How To Buy Bitcoin With Neosurf
Neosurf is a payment service that comes in the form of a prepaid card or voucher. It can be used in multiple stores and on online platforms as a payment — for example, for buying cryptocurrency. And in this article, we tell you about how to buy Bitcoin with Neosurf, and what are the main pros and cons of this payment method.
A Guide On How To Buy Bitcoin With Neosurf
Neosurf doesn’t allow you to buy cryptocurrency directly. Nevertheless, you can use a cryptocurrency exchange to do it. Let's take a look at the step-by-step algorithm for buying Bitcoins with Neosurf service.
Step 1: Open A Neosurf Account
First of all, you have to purchase a Neosurf prepaid card — you can do it on the service's website. Another option is to buy a Neosurf voucher, which you will use to pay for your purchases. It can also be done on the website, or it’s possible to buy the voucher from retailers who sell it for cash. Then you can make a deposit into your account.
Step 2: Choose A Cryptocurrency Exchange
Find a platform that accepts Neosurf as a payment method. For example, Neosurf is supported by such exchanges as Paxful, Coinhouse and Cryptomus. The platform should be user-friendly and secure. In order not to make a mistake with your choice, read other users’ reviews and study the platform’s working base to make sure it is reliable.
Step 3: Create An Account
After you have chosen an exchange, you need to register there. You will need to enter your full name, phone number and email address, and come up with a strong password. What is more, crypto exchanges include verification and passing the KYC procedure during registration, so make your ID ready. Then, all you have to do is to confirm your account, and you will be able to start using the crypto exchange.
Step 4: Link Your Neosurf Account To Crypto Exchange
For using Neosurf as a payment method, you need to specify it in the corresponding section on the exchange. If you use a prepaid card, you need to specify its details: number, validity period and CVV code. If you purchased a Neosurf voucher, you need to enter its code number.
Step 5: Find A Suitable Offer
For buying crypto on the exchange, you need to make a search: enter the number of Bitcoins you want to buy and specify Neosurf as the payment method. Then the list of sellers' ads will appear in front of you, and you will be able to choose the most suitable one among them.
In order to avoid the risk of fraud, choose the seller carefully. Study the realized transactions and read reviews of other users about him. For example, on Cryptomus P2P you may find specific icons near sellers usernames that confirm their verification, so you can be sure of their reliability.
Step 6: Make A Purchase
When you have selected a sale offer, contact the seller to discuss the transaction terms. Ask him for his Neosurf account details, where you'll need to make the payment, and share your cryptocurrency wallet address, where he'll send the Bitcoins. After that, transfer the funds to his account and wait for the Bitcoins to arrive in your wallet. The transaction will be considered complete.
Pros And Cons Of Purchasing Crypto With Neosurf
Neosurf is a convenient way to buy crypto, however, there are a few nuances that can make the work difficult. Let's take a closer look at the pros and cons of using the service.
Pros and Cons | ||||
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Benefits | Security. Neosurf doesn't contain personal information, so it offers you a high level of protection from scammers. | Anonymity. Transactions with Neosurf don't require personal bank details, so they save your privacy. | Widespread acceptance. Neosurf is gaining popularity: now it is available in over 50,000 stores and online platforms. | |
Drawbacks | Inability to withdraw funds. Neosurf is limited in usage to only paying for purchases or deposits, so withdrawals are not possible. | High fees. Neosurf transactions often come with high fees compared to other payment methods — they reach 3%. | Limited number of accepting crypto exchanges. Although Neosurf's popularity is growing, the list of cryptocurrency exchanges that support it is quite small. |
Tips For Successfully Buying Bitcoin With Neosurf
In order to make your transactions profitable and safe, follow our tips on what to consider when you buy Bitcoin with Neosurf:
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Watch the Bitcoin exchange rate. Bitcoin is a volatile coin, so you should regularly monitor the market to find the most suitable period to buy.
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Use a favorable crypto exchange. Due to the fact that Neosurf charges high transaction fees, try to find an exchange with the lowest fees to save some money. For example, Cryptomus P2P charges only 0.1% for buying crypto.
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Select a safe crypto exchange. In addition to profitability, pay attention to the platform credibility. Good reviews and a large number of completed transactions indicates its reliability.
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Secure your account. Use a strong password and enable two-factor authentication to protect your data and wallet from fraudsters.
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Use a secure Internet connection. Use a wired Internet connection while using a crypto exchange and enable VPN as an additional security measure.
Neosurf is a convenient and fast way to buy Bitcoins and other cryptocurrency. It will provide you with anonymity and security for transactions, but at the same time, you have to keep in mind some limitations of the service. The final decision about using the service should depend only on your personal preferences.
Hopefully, this article has helped you understand the features of Neosurf, and now you know how to buy Bitcoins with this service.
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