Gambling Payments Processing company Skrill launches “Skrill Cryptocurrency Service”

December 4, 2019 by: David Burke

New York. 4th December 2019.

Skrill (formerly known as Moneybookers) has announced that from today their customers can use bitcoin to buy other cryptocurrencies using the Skrill Cryptocurrency Service. This means their customers no longer have to convert their holdings in one cryptocurrency back to FIAT before purchasing a different cryptocurrency, resulting in less transactions and lower fees.

The Skrill website now offers a BTC pairing for every cryptocurrency available in Skrill, with future pairings expected to be added soon.

“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.”

– Lorenzo Pellegrino, CEO of Skrill, NETELLER and Income Access at Paysafe.

Skrill is just one of the many e-wallet services who understand and are leveraging the many benefits of using Cryptocurrency for online gamblers – expanding their offerings in this area to enable faster, frictionless gambling.

The Paysafe brand has plans to roll out the same crypto-to-crypto buy and sell feature in its NETELLER digital wallet in the near future.