How to Purchase and Exchange Cryptocurrency Using Skrill – Skrill Cryptocurrency [2022]

How to Purchase and Exchange Cryptocurrency Using Skrill – Skrill Cryptocurrency [2022]

by | Feb 20, 2022 | 0 comments

Skrill is now widely used for cryptocurrency transfers, money withdrawals, and occasional gaming activities. Its popularity is rapidly growing, and some established crypto exchange companies are capitalizing on this by looking for ways to expand their cryptocurrency trading possibilities.

Skrill provides a separate digital wallet where you may buy, sell, and store any quantity of cryptocurrency. Buying cryptocurrency using Skrill has some advantages, as it doesn’t require any additional verification for cryptocurrency trading. So, you can start trading crypto any time without any verification.

How to purchase and exchange cryptocurrency using Skrill

Check out some simple steps mentioned below to purchase and start trading cryptocurrency without any hassle.

  • Sign in or create an account: Log in to your Skrill account. If you don’t have an account, click here to learn how to create a Skrill account easily.
  • Fund Skrill wallet: Skrill accepts more than a hundred different payment methods. Debit cards, credit cards, bank transfers, and a variety of additional ways are available for depositing funds into the Skrill wallet. It’s worth noting that fiat currency takes precedence. You should also double-check the various fees associated with the deposit method you intend to use.
  • Crypto Tab: Select the “Crypto tab” from the menu on the left side of the Skrill dashboard. A list of all currently accessible cryptocurrencies will be displayed, together with their current exchange rates. Select the cryptocurrency you wish to purchase on the “Market Data” tab and click the “Trade” button at the right end of the coin you want to buy.
  • Amount to buy: After choosing your cryptocurrency, there will be a transaction form that appears on the display. There is a box labeled “From” at the top of the page in which you have to choose which fiat currency you would like to use to buy your cryptocurrency and then enter the amount you want to spend. Skrill will automatically estimate the amount you get based on the live exchange rate when you enter how much you want to spend.
  • Confirm purchase: After clicking the “Next” button, you will see a transaction summary such as the cryptocurrency amount, exchange rate, fee, and total spent amount. Select “Confirm” to complete the transaction. Your crypto balance will be displayed in 1-2 seconds, once the exchange is confirmed, in your account overview.

Fees for trading cryptocurrency – Skrill cryptocurrency 2022

There are various fees schemes for different Skrill VIP statuses, namely Skriller, True Skriller, Silver VIP, and Gold/Diamond VIP.

  • Transactions up to €19.99: €0.99 to €0.50
  • Transactions between €20: €99.99: €1.99 to €1.50
  • Transactions above €100: 1.90% to 1.30%
  • Crypto P2P: 0.50% per transaction

The minimum amount required to exchange cryptocurrencies varies by the specific coin, but it must be at least equal to 10 EUR, and the maximum amount is determined by the transaction limitations set on your account. The available cryptocurrency balance can be transferred to other Skrill members using their email addresses or mobile numbers. You can also use your coin balance to exchange any of the other cryptocurrencies that are accessible.

0 Comments

Submit a Comment

Your email address will not be published.

Related posts

Best eWallets in Uganda [2022]

Best eWallets in Uganda [2022]

Best eWallets in Uganda The Bank of Uganda is one of the organizations striving for a cashless society. Smartphone technology has made mobile money services (MMS) more viable, and efficient MMS adoption has benefited Uganda's financial inclusion in both rural and...

Best eWallets in Kenya [2022]

Best eWallets in Kenya [2022]

Best eWallets in Kenya Transformation in Financial Services of Kenya in the 21st Century While the technology of eWallets, which nowadays is a fixated feature in most smartphones isn’t new but dates back to more than a decade earlier when the story in Kenya began in...

Best eWallets in South Africa [2022]

Best eWallets in South Africa [2022]

Best eWallets in South Africa Growing Demand for Digital Money and eWallets in South Africa Africa has become the home to mobile money where the trends of digital wallets and digital applications can be seen in full swing. Some of the major reasons behind this...

Best eWallets with Debit Cards [2022]

Best eWallets with Debit Cards [2022]

eWallets with Debit Cards Digital wallets are online payment systems that typically take the shape of an app. Since the wallet keeps virtual versions of debit, you shouldn't need to enter your card data or carry a physical card to make transactions. You might even...

Best eWallets in Nigeria [2022]

Best eWallets in Nigeria [2022]

The implementation of digital wallets has aided in transforming Nigeria into a cashless transaction and overcoming the sense of uncertainty and widening the digital economy. We've lately seen the rise of a variety of digital wallets designed to address the...

Top eWallets in Malaysia [2022]

Top eWallets in Malaysia [2022]

Top eWallets in Malaysia eWallet is one of the most well-known electronic payment methods available currently. Several nations have already made electronic wallets available to their clients as an element of their everyday purchasing transaction choices. In Malaysia,...

How to Withdraw Money from Skrill [2022]

How to Withdraw Money from Skrill [2022]

How to Withdraw Money from Skrill Skrill is an electronic wallet that allows users to do business, transfer cash, and make payments over the internet. It was launched in the United Kingdom in 2001, and PaySafe Group acquired it for $800 million USD in August 2013....

Virtual Visa Prepaid Card Commenced in the USA by Skrill [2022]

Virtual Visa Prepaid Card Commenced in the USA by Skrill [2022]

Virtual Visa Prepaid Card Commenced in the USA by Skrill Skrill, a leading digital wallet service, has launched the virtual version of its Visa Prepaid card for consumers residing in the United States. Skrill USA consumers can now make purchases online using the...

Best eWallets in Uganda [2022]

eWallets for Gambling [2022]

eWallets for Gambling eWallets are virtual accounts that allow players to transfer money (deposits and withdrawals) between them and licensed gaming companies. New systems, varied game types, unique championships, incentives, and various payment options for...

How to deposit money to Skrill [2022]

How to deposit money to Skrill [2022]

Users can deposit money to their Skrill wallet using a variety of payment options. We'll go over the most common payment methods for depositing money into Skrill in this post. How to deposit money to Skrill To initiate depositing funds into your wallet, follow the...