Bitcoin Forum

Hi,

I just stumbled upon neteller, it seems to be an established quasi-bank service like paypal et al.. A lot of people trading bitcoins seem to use it. But I do lack some informations about that service. This should also be regarded as a profile for the neteller service for those who are interested in the service. Maybe someone in here has an aswer to one or more of these questions:

1. I assume that you have to identify with some sort of documents as a real person, right?
2. Would one be able to have an account with diffrent currency accounts in it, or just on currency per accout?
3. Neteller is based on the Isle of Man and under british juristinction what does that mean legaly for the account holder?
4. The US and China seem to be not quite happy about neteller (owner got arrested back in 2007 in the US). https://bitcointalk.org/index.php?topic=77776.0 (https://bitcointalk.org/index.php?topic=77776.0) Are US-citizen able to use the service?


Thanks alot!

Where do you see this occurring?

I do know that VirWoX accepts it, and from there it purchases SLL (Second Life Lindens), and from there converted to bitcoins.

And cashing out to Neteller from VirWoX and others is possible as well.

Neteller accounts can apparently be loaded with UKash, so that would make it similar to CashU which Bitcoin Nordic accepts, but I'm not aware of any other exchanges that take Neteller other than VirWoX.

I heard Netteller was not Bitcoin friendly. I don't have the  info in front of me now, but I think a friend of me had his account closed when he hassled Netteller about Bitcoin.

Well, I saw quite a few people asking to trade BTC for neteller. But maybe I got a wrong impression.


I also just heard about some people getting their account frozen for month without any notice or reaction, even after hundreds of mails sent to them, doesn't look that attractive anymore. But still, lets gather some more facts about this.