How To Buy BTC and Other Cryptocurrencies Using Skrill

Skrill is an online payments company that allows individuals and merchants to make secure and easy transactions for the sale of goods or services. Started in 2001, Skrill now has over 38 million customers worldwide. The company offers several products for consumers and merchants, including a contactless payment card that can be used at debit card terminals. However, buying Bitcoin with Skrill is not currently available as a direct option. You can however buy BTC with Skrill using Paxful which is a P2P exchange. A P2P exchange is one that connects buyers and sellers and acts as a bridge between the two. During the trade, Paxful locks the BTC of the seller in their escrow system to avoid any inconvenience during the trade. Here are a few steps to get started.

Click Here To Watch Video Tutorial Instead

Step 1

First of all, you need to create an account on Paxful. The account creation process is pretty simple. All you need is to signup using your email address and a new password.

Step 2

Verify your account by using your ID card or Passport. This is a good step that is required to reduce spam and scams. Verifying your ID doesn’t take much time, the process is automated so it’s completed in a few minutes for most of the cases.

Step 3:

After creating and verifying the account, you need to buy BTC using skrill. For that, you need to click on “Buy” button and on the next screen:

• Select cryptocurrency as BTC
• Select Payment Method as Skrill
• Select your currency and input amount to be bought
• Click on Find offers

Now you’ll be able to see a lot of offers, it’s time to find the best offer and click on buy.

A chatroom will be opened for you with the payment details of the seller. You can send the money and click on the “Paid” button. This will ensure Paxful that you have paid the seller. Now you need to wait for a few seconds or minutes until the seller verifies the payment. After verification, the seller will instruct Paxful to release your BTC. In the next instant, BTC will be available in your Paxful wallet. That’s all…

Here is the full tutorial video to Buy BTC with Paxful:

We hope that this article has helped you in buying BTC online using Skrill. Happy Trading!