Ethereum (ETH) And Other Digital Currencies Can Now Be Traded On Skrill

Skrill is an online payment solution, and it just added a new functionality to enable users to trade digital currencies. The platform now provides an easy way for crypto buffs and investors to buy and sell digital currencies, such as Ethereum (ETH), Bitcoin (BTC), Bitcoin Cash (BCH), and Litecoin (LTC) for more than forty fiat currencies.

Skrill Tradable Currencies

The firm said that there are more than one hundred ways to deposit an account that allow trading digital currencies for fiat currency and fiat currencies for digital currencies in a matter of seconds. The announcement says: “users can trade from forty fiat currencies to ETH, BTC, LTC, and BCH and back to the currency of their wallet securely and instantly, and no additional verification is required.”

The Operation Does Not Require Additional Skrill Wallet

Users don’t need an additional Skrill wallet to carry out the operation with digital currencies as uses can exchange their balance in local currencies to digital currencies through their existing wallet. Nevertheless, the new functionality of Skrill is not open to all countries yet. For instance, U.S. and Russia residents won’t be able to enjoy this service.

Purchase Limits

The minimum purchase amount is around ten euros, though it is partially dependent on the digital currency you want to purchase. The maximum purchase is dependent on the transaction limits associated with the account of the user.

XRP (XRP) Price Today – XRP / USD

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This news came at the right time to support the rally in the value of digital currencies in the market. Since the arrival of the news, the value of Ethereum has increased considerably and the digital currency is now trading at $479 after an increase of over 2 percent in the last twenty-four hours. The market cap of Ethereum (ETH) is now $48.50 billion and its trading volume over the past twenty-four hours is $2.35 billion.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.


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