Payeer

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4.8 rating
£25 Bonus + Great Promotions
T&Cs Apply
New customers only

First-time depositors only (18+ UK Only - excluding players based in Northern Ireland). Min Deposit £10. Max Offer: 100% Bonus up to £25 Bonus Plus 25 Free Spins. Promo code: BAZAAR Bonus winnings must be wagered 60x Games bonus winnings will be capped at £100+ original bonus amount. Free Spins are valid for 7 days. Free Spins winnings are credited as bonus funds with 40x wagering. Free Spins winnings are capped at £2.5. Wagering contribution varies by game. We reserve the right to deny bonuses based on abusive bonus activity across sites operated by the Company. Deposit balance is available for withdrawal at any time(UK only). Odds of winning vary between players depending on gaming and deposit activity. General withdrawal restrictions & full T&Cs apply. Valid until 31/12/2021 Full T&C’s apply
4.5 rating
Claim a £100 Bonus + 25 Free Spins
T&Cs Apply
New customers only

New depositing players only. Min. deposit: £20. Max. bonus: £25. Offer valid on first deposit. Offer only applies to new players. In addition to deposit bonus, you are also eligible for 25 spins that will be issued upon your first deposit. Winnings won with games that require deposit, have to be wagered 35x. Bonuses that require deposit, have to be wagered 35x.
4.5 rating
Claim a £5 No Deposit Bonus + Ongoing Promotions
T&Cs Apply
New customers only

New Players Only, Max. Conversions €/£20, Only on Shamrock 'n' Roll, Mayan Marvels and Candy Swap, 100x Wagering, Age and Address Verified Players only, T's & C's apply.
4.8 rating
Claim a £50 Bonus + Ongoing Promotions
T&Cs Apply
New customers only

Terms & Conditions Apply. New Players Aged 18+. Please Gamble Responsibly.
4.5 rating
100% Up To £100 + 25 Spins
T&Cs Apply
New customers only

Terms & Conditions Apply, Over 18 only.
4.5 rating
£100 Bonus + Great Promotions
T&Cs Apply
New customers only

New players only, Maximum bonus is £100, Max bet with bonus is £5, No max cash out, Wagering is 50x - Skrill & Neteller excluded, Eligibility is restricted for suspected abuse, Cashback is cash, so no wagering, Cashback applies to deposit where no bonus is included. Full T&C’s apply
5.0 rating
Claim a £500 Bonus + free spins
T&Cs Apply
New customers only

New Players Only. Wagering occurs from real balance first. 50X wagering the bonus. Contribution may vary per game. Available on selected games only. The wagering requirement is calculated on bonus bets only. Bonus is valid for 30 Days from issue. Max conversion: 3 times the bonus amount. Excluded Skrill deposits.
4.5 rating
100% Up To £50 + 36 Spins
T&Cs Apply
New customers only

First Deposit Only. Min. deposit: £20, max. Bonus £50. Game: Star Joker, Spin Value: £0.10. WR of 60x Bonus amount and Free Spin winnings amount (only Slots count) within 30 days. Max bet is 10% (min £0.10) of the free spin winnings and bonus amount or £5 (lowest amount applies). Free Spins and/or Bonus must be used/claimed before deposited funds. First Deposit/Welcome Bonus can only be claimed once every 72 hours across all Casinos.
4.8 rating
Claim 520 Bonus Spins + Other Bonuses
T&Cs Apply
New customers only

18+. New players only. One welcome package per player. Max bonus bet £5, Min deposit £20 1st deposit: get 100 bonus spins, 2nd Deposit: get 120 bonus spins, 3rd deposit: get 140 bonus spins, 4th deposit: get 160 bonus spins. All spins are on slot game Book of Dead only. Bonus funds must be used within 30 days and bonus spins within 7 days. Max winnings from bonus spins are equivalent to the number of spins awarded. Spins winnings credited as bonus. Bonus funds separate to Cash funds, and are subject to 35x wagering and withdrawal requirements. Full Terms Apply BeGambleAware.org
5.0 rating
£300 Bonus + Great Promotions
T&Cs Apply
New customers only

New players only, min deposit £10, wagering 45x, max bet £5 with bonus funds, 100% up to £100 bonus on 1st deposit, 50% up to £200 on 2nd deposit. No max cash out on deposit offers. Welcome bonus excluded for players depositing with Skrill or Neteller. Full T&C’s apply.

Payeer is among the most popular electronic payment platforms in the market. Established in 2019, Payeer allows users to buy, sell, deposit, and withdraw cash and cryptocurrencies.

Also, it supports the purchase of goods and services from Payeer supported merchants both locally and internationally.

Have you used Payoneer or Paypal before? Then you will find this platform quite easy to use. Payeer utilizes the same operating principle, so you can learn to use it within minutes. Perhaps that is one reason it has become one of the leading e-wallets today.

In this review, we will cover all the aspects of the electronic wallet. This way, you can figure out if it’s the right platform for you.

Without delay, let’s dive in.

Pros and Cons

 

Pros

  • Users can trade and exchange cryptocurrencies
  • Regulates by VFSC and MEAC
  • A global reach of 117 countries across the world
  • Compatible with mobile devices
  • Competitive commissions
  • High focus on security and privacy

Cons

  • Irreversible transactions
  • Lack of transparency in fees

Accounts Types

Payeer allows you to choose between two types of accounts: Personal and Business accounts. The account you choose will affect the fees and features you’ll enjoy.

If you opt for a personal account for your transactions, you will enjoy low fees and access to most features offered by the platform. The accounts also support international payments.

A business account varies a little from a personal account in terms of fees and taxes. Nevertheless, you’ll be able to transact money both locally and internationally. The extra fees and taxes prevent account users from using it for money laundering.

Currencies and Trading

Payeer was designed to support cryptocurrencies transactions. The platform supports seven cryptocurrencies. They include:

  • Bitcoin
  • Ethereum
  • Bitcoin Cash
  • Dash
  • Litecoin
  • Tether
  • Ripple

The platform allows users to deposit and withdraw fiat money. Also, they can trade crypto-fiat and fiat-fiat paring, including US Dollar, Euro, and Russian Ruble.

Once you open an account with them, you buy and sell crypto, conduct internal transactions, make payments, and trade.

What’s even better, the e-wallet offers you several international payment methods to deposit and withdraw cash.

When it comes to trading, the platform delivers excellent service. Although it’s easy to trade cryptos, not every e-wallet out there that allows users to trade.

Users can buy the various cryptocurrencies on the Payeer by depositing US Dollars, EURO, or Russian Rubles. They can then sell them when they need to make some cash.

Deposits and Withdrawals

As we said above, Payeer supports several payment options. You can deposit fiat currency using the various methods, including:

  • QIWI
  • Perfect Money
  • Visa, Maestro, and Mastercard
  • Advcash

Keep in mind the deposit fees vary depending on the methods used. Deposit of crypto is free, and there are no limits on transfer amounts.

You can cash out fiat currency via the following methods:

  • Perfect Money
  • Ukrainian Bank
  • MasterCard Int
  • Payeer
  • Advcash

There are certain withdrawal limitations with each method. So be sure to check them out. You can withdraw crypto by transferring them out of Payeer wallet to other compatible wallets.

Fees

You don’t need to be a genius to under-relevant fees on the Payeer website. You don’t incur any account opening fees or monthly maintenance fees. The only charges you’ll get charged include internal transfers, API, currency conversion, and trading operations.

There are no fees for depositing and withdrawing supported cryptocurrencies at Payeer official websites. However, you might incur some charges when depositing and withdrawing fiat currencies. But the fees vary depending on the method used.

Customer Support

Users can contact the Payeer customer support team by creating a ticket via the site’s support page. 

A customer service representative will respond within 24 hours. The customer support is available 24/7.

Conclusion

As we conclude our review, one thing is clear: Payeer has gained traction not only in Europe but also across the world. This is because it offers users several ways to pay and supports other systems.

However, it’s not free from drawbacks. Some users reported withdrawal issues, while others had a problem with the lack of transparency in fees.

That said, Payeer is a trustworthy multi-currency platform convenient for individuals who wish to buy, sell and trade cryptocurrencies.