Skrill is a global payment service that facilitates low-cost, instant international money transfers. Its popularity among Bitcoin investors has grown, rivaling platforms like PayPal and Neteller. Skrill simplifies Bitcoin purchases through cryptocurrency exchanges and peer-to-peer (P2P) marketplaces, supporting over 40 fiat currencies across 200+ countries. While users can buy Bitcoin directly into their Skrill wallets, linking Skrill to exchanges unlocks additional benefits.
This guide covers how to buy Bitcoin with Skrill and lists top exchanges supporting Skrill transactions.
Does Skrill Support Bitcoin Purchases?
Major cryptocurrency exchanges increasingly accept Skrill for fiat deposits and Bitcoin purchases. Skrill offers low commissions and near-instant deposits. After funds appear in their exchange wallet, users can trade Bitcoin seamlessly. For example:
- eToro allows Skrill deposits for purchasing multiple cryptocurrencies, with zero funding fees and instant processing.
Quick Guide to Buying Bitcoin With Skrill
Follow these 5 steps:
- Create a Skrill Account: Register for free on Skrill’s website, then verify your identity to unlock higher transaction limits.
- Choose a Crypto Platform: Opt for exchanges or P2P marketplaces that accept Skrill (e.g., eToro, Binance).
- Complete KYC Verification: Submit a government ID and proof of address to comply with exchange requirements.
- Deposit via Skrill: Select Skrill as your payment method and enter the deposit amount.
- Buy Bitcoin: Search for BTC on the exchange, enter your desired amount, and confirm the trade.
How to Purchase Bitcoin Using Skrill
1. eToro – Best for Zero Skrill Deposit Fees
- Features: Social trading, CopyTrader, and 2,000+ assets.
- Process: Verify your account, deposit via Skrill (minimum $10–$50), and trade BTC instantly.
- Fees: No commission on trades; $5 withdrawal fee.
2. Binance – Best for Low Fees
- Features: P2P marketplace with 300+ payment methods.
- Process: Use Binance P2P to trade BTC with Skrill-accepting sellers.
- Fees: Zero fees for P2P trades.
3. CEX.IO – Best for Security
- Features: High liquidity, 200+ crypto markets.
- Process: Deposit via Skrill (3.99% fee) after matching your Skrill/CEX.IO email.
4. Paybis – Highest Limits
- Features: Up to $200,000 per BTC transaction.
- Process: Enter wallet address, verify ID, and pay via Skrill.
5. Paxful – Leading P2P Marketplace
- Features: 350+ payment methods.
- Process: Filter sellers accepting Skrill and complete trades via escrow.
6. EXMO – Instant Transfers
- Features: Rapid Transfer for instant deposits.
- Fees: 0.1% trading fee.
7. Bitpanda – Best for Europeans
- Features: 100+ digital assets.
- Deposit Limits: Min. €25; max. €10,000,000.
Pros and Cons of Using Skrill
✅ Pros:
- Instant deposits/withdrawals.
- High security with mandatory verification.
- Supports 40+ fiat currencies.
- Low fees (e.g., free Skrill deposits on eToro).
❌ Cons:
- Not supported on all exchanges.
- Currency conversion fees apply.
FAQ
Can I buy Bitcoin instantly with Skrill?
Yes—Skrill deposits are instant on most platforms.
Can I hold crypto in my Skrill wallet?
Yes! Skrill allows direct Bitcoin purchases and storage.
Conclusion
Skrill is a fast, secure, and cost-effective way to buy Bitcoin on supported exchanges like eToro and Binance. While its availability is limited, its global reach and multi-currency support make it a top choice for crypto investors.