose the currency of your wallet and the cryptocurrency you want to buy (or vice versa, if you want to sell). Enter the amount to exchange and you will see the amount in cryptocurrency on your screen as well as the fee.
As a result of the transaction, you will see a summary with the transaction ID, date, spent and purchased funds, exchange rate and the fee. Here you can also see the transaction history.
Your cryptocurrency balance is displayed when you hover over the “Available Balance” section above the menu.
What do you need to know about the NETELLER Cryptocurrency Service?
NETELLER is licensed and regulated by the UK financial control institution known as the FCA (Financial Conduct Authority). However, these rules cannot be applied to Cryptocurrency Service. In addition, a third party does not technically provide cryptocurrency transactions. If you have any controversial issues while using any cryptocurrency service, you will not be able to file a complaint to the FCA.
Please note: NETELLER does not create a separate Cryptocurrency Wallet for you. Purchased funds are simply assigned to your account. You can check the status of your Cryptocurrency Account in the “Available Balance” section at the top of the Wallet Menu.
NETELLER is not responsible for your decisions regarding when it is profitable to buy and sell the cryptocurrency you have. Do not forget that any cryptocurrency value is highly volatile and there is always a risk of losing your investments. Cryptocurrency transactions should be made with caution assessing the risks carefully.
The service offered by NETELLER is excellent for speculating on the cryptocurrency price: buying as cheap as possible, and selling as high as possible. Unlike the Skrill Cryptocurrency Service, there is no buy/sell Automated Order as well as notifications about the price changes. All data must be monitored manually with a more careful approach.
This service has been created for buying and selling only, and therefore you cannot:
– send cryptocurrency to another NETELLER user (but you can sell it and send the funds in the currency of your wallet to your friend);
– spend it using your card;
– upload the NETELLER merchant account.
One of the uploading options in your NETELLER account is Bitcoin. However, this is done not through a cryptocurrency service but in the uploading section, and then you will be redirected to the BitPay exchange platform.
No FCA regulation: In Europe, there is no special regulation for cryptocurrency transactions. Clients are not as protected as making transactions with electronic money now.
Be aware of financial risks as a loss of investments is possible: Buying cryptocurrencies can result in a loss of investments. Unlike ordinary currencies which are protected by the country’s economic and financial institutions and their regulations, the cryptocurrency market is regulated almost nowhere in the world and their prices depend on demand and news.
High volatility is a characteristic sign of any cryptocurrency: There are pros and cons. For example, just track the Bitcoin changes during the day: it makes big jumps up and down even for such a small period. In addition, the cryptocurrency market reacts instantly to bad news and is still not fully protected from scammers and hackers.
Crypto-Service is not provided by NETELLER: The name of the company that handles the Cryptocurrency Service transactions has not been disclosed but NETELLER warns that problems may arise not on their platform, but outside of it.
The legality of cryptocurrency is not fixed by law: Particularly, there is no law formalizing the legitimacy of cryptocurrency in Russia. The authorities sometimes express ideas to prohibit the cryptocurrency market, although at the moment there is only a ban on cashing cryptocurrencies.
Register with Weenax to get high quality support and fast verification!
You need to:
Send a request (using the field on the right) with information about your new NETELLER account to use the full package of services from Weenax.