Skrill – Fees and Limits
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Skrill Fees
There are many different fees eligible on your Skrill account, depending upon the kind of services you’re using Skrill. Therefore, it’s crucial to understand all the applicable fees on your account before beginning the transferring process.
Depositing Fee
To start using your e-wallet, it’s necessary for users to top-up the account first and deposits some funds into the e-wallet. The depositing fee depends upon the method that the user has chosen to add funds.
Furthermore, the fee depends on the country you’re depositing from, as the fee rate varies from country to country.
Withdrawal Fee
Withdrawal alternatives offered by the Skrill and any transaction choices accessible vary based on the country and currency they are conducted. Some countries only allow a limited amount of particular money to be extracted simultaneously, so the withdrawal goes.
The most frequent withdrawal fees are listed below, broken down country by country.
Prepaid MasterCard® Fees
One of the best advantages of having a Skrill account is the option of Skrill Prepaid MasterCard. This card allows users to withdraw money from ATMs, transfer funds, make transactions and make payments worldwide. Although the card isn’t operant in all countries yet, it is permissible to be used in over 31 countries.
Like any other site activity, withdrawal costs are determined by the account’s VIP status and are listed in the table below.
Crypto Fees
The Skrill website has its real-time cryptocurrency market available that allows users to make transactions through crypto. This method is an excellent way for any crypto trader, whether skilled or inexperienced, to keep track of their investments and earnings. Unlike other types of transactions, the deposit and withdrawal costs associated with buying and selling cryptocurrencies are solely determined by the value of the transfer rather than your VIP level. However, the latter will still be used to determine your account status.
This process increases the value of any cryptocurrency transactions by benefiting from your trade-in in various ways. Read more about Skrill and cryptocurrencies here.
The main limitation is that bitcoin trading is currently limited to the European Economic Area (EEA) inhabitants of 31 countries. The following are the rates for cryptocurrency transactions:
