What Is Payoneer?
Payoneer is a popular global payment platform that allows users to receive and send international payments. It supports multiple currencies, and provides virtual bank accounts, prepaid cards, and cross-border transfer tools, making it a flexible solution for managing digital income.
How to Buy Crypto with Payoneer: Step-by-Step Guide
Buying crypto with your Payoneer balance is hassle-free with Ka.app. Here’s how you can get started:
- Create a Ka.app account.
Download Ka.app from Apple Store or Google PlayStore, or sign up through the web app. Then, complete the KYC (Know Your Customer) verification to unlock full features.
- Fund your Payoneer account.
Make sure your Payoneer account has enough balance and is linked to a virtual Mastercard or bank account.
- Go to 'Buy Crypto' on Ka.app.
Go to Ka.app’s home screen, navigate to the 'Buy Crypto' section, and select your preferred crypto (e.g., Bitcoin, Ethereum, USD Coin, Dogecoin, etc.).
- Select credit/debit card as your payment method.
Ka.app allows you to buy crypto with card, so you can select that payment method and enter your Payoneer card details.
- Enter the purchase amount and confirm.
Input how much crypto you’d like to buy, review the rates and fees, and confirm the transaction.
- Receive crypto in your Ka.app wallet.
Once processed, the cryptocurrencies will be available in your Ka.app wallet. You can HODL, send, convert, or even spend them with the Ka. Debit Card as you wish.
Pros and Cons of Buying Crypto with Payoneer
Pros
- Easy access to crypto using your Payoneer card
- You can buy, store, convert, send, and spend your crypto in one secure platform
- Supports multiple cryptocurrencies
- You can quickly convert crypto to EUR and spend it with your Ka. Debit Card online, in stores, or at ATMs.
- Transparent fee breakdown
- Secure platform backed by Fireblocks technology and has two-factor authentication (2FA), KYC checks, and regular software updates
Cons
- For security and compliance, extra verification steps may apply when making unusually large transactions
Fees When Buying Crypto with Payoneer
The total fees for buying crypto with your Payoneer card can vary depending on the transaction amount and current market rates. Ka.app ensures that all transaction fees are clearly shown before you confirm your purchase, so you can double-check the service fees before confirming your purchase.
Why Buy Crypto on Ka.app?
Ka.app bridges the gap by giving you a quick and secure way to buy Bitcoin and altcoins using your Payoneer card. The platform has intuitive screens, strong security features, and contains features ideal for anyone who wants to make the most of their crypto portfolio.
- Send crypto payments for free to other Ka.app users
- Swap cryptocurrencies or convert to EUR and vice versa within seconds
- Buy crypto with euros on our crypto wallet with IBAN (for EEA users)
Withdraw EUR with IBAN or your own crypto debit card
FAQs
Wanna know more? Look no further
Yes, you can use your Payoneer card to buy crypto on apps like Ka.app.
Using a Payoneer card to buy crypto on Ka.app is safe. Ka.app enhances security by implementing Fireblocks technology, 2FA, and full KYC verification to protect your funds and personal information.
Absolutely! On platforms like Ka.app, you can use your Payoneer card to buy USDC and other cryptocurrencies.
Buying crypto with a Payoneer card through Ka.app is typically fast, with most transactions being processed within a few minutes.
Converting your Payoneer funds into crypto is possible with the help of a reliable crypto wallet app like Ka.app. While Payoneer doesn’t allow direct cryptocurrency purchases on its platform, you can still use your Payoneer-issued card as a payment method to buy crypto on the platform.
