|

Bitcoin, Ethereum, Litecoin and other coins now can be purchased via Skrill service; the market continue its upside quest

  • Online payment system added functionality to allow users buying cryptocurrencies.
  • Market reaction is muted, but generally positive.

Online payment system Skrill now offers an easy way to buy and sell cryptocurrency Bitcoin, Litecoin, Ethereum, Bitcoin Cash for over 40 currencies. The company says that there are over 100 ways to deposit an account that allow exchanging digital coins for fiat and vice versa in a matter of seconds. 

"Exchange from 40 fiat currencies to Bitcoin, Bitcoin Cash, Litecoin or Ether and back to your wallet currency instantly and securely no additional verification is needed," the announcement says.

No additional Skrill wallet is necessary to perform operations with cryptocurrencies as Skrill customers can exchange their balance in local currency to crypto via their existing wallet. However, the service is not available in countries of Skrill presence. For example, the residents of Russia and USA won't be able to enjoy the new Skrill functionality. 

The minimum purchase is about 10 euro, though the exact amount  will depend on the coin.  Maximum amount depends on the transaction limits associated with user's account.

This news came in handy to support the rally on the cryptocurrency market. Bitcoin has gained 6.8% since this time yesterday, changing hands at $8,285; Ethereum is creeping closer to $500 resistance, while XRP is trading at $0.4579, 2% higher on a daily basis.

Author

Tanya Abrosimova

Tanya Abrosimova

Independent Analyst

 

More from Tanya Abrosimova
Share:

Editor's Picks

XRP retreats as ETF interest cools
Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.
Crypto Today: Bitcoin, Ethereum, XRP pare losses as breakout potential builds
Bitcoin (BTC) is edging higher on Friday, albeit gradually, after reclaiming support above $65,000. Meanwhile, Ethereum (ETH) shows signs of stability near the immediate $1,900 hurdle, backed by mild capital inflows. Ripple (XRP), on the other hand, holds above the pivotal $1.10, with its upside structurally constrained below $1.15.
Bitcoin Weekly Forecast: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.
Crypto shrugs off a stronger Dollar
Cryptocurrencies have been affected by jitters in traditional financial markets, losing 0.8% of their market capitalisation over the past 24 hours to $2.23T, dipping to a low of $2.21T at the start of active trading in Asia.
Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.