Kat Moon in SKRILL
Jan. 19, 2020

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The best ways to securely buy and sell crypto

How to invest in cryptocurrencies with your ewallet or reliable trading platform? Even if you do not have a fortune to invest.

The best ways to securely buy and sell crypto

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 transaction
Transactions between 20 and 99.99 EUR1.99 EUR per transaction
Transactions above 100 EUR1.5 % per transaction

SELLING CRYPTO

SKRILL FEE

Transaction up to 19.99 EUR0.99 EUR per transaction
Transactions between 20 and 99.99 EUR1.99 EUR per transaction
Transactions 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.  

Transfer
Send money FREE
Free Mastercard
Credit card upload fee
Additional currency acc.
FX fee
ATM withdrawal limits
ATM fees
Skrill Fraud guarantee
P. Account Manager
Priority bank uploads
Bronze vip
6.000 € per quarter
With Paynura 3.000 EUR
1,45% (min $0.50)
1%
3.79%
900€
1.80€
Silver vip
15.000 € per quarter
With Paynura 5.000 EUR
1%
+ 1 Currency
2.89%
1500€
No fee
Gold vip
45.000 € per quarter
With Paynura 15.000 EUR
1%
+ 2 Currency
2.59%
3000€
No fee
Diamond vip
90.000 € per quarter
With Paynura 45.000 EUR
1%
+ 3 Currency
1.99%
5000€
No fee
Bronze vip
Transfer
6.000 € per quarter
With Paynura 3.000 EUR
Send money FREE
1,45% (min $0.50)
Free Mastercard
Credit card upload fee
1%
Additional currency acc.
FX fee
3.79%
ATM withdrawal limits
900€
ATM fees
1.80€
Skrill Fraud Guarantee
P. Account Manager
Priority bank uploads
Silver vip
Transfer
15.000 € per quarter
With Paynura 5.000 EUR
Send money FREE
Free Mastercard
Credit card upload fee
1%
Additional currency acc.
+ 1 Currency
FX fee
2.89%
ATM withdrawal limits
1500€
ATM fees
'No fee
Skrill Fraud guarantee
P. Account Manager
Priority bank uploads
Gold vip
Transfer
45.000 € per quarter
With Paynura 15.000 EUR
Send money FREE
Free Mastercard
Credit card upload fee
1%
Additional currency acc.
+ 2 Currency
FX fee
2.59%
ATM withdrawal limits
3000€
ATM fees
No fee
Skrill Fraud guarantee
P. Account Manager
Priority bank uploads
Diamond vip
Transfer
90.000 € per quarter
With Paynura 45.000 EUR
Send money FREE
Free Mastercard
Credit card upload fee
1%
Additional currency acc.
+ 3 Currency
FX fee
1.99%
ATM withdrawal limits
5000€
ATM fees
No fee
Skrill Fraud guarantee
P. Account Manager
Priority bank uploads

If 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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