Crypto boost for Skrill wallet users

PaySafe offshoot, Skrill, is now offering its customers the opportunity to buy and sell cryptocurrencies, including Bitcoin, Bitcoin Cash, Ether and Litecoin, using 40+ fiat currencies available in its digital wallet.

At this stage, however, they will not be able to transfer their cryptocurrency holding to other Skrill customers or use it to transact with merchants. This service will be added in the future.

Lorenzo Pellegrino, CEO Skrill, NETELLER and Income Access, comments: “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.”

The new capability is now live in Australia, Argentina, Austria, Belgium, Brazil, Bulgaria, Canada, Colombia, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Mexico, Netherlands, Norway, Peru, Poland, Portugal, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, UAE and the UK.

The company plans to roll it out to additional markets and extend the service to its mobile app and Paysafe’s NETELLER digital wallet in the next few months. To try it, click here or to register for a Skrill wallet, click here.