Skrill Online Casinos
Skrill is an online payment and money transfer method with international reach and low fees. Formerly known as Moneybookers, the e-commerce business launched in the UK in 2001 and showed phenomenal growth. The company's founders sold it in 2007 for €105 million. Two years later it was put up for sale again for more than three times that amount. It sold again in 2013 for €600 million and was finally purchased by archrival Neteller's parent company, Optimal Payments for €1.1 billion in 2015. Acquisitions along the way included rivals Ukash and Paysafecard. Ukash was absorbed into Paysafecard which continues as one of the most popular prepaid methods for depositing into online casinos.
Skrill can be used to deposit and withdraw from casinos, transfer money to other Skrill accounts, bank accounts, or mobile wallets in 45 different countries, and to receive money from anywhere in the world with multiple local options to access the funds as cash.
How Does It Work
The entire process of using Skrill is intuitive. From opening your free account to funding it and every else is presented through the mobile and web interfaces in step by step processes. It's nearly impossible to go wrong if you follow these few helpful hints.
Opening a Skrill Account
You can open a free account right on the Skrill website. It's very quick. You can register in minutes and be ready to pay or play in seconds after that.
You'll first be asked for your email address and a password. Then enter your personal details such as name, country, and date of birth. The next screen will ask for your address, and the final screen will ask for your preferred currency. You will not be able to change your currency later, so please choose carefully.
How to Deposit With Skrill
- Simply log into your casino account and choose Skrill as a deposit method in the cashier section.
- A pop-up window will occur and you can enter your email address (the same one you used to register) and your login info.
- Choose the same currency your Skrill account was created in and enter an amount to deposit and confirm the transaction.
Now you're ready to play!
How to Withdraw
The withdrawal process is basically the same as for depositing except you will be transferring winnings back to your Skrill account. Each online casino has different pending, processing, and payout times, but that information is included on the casino website or in the terms and conditions.
Faster Payouts, Bigger Bonuses ~ Buy and Sell Cryptocurrency Instantly
Once your Skrill account is verified you will have the ability to use one or more of the 100+ alternative payment methods in 40 currencies to exchange fiat money for Bitcoin, Bitcoin Cash, Ether and Litecoin instantly. Just choose your favorite local method to buy the cryptocurrency of your choice.
Depositing from your bank account is instant in most cases. Credit and debit card deposits may take 2-3 working days to clear before you can buy BTC or other digital currencies if your Skrill account doesn't have enough funds.
- Click "Exchange" on the Skrill menu
- Exchange from your registered currency to your chosen coin and back instantly.
- EUR and USD are charged a 1.5% exchange fee each time you buy or sell crypto coins. All other currencies are charged 3% per exchange.
Many European-facing online casinos will not grant a welcome bonus if you deposit using Skrill or Neteller. The maximum bonus amount is usually capped as well. However, the actual currency value of Bitcoin or other crypto deposits can be considerably higher on a bonus such as 100% up to 100euro or 1BTC - depending on the current bitcoin value.
Skrill is a convenient, low-cost way to send and receive money internationally. If you play on your mobile a lot or use eWallets for other things, an app is available. You can store your cards, check your balance, deposit and cash out quickly, and play from anywhere. You can also instantly move winnings from Skrill to your bank account or access funds via ATM if you are in a serviced region.