The number of cryptocurrencies is growing, and they are now seen as a trusted investment, which results in a high demand for buying and selling crypto. According to CoinMarketCap, there are already more than five thousand cryptocurrencies.
With increased demand also comes a need to invest in crypto securely, with low risk for losing coins. The most popular ewallets expended their service to the most trusted cryptocurrencies on the market. Now, you can invest in crypto without high entry amounts. With a few smart moves, you can establish a solid portfolio.
How to buy cryptocurrency with Skrill?
Skrill customers can easily buy cryptocurrency. Skrill enables its users to turn their ewallet balance in crypto. If you have a Euro, USD, or any other supported fiat currency account, you can invest in a range of cryptocurrencies.
Skrill does not support all currencies, but you can instantly convert forty fiat currencies into Bitcoin, Bitcoin Cash, EOS, Ether, Ethereum Classic, Litecoin, XLM, XRP, and 0x. Once you log in to your account and exchange fiat for crypto or vice versa, Skrill will not demand an additional verification. These transactions are considered internal exchanges within your account.
Currently, Skrill supports the following cryptocurrencies:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- EOS
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Litecoin (LTC)
- XLM
- XRP
- 0x (ZRX).
Skrill customers can expect the list of available crypto to expand to additional cryptocurrencies.
Fees for buying and selling crypto with Skrill
Skrill will charge a relatively high fee for crypto purchases under 100 EUR, for transactions above 100 EUR Skrill charges 1.5% when you buy or sell your interest in crypto.
BUYING CRYPTO
SKRILL FEE
Transaction up to 19.99 EUR0.99 EUR per transactionTransactions between 20 and 99.99 EUR1.99 EUR per transactionTransactions above 100 EUR1.5 % per transactionSELLING CRYPTO
SKRILL FEE
Transaction up to 19.99 EUR0.99 EUR per transactionTransactions between 20 and 99.99 EUR1.99 EUR per transactionTransactions above 100 EUR1.5 % per transaction
Limitations to buying and selling crypto with Skrill
Skrill Crypto service comes with limitations towards the minimum and maximum amount that you can buy or sell. The minimum is set at approximately 10 EUR, depending on the currency you will like to invest in. Also, your maximum amount is also limited by the status of your account. It is much easier for VIP status holders, as they have higher transaction limits, which give them more flexibility when converting substantial amounts.
For example, Paynura can help you lower the threshold for VIP. Once you have VIP status, your transaction limits will be raised.
TransferSend money FREEFree MastercardCredit card upload feeAdditional currency acc.FX feeATM withdrawal limitsATM feesSkrill Fraud guaranteeP. Account ManagerPriority bank uploadsBronze vip6.000 € per quarterWith Paynura 3.000 EUR1,45% (min $0.50)1%3.79%900€1.80€Silver vip15.000 € per quarterWith Paynura 5.000 EUR1%+ 1 Currency2.89%1500€No feeGold vip45.000 € per quarterWith Paynura 15.000 EUR1%+ 2 Currency2.59%3000€No feeDiamond vip90.000 € per quarterWith Paynura 45.000 EUR1%+ 3 Currency1.99%5000€No feeBronze vipTransfer6.000 € per quarterWith Paynura 3.000 EURSend money FREE1,45% (min $0.50)Free MastercardCredit card upload fee1%Additional currency acc.FX fee3.79%ATM withdrawal limits900€ATM fees1.80€Skrill Fraud GuaranteeP. Account ManagerPriority bank uploadsSilver vipTransfer15.000 € per quarterWith Paynura 5.000 EURSend money FREEFree MastercardCredit card upload fee1%Additional currency acc.+ 1 CurrencyFX fee2.89%ATM withdrawal limits1500€ATM fees'No feeSkrill Fraud guaranteeP. Account ManagerPriority bank uploadsGold vipTransfer45.000 € per quarterWith Paynura 15.000 EURSend money FREEFree MastercardCredit card upload fee1%Additional currency acc.+ 2 CurrencyFX fee2.59%ATM withdrawal limits3000€ATM feesNo feeSkrill Fraud guaranteeP. Account ManagerPriority bank uploadsDiamond vipTransfer90.000 € per quarterWith Paynura 45.000 EURSend money FREEFree MastercardCredit card upload fee1%Additional currency acc.+ 3 CurrencyFX fee1.99%ATM withdrawal limits5000€ATM feesNo feeSkrill Fraud guaranteeP. Account ManagerPriority bank uploadsIf you want to raise the limit of your account, you can always turn to Paynura Support Team for help with upgrades.
However, Skrill enables you to handle cryptocurrency within your account, but not to send it to your friends and partners. Transfers of crypto to another account are not supported, you will always have to turn it into a fiat currency.
Access a variety of cryptocurrencies, trading and exchange options with Bitpanda
Skrill users can also turn to other platforms for acquiring digital assets. On the latest edition of FinTech Awards in Vienna, there was a lot of buzz around Bitpanda. In this very competitive market, Bitpanda is showcasing the ability to merge a variety of services into one platform, positioning itself as an advanced trading platform and digital asset exchange.
“At Bitpanda, one of our ambitions is to redefine the world of investing for a new generation of investors who are about to enter their prime spending and working years,” said Lukas Enzersdorfer-Konrad, COO of Bitpanda.
You can upload funds to Bitpanda with your Skrill account and turn them into crypto, start trading, or use the exchange option. Here, the minimum amount to trade is lower than with Skrill; you can buy crypto starting from 1 EUR or other fiat currency equivalent.
Free internal transfers are another exciting feature of Bitpanda. You can send cryptocurrencies to another Bitpanda user for free, all you need is the email address linked to his Bitpanda account.
Are you interested in trading crypto with digital wallets like Skrill or Neteller?
Paynura can assist you by providing information about the most reliable platforms and purchasing methods. We advise all Skrill and Neteller users to update their accounts to VIP to raise their transfer limits and lower the fees. Our support team will guide you step by step. Start today!
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