How to buy Bitcoin with Skrill in 2022

Skrill is a method for transfering money online, and you can use it to fund the account of your cryptocurrency broker. Learn which platforms accept it and how to choose between them.
Updated: Jan 20, 2022
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
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
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
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$0
Promotion
User Score
9.3
No Hidden Fees
Instant Trading
Secure & Transparent
Start Trading
Description:
World's longest-standing crypto exchange. Since 2011 Bitstamp has been providing a secure and reliable trading venue to over four million individuals and a range of institutional partners.
Payment Methods
Full regulations list:
3
Min. Deposit
$1
Promotion
User Score
8.7
0% deposit fees, 0% withdrawal fees, 0% trading commissions
Set up automated trades and up to 50 limit orders with ease
Buy and sell 90+ cryptos and utility tokens, precious metals and national currencies with as little as $1
Start Trading
Description:
Create your account in minutes and start trading 90+ cryptos and other assets on the most flexible trading platform.
Payment Methods
Full regulations list:

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?

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.

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 was a reporter for Invezz, wrote about stocks, cryptocurrencies, and other investments. He also covered emerging technologies for private clients. He is a trader… read more.