Paysafecard to btc

Are you tempted to invest in Bitcoin? If we sometimes have to recognize that Bitcoin has some flaws, it nevertheless remains the queen of cryptocurrencies. After experiencing a spectacular fall in March , the Bitcoin price was promised to an equally explosive recovery. If you want to take this opportunity to get started, you will first need to know how to buy your Bitcoins. The most common means of payment are credit / debit card and wire transfer. However, these methods involve sharing your banking and personal details. Would you prefer to avoid this? No problem, there are anonymous and secure solutions! Find out in this guide how to buy Bitcoin with Paysafecard.

What is Paysafecard?

Let&#;s start with a brief introduction to Paysafecard. It is simply a prepaid card that we use online in order to make purchases without disclosing any bank details.

Available in particular in bars and markets, go to one of the , points of sale of Paysafecard around the world to buy a card in cash or by bank card. You choose the value you want: 10, 25, 50 or €. It is advisable to keep the receipt of your payment (receipt). Note that it is also possible to buy a Paysafecard online. In this case you will have to pay by credit card or bank transfer. You will then receive a digit PIN code that you can use to make payments.

The advantage of paying with Paysafecard is that you don&#;t send no personal information. The transaction is therefore completely anonymous and your private data is protected.

Now that you are familiar with the Paysafecard, you need to know where to use it. Unfortunately, at the time of writing this article, few platforms accept Paysafecard. Let&#;s see where to use your prepaid card, and how.

Buy Bitcoin with Paysafecard on Paxful

Paxful is one of the world&#;s most active peer-to-peer Bitcoin exchanges. The platform offers the possibility to buy Bitcoin with Paysafecard.

Step 1: Create an account on Paxful

Start with you register on Paxful. Unlike many shopping platforms, Paxful will not ask you to link your account to your bank account. You will only need to provide an email address and a password.

Step 2: Choose a Bitcoin seller on Paxful

You will then need to look at the available offers and choose the right seller for you. To do this, go to the home page of the site and click on the blue button &#;Buy Bitcoins&#;. On the next page, indicate your payment method (in your case, Paysafecard). If you want to refine the search, you can enter your payment currency and the amount you want to invest, as well as research region. Once you have entered your criteria, click on &#;Search for offers&#;.

In the list of offers, carefully analyze the available data:

• On the left : Seller data. You can see the seller&#;s nickname, availability and reputation (note);
• On the right : the price and the purchase limit. Each seller defines his selling price, as well as the minimum and maximum amounts;
• Between : payment information. You can see the currencies and payment methods accepted, as well as other specific information (for example &#;No receipt required&#; or &#;No verification required&#;).

Pay close attention to this data to determine whether the seller is reliable or not. Unfortunately, despite the platform&#;s best efforts, you are not immune to stumbling upon scammers. The reputation of the seller is a major factor in deciding whether you can trust them. You can also view the seller&#;s profile to see their transaction history and comments received. Finally, make sure the seller is available to complete the transaction quickly.

Note : The &#;No Verification Required&#; information allows you to buy Bitcoin from a seller without having to enter any personal information.

Step 3: Complete the transaction on Paxful

Once you have chosen your seller (ideally a seller with a good reputation and a good history), click &#;Buy&#;. Read the final details and then accept the conditions of sale. You will then access a page where you can chat directly with the seller by instant messaging. This is your last opportunity to clarify any possible uncertainties.

You will then have to follow the payment instructions to the letter (this will facilitate your defense in the event of a dispute). The seller will likely ask you to send them a photo of your Paysafecard PIN, a photo of the receipt, etc. As soon as the seller has received and verified your payment information, they will then send your Bitcoins to you.

Buy Bitcoin with Paysafecard on LocalBitcoins

It is also possible to use Paysafecard to buy Bitcoin on LocalBitcoins, another peer-to-peer purchasing platform.

Step 1: Create an account on LocalBitcoins

Creating an account on LocalBitcoins is free and secure. On the site&#;s home page, click on the button &#; Free registration &#;. Provide your mail address, choose your username and set a complex preference password (to help you, the tool tells you the strength of the chosen password). Confirm that you are not a robot and click on &#;Register&#;. You will immediately receive an email containing a link to confirm your registration. There you go, your LocalBitcoins account is ready to use. You automatically have a Bitcoin wallet (a cryptocurrency wallet) to store your cryptocurrency.

Step 2: Choose a Bitcoin seller on LocalBitcoins

Now you need to find a suitable Bitcoin seller using the search tool. Click on the tab &#;Quick buy&#;. Start by filling in the last field titled by default &#;All online offers&#; to choose your payment method. Select category &#;Other online wallet&#; of which Paysafecard is part. If you wish, you can continue to refine the search by selecting your location, currency, and the amount you wish to spend. Start the search and you will see a list of offers.

To choose an offer, first look at the column &#; Means of payment &#;. Indeed, you are looking for a seller who accepts payment by Paysafecard. Once you find one, try to assess the seller&#;s seriousness. By clicking on his username, you have access to a certain amount of information about the seller. For example, a colored indicator (green, yellow or gray) informs you about its average response time. You also see its volume and number of confirmed transactions, its review score, its age on the platform, comments received, etc.

Step 3: Make the transaction on LocalBitcoins

Before you can complete the transaction with the chosen seller, you must verify your identity. For this, you must provide a copy of your identification document. Once your identity is confirmed, you can proceed with your purchase. From the seller&#;s page, read the conditions of sale carefully then send a transaction request. Indicate the amount you wish to purchase and provide a means of contact (email or phone). If he accepts your request, you can complete the transaction together and you will receive your Bitcoins in your wallet.

Buy Bitcoin with Paysafecard on eToro: use an e-wallet from Paysafe

If you prefer to use one of the giants of online trading, note that it is also possible to use your Paysafecard on eToro, which is one of the most secure platforms and has many payment methods. However, since it is not possible to use Paysafecard directly on eToro, you will need to go through one of the two e-wallets belonging to the same group (Paysafe): Skrill or Neteller.

Step 1: Credit a Skrill or Neteller digital wallet

You need to start by purchasing a Paysafecard and download pin code correspondent on your My Paysafecard account. Then go to your digital wallet to perform a deposit. In the deposit options, choose Paysafecard and indicate the amount you want to transfer. A payment processor will allow you to finalize the deposit. Your Paysafecard credit is now deposited into your Skrill or Neteller wallet.

Step 2: Create an account on eToro

Switch to eToro now. If you haven&#;t already, create a personal account. Click on the button &#;Join now&#; located on the home page. Fill out the form with your personal data: name, first name, email, phone. Set an account name and password, then accept the T &#; Cs and Policies. On eToro, you can verify your account in order to unlock all features of the site. For this, it will ask you to provide a ID (identity card or passport).

Step 3: Buy Bitcoin on eToro with Skrill or Neteller

You must now fund your eToro account. Click on &#;Deposit funds&#;. Choose your currency and the amount you want to deposit, then select your online wallet as the payment method. If this is your first deposit on eToro, it should be a minimum amount of $ .

Finally, you can buy your crypto by going to the Bitcoin buy page (Markets ˃ Cryptos ˃ BTC ˃ Investing).

What should you remember to buy Bitcoin with Paysafecard?

Unlike other cryptocurrencies, it is possible to buy Bitcoin directly with a Paysafecard prepaid card. On peer-to-peer exchanges like Paxful or LocalBitcoins, you will be able to find vendors who accept payment by Paysafecard. Take care to verify that you are dealing with a serious seller. Paying by Paysafecard is generally considered more risky. This is why sellers who accept it take this risk into account by offering a higher selling price.

You can also deposit your Paysafecard credit on a digital wallet like Skrill, then use Skrill to fund your eToro account, and finally buy Bitcoin on eToro. The disadvantage of this method is of course the multiplication of intermediate steps.

To buy Bitcoin with Paysafecard, you can therefore go through Paxful, LocalBitcoins or eToro. In the end, the operation will cost you more, but your purchase of Bitcoin will not be linked to any bank account, which gives you greater anonymity. Before investing, take the time to understand the basics of Bitcoin and cryptos and follow it bitcoin price to buy at the right time!