Buying Crypto Made Easy with Payoneer | Safe & Quick

buy crypto payoneer
Mike Harry
Feb 2024
4 min read
Fact checked

Summary: Payoneer customers that wish to invest in cryptocurrencies like Bitcoin and Ethereum should consider signing up with FinCEN regulated platforms such as eToro. This user-friendly platform is perfect for beginners and offer 1,000s of digital assets while being regulated in the US. The sign-up process is fast and easy, and once completed, you can deposit money securely from your Payoneer account to start investing in cryptos like BTC, ETH, SOL, ATOM, ADA, DOGE and more!

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Can I Buy Crypto With Payoneer?

While it is not possible to buy cryptocurrencies directly from Payoneer, you can easily signup to regulated cryptocurrency exchange like eToro or Uphold and deposit funds from your Payoneer account.

Buy crypto with Payoneer & eToro
Buy crypto with Payoneer & eToro

How To Buy Crypto With Payoneer?

To get started with trading cryptocurrencies, the first step is to sign up for a safe and regulated exchange such as eToro.

These platforms are highly recommended as they are beginner-friendly and easy to navigate while offering a wide range of 100s of cryptocurrencies.

Once you have successfully signed up and connected your Payoneer account, you can make your first deposit.

It's worth noting that bank deposits (ACH) are free of charge whereas credit/debit card transfers come with small fee.

Once your deposit has been processed and funds have been successfully credited to your account, you can start trading cryptocurrencies such as Bitcoin, Ethereum, Solana, and many others.

How to sign up

1. ‍Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Payoneer account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
Buy Bitcoin with Payoneer & eToro
Buy Bitcoin with Payoneer & eToro

Does Payoneer allow crypto purchases?

Payoneer is not involved in providing any products or services related to cryptocurrencies but does allow it's customers to deposit funds to regulated exchanges.

Buy crypto with Payoneer Credit Card?

Payoneer customers are permitted to use their debit or credit cards to deposit fiat currencies into regulated cryptocurrency exchanges, which facilitates the process of buying and selling cryptocurrencies.

It is recommended to use regulated exchanges to avoid any possible issues that may arise while depositing or withdrawing funds.

Is Payoneer crypto friendly?

Payoneer has been known to not restrict deposits and withdrawals to and from these regulated exchanges.

Although Payoneer does not offer any crypto-related services at the present time, it does not prohibit its customers from engaging in cryptocurrency trading via third-party providers.

About Payoneer

Founded in 2005 and based in New York, Payoneer was established with a vision to empower businesses to go beyond borders, limits, and expectations.

The company had more than 1,500 employees spread across multiple international offices, including locations like Hong Kong, Tokyo, Manila, Tel Aviv, and Bangalore.

Payoneer website
Payoneer website

From the onset, the company has aimed to facilitate global commerce by connecting businesses, professionals, countries, and currencies with its cross-border payment platform.

Payoneer serves millions of customers across more than 200 countries and territories and could handle transactions in over 150 currencies.

Payoneer has had a significant impact on global e-commerce and the gig economy. By making it easy to transfer money across borders, it has empowered businesses to expand their operations internationally.

It has also provided a reliable payment solution for freelancers and professionals working with international clients.

eToro

+3000 Cryptos, Stocks, ETFs

0% Fees on Stocks & ETFs

30M Users & 140 Countries

Regulated & Safe Platform

Visit eToro
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Author
Mike Harry
Mike is a passionate crypto enthusiast who bought his first Bitcoin in 2016. With a natural curiosity and a love for learning and tinkering, Mike is always trying out new DeFi applications. Mike excels at breaking down difficult concepts into easy-to-read guides for beginners.

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