RATE Group | Skrill Adds Wallet Support for Bitcoin, Bitcoin Cash, Litecoin, and Ethereum
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Skrill Adds Wallet Support for Bitcoin, Bitcoin Cash, Litecoin, and Ethereum

Skrill Adds Wallet Support for Bitcoin, Bitcoin Cash, Litecoin, and Ethereum

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Skrill Adds Wallet Support for Bitcoin, Bitcoin Cash, Litecoin, and Ethereum

On July 25, 2018, London-based Skrill announced its support of four major cryptocurrencies on its popular wallet application.

Skrill’s Cryptocurrency Push

As per a report on Finance Magnates, Skrill added Bitcoin, Bitcoin Cash, Litecoin, and Ethereum currency options for its customer base of over 25 million spread worldwide.

Customers can now buy and sell the cryptocurrencies using any of the 40 available fiat currency options, including USD, EUR, SGD, and NZD. The digital wallet and mobile payments facilitator was founded in 2001 as “Moneybookers,” and rebranded to Skrill in 2011.

Customers from over 30 countries can directly purchase digital assets via the Skrill platform, including UAE, Australia, and Canada.

It must be noted the update was not rolled out to U.S. and Russia, two critical digital payment markets, due to strict legislation around cryptocurrencies.

The update is the payment provider’s first step in the burgeoning cryptocurrency sector, joining a small list of…

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