How to buy Bitcoin (BTC) with Payoneer from the USA

By   |   Verified by Andrew Boyd   |   Updated Oct. 18, 2023

Payoneer cards can be used to buy Bitcoin on several crypto exchanges and brokers.

If you want to buy Bitcoin with Payoneer, scroll down for our step-by-step guide and list of exchanges where Payoneer is supported.

Unsure about what exchange to use?

Where to buy Bitcoin with Payoneer


On website



  • Sign up on Binance to get a 100 USDT cashback voucher. Terms and Conditions apply.
  • Trade over 50 cryptocurrencies with low trading fees.
  • Uses state-of-the-art storage technology to protect your cryptocurrency and USD assets
  • Earn rewards for holding coins and tokens.


  • It has some of the lowest trading fees out there. 0.1% for spot trading and 0.5% for instant buy or sell fees.
  • Credit card or debit card deposits are accepted.
  • Provides charting and trading tools suitable for advanced crypto traders.


  • The platform UI can be complicated to learn for new investors.

First time buying?

How to buy Bitcoin with Payoneer

Step 1: Pick a crypto exchange that accepts Payoneer deposits

First, you have to open an account with a crypto exchange that accepts Payoneer as a payment method. You can use Finty to compare exchanges that support Payoneer on this page.

Apart from their support for Payoneer deposits, there are various other features to take into consideration such as trading fees, fiat withdrawal fees, and available coins.

Step 2: Verify your account

When you open an account with an exchange, they usually require you to authenticate your identity with a copy of your government-issued photo ID. Some peer-to-peer exchanges do not require this.

Step 3: Decide how much to allocate

Bitcoin is an extremely volatile asset. Carefully consider how much you are comfortable allocating to Bitcoin considering its price volatility.

Step 4: Add funds

The next step is to fund your exchange. Log into your exchange account and locate where you can add funds. Select ‘Payoneer’ as a payment method and you’ll be prompted to log into your Payoneer account. After logging in, enter the amount you want to invest and initiate the transfer.

Step 5: Place an order

After funding your exchange wallet, configure the order of your choice. Depending on the exchange you are using, you can choose from a number of order types. Market buys are the easiest to set, triggers allow you to automatically buy (or sell) at a set future price, and recurring buys allow you to build your position over time (assuming your account has the funds available).

Step 6: Buy

The final step is to fill out the order form and complete the transaction. Once complete, your Bitcoin will be available in the exchange wallet.

Still not sure?

Pros and cons


  • Fast. Payoneer allows you to move funds very quickly.
  • Private. Depositing funds with Payoneer means not having to share card numbers.


  • Not widely accepted. Despite being available in hundreds of countries and territories, Payoneer is not widely accepted as a payment method by crypto exchanges.

Extra help


How long does it take for funds to transfer using Payoneer?

It takes a few minutes for funds to clear into your exchange account with Payoneer.

Can I buy Bitcoin with Payoneer anonymously?

You cannot set up an account with Payoneer anonymously. However, peer-to-peer exchanges such as Paxful do allow anonymous Bitcoin purchases.

Can I buy other cryptocurrencies with Payoneer?

Yes, you can buy other cryptocurrencies with Payoneer. Just enter the name of the desired cryptocurrency on the order form before making a purchase on an exchange.