{"id":157188,"date":"2018-07-27T12:00:23","date_gmt":"2018-07-27T16:00:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/news\/payments-app-skrill-introduces-cryptocurrency-trading-for-bitcoin-bitcoin-cash-litecoin-and-ether\/157188"},"modified":"2021-08-19T14:38:54","modified_gmt":"2021-08-19T18:38:54","slug":"payments-app-skrill-introduces-cryptocurrency-trading-for-bitcoin-bitcoin-cash-litecoin-and-ether","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/payments-app-skrill-introduces-cryptocurrency-trading-for-bitcoin-bitcoin-cash-litecoin-and-ether","title":{"rendered":"Payments App Skrill Introduces Cryptocurrency Trading for Bitcoin, Bitcoin Cash, Litecoin, and Ether"},"content":{"rendered":"
\"Payments<\/div>\n

Skrill, the popular online payments processor firm that enables users to send and receive money seamlessly over the internet, has now added support for bitcoin, bitcoin cash, ether, and litecoin, to make life easier for users and retain its customers.\u00a0As announced by the firm on July 25, 2018, holders of the Skrill wallet will now be able to buy or sell supported cryptos from some parts of the world.<\/strong><\/p>\n

Skrill Joins the Bitcoin Movement<\/h2>\n

According to a Finance Magnates<\/i> report, users of the Skrill wallet can now conveniently purchase or sell bitcoin and altcoins such as litecoin, ether, and ether<\/p>\n

As stated on its website,\u00a0cryptocurrency investors can now make use of the over 100 alternative payment methods and 40 fiat currencies supported by the platform, to buy blockchain-based digital coins<\/a> instantly from more than 30 countries of the world, excluding the United States and Russia.<\/p>\n

CEO of Skrill, Lorenzo Pellegrino, stated:<\/p>\n

\u201cThe world of cryptocurrency trading is exciting and dynamic, and our digital wallet service very much lends itself to this environment.\u201d<\/strong><\/p><\/blockquote>\n

More Crypto Ambition<\/h2>\n

Interestingly, the Skrill<\/a> team have made it clear that in the coming months, they would extend their crypto offering to additional markets that are not currently covered and would also add the digital currency functionality to the Skrill mobile wallet as well as the NETELLER<\/a> digital wallet, which is also a brainchild of Paysafe.<\/p>\n

Additionally, Skrill will soon make it possible for users to carry out peer-to-peer transfers of cryptocurrency and pay with cryptos at supporting merchants globally.<\/p>\n

Established in July 2001, the London-based firm has more than 700 employees and boasts of an\u00a0annual revenue of over $300 million.<\/p>\n

Skrill functions as a payment gateway, payment service provider and offers users digital wallets as well as prepaid cards to ease withdrawals.<\/p>\n

Disrupting the Fintech Industry<\/h2>\n

At a time when distributed ledger technology (DLT<\/a>), bitcoin and other cryptocurrencies are disrupting Fintech industries and the global finance system, Skrill\u2019s crypto compliance appears a sensible move, as it would help the company remain very relevant in a long time to come.<\/p>\n

Similarly, on July 25, 2018, reports<\/a> emerged that international mobile payments firm, TransferTo had formed a strategic alliance with Stellar.org, the parent organization of the stellar lumens (XLM<\/a>) altcoin, to facilitate cost-effective, fast and frictionless cross-border payments for clients.<\/p>\n

It\u2019s no news that the crypto revolution is already upon us, with forward-thinking institutional investors latching onto the bitcoin bandwagon.<\/p>\n

BTCManager <\/em>informed<\/a> \u00a0on July 26, 2018, that Galaxy Digital LLP, the merchant bank of bitcoin big whale, Mike Novogratz, had pumped in a whopping $52.5 million into BlockFi, to boost cryptocurrency lending.<\/p>\n

The post Payments App Skrill Introduces Cryptocurrency Trading for Bitcoin, Bitcoin Cash, Litecoin, and Ether<\/a> appeared first on BTCMANAGER<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Skrill, the popular online payments processor firm that enables users to send and receive money seamlessly over the internet, has now added support for bitcoin, […]<\/a><\/div>","protected":false},"author":767,"featured_media":157190,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-157188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"\nPayments App Skrill Introduces Cryptocurrency Trading for Bitcoin, Bitcoin Cash, Litecoin, and Ether - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Skrill, the popular online payments processor firm has now added support for bitcoin, bitcoin cash, ether, and litecoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157188\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Payments App Skrill Introduces Cryptocurrency Trading for Bitcoin, Bitcoin Cash, Litecoin, and Ether\" \/>\n<meta property=\"og:description\" content=\"Skrill, the popular online payments processor firm has now added support for bitcoin, bitcoin cash, ether, and litecoin.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-27T16:00:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-19T18:38:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/cropped-btcmanagerlogo-800x800-32x32-274.png\" \/>\n\t<meta property=\"og:image:width\" content=\"32\" \/>\n\t<meta property=\"og:image:height\" content=\"32\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ogwu Osaemezu Emmanuel\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ogwu Osaemezu Emmanuel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157188#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157188\"},\"author\":{\"name\":\"Ogwu Osaemezu Emmanuel\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/a1f5cfeb942218d86088c06891b18edf\"},\"headline\":\"Payments App Skrill Introduces Cryptocurrency Trading for Bitcoin, Bitcoin Cash, Litecoin, and Ether\",\"datePublished\":\"2018-07-27T16:00:23+00:00\",\"dateModified\":\"2021-08-19T18:38:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157188\"},\"wordCount\":459,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157188#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/07\/cropped-btcmanagerlogo-800x800-32x32-274.png\",\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2018\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157188\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/157188\",\"name\":\"Payments App Skrill Introduces Cryptocurrency Trading for Bitcoin, Bitcoin Cash, Litecoin, and Ether - 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