Can I sell my Bitcoin and get payd via payoneer? If not why, can you show me the policy it violates?

RebecaOAM

I have done some serious research through payoneer policy, and didn't found anything specific about bitcoin. But if bitcoin is a commodity (coin is just the name) and not a currency, because no currency definition fits to bitcoin. what does it make Bitcoin different than other digital product that deserves to have a restriction to be sold ?

[Deleted User]

Hello, @RebecaOAM , @ermirald and @Tamaraq

Please note that bitcoin is a digital currency, known as cryptocurrency. Due to business considerations and regulations, purchasing or selling cryptocurrencies is against our Terms and Conditions. Any transactions related (even indirectly) to cryptocurrencies will not be processed.

You are welcome to review our Terms and Conditions. Please check part 20 "Prohibited Transactions", paragraph 20.2.

We apologize for any inconvenience.

Tamaraq

El caso es que si recibo dinero producto de la venta de alguna Cryto moneda, y la tengo en un monedero virtual, como por ejemplo Blockchaing, ¿Puedo realizar la transferencia desde ese monedero a mi cuenta en Payoneer?

ermirald

No dont make that mistake. Payoneer will dissable your account. Even its not written anywhere payoneer will dissable you account if you try to use your account or card to buy or sell bitcoins

xtremek2

I've been revising the "prohibited" section 20, and it includes Food and Beverages. So, I cannot use the card even to buy groceries?
Or this sections is restricted to Payoneer-to-Payoneer transactions?

LauraPayoneer

Hi @xtremek2! Yes, you can use the card to buy groceries in a supermarket. Please note that the Terms & Conditions are related to our services.