The crypto world is expanding to new horizons every day, and that precisely is good news regarding endorsement and validation for the whole community. As a matter of fact, there are a few coins out there that somehow, are constantly seeking to relate the cryptosphere with the financial world, a goal that we can all agree is one of the things we wait for the most as crypto enthusiasts. But how realistic and close to happening is this? Well, it all seems to point that the time has already come with the addition of 4 cryptocurrencies in the payment platform and wallet, Skrill. Let’s see how it goes.
Skrill’s announcement
As the webpage of the company establishes “Skrill is an e-commerce business that allows payments and money transfers to be made through the Internet.” The company is based in London, and it was created back in 2001 under the name “Moneybookers,” which was later transformed in 2011 to the Skrill we know right now.
It was a couple of days ago, precisely on July 25th when all of the crypto world woke up to find out that the company made an announcement in which stated that 4 top cryptos of the market were going to be added to the payment platform. Like this, the selected ‘lucky ones’ were nothing less than Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum (ETH).
Skrill is one of the biggest payment platforms in the world. In fact, it has a community of more than 25 million users that, as of now, will be able to transform their fiat money into any of these cryptocurrencies or vice versa. The platform counts with several fiat options such as SGD, USD, NZD, and EUR to name a few and additionally is available in more than 30 countries around the world.
However, it is important to mention that fiat-to-crypto or crypto-to-fiat exchange will not be available in countries like the United States of America or Russia due the severe regulations of cryptocurrencies in those nations. Still, it is early to know what will be the future of this crypto adding to the payment platform, but to say the least many options are likely to occur.
Will Skrill add more cryptocurrencies in the coming months? Will they use cryptocurrencies as well as a payment method for their gambling and sports bettings? Well, we all need to wait in order to see, but one thing’s for sure, the company is more than happy with the latest announcement, in fact, Skrill CEO, Lorenzo Pellegrino stated:
“The world of cryptocurrency trading is exciting and dynamic, and our digital wallet service very much lends itself to this environment.”
Neteller getting cryptos listed as well
It was known as well that the parent company Neteller, it is going to add crypto to their platform any soon, and this is for sure one of the best news for the cryptosphere as it represents a solution for the endless seeking that crypto users tend to make to find a trustable crypto exchange. So, the way to go Skrill!
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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