POLi offers a convenient way to complete payments for physical goods and services both in-store and online. Users can also leverage their POLi wallets to buy several digital assets, including Bitcoin. The platform is a secure gateway to start your crypto trading journey by buying any asset of your choice using your POLi account as a payment method. This guide will explain, in easy steps, how to buy BTC and other cryptocurrencies with POLi.
Can I Buy Bitcoin and Crypto With POLi
Yes, you can use your POLi digital banking account to buy Bitcoin or any other crypto of your choice, but not directly. That is, POLi does not allow direct purchases of cryptocurrencies on the app. Instead, you can use POLi to fund your wallet in a licensed crypto exchange and buy crypto that way.
We recommend eToro as the best platform for buying Bitcoin and crypto via POLi transfers. To begin, you must set up your eToro and POLi accounts. Open the eToro app or official website, register your account, and complete the KYC verification to proceed. Also, fund your POLi wallet with enough money to pay for the crypto you want to buy.
Step-by-step Guide to Buy Bitcoin and Crypto With POLi
After you’re all set up, the steps below should take less than 5 minutes to complete:
- Log in to your eToro account via the app or official website.
- Click on the Deposit option on the platform’s homepage.
- Select POLi as your payment method and specify the amount you want to deposit into your eToro wallet.
- Head over to POLi to make the payment into your eToro account.
- Once the money has arrived in your trading account, click on Buy Crypto and search for BTC or any cryptocurrency you want to buy.
- Enter the amount of crypto you want to buy, review the transaction details and fees, and then click the Buy button to confirm.
Once you complete the above steps, the crypto will be reflected in your eToro wallet, where you can hold, sell, and trade as you like. eToro will save the POLi bank details that you used to make deposits so you can easily access them whenever you want to buy crypto again.
Fees When Buying Bitcoin and Crypto With POLi
The extra costs attached to buying crypto with your POLi account depend on the size of the transaction, the currency used, and the region in which you live. Also, the crypto exchange used may demand transaction fees, which will be revealed to you when you buy crypto. Generally, POLi transfer fees range from 0-3%, making it a cost-effective alternative to buy Bitcoin and crypto.
About POLi
POLi is a digital banking platform that facilitates online money transfers and performs several other financial services. Headquartered in New Zealand, the platform is used worldwide to transfer money, buy goods, and pay for services. POLi is also renowned for its low and affordable transfer fees on local and international transfers, with users paying ZERO fees for most transactions.
The platform prioritizes user safety and data, featuring several security protocols to ensure your data and funds are shielded. POLi also provides a pathway to start your crypto journey, as it can be used to buy Bitcoin and other crypto on several exchanges. Users can deposit into trading platforms using funds in their POLi wallets to buy and trade cryptocurrencies as they like.
Bottom Line
By following the steps highlighted above, you can buy Bitcoin and crypto with your POLi digital bank on eToro. Review the fee policies of both platforms to know what to expect in terms of transaction fees for crypto purchases.
