With the Skrill wallet, customers can now buy and sell Bitcoin, Bitcoin Cash, Ether, and Litecoin.
Payments operator Skrill announced on Wednesday that its customers can now buy and sell Cryptocurrencies using the Skrill wallet. This includes buying and selling Bitcoin, Bitcoin Cash, Ether, and Litecoin by using the more than 40 fiat currencies available in the Skrill wallet.
Skrill is a digital wallet and mobile Payments operator. The update to its wallet is the payment providers first foray into the virtual currency world. Historically, the company has been focused on poker, sports betting, and casino rooms.
Skrill wallet isn’t available in the US or Russia
The company’s new cryptocurrency capability is now live in more than 30 countries. This includes the United Kingdom, UAE, Australia, and Canada. However, the update is not available in some of its key markets including Russia and the United States.
In the next few months, the company plans to increase the service to additional markets. It will also add the crypto capabilities to its mobile app and the NETTELLER digital wallet. NETTELLER is a product from its parent company Paysafe.
Commenting on the launch of the new crypto feature, Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access, said: “the world of cryptocurrency trading is exciting and dynamic, and our digital wallet service very much lends itself to this environment.
“I’m confident that the ability to trade in cryptocurrencies quickly and easily through Skrill will appeal to consumers both now and in the future. We know many people want to experiment with cryptocurrency trading but don’t know where to start and we’ve made the entire process very straightforward.”
According to the statement, at the moment customers can only buy and sell interests in cryptocurrencies. They can’t transfer their cryptocurrency holdings to other customers of Skrill or use it for transactions with merchants. Customers can expect this feature in the future. However, the wallet does allow you to upload funds in numerous payment options and currencies.
Payments operator Skrill announced on Wednesday that its customers can now buy and sell Cryptocurrencies using the Skrill wallet. This includes buying and selling Bitcoin, Bitcoin Cash, Ether, and Litecoin by using the more than 40 fiat currencies available in the Skrill wallet.
Skrill is a digital wallet and mobile Payments operator. The update to its wallet is the payment providers first foray into the virtual currency world. Historically, the company has been focused on poker, sports betting, and casino rooms.
Skrill wallet isn’t available in the US or Russia
The company’s new cryptocurrency capability is now live in more than 30 countries. This includes the United Kingdom, UAE, Australia, and Canada. However, the update is not available in some of its key markets including Russia and the United States.
In the next few months, the company plans to increase the service to additional markets. It will also add the crypto capabilities to its mobile app and the NETTELLER digital wallet. NETTELLER is a product from its parent company Paysafe.
Commenting on the launch of the new crypto feature, Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access, said: “the world of cryptocurrency trading is exciting and dynamic, and our digital wallet service very much lends itself to this environment.
“I’m confident that the ability to trade in cryptocurrencies quickly and easily through Skrill will appeal to consumers both now and in the future. We know many people want to experiment with cryptocurrency trading but don’t know where to start and we’ve made the entire process very straightforward.”
According to the statement, at the moment customers can only buy and sell interests in cryptocurrencies. They can’t transfer their cryptocurrency holdings to other customers of Skrill or use it for transactions with merchants. Customers can expect this feature in the future. However, the wallet does allow you to upload funds in numerous payment options and currencies.
Bitget's Bitcoin Reserve Ratio Soars Over 300% Following Halving
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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