Skrill Joins the League of Cryptocurrency Trading Services

2018-7-26 17:50

Skrill has become the latest member of the rapidly expanding cryptocurrency trading platform market. The company recently announced that it was extending the use of its Skrill wallet to involve cryptocurrency trading services. This development, according to the company, will aid its customers to navigate their way through the maze of cryptocurrency trading.

Buy and Sell Cryptocurrency on Skrill

On Wednesday, July 25, 2018, Skrill, an online wallet, and mobile payments operator announced that it was now into crypto trading, as its customers can now get involved with buying and selling cryptocurrencies using the Skrill wallet. This includes trading in Bitcoin, Ether, Bitcoin Cash, and Litecoin.  The platform also supports more than 40 fiat currencies.

Before entering the virtual currency trading market, Skrill was mostly focused on the online gambling niche. The company, however, is not stopping at crypto trading, as it plans to increase the service to additional markets in the next few months. It also plans to add the crypto capabilities to its mobile app and the NETTELLER digital wallet. NETTELLER is a product of its parent company, Paysafe.

Available in Over 30 Countries

Apart from its headquarters in the United Kingdom, the company’s new cryptocurrency capability has expanded to more than 30 countries. These places include the UAE, Australia, and Canada. However, some of its key markets including Russia and the United States, are yet to be updated.

Speaking on the launch of the company’s cryptocurrency service, Skrill CEO, Lorenzo Pellegrino, said:

The world of cryptocurrency trading is exciting and dynamic, and our digital wallet service very much lends itself to this environment. I’m confident that the ability to trade in cryptocurrencies quickly and easily through Skrill will appeal to consumers both now and in the future. We know many people want to experiment with cryptocurrency trading but don’t know where to start, and we’ve made the entire process very straightforward.

According to Pellegrino’s statement, customers will be restricted to buying and selling cryptocurrencies. The platform hasn’t launched any feature to allow transfer of virtual coins between wallets as well carrying out online purchases via its payment gateway using crypto coins. However, the company promises that such upgrades are in the works.

Skrill faces stiff competition from the likes of other payment processors that offer cryptocurrency trading options. Platforms like Square, Circle, and Robinhood already control a significant share of the market.

What do you think about the news of Skrill launching its cryptocurrency trading service? Do you think it will be able to compete with industry behemoths like Square, Robinhood, and Coinbase? Keep the conversation going in the comment section below.

Image courtesy of Ethereum World News archives.

The post Skrill Joins the League of Cryptocurrency Trading Services appeared first on Ethereum World News.

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.00304914 (-100%)

cryptocurrency trading skrill services company league joins

Источник: ethereumworldnews.com

cryptocurrency trading → Результатов: 126


Фото:

Problem gamblers more likely to obsessively trade cryptocurrency, research finds

A new study has linked cryptocurrency trading obsession with problematic gambling – those who bet too regularly are at an elevated risk of trading cryptocurrency more frequently. The study, which surveyed 876 adults who had gambled at least monthly, found that more than 50 percent of participants had traded cryptocurrency over the past year.

2019-3-11 16:15


[VIDEO] Crypto Daily Digest: Blockchain and Cryptocurrency News For Today November 8th

Cryptocurrency Market Trading Volume Grows From $10 Billion To $13 Billion Dollars Cryptocurrency Market Trading Volume Grows From $10 Billion To $13 Billion Dollars 3 Cryptocurrency Investment Trading Tips For All Bitcoin Newbies 3 Cryptocurrency Investment Trading Tips For All Bitcoin Newbies Innovative Ways To Indirectly Invest In Bitcoin Without Directly Trading Cryptos Innovative Ways […]

2018-11-9 00:21


Фото:

Grupo XP’s Brazilian Clients Will Soon Have Access to Cryptocurrency Trading

Cryptocurrency adoption will likely experience a surge in the coming months. In a recent announcement, it was said that Brazil’s biggest independent brokerage will join the crypto market and will soon be launching a trading platform for Ethereum and Bitcoin, which will give its existing massive client base access to cryptocurrency trading.

2018-9-27 19:29


Robinhood Delves Deeper Into Crypto Trading, Could Challenge Coinbase’s Dominance

Robinhood, more commonly known as the commission-free stock trading app, has been making waves in the cryptocurrency scene lately. Various reports have surfaced stating that the company appears to be getting serious in its cryptocurrency business, putting it on a collision course with Coinbase, the current number one crypto exchange and broker in the US.

2018-6-28 01:59


Фото:

Markets Update: Cryptocurrency Prices Tumble Before the Weekend

Cryptocurrency markets are slumping today as most digital asset markets are seeing losses between 8-20 percent over the past 24-hours. Lots of speculators are attributing the dump to the recent measures taken by Japan’s Financial Services Agency (FSA), asking cryptocurrency exchanges like Bitflyer to make improvements to the Japanese trading platforms’ anti-money laundering practices.

2018-6-23 21:40


Фото:

Still Bullish on Bitcoin Despite Bithumb Hack: Brian Kelly and Charlie Lee Weigh In

Both Brian Kelly and Charlie Lee remain bullish on Bitcoin despite the recent hack of Bithumb, which resulted in the theft of over $31 million worth of cryptocurrencies.   Brian Kelly: Things are Different for Bitcoin This Time Around Earlier this week, South Korean exchange Bithumb – currently the eight largest cryptocurrency exchange by means of trading volumes – was hacked, resulting in the theft of more than $31 million worth of cryptocurrencies.

2018-6-22 09:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Skrill Continues Its American Crypto Market Expansion by Partnering Up With Coinbase

By embedding Coinbase-powered solutions in its platform, Skrill adds 11 more American states to its service list, enabling more users to buy and sell cryptocurrencies easily. Integration Opens Doors for Paysafe’s Skrill Users to Instantly Buy and Sell Cryptocurrencies In another strategic move designed to grow its presence in the American cryptocurrency ecosystem, Paysafe’s digital […]

Skrill Payments Platform Unveils Crypto Swapping Service

Skrill (formerly Moneybookers), a London-based centralized payments platform that claims to help users to facilitate cost-efficient money transfers across borders, has expanded its cryptocurrency trading service, integrating a new feature dubbed crypto-to-crypto, to allow its users to purchase the supported cryptoassets on its platform with bitcoin (BTC), reports EconoTimes on December 2, 2019.