How to buy Bitcoin with Skrill

Skrill is a method for transfering money online, and you can use it to fund your cryptocurrency broker account. Learn which platforms accept it and how to choose between them.
By: Jonah Keri
Jonah Keri
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He… read more.
Updated: Jun 23, 2021
Tip: our preferred broker is, eToro: visit & create account

This informative guide will take you through the pros and cons of using Skrill as a payment method for Bitcoin, and shows you the best brokers that accept it.

Where can you buy Bitcoin with Skrill?

We’ve put together a list of top-rated brokers that offer Bitcoin and also accept Skrill. If you want to dive straight in, just head to one of them from the links below. Otherwise, keep reading to learn more about how to choose one.

1
Min. Deposit
$50
Exclusive promotion
Our score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
CySEC, FCA
2
Min. Deposit
$20
Exclusive promotion
Our score
9.3
Margin Trading with full legal compliance
Cryptocurrency staking
Various Payment options
Start Trading
Description:
Cex.io offers exchange of fiat currency for Bitcoin Ethereum, Tether, and 23 other cryptocurrencies, as well as Bitcoin/Ethereum trading against the USD.
Payment Methods
Credit Card, Debit Card, Wire Transfer, Cryptocurrencies, Skrill
Full regulations list:
3
Min. Deposit
$10
Exclusive promotion
Our score
8.7
The broker offers access to a trusted MetaTrader trading system
Pricing is ensured to be completely transparent, also providing accuracy and speed
Trade a Wide Variety of Assets with Leverage up to 1:500
Start Trading
Description:
LonghornFX is a true ECN STP broker dedicated to delivering a superior trading experience to traders no matter their level of experience. Their services are based on transparency, innovation and efficiency, ensuring an unparalleled trading experience for all.
Payment Methods
Credit Card, Debit Card, Visa, Bitcoin
Full regulations list:
LonghornFX offers high-leverage trading on a wide variety of assets. Trading with leverage carries a degree of risk which may result in losing more than your investments. Clients should practise risk management to protect themselves from losing more than they can afford when trading with leverage.

What is a Skrill Bitcoin broker?

A broker is a service that executes Bitcoin trades for you. It offers a fixed price and takes the other side of the trade, so you can always know the exact cost of your Bitcoin and get it instantly. In this guide we are exclusively talking about those platforms that accept Skrill as a payment method.

If you’re not already familiar with the service, Skrill is an e-wallet platform that enables its users to make payments and money transfers online. 

How to deposit and withdraw via Skrill

Deposit

Here are some basic guidelines on how to deposit money using Skrill:

  1. Open an account with a broker that accepts Skrill as a form of payment, then verify it with a form of ID.
  2. Go to your broker’s website, and select the Skrill option on the “Add money” screen. 
  3. Pick your preferred currency (GBP, EUR, or USD).
  4. You’ll be prompted to link your Skrill account to your brokerage account.
  5. Add money to your Bitcoin wallet by entering an amount and selecting Skrill as the payment method.

Withdraw

You can simply perform the deposit process in reverse by clicking “Withdraw” instead and following the steps above. If you’ve already linked your Skrill wallet to the broker, then you’ll be able to withdraw with one click.

What should I look for in a Skrill Bitcoin broker?

You want to make sure you only pick a trading platform that offers great service and don’t just settle for anything that accepts Skrill. There are lots of factors to consider and here are some of the key traits to look for:

  • Low transaction fees. The fees you’ll have to pay vary depending on the service you use to make trades. Our guides will help you find the most reasonable transaction fees possible.
  • Speed. Your broker should enable you to make purchases within minutes. The fastest can even be made instantly.
  • Ease of use. The best platforms make it easy to make trades through a simple, clean interface. They also offer high quality apps so that you can get that great service on the go as well.
  • A strong reputation. Look for one with strong user reviews as it can be a good guide to whether the platform’s customer service as advertised. The guides we offer on this website can help you find the right broker.
  • A verifiable track record. Find a platform with a track record of executing trades reliably for a number of years.

Should I buy BTC using Skrill?

Pros

  • Fast. Skrill transactions often happen within a matter of minutes, and in some cases they can even happen instantly. 
  • Easy to use. Once you’ve linked your Skrill account to your Bitcoin wallet, it becomes very simple to use.

Cons

FAQs

Can I remain anonymous with Skrill?
Do I need a crypto wallet?
How fast are Skrill transactions?
Can I buy Bitcoin with Skrill instantly?
Are there low fees when using Skrill?
Can I hold cryptocurrency in my Skrill account?
Does Coinbase accept Skrill?
Can I get other cryptos using Skrill?
Is Skrill the easiest way to get Bitcoin?
What’s the biggest pro and con of using a peer-to-peer exchange?
How easy is it to find a peer-to-peer exchange that accepts Skrill?
Is using Skrill recommended for beginners?
Is using Skrill a more viable strategy if you plan to hold Bitcoin for the long term?

Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

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Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Jonah Keri
Financial Writer
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He now writes about stocks, cryptocurrencies, and other… read more.