Neosurf to Bitcoin — Convert Vouchers to BTC via Crypto Exchanges
Monday, May 23rd, 2022, 1:24 PM
Neosurf is many people’s favorite payment method, as it allows making deposits to many online sites without sharing your sensitive data. But so does Bitcoin. In fact, using Neosurf to purchase Bitcoin is perhaps the best method for all people out there who want maximum anonymity and overall security on the internet.
Online casinos and other gambling sites usually accept Neosurf, and players are eager to use it to maximize their protection. However, many cryptocurrency casinos nowadays only accept Bitcoin, meaning no fiat payment options are available for deposits or withdrawals.
In that case, you’ll have to turn your Neosurf funds into Bitcoin. The good news is that it can be done quickly. Read our guide to learn how to convert Neosurf to BTC.
Neosurf and Bitcoin — Can You Convert Your Neosurf Funds to BTC?
To obtain a Neosurf voucher, you need to find a secure seller and use your credit card or any other accepted payment method to make the purchase. Next, you can use these vouchers to make payments in online casinos and many other e-commerce sites. If the vouchers are not accepted, you can easily convert them to other popular fiat payment methods, as described in our Neosurf to PayPal guide.
However, if you want to register at a Bitcoin casino, you must have Bitcoin, and it’s possible to convert your vouchers to BTC easily. Perhaps “convert” is a bit of an odd word choice, as you’ll basically use your Neosurf voucher to make a deposit to a Bitcoin exchange and purchase the available BTC amount.
Here’s a quick overview of the steps you need to take to obtain BTC successfully.
Get a Bitcoin wallet.
Find a Bitcoin exchange that accepts Neosurf and open an account.
Buy Bitcoin using your Neosurf voucher.
Withdraw your BTC to your Bitcoin wallet.
Use your wallet to deposit to an online casino of your choice.
Let’s explain each step.
Obtaining a Bitcoin Wallet
Bitcoin wallets are where you store your BTC, just like PayPal is your electronic money wallet. However, there’s a substantial difference between BTC wallets and traditional e-wallets.
First of all, you’re the sole owner of your BTC wallet and all money inside it, and nobody else has access to it. You’ll receive a private key which you must know at all times, as losing this key means losing access to your BTC. There are no options to retrieve your password, as there aren’t any centralized entities behind your BTC wallet.
There are two main types of Bitcoin wallets: hot and cold.
A hot wallet is a software wallet, meaning you need to download it and install it on your mobile device or PC. Moreover, some hot wallets are accessed directly from your browser. They are called “hot” because they are connected to the internet all the time.
A cold wallet is a hardware wallet, so you need to buy a piece of hardware where you’ll store your Bitcoin. Once you plug them out of your USB drive, these wallets are disconnected from the internet.
If you’re not going to buy a considerable amount of BTC that needs to be stored securely away, we suggest starting with a hot wallet, as they are more convenient for making transactions.
Registering on an Exchange
After obtaining a wallet, finding a cryptocurrency exchange that accepts Neosurf as a payment method is the next step. Therefore, the first thing you need to check is the accepted fiat payment methods on the exchange before registering. But besides the available payment channels, please read more about the general quality and security of the platform at hand.
Once you find the best crypto exchange for you, you’ll have to become a registered member by filling out the registration form.
Here’s a list of popular exchanges known to accept Neosurf vouchers:
Bitboat
Bitit
Coinhouse
Paxful
In addition, you can find traders at LocalBitcoin.com, that would accept Neosurf vouchers and exchange them for you to cryptocurrency.
Buying Bitcoin with Your Neosurf Voucher
Here are the steps you need to take to buy BTC with your Neosurf voucher.
Transfer funds from the voucher to your Bitcoin exchange
— This process is the same as depositing to any online casino with a Neosurf voucher. You just need to enter the voucher code and make the transaction.
Enter the amount of BTC you want to buy
— After your money is in your exchange account, you just need to go to the exchange, enter the amount of BTC you wish to buy, and place an order.
Receive BTC to your exchange balance
— The exchange will automatically find a seller and make the transaction, meaning you shouldn’t wait long to receive BTC to your account.
Withdraw BTC to your Bitcoin wallet
— Enter your Bitcoin wallet’s address and transfer bitcoins from the exchange to the wallet.
Now that BTC is in your wallet, you can use it for anything you like, including making payments to online casinos.
Advantages of Converting Your Neosurf Voucher to Bitcoin
Let’s check out the main benefits of Bitcoin compared to fiat money.
It’s affordable — Bitcoin transaction fees might vary, but they are usually much smaller compared to the majority of payment methods.
It’s fast — Truth be told, Bitcoin isn’t the quickest payment method out there, but you won’t have to wait for more than 10 – 15 minutes to complete the transaction.
It’s anonymous — You don’t have to leave any sensitive info that can be connected to your Bitcoin wallet when making BTC transactions.
It’s secure — Cryptography and anonymity are integral parts of Bitcoin. Combined, they make BTC the most secure payment method we know.
It’s decentralized — There is no central authority deciding on the fate of your coins, as the Bitcoin network is fully decentralized.
Disadvantages of Converting Your Neosurf Voucher to Bitcoin
Even though BTC is generally praised for its advantages, it also features a couple of downsides, so let's examine them.
Conversion fees — Bitcoin transaction fees aren’t that big, but the process of buying BTC on an exchange could be expensive, with charges often exceeding 5%.
Immutable transactions — Once you make a BTC transaction, you cannot revert it, as it’s already written in the Bitcoin network (blockchain)
Volatility — Bitcoin’s value changes all the time. A single unit of BTC can increase or decrease by thousands of dollars in a single day.
Conclusion
To sum up, Neosurf vouchers are a popular payment method on many online gaming platforms and other websites. The increasing number of crypto-only e-commerce sites and casinos means you will have to buy Bitcoin with Neosurf. The entire process is easy and won’t take more than half an hour to complete for the first time.
Here’s a quick overview. To convert Neosurf vouchers to BTC, you need to join a cryptocurrency exchange, deposit fiat funds using the voucher and use the funds to purchase bitcoins. Finally, you need to withdraw your BTC to your wallet and then use your wallet on a site that accepts Bitcoin payments.
Once you understand the whole process, future BTC purchases with Neosurf vouchers will be much faster.
FAQ
Can I convert Neosurf vouchers to other cryptocurrencies?
Yes, you can. Once you join a cryptocurrency exchange, you can choose other cryptos and purchase them using the voucher. The entire process is identical to purchasing Bitcoin. After obtaining the desired cryptocurrency, you’ll have to withdraw it to your crypto wallet to start using it.
How long does it take to buy Bitcoin with Neosurf vouchers?
Joining the exchange, depositing funds, and buying Bitcoin shouldn’t take more than half an hour when you first do it. After that, you won’t have to go through the registration process again, meaning the entire operation should be much quicker. The only thing that may take a while is getting BTC from the exchange to your wallet, as BTC transactions can sometimes take up to 30 minutes when the traffic is high.
Are there any geo-restrictions for converting Neosurf to Bitcoin?
Things get complex here, as Neosurf is not available in all countries, and Bitcoin exchanges also have geo-restrictions. Ideally, you’ll find an exchange that accepts Neosurf and is available in your area.
Is it legal to buy Bitcoin with Neosurf vouchers?
Bitcoin is still unregulated in many countries, meaning the entire process is not controlled. Still, it’s not illegal in most countries, meaning you’re free to purchase it without any consequences.