Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Summary: Paysera, unlike some traditional financial platforms, offers direct cryptocurrency transactions, allowing users to both buy and sell a variety of digital assets. Operating under the regulatory supervision of the Bank of Lithuania, Paysera ensures a secure and compliant gateway into the cryptocurrency market.
Our analysis points to eToro as an excellent choice for those using Paysera for their crypto investments. eToro adheres to strict regulatory guidelines, making it a dependable option for users looking to diversify their investment portfolio. After registering, you can seamlessly transfer funds from your Paysera account and access a broad array of financial products, including cryptocurrencies, stocks, and ETFs, among others.
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Can I Buy Crypto with Paysera?
Yes, Paysera allows users to purchase Bitcoin and other cryptocurrencies via their Paysera accounts or Paysera debit cards. If you're keen on acquiring Bitcoin, Ethereum, or various altcoins, you must create an account with a European cryptocurrency exchange that accepts Paysera for deposits in Euros (EUR) or other supported currencies. It's crucial to opt for an exchange that is overseen by a reputable financial regulatory body, such as the Financial Conduct Authority (FCA) or an equivalent European authority.
How to Buy Bitcoin and Crypto with Paysera
The most secure and straightforward method for purchasing cryptocurrencies through your Paysera account is via a regulated trading platform. For an easy and cost-effective experience, we recommend eToro, given its seamless integration with Paysera, adherence to European financial regulations, and competitive fee structure across over 3,000 cryptocurrencies, stocks, ETFs, commodities and other assets.
Follow this easy 4-step guide to start investing with your Paysera account:
- Head over to eToro's website to register and verify your identity.
- Click the 'Deposit Funds' option, which you'll find at the bottom left corner of your screen.
- Choose your preferred fiat currency and your payment option (for example, Bank Transfer), then finalize your transfer from your Paysera account.
- Once the deposit is successful, you can use the credited funds to invest in cryptocurrencies.
What are the Fees?
The fees for transferring money from a Paysera account to a cryptocurrency trading platform can vary depending on the specific platform you choose. Generally, bank transfers from a Paysera Personal or Business account to an international crypto-exchange come with minimal to no fees. However, transaction charges can differ from one platform to another. For instance, eToro has a 1% spread on its trades, while other well-known platforms like Kraken and Coinbase might charge a 1% fee plus a 1% spread.
It's worth noting that if you decide to make deposits to exchanges using a Paysera Debit Card, you'll incur a fee of 2.49%. This fee is levied by the card provider, and it applies to all card transactions, including those related to cryptocurrency deposits.
Is Paysera Crypto-Friendly?
Yes, Paysera takes a proactive role in supporting its customers interested in the cryptocurrency sector. The platform facilitates transactions with cryptocurrency exchanges that operate under the supervision of reputable financial regulatory bodies, such as the Financial Conduct Authority (FCA) in the UK, among others in Europe. This helps ensure that Paysera users can safely transfer Euros or other fiat currencies to vetted crypto platforms, complying with measures designed to prevent financial malfeasance.
Because of this, those who use Paysera can confidently step into the world of cryptocurrency, assured that their investments are secure and in line with existing legal standards. Paysera's progressive approach fosters a conducive environment where both newcomers and veteran investors can thrive, enabling them to enrich their digital asset portfolios further.
Paysera is a versatile financial platform based in Lithuania, offering a wide range of services from money transfers to payment processing and even crypto exchange options. Known for its multi-currency account feature and low-cost fees, Paysera operates under the strict regulations of the Bank of Lithuania, providing a secure and user-friendly environment for new and experienced investors to manage their fiat and digital assets seamlessly.
In conclusion, Paysera not only offers a secure and regulated environment for managing your finances but also facilitates smooth transfers to reputable, regulated cryptocurrency exchanges like eToro. This makes it an ideal choice for those looking to safely diversify their investment portfolios with digital assets. With Paysera, you're not just buying into a platform; you're gaining a reliable gateway into the wider world of digital asset investments.