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Author Topic: Neteller BTC Policy  (Read 355 times)
AruTrader (OP)
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June 13, 2016, 04:28:53 AM
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So from what I understand it's now possible to deposit btc directly to Neteller.

But I understand you can not cash it out through the Net+ Card.

But the terms and conditions of Neteller forbids buying or selling btc using Neteller.

Now here is the question:

If it's prohibited to sell bitcoins using Neteller why do they allow bitcoins to be deposited in to the account.

Why many BTC Sites support Neteller as a deposit?

Is it safe to sell bitcoins and get paid with Neteller?

I need help grasping this

Thank you.
ObscureBean
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June 13, 2016, 05:44:28 AM
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Wow I can't believe I missed news like this, that's pretty big although, I don't have a Neteller account. I saw this thread and googled a bit and found this 9 months old article http://insidebitcoins.com/news/neteller-lowers-bitcoin-deposit-fee-to-1-twice-as-cheap-as-credit-cards/34970
Thanks for this thread and sorry I can't actually answer your question regarding buying/selling, will need to look into this later. But I'm definitely going to set up an account with these guys now  Smiley
philiveyjr
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June 13, 2016, 07:13:31 AM
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Why many BTC Sites support Neteller as a deposit?

Is it safe to sell bitcoins and get paid with Neteller?

I need help grasping this

Thank you.

I believe Neteller accepted bitcoin, not sure if they still do. But I can tell you that it is not safe to sell or buy bitcoins using neteller. If they even get a hint you are, they can and will freeze your funds. My friend lost close to 1.2K on it. The worst part is, that they don't just ban your account with no money, but lets say you get away with it now, and tomorrow for some other reason you were to deposit some money on there, thats when they ban you so they get away with some money when they ban your account.

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