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There are dozens of exchanges to acquire bitcoins with Skrill.
Paybis Paybis is a popular serving 180+ countries with support for Skrill payments. Paybis offers incredibly high limits and super fast delivery of coins.
Skrill is a online payment services provider. Formerly known as Moneybookers, Skrill has been around since 2001.(1)
Skrill aims to simplify online payments and process them as cheaply as possible. In addition to payments on merchant websites, users can send money to an international bank account and pay a beneficiary using only a phone number or email address.(2)
Skrill is available in the following countries(3):
| Australia | India | Mexico | Slovakia |
| Austria | Indonesia | Monaco | Slovenia |
| Bangladesh | Ireland | Nepal | Spain |
| Belgium | Italy | Netherlands | Sri Lanka |
| Cyprus | Kenya | Nigeria | Thailand |
| Estonia | Latvia | Pakistan | United Kingdom |
| Finland | Lithuania | Philippines | United States of America |
| France | Luxembourg | Portugal | Vietnam |
| Germany | Malaysia | Poland | |
| Greece | Malta | San Marino |
While similar to PayPal in many ways, Skrill does not offer purchase protection. This means that there is no way to reclaim your funds in the event that you do not receive the goods you paid for. While this is the main reason that you can use it to buy Bitcoin (as many merchants are wary of chargebacks), it also means that you need to make sure that you're buying from a legitimate seller.
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Skrill allows users in some European countries to purchase cryptocurrency within the Skrill interface. If Skrill's cryptocurrency offering is available in your country, you'll see an option to Buy & Sell Crypto on your account dashboard.
To buy or sell any of the supported assets, click trade on the right hand side of your crypto dashboard.
You can create market, limit, or recurring orders. You also have the ability to set price alerts.
This makes it about as easy as it can get to buy Bitcoin using Skrill.
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Once you've bought Bitcoin, you can also send it to another Skrill customer.
Note that you're not able to send it to an external wallet or exchange address.
To send crypto to another Skrill user:
Select Skrill to Skrill on the Send section of your account, or click the Send icon next to the cryptocurrency you wish to transfer
Enter the recipient's email address or phone number (country code included)
Select the cryptocurrency you wish to transfer from the Select Balance field
Enter the amount and hit Continue
Check that the transaction details are correct. This is where you will see the applicable fees and limits. If it's all good, click Confirm
If they haven't previously, the recipient will need to accept Skrill's Crypto Disclaimer.
If you send Bitcoin to an email address that is not registered with Skrill, your transaction will show up as Pending for 14 days. If it is not claimed during this time, it will be returned to you. You can also manually cancel a Skrill to Skrill transfer during this window.
If you're just looking to gain exposure to Bitcoin and don't require the ability to send your holdings to an external or non-Skrill wallet, this is a very simple and convenient way of doing so.
If you're not in one of Skrill's currently supported countries, don't worry, there are still a number of ways you can use Skrill to buy Bitcoin.
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Bitpanda is one of the largest and safest Bitcoin exchanges that accept Skrill.
Verified users can deposit Euros, British Pounds, US Dollars, and Swiss Francs. Withdrawals in each of these currencies are also possible with Skrill.
Buying Bitcoin with Skrill on Bitpanda is quite straightforward.
First, click Deposit up the top right of your homepage.
Next, select the currency you wish to deposit.
For this walkthrough, we'll deposit Euros.
Next, you'll select the deposit method. Skrill is listed here, along with its fees of €1 + 3.60%.
Enter the amount you wish to deposit. There is a minimum of €25 and a maximum of €10,000.
You'll then be shown an overview of the transaction you're about to submit. Take a look to confirm that the details are correct.
Next, you'll be sent a code to your verified phone number to approve the transaction.
Once confirmed, you'll be redirected to Skrill's payment interface.
On Skrill's site, you'll be able to log in to your existing account, or create a new one.
Once logged in, you have the option of paying with your current Skrill balance or using the Rapid Transfer system.
For a Rapid Transfer, you'll need to enter your IBAN and SWIFT codes.
Once you've confirmed the payment on Skrill's side, the deposit should show up in your Bitpanda wallet within seconds.
Buying Bitcoin with your wallet balance is as simple as clicking Trade up the top right, just next to Deposit.
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eToro is another online brokerage that supports Skrill deposits. Once you have funds in your account, you can then use them to purchase Bitcoin.
To deposit funds using Skrill:
Your deposit will show in your account within minutes.
To buy Bitcoin using your newly-credited funds, click BTC on your account dashboard.
You'll be taken to the following screen, where you can read up on Bitcoin news, check out the charts, or see statistics and figures.
Hit Trade to place an order.
Here you can define the terms of your trade: how much to buy, if you wish to use leverage, set a stop loss, or take profit.
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Paybis is a cryptocurrency exchange located in the UK. Founded in 2014, it has expanded to offer service to 48 U.S. states (Hawaii and New York are not supported) and more than 180 countries worldwide.
One of Paybis's best features is that it is non-custodial, i.e. your Bitcoin goes straight to your wallet, it is not stored on the exchange.
As Bitpanda and its support for Skrill payments is not available to Americans, Paybis is an alternative worth considering for those in the U.S.
Verified Paybis users need only create a new order on the exchange, enter their wallet address, and complete payment on Skrill.
Fees are quite high, however. As you can see in the above screenshot, you'll only end up with $439 of Bitcoin after paying $500.
Skrill takes a 3.57% fee, Paybis takes a very high 7.95% cut, and Bitcoin network fees eat up $3.10.
Fees for purchases of Bitcoin using Euros are very slightly lower, with Paybis charging 6.95% for their services.
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LocalBitcoins is another option if you're looking to purchase Bitcoin with Skrill.
There are many offers posted on the peer-to-peer marketplace for sellers who will accept Skrill. You can also post your own buy offer at any price you like, and hopefully someone will take you up on it.
The spread (difference between the mid-market price and the price you will actually pay) begins at about 1%.
Note that many sellers require your Skrill funds to be marked as "gambling funds." MasterCard deposits do not allow you to use the deposited funds for gambling purposes. Visa cards are not subject to these restrictions.
As always, be sure to conduct all communication through the LocalBitcoins messaging system and never send any money before the Bitcoin is in escrow.
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Paxful, like LocalBitcoins, is a peer-to-peer (P2P) marketplace. You can open a trade with any seller who has an open offer, or create your own offer and define the price and your terms of trade.
Skrill is one of the more than 350 payment options supported on Paxful.
Offers start around 8% higher than the spot price of Bitcoin, though you may get lucky and come across a more competitively-priced offer.
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LocalCryptos is a smart-contract based P2P market.
All communications between buyers and sellers are encrypted. The site's arbitrators only have access to your messages if a dispute is opened, otherwise they are deleted 30 days after the completion of the trade.
Offers for Skrill purchases of Bitcoin were much more expensive than the market price at the time of writing. This is bound to fluctuate, so it's worth checking back often or creating your own offer.
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VirWoX is the best option if you don't live in the EU. If you live in the EU, then BitPanda is cheaper although requires more identity verification. VirWoX does not require ID verification.
The main reason it's hard to convert Skrill to Bitcoin is because Skrill payments can be reversed, while Bitcoin payments are irreversible.
-
Once you've bought Bitcoin, you can also send it to another Skrill customer.
Note that you're not able to send it to an external wallet or exchange address.
To send crypto to another Skrill user:
Select Skrill to Skrill on the Send section of your account, or click the Send icon next to the cryptocurrency you wish to transfer
Enter the recipient's email address or phone number (country code included)
Select the cryptocurrency you wish to transfer from the Select Balance field
Enter the amount and hit Continue
Check that the transaction details are correct. This is where you will see the applicable fees and limits. If it's all good, click Confirm
If they haven't previously, the recipient will need to accept Skrill's Crypto Disclaimer.
If you send Bitcoin to an email address that is not registered with Skrill, your transaction will show up as Pending for 14 days. If it is not claimed during this time, it will be returned to you. You can also manually cancel a Skrill to Skrill transfer during this window.
If you're just looking to gain exposure to Bitcoin and don't require the ability to send your holdings to an external or non-Skrill wallet, this is a very simple and convenient way of doing so.
If you're not in one of Skrill's currently supported countries, don't worry, there are still a number of ways you can use Skrill to buy Bitcoin.
-
Bitpanda is one of the largest and safest Bitcoin exchanges that accept Skrill.
Verified users can deposit Euros, British Pounds, US Dollars, and Swiss Francs. Withdrawals in each of these currencies are also possible with Skrill.
Buying Bitcoin with Skrill on Bitpanda is quite straightforward.
First, click Deposit up the top right of your homepage.
Next, select the currency you wish to deposit.
For this walkthrough, we'll deposit Euros.
Next, you'll select the deposit method. Skrill is listed here, along with its fees of €1 + 3.60%.
Enter the amount you wish to deposit. There is a minimum of €25 and a maximum of €10,000.
You'll then be shown an overview of the transaction you're about to submit. Take a look to confirm that the details are correct.
Next, you'll be sent a code to your verified phone number to approve the transaction.
Once confirmed, you'll be redirected to Skrill's payment interface.
On Skrill's site, you'll be able to log in to your existing account, or create a new one.
Once logged in, you have the option of paying with your current Skrill balance or using the Rapid Transfer system.
For a Rapid Transfer, you'll need to enter your IBAN and SWIFT codes.
Once you've confirmed the payment on Skrill's side, the deposit should show up in your Bitpanda wallet within seconds.
Buying Bitcoin with your wallet balance is as simple as clicking *Trade* up the top right, just next to *Deposit*.
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eToro is another online brokerage that supports Skrill deposits. Once you have funds in your account, you can then use them to purchase Bitcoin.
To deposit funds using Skrill:
Your deposit will show in your account within minutes.
To buy Bitcoin using your newly-credited funds, click BTC on your account dashboard.
You'll be taken to the following screen, where you can read up on Bitcoin news, check out the charts, or see statistics and figures.
Hit *Trade* to place an order.
Here you can define the terms of your trade: how much to buy, if you wish to use leverage, set a stop loss, or take profit.
-
Paybis is a cryptocurrency exchange located in the UK. Founded in 2014, it has expanded to offer service to 48 U.S. states (Hawaii and New York are not supported) and more than 180 countries worldwide.
One of Paybis's best features is that it is non-custodial, i.e. your Bitcoin goes straight to your wallet, it is not stored on the exchange.
As Bitpanda and its support for Skrill payments is not available to Americans, Paybis is an alternative worth considering for those in the U.S.
Verified Paybis users need only create a new order on the exchange, enter their wallet address, and complete payment on Skrill.
Fees are quite high, however. As you can see in the above screenshot, you'll only end up with $439 of Bitcoin after paying $500.
Skrill takes a 3.57% fee, Paybis takes a very high 7.95% cut, and Bitcoin network fees eat up $3.10.
Fees for purchases of Bitcoin using Euros are very slightly lower, with Paybis charging 6.95% for their services.
-
LocalBitcoins is another option if you're looking to purchase Bitcoin with Skrill.
There are many offers posted on the peer-to-peer marketplace for sellers who will accept Skrill. You can also post your own buy offer at any price you like, and hopefully someone will take you up on it.
The spread (difference between the mid-market price and the price you will actually pay) begins at about 1%.
Note that many sellers require your Skrill funds to be marked as "gambling funds." MasterCard deposits do not allow you to use the deposited funds for gambling purposes. Visa cards are not subject to these restrictions.
As always, be sure to conduct all communication through the LocalBitcoins messaging system and never send any money before the Bitcoin is in escrow.
-
Paxful, like LocalBitcoins, is a peer-to-peer (P2P) marketplace. You can open a trade with any seller who has an open offer, or create your own offer and define the price and your terms of trade.
Skrill is one of the more than 350 payment options supported on Paxful.
Offers start around 8% higher than the spot price of Bitcoin, though you may get lucky and come across a more competitively-priced offer.
-
All communications between buyers and sellers are encrypted. The site's arbitrators only have access to your messages if a dispute is opened, otherwise they are deleted 30 days after the completion of the trade.
Offers for Skrill purchases of Bitcoin were much more expensive than the market price at the time of writing. This is bound to fluctuate, so it's worth checking back often or creating your own offer.
BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.
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