How to Buy Bitcoin with Skrill

CEX.IO strives to bring you easy payment options every day to make your crypto buying process as simple and hassle-free as possible. Using Skrill, you can buy Bitcoin and other cryptocurrencies on CEX.IO within a few simple steps. Skrill is a digital wallet provider which allows you to send international money transfers quickly with low fees.

Buying cryptocurrency using Skrill

CEX.IO customers located in Europe can buy Bitcoin with SEPA transfers, while customers around the world can buy Bitcoin with a bank account, which includes ACH transfers for U.S. banks, Faster Payments transfers for the U.K. banks, and SWIFT transfers for anywhere else around the world.

Another convenient method to buy Bitcoin and other cryptocurrencies on CEX.IO is using a Skrill account, which allows you to instantly deposit USD, EUR, and GBP to your CEX.IO account.

The below sections explain in detail how you can convert from Skrill to BTC.

How to deposit to CEX.IO with Skrill

To deposit funds from Skrill to CEX.IO, you first need to make sure that both your Skrill and CEX.IO accounts use the same email address. You cannot make a transfer if the two accounts are registered under different email addresses.

You need to follow a separate set of steps on both CEX.IO and Skrill to complete a currency transfer:

Steps you need to follow on CEX.IO

  1. Click on the green Deposit button on the right top corner of your CEX.IO homepage,
  2. Choose the fiat currency you would like to deposit – USD, EUR, or GBP located on the right-hand side of the next page,…View of the Deposit page on your CEX.IO account
  3. Enter the amount you would like to deposit,
  4. Click on the Skrill button as your deposit payment method,
  5. Choose the country where your Skrill account is registered and click Proceed.

You will then receive an email to your inbox with the subject, Successful Deposit Request which gives you instructions to follow on Skrill.

Steps you need to follow on Skrill

  1. On your Skrill account, select the Skrill to Skrill option,
  2. Enter the provided in the email message (the below recipient email address screenshot is a sample),…View of email message for the Skrill payment method
  3. Enter the exact currency amount that you have entered on the CEX.IO Deposit page,
  4. Click Add A Message to request a transfer,
  5. Enter the order number in the email message into the Comment section.

Funds will be deposited to your CEX.IO account on the same day that you confirm the transfer.

Please note that Skrill transfers from other parties are not accepted, and only your Skrill account can deposit to your CEX.IO account.

How to buy cryptocurrency on CEX.IO

CEX.IO has a crypto trading & exchange platform. Once you receive the fiat currency funds from your Skrill wallet, you can go buy cryptocurrency on our platform.

To buy cryptocurrency on the CEX.IO exchange, you need to click on the green Spot Trading button on the left top corner of your CEX.IO homepage, right next to the CEX.IO logo. In the dropdown menu that pops out, click on Spot Trading under the For Traders list.

…View of the CEX.IO homepage

CEX.IO supports over 100 cryptocurrencies on its exchange, which include major coins like Bitcoin, Ethereum, Bitcoin Cash, and XRP, as well as many of the recently popular projects like Avalanche (AVAX), Terra (LUNA), Apecoin (APE), and Fantom (FTM).

When you go to the CEX.IO spot trading page, the currency pairs list on the left-hand side shows you all cryptocurrency prices.

There are 112 different crypto/USD trading pairs, 28 EUR currency pairs, and 19 GBP pairs on CEX.IO. As you can see, most of the cryptocurrencies are traded with USD in terms of fiat currency pairs, so you would need to convert your EUR or GBP if you want to buy crypto on CEX.IO that is traded with USD only.

The easiest way to convert EUR and GBP is to buy the USDT stablecoin, since almost all USD trading pairs also have an available USDT trading pair on CEX.IO. To do that, you need to click on the Fiat tab, which is located on top of the currency pairs menu (boxed in red in the image below).

…Fiat tab on the CEX.IO exchange

On the Fiat tab, you need to find the USDT/EUR or USDT/GBP pairs (boxed in blue in the image above) to sell your Euro or Sterling funds to USDT.

To buy cryptocurrency on CEX.IO, you have the option to give either a limit or a market order.

How to buy Bitcoin on CEX.IO

If for example, you would like to buy Bitcoin with USD, you need to click on the USD button on top of the currency pairs menu and find btc to usd pair.

Once you are on the BTC/USD trading page, you need to scroll down and find the Limit and Market tabs. You can choose Market if you would like to buy Bitcoin at the immediately available price. All you need to do is enter the USD amount you want to buy in the USD to Spend field, then press Buy Now.

Once you are on the BTC/USD trading page, you need to scroll down and find the Limit and Market tabs. You can choose Market if you would like to buy Bitcoin at the immediately available price. All you need to do is enter the USD amount you want to buy in the USD to Spend field, then press Buy Now.

…View of the Market order tab for the BTC/USD trading pair

But if you think the price of BTC is too high right now and that it will be cheaper in the future, you may then choose to give a limit buy order by clicking on the Limit tab. In the Limit tab, you enter the BTC amount you would like to buy, and the target unit price you would like to pay for Bitcoin:

…View of the Limit order tab for the BTC/USD trading pair

You follow the identical steps when you want to sell Bitcoin. If you want to sell your Bitcoin at the immediately available price, you can go to the Market tab. If you would like to sell it for a higher price later, then you may go to the Limit tab to submit a limit sell order.

On CEX.IO, you can also buy Bitcoin with credit card or buy Bitcoin with prepaid card.

Fees and Limits

There is a flat fee of 3.99% to deposit funds from Skrill. The minimum amount you can transfer is 35, and the maximum daily amount is 10,000 for each of the three available fiat currencies.

The fee for withdrawing funds to your Skrill account is 1%, regardless of the transaction size.

You will also incur trading fees when you buy or sell cryptocurrency on CEX.IO, in addition to the Skrill transfer fees.

For a detailed breakdown of all limits and commissions on CEX.IO, you can visit the Limits and Commissions page. Alternatively, you can read the New Trading Fee Schedule blog post.

Supported countries

On the Limits and Commissions page, you will also be able to find the countries and territories where Skrill payments are not available. So if your country is NOT on that list, it means you can use Skrill to transfer funds to CEX.IO.

Withdrawal to Skrill

To withdraw funds from CEX.IO back to your Skrill wallet, you can simply follow the below steps:

  1. Click on the Withdraw button on the right top corner of your CEX.IO homepage,
  2. Choose USD, EUR, or GBP as the currency to withdraw,
  3. Enter the amount you would like to withdraw,
  4. Click on the Skrill box as the payment option,
  5. Click on the Withdraw button after selecting the “I have been notified” box,
  6. Confirm the operation with a 2FA code

Finally, again make sure that the email address of your CEX.IO account matches with the email address associated with your Skrill account, then click Withdraw.

Buying cryptocurrency on Skrill

You can also buy cryptocurrency directly on Skrill’s website or its mobile app by following these six easy steps:

  1. Click Deposit on the left-hand side of the home screen dashboard,…View of the Skrill Deposit page
  2. Fund your account with a bank transfer or a credit/debit card purchase,
  3. Click on the Crypto tab,
  4. Go to the Market data tab and select a cryptocurrency you would like to buy,…View of the Skrill Crypto Dashboard
  5. Enter how much you want to buy. Skrill will show you a live exchange rate to calculate the approximate crypto amount you will receive.
  6. On the next page, click Confirm to finalize your transaction.

Which cryptocurrencies can I buy on Skrill?

There are over 40 cryptocurrencies that you can buy on Skrill’s website or mobile app which include major coins like Bitcoin, Ethereum, Litecoin, Dogecoin, and Solana, as well as new popular additions like Avax, Axie Infinity, and ICP. Also, you can buy around 100 different cryptocurrencies at CEX.IO and pay with your Skill account.

Use Skrill to buy Bitcoin

Skrill is a practical alternative to traditional money transfer tools like SEPA or the SWIFT network.

Using just an email address and a reference order number, you can deposit from your Skrill wallet to your CEX.IO on the same day, making your Bitcoin buying experience as smooth as possible.