How to Buy Cryptocurrency with Paysafecard in Europe

How Paysafecard Works for This Purchase

Paysafecard works for buying cryptocurrency through specialist brokers like Paybis and Swapped.com, which accept the 16-digit PIN directly at checkout. Understanding where and how to buy crypto with Paysafecard matters because most major exchanges, including Coinbase, Kraken, and Binance, do not accept it. The voucher integration requires a bilateral agreement with Paysafe Group, which only a small number of specialist crypto brokers have in place.

Two routes connect a Paysafecard PIN to a crypto purchase. The direct route works through brokers like Paybis and Swapped.com, which accept the PIN at checkout and credit crypto to your wallet. The indirect route runs through Neteller or Skrill, both owned by Paysafe Group: top up the e-wallet with your PIN, then deposit to any exchange that accepts Neteller or Skrill. German-language crypto guides (Kryptoszene, Cryptomonday) recommend the Neteller route for DACH buyers because direct Paysafecard acceptance at crypto brokers has narrowed since the 2025 regulatory tightening under MiCAR.

Step-by-Step: Buying Cryptocurrency with Paysafecard

The steps below follow the direct route on Paybis. For the Neteller route, substitute Steps 3 and 4 with: top up Neteller with the PIN, then deposit to your preferred exchange.

Step 1: Buy a Paysafecard PIN

Purchase a PIN at a supermarket, petrol station, or newsagent, or order one online through a reseller. Choose a denomination that covers your intended crypto purchase, up to €100 per PIN.

Step 2: Create an Account on a Supported Broker

Register at Paybis or Swapped.com and complete identity verification. KYC is required across virtually all European countries; have a valid ID document ready. The process typically takes a few minutes.

Step 3: Select Paysafecard as the Payment Method

In the buy section, choose the coin you want: Bitcoin, Ethereum, or one of 100+ supported assets on Paybis. Select Paysafecard from the payment options.

Step 4: Enter the PIN and Confirm

Enter your 16-digit Paysafecard code when prompted. If you have a My Paysafecard account, log in through that to combine multiple PINs into a single transaction. Review the fee and confirm.

Step 5: Receive Crypto

Crypto is credited to your broker wallet. From there you can hold it or transfer it to a personal non-custodial wallet.

Fees, Limits, and Availability

Fees on direct brokers start at 2.49% and reach 4.5% of the transaction value on Paybis, with a minimum service fee of approximately €2 (Paybis, 2026). The Neteller indirect route carries a 2% fee when trading crypto through Paysafe's crypto service (Paysafe, 2025).

Transaction limits depend on account registration. Without a registered account, each PIN is capped at €50 per transaction. With a verified My Paysafecard account, the limit rises to €1,500 per transaction.

Paysafecard is available across most of Europe, including Germany, France, Belgium, the Netherlands, Austria, Spain, and Italy. The Paysafecard Wallet app is live in 18 EU markets as of 2026 (Paysafe, 2026). Swiss buyers should note that PINs are denominated in CHF, which may incur an FX margin of 2.5% to 5% when using EUR-priced platforms.