Bitcoin Forum

Economy => Service Discussion => Topic started by: nerox on June 22, 2019, 02:32:00 PM



Title: How to withdraw BTC from neteller?
Post by: nerox on June 22, 2019, 02:32:00 PM
i just bought $10 bitcoin from neteller
how to withdraw it? it was just to pay a bill and now i cant find any button to withdraw
thats so strange  ???


Title: Re: How to withdraw BTC from neteller?
Post by: carlfebz2 on June 22, 2019, 09:51:38 PM
It might help; https://www.quora.com/Can-we-withdraw-money-from-Neteller-to-Bitcoin-Wallet


Title: Re: How to withdraw BTC from neteller?
Post by: bL4nkcode on June 23, 2019, 03:17:37 AM
There's no way to withdraw your bitcoin on Neteller, you can only buy and/or deposit using bitcoin on your Neteller account.

And for the quora's thread above this is your only option.
You need to find a seller willing to accept Neteller fiat in exchange for Bitcoin.


Title: Re: How to withdraw BTC from neteller?
Post by: magneto on June 24, 2019, 08:14:35 PM
i just bought $10 bitcoin from neteller
how to withdraw it? it was just to pay a bill and now i cant find any button to withdraw
thats so strange  ???

As far as I know, the crypto exchange service that they run is kind of misleading.

To save costs, and to comply to regulations at a lower standard I guess, they decided that instead of allowing their customers to withdraw their crypto, in order to spend any sum of it, they would have to convert the bought crypto back into Neteller funds.

So essentially, you need to find a merchant who accepts Neteller funds to conduct this, or exchange your Neteller on Paxful/LBC at a lower rate. Neither of which is ideal, which is why I don't recommend using Neteller. Personally, I have had a pretty bad experience with them after they limited my account a year or so ago.