![]() ![]() Skrill sets its cryptocurrency rates to a Euro base, which means that any account dealing in foreign currencies will be charged the relevant exchange rate of about 1.5% on top of their Crypto fees. Just like you will be notified of the cryptocurrency limits associated with your account, the charges incurred by any transaction, be it deposit or withdrawal, will be marked down before it is fully processed. Fees Associated with the Skrill Cryptocurrency Service It tends to be valued at a €10 equivalent depending on the currency used. One should note that Skrill also has a minimum transfer amount that one needs to fulfil in order to complete a cryptocurrency exchange successfully. These maximum caps tend to be most relevant since they apply on both the selling and purchasing of cryptocurrencies alongside P2P transactions. Under the “Trade” tab, you will be able to see the limits by clicking on either “Sell” or “Buy”. You will be informed of these specific limits by Skrill before you have the chance to carry out any transaction and may be viewed at any time on your account profile when you access the “Crypto” menu. These are usually placed on single transactions as a way of regulating potential risks. In the same way that your ATM transfers or withdrawals will be capped at a maximum level, your Cryptocurrency transactions will be set a maximum limit. Similarly, the extent of these floors and ceilings will be heavily dependent on the actual status of your account. Limits will apply to whichever cryptocurrency you decide to trade-in. Limits Associated with the Skrill Cryptocurrency Service Any transaction, including deposits and withdrawals, will be automatically added to your portfolio for you to keep a clear overview of all of your investments and returns. You may check the various fees and limits applied to your account from your personal profile. Skrill Crypto service is available from a range of countries across the world and cryptocurrency may be exchanged in an equally large number of different currencies. Input the desired sum, look over the related rates of exchange and approve the action once satisfied.Browse your cryptocurrency options and hit “Trade” on the one that catches your attention.Head to the “Crypto” menu accessible from the home page.Having enough money to your count to cover both your purchase and the associate fees is crucial before you engage in any transaction.Within just a handful of steps, you will be introduced to the easy ways to buy or sell crypto reserves: This will give you a full report of the behaviour of a particular cryptocurrency for you to decide whether to trade immediately or to create an alert for when it reaches a specific threshold value. You can head over to your Skrill Crypto account under the relevant Crypto tab on both desktop or mobile versions for a complete survey of the current exchange rate. This may be any of the 40 available fiat currencies put on offer. The only prerequisite that you need to fulfil is arranging that your Skrill account is stocked up with sufficient funds necessary to initiate the conversion into cryptocurrencies. ![]()
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