Is It Possible To Convert Bitcoin to Yandex Money?

Yandex money, otherwise known as the Paypal of Russia, has made its way into the cryptocurrency world with a small but steadily growing amount of Russian individuals investing in cryptocurrency.

While we do believe and support the use of multiple payment methods on Paybis, we want to optimize the page for its users. Therefore, we have decided to remove Yandex money as a payment option.

Even though not publicly stated, it has often been observed that Yandex is not as supportive of cryptocurrencies as other digital wallets are.

And that, oftentimes, created frustration to the cryptocurrency community.

While Yandex money is a popular service for online purchases, we have observed that only a very small amount of cryptocurrency purchases used this option on our exchange.

You can, of course, use several other payment methods to purchase or sell your cryptocurrencies on Paybis, such as Neteller, Skrill or Perfect-Money.

In the example below, we will show you how to exchange Neteller to Bitcoin, instead of using Yandex money.

Step 1: Create an account at Paybis and start a transaction

Select Neteller on the left-hand side and Bitcoin on the right-hand side of the Paybis home page. Enter the amount you would like to pay in Amount you deposit.

Step 2: Enter Your Bitcoin Wallet address

Press the Start Transaction and enter the following data into the form:

  1. Bitcoin wallet address - please ensure that your Bitcoin address is correct, as all transactions are irreversible, and it will not be possible to change the address later on.

If you want to purchase more than 5 000 USD weekly, the following information will be needed:

  1. First and Last Name - Should be exactly as they appear on your document. If the name does not match, your transaction will be rejected.

  2. Date of birth - Please note, we can only offer our services to people aged 18 or over.

  3. Your Address - Please note, we can't provide our services to residents of some countries/states

  4. Upload your ID document in good quality. All 4 corners should be visible, all text on the document should be readable. The better the quality, the higher the chance of getting automatic approval within 5 minutes.

  5. Tick the Checkbox that you agree to our Terms of Service and press ‘Continue’

Step 3: Continue to Checkout

Next, you will be redirected to the Transaction Details page.

  1. Double-check your entered information.

  2. If everything is correct, click on Continue to Checkout button to proceed to the payment page.

Step 4: Make a payment

Enter into your Neteller account ID and confirm the payment.

Step 5: Get your Bitcoin

Once your payment is confirmed, we will receive a notification and will proceed with the payout.

And if you want to sell Bitcoin to get Neteller, just head over here.

Are you ready to buy/sell Bitcoin?

To do so with Neteller is very simple and here's what you need to do:

  1. Create an account at Paybis

  2. Complete the transaction

  3. Receive the Bitcoin or Neteller in your wallet

 


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