Skrill Review

skrill logo

Pros

  • Facilitates global transfers
  • Low fees
  • Rewards benefits such as the VIP or Knect program
  • Provides a prepaid card
  • Free account for customers around the world.

Cons

  • VIP programs may have a high barrier to enter.
Skrill is a platform to send and receive money worldwide. By simply creating an account, you have a wallet to use worldwide. It's the leading company in transactions and anti-fraud technology.

Skrill fees:

 Fee
Upload funds1 %
Withdraw fundsEUR 5.50
Send money1.45 %
Send to bank account0 %
Receive money0 %
Currency conversion3.99 %

Crypto-Fees:

CryptoUp to EUR 19.99Between EUR 20 – EUR 99.99Above EUR 100
BuyEUR 0.99EUR 1.991.50 %
SellEUR 0.99EUR 1.991.50 %

About Skrill

Skrill is a company founded in 2001 to facilitate digital transactions and make them safe and fast. Its headquarters are in England, but it has many offices in the United States and Europe.

It is one of the leading companies in digital payments, both for personal and business use.

Also, Skrill is regulated by the FCA (Financial Conduct Authority), which is an entity in the United Kingdom that regulates financial companies and maintains their integrity. The objective of this organization is to control the conduct of financial companies.

It currently has millions of customers around the world who rely on their platform to make payments and receive money.

This company is a leader in anti-fraud and risk-reduction technology.

skrill

In this Skrill review, we will analyze everything you should know about this company before creating an account.

Skrill: What is it for?

So what can you do with Skrill? Skrill is a wallet that allows you to perform many types of transactions. Once you create an account in Skrill you have access to all functions.

The most common uses of Skrill are:

  • Send money to bank accounts in other countries: once you create an account, you can send money to a bank account in another country (it has more than 30 countries). To do this, you can recharge your account money with many forms of payment.
  • Send money to another Skrill account: Another function is to send money between Skrill accounts worldwide.
  • Receive money from companies: many digital companies pay their customers with Skrill so that you can use it as an e-wallet.
  • Buy online: With Skrill, you can pay online games, invest in Forex, binary options, bet online, among others.
  • Buy Cryptocurrency: buying crypto was never so easy with Skrill; from your account, you have to acquire more than 40 crypto-coins in one place.

Benefits of Cryptocurrency

skrill crypto

Cryptocurrencies have become very attractive to many investors because they have increased sharply in recent years.

On the Skrill platform, you can also buy and sell cryptocurrencies whenever you want. Best of all, it’s easy and fast.

In your account you will find more than 40 cryptocurrencies such as Bitcoin, Ethereum, XRP, Litecoin, Tether and many more. You can buy them with more than 100 payment methods.

The benefit of this is that you can collect all the cryptocurrencies you want in one account, and trade with them whenever you want. You won’t be asked for any additional verification or anything.

Skrill Review: VIP program

Skrill also offers a VIP program for customers who use their wallet more. The benefits of this program are that customers have 24/7 service, lower commissions, and special promotions.

To access a VIP account, you have to make transactions on a certain value.

Types of VIP account:

  • Bronze: For those who make transactions for more than € 6,000 in a quarter. The benefit is that it has dedicated VIP assistance and lower rates.
  • Silver: If you make transactions greater than € 15,000 in a quarter, you access the silver account. The benefits are that you have a multi-currency account, priority banking charges, and dedicated VIP assistance. Rates are even lower than in Bronze.
  • Gold: To access the Gold account, you have to make transactions greater than € 45,000 in a quarter. You have two multi-currency accounts, an account manager, VIP assistance, and bank priority. Also, many rates are free and others much lower.
  • Diamond: This is the highest level of VIP accounts, and you access if you make transactions over € 90,000. You have all the benefits of Gold + much lower rates.

VIP accounts may vary depending on the country in which you are.

Loyalty program (Skrill Knect)

Perhaps the VIP program is a bit difficult to reach, but the Knect program is for everyone. Since with all the transactions you make in Skrill, you earn points to receive incredible prizes.

Whether you receive money from a company, you pay a friend, make a purchase online, you will be adding points in Skrill.

The prizes you can win are money, special discounts, free bets, and much more.

Skrill Prepaid Card

The Skrill MasterCard card is another benefit of the company. This card allows you to use Skrill funds where they accept MasterCard cards. So you can use it in virtually any store.

To order this card, you must have a positive balance in your account and have verified your account completely. Once you order it, it will arrive at your address in 7-10 business days.

With this card, you can make purchases in any business and withdraw money at ATMs.

  • The card has annual maintenance of € 10.

How to open an account in Skrill

Opening an account in Skrill has never been so easy. The steps are:

  1. Register at www.skrill.com with your data (Name, currency, e-mail, password)
  2. Ready, you already have an account with all the benefits!

Skrill Review: Final Thoughts

Skrill is an excellent platform to send and receive payments, buy and sell crypto, and buy online.

It has many benefits for its use, such as earning points for transactions, VIP program, and very-low rates.

Skrill is considered to be a secure platform because it is regulated by the FCA, which is an entity that regulates financial markets, to ensure the rights of its users.

If you don’t have an account yet, don’t hesitate to do so as it is entirely free.

FAQ

What is Skrill?

Skrill is a payment platform to send and receive money worldwide. It is a company registered since 2001 in the United Kingdom and is currently a leader in payments and transactions.

Is Skrill reliable?

Skrill is controlled and regulated by the FCA (Financial Conduct Authority). This entity regulates its financial actions and protects the rights of consumers.

Can you buy cryptocurrency with Skrill?

Yes, with Skrill you can buy more than 40 crypto coins from your account. You can make your investments from one place.

What requirements must I meet to get the prepaid Skrill card?

To order the Skrill card, you must have a positive balance in your account. It is the only requirement to request the card. Then, the card will arrive within 7-10 days.


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