How can I transfer bitcoin Coinbase to Skrill?

Skrill Bitcoin – the perfect combination to buy/sell coins and earn money with it.

Bitcoin has become popular during the past years, and most of you will most likely have already used it at some point, but maybe not in combination with your Skrill account. However, your Skrill account can be used to buy and sell Bitcoins, and you can also deposit Bitcoins directly into your Skrill account.

With our quick guide, we want to show you how easy that is and how to become Skrill VIP faster by buying Bitcoins.

Let us have a look at the details.

Skrill Bitcoin – How to deposit Bitcoin to Skrill

Uploading Bitcoins to your Skrill account is a fast and easy process. We will show you how you can upload up to 500 EUR in Bitcoin to your account and start using it directly.

1. Choose deposit option
2. Click the “Upload” button in your account. A new window will appear showing you all available deposit options for your account. Choose “bitcoin – Instant Upload” and click the “Continue” button on the bottom.
3. Choose your deposit amount
4. During the next step, you have to enter the amount you would like to deposit. The standard limit is 500 EUR with a fee of 1%, but the limit can also vary depending on your country of residence or your verification status. If your account is not fully verified yet, we highly recommend verifying your account first to increase your limits. Just follow our Skrill verification guide to verify your account within one business day.
5. Transfer from your Bitcoin wallet
6. You will now be redirected to the bitpay payment processing page where you receive all information to finish the process. You can use the shown barcode or use the “copy payment URL” link to copy the link, which you can use in your Bitcoin wallet to make the transfer. Please make sure to enter the correct Bitcoin amount to avoid any problems with the process.
7. Wait for the payment to be processed
8. Once you made the transfer, the window disappears, and you will be redirected to your Skrill account overview page. It can take from minutes up to 1 business day for the payment to be available in your Skrill account, but usually, it will not take longer than a few hours. The status of your payment is shown in your transaction history as “pending” now until it was fully processed.

Please note, you will not be able to withdraw your Bitcoin deposit with your Skrill MasterCard or withdraw it directly to your bank account. You can only use it to deposit to merchants like poker sites, bookmakers, casino sites etc.

Skrill Bitcoin – How to buy Bitcoins with Skrill

You have two options to buy Bitcoins, you can use our trusted partner Bitpanda or you can buy through Skrill directly. Let’s have a look at both options and the details about the process.

Bitpanda

Bitpanda is one of Europas most robust and most reliable Bitcoin trading platform, and we are happy to have them as a partner at our side. Therefore we highly recommend creating an account there and use it to buy your Bitcoins.

Just make sure to fully verify your Skrill account as well as your Bitpanda account before you start to increase all your limits and remove all restrictions. Keep in mind that buying Bitcoins with Skrill is limited to mostly European countries, whereas selling Bitcoin for Skrill funds is possible worldwide.

Let’s have a look at the process to show you how easily you can buy your first coins. Please keep in mind that your transactions also count for the Skrill VIP status.

1. Hit the “deposit” button at the top of the page
2. Once you have clicked the deposit button, you can choose which of your currency accounts you want to use to deposit your funds.
3. Choose your preferred payment option
4. The next step will show you all the available payment options for your account. Just choose “Skrill” to move on with the process and enter the amount you want to deposit.
5. Summary & Confirmation
6. Bitpanda will show you the overview of these transactions, including the fee for your deposit.
7. Phone or SMS Verification
8. The last step is another verification step to increase the security level even more. You can choose to get a phone call to your phone (the number needs to be provided during the verification process) or a text message. So, no one can use your Bitpanda account without also having your phone, which will protect you even if your password gets stolen, for example.
9. Skrill account details
10. The final step is to enter your Skrill account details and confirm the transaction one last time. Bitpanda will then process the payment, and it should be available in your account within minutes usually.

Cryptocurrencies have become a significant factor for many people, and we are sure the acceptance and popularity will even more increase. Bitpanda offers you a safe and secure way to start your way into the crypto market. In combination with our Skrill Bonus Program, you can benefit even more and earn our monthly bonus or become a Skrill VIP member faster.