|

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 defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

Ripple holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token’s upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum.

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot ETFs recording $442.67 million in net inflows through Thursday.

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.

Pi Network holds modest gains as mixed technicals curb upside

Pi Network (PI) price is up 2% on Friday, showing signs of recovery while the broader cryptocurrency market faces near-term weakness. The crypto market sentiment eases to neutral from bullish amid rising long liquidations.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.