Skrill is a global company, whereas local banks frequently provide limited coverage. Skrill allows you to do much more than simply transfer money from one account to another.
Your Skrill account functions as a Digital Wallet, allowing you to pay with your uploaded funds, a bank account, or debit or credit cards. With a Skrill account, you have complete control.
When you use Skrill instead of your online banking or credit/debit card, you can make international transfers, pay various merchants, including gaming and betting sites, and trade with cryptocurrency.
Purchasing and selling cryptocurrency carries a number of risks that can result in significant losses. For more information, please see our disclosure here. PayPal makes no recommendations for buying or selling cryptocurrency.
Consider consulting with your financial and tax advisors. Paxos Trust Company, LLC, PayPal’s licensed service provider, handles all cryptocurrency custody and buying and selling.
Purchasing, selling, and holding cryptocurrencies is unregulated in many states, including California. The New York State Department of Financial Services has granted PayPal, Inc. a license to conduct virtual currency business.
Buying, selling, and holding cryptocurrency with PayPal is prohibited in Hawaii and other states.
Can I send money from Skrill to PayPal?
Skrill and PayPal do not allow direct transfers between them. Both are among the most widely used payment systems. There are no direct transfers between Skrill and PayPal.