How to Buy Bitcoins with Skrill

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There are dozens of exchanges to acquire bitcoins with Skrill.

eToroeToro

eToro is a trading platform and crypto exchange. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.

Deposits can be made quickly via Skrill. It also offers unique features like copy trading.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Visit eToro's Website

Pros
  • Offers unique copy trading feature
  • Trusted exchange that has been active in traditional finance
  • Interface is clean and easy to use
Cons
  • You cannot deposit cryptocurrency, but you can deposit with other payment methods
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

BitpandaBitpanda

Bitpanda is a bitcoin exchange based in Austria. Among many payment methods accepted, customers from Europe can buy bitcoins with Skrill in under 10 seconds.

Note that the exact fees for purchasing with Skrill are not displayed publically. You will be shown a buy price at check out and the fees for using Skrill are included in that price.

Scroll to the end of this post for a step-by-step tutorial on how to buy BTC with Skrill on Bitpanda.

Here is a quick step-by-step guide on how to buy bitcoins with Skrill on Bitpanda:

  1. Create an account on Bitpanda.
  2. Confirm your identity and SMS verification.
  3. Deposit EUR and continue through to buy!
  4. Withdraw the BTC to your own Bitcoin wallet!
Visit Bitpanda's Website

Pros
  • Some of the lowest fees for buying bitcoins with credit/debit card
  • Reliable and trusted broker
Cons
  • Fees aren't shown openly on the site but instead included in the buying price
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Fast
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

PaybisPaybis

Paybis is a popular serving 180+ countries with support for Skrill payments. Paybis offers incredibly high limits and super fast delivery of coins.

Pros
  • 24/7 live support
  • Paybis has extremely high limits
  • 5 Minute verification
  • Get payouts fast
  • Large selection of payment methods
Cons
  • No traditional order book for advanced traders
ease icon
Ease of Use
Easy
privacy icon
Privacy
Low
speed icon
Speed
Average
fees icon
Fees
Low
reputation icon
Reputation
Trusted
limits icon
Limits
High

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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Buying Bitcoin with Skrill Directly


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.


skrill 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.


-

Sending Bitcoin with Skrill


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:

  1. Select Skrill to Skrill on the Send section of your account, or click the Send icon next to the cryptocurrency you wish to transfer

  2. Enter the recipient's email address or phone number (country code included)

  3. Select the cryptocurrency you wish to transfer from the Select Balance field

  4. Enter the amount and hit Continue

  5. 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.


-

Buying Bitcoin with Skrill on Bitpanda


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.


bitpanda deposit

Next, select the currency you wish to deposit.


wallet 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%.


bitpanda deposit methods

Enter the amount you wish to deposit. There is a minimum of €25 and a maximum of €10,000.


bitpanda deposit amount

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.


bitpanda transaction overview

Next, you'll be sent a code to your verified phone number to approve the transaction.


bitpanda confirm transaction

Once confirmed, you'll be redirected to Skrill's payment interface.


bitpanda skrill redirect

On Skrill's site, you'll be able to log in to your existing account, or create a new one.


skrill login

Once logged in, you have the option of paying with your current Skrill balance or using the Rapid Transfer system.


skrill payment

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.


-

Buying Bitcoin with Skrill on eToro


eToro is another online brokerage that supports Skrill deposits. Once you have funds in your account, you can then use them to purchase Bitcoin.


etoro dashboard

To deposit funds using Skrill:

  1. Click Deposit Funds down the bottom left of your account homepage
  2. Enter the amount and currency you wish to deposit
  3. Select Skrill
  4. Log in to your account and complete payment on Skrill's portal

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.


etoro trade bitcoin

Hit Trade to place an order.


etoro order bitcoin

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.


-

Buying Bitcoin with Skrill on Paybis


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.


paybis skrill

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.


-

Buying Bitcoin with Skrill on LocalBitcoins


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%.


localbitcoins skrill

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.


-

Buying Bitcoin with Skrill on Paxful


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.


paxful skrill

Offers start around 8% higher than the spot price of Bitcoin, though you may get lucky and come across a more competitively-priced offer.


-

Buying Bitcoin with Skrill on LocalCryptos


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.


localcryptos skrill

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.


-

Frequently Asked Questions


Isn't VirWoX the best way?

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.

Why are there so few options to buy bitcoin with Skrill?

The main reason it's hard to convert Skrill to Bitcoin is because Skrill payments can be reversed, while Bitcoin payments are irreversible.


-

Sending Bitcoin with Skrill


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.


skrill send

To send crypto to another Skrill user:

  1. Select Skrill to Skrill on the Send section of your account, or click the Send icon next to the cryptocurrency you wish to transfer

  2. Enter the recipient's email address or phone number (country code included)

  3. Select the cryptocurrency you wish to transfer from the Select Balance field

  4. Enter the amount and hit Continue

  5. 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.


-

Buying Bitcoin with Skrill on Bitpanda


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.


bitpanda deposit

Next, select the currency you wish to deposit.


wallet 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%.


bitpanda deposit methods

Enter the amount you wish to deposit. There is a minimum of €25 and a maximum of €10,000.


bitpanda deposit amount

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.


bitpanda transaction overview

Next, you'll be sent a code to your verified phone number to approve the transaction.


bitpanda confirm transaction

Once confirmed, you'll be redirected to Skrill's payment interface.


bitpanda skrill redirect

On Skrill's site, you'll be able to log in to your existing account, or create a new one.


skrill login

Once logged in, you have the option of paying with your current Skrill balance or using the Rapid Transfer system.


skrill payment

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*.


-

Buying Bitcoin with Skrill on eToro


eToro is another online brokerage that supports Skrill deposits. Once you have funds in your account, you can then use them to purchase Bitcoin.


etoro dashboard

To deposit funds using Skrill:

  1. Click Deposit Funds down the bottom left of your account homepage
  2. Enter the amount and currency you wish to deposit
  3. Select Skrill
  4. Log in to your account and complete payment on Skrill's portal

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.


etoro trade bitcoin

Hit *Trade* to place an order.


etoro order bitcoin

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.


-

Buying Bitcoin with Skrill on Paybis


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.


paybis skrill

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.


-

Buying Bitcoin with Skrill on LocalBitcoins


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%.


localbitcoins skrill

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.


-

Buying Bitcoin with Skrill on Paxful


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.


paxful skrill

Offers start around 8% higher than the spot price of Bitcoin, though you may get lucky and come across a more competitively-priced offer.


-

Buying Bitcoin with Skrill on LocalCryptos


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.


localcryptos skrill

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.

Article Sources

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.

  1. Wikipedia - Skrill, https://en.wikipedia.org/wiki/Skrill
  2. Skrill - Corporate Homepage, https://www.skrill.com/en/
  3. Skrill - Non-serviced Countries, https://www.skrill.com/en-us/footer/terms-conditions/non-serviced-countries/

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