I just did an updated video on how to buy BTC, LTC, ETH, DASH, BCH with the payment processor Payeer. This is a service similar to Paypal where you can deposit fiat money into your account and then you can buy (and sell) these 5 cryptos. In fact, they have Paypal integration so if you aren’t bothered with the 20% fee, you can even move money from your Paypal to Payeer and do it that way. There are many people who keep asking me how to buy crypto with Paypal and this is one such solution, although not the best one when we consider the fee. However, you can send your fiat currency to Payeer straight with your credit/debit card, bank transfer or you can also use one of the other payment processors they accept (there are over 30 including Neteller, Perfect Money, Adv Cash and much more).
Here is my latest tutorial where I show you how to make the crypto exchange : buy and sell. I used Bitcoin/USD as an example but the process is the same for the other ones too.
Previously I did a tutorial back in 2016 so this update was way overdue and hopefully will be helping many new customers of Payeer. It is operating in 200 countries but sadly, they are still not in the US. Being a Russian company, I guess they’re still having issues with the Americans. Politics aside, Payeer has been in business for many years now and has established itself as a trustworthy payment processor with hundreds of thousands of users. I have been a customer since 2015.
Once you buy your crypto, my advice is to send it straight to a secure wallet. I use hardware wallets for safe storage and my top choice is the Ledger Nano (S or X series) which you can order straight from the image below.
9 thoughts on “Using Payeer to Buy Bitcoin, Ethereum, Litecoin, Dash and Bcash”
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What a great post. Thank you for sharing this! I’m going to send it to all my friends.
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