Skrill has recently rolled out trading of decentralized digital currency on its platform with the help of a new feature that lets its users swap cryptocurrencies flawlessly.
Skrill is an e-wallet provider based in the UK and one of the distinguished digital payment platforms. The company writes in a recent social media post:
Buying and selling #crypto with Skrill just got even better. 🙌
Introducing crypto-to-crypto – a new feature that lets you use your bitcoin balance to buy and sell the other 8 cryptocurrencies we offer.
— Skrill (@skrill) November 28, 2019
Skrill did this with the help of Neteller, which is another prominent e-payment provider and is owned by Paysafe Group in London. The platform of Skrill is governed under Skrill Limited, which is also a firm that specializes in payment services with a license to carry operations in European Economic Areas.
Skrill will follow some basic KYC protocols only, and there will be no additional inspections pertained to cryptocurrency dealing.
This latest feature also facilitates trading with the help of bitcoin BTC and other related digital currencies like BCH or bitcoin cash. Skrill boasts a user base of over 15,000 traders and cross-border money transfers. Skrill’s proprietary software supports both iOS & Android and a user can buy crypto with 100 different payment ways and modification of 40 various fiat currencies on it. Users can also use their wallet to buy interests in 9 different cryptocurrencies that include Ripple, Bitcoin, Ether, Bitcoin Cash, and Litecoin.
They get access to amazing offers from the firm and can also benefit from price movements via updates anytime on their app. Users can even pick from over 100 deposit ways that consist of over 40 fiat currencies that help users buy digital money right away.
Lorenzo Pellegrino, the CEO of the company, said: “We know that our customers want more functionality to make it even easier for them to access and interact with cryptocurrency. Cryptocurrency is an important part of what we do in digital wallets and using our scale and vast experience of the payments industry, we’re continually enhancing our service to help our customers get the most out of the crypto ecosystem.”