Skrill is an e-wallet or money transfer service. It is one of the most preferred payment methods in many online casinos today.
Skrill as an e-wallet service has its advantages over other similar services. This is one of the money transfer company that lets you use its service for online gambling.
Skrill was previously Moneybookers US. It was an e-wallet service for EU customers that launched in 2001. The company’s US counterpart opens its doors in 2008 at New York City. By 2010, the e-wallet company has more than 25 million customers. In 2011, the company changes its name to Skrill.
An account works as a digital wallet that will carry your money in order to pay for items, services, or adding funds to a gambling website. You can transfer money to the digital wallet via your bank account, credit card, or a prepaid voucher. It can also exchange your local currency for the one that the casino is using. Fees for currency exchange are only around 2.99% to 3.99%.
When you make a deposit with Skrill, there is a fee of 1% of the amount that you are sending. The e-wallet will not charge you for transferring your bankroll to your digital wallet. There are no charges for receiving money on your account.
The reason why many casino punters are using e-wallet services is for security. There are some people who refuse to use his credit cards in any website due to fear of leaking his card info onto criminals. This is why some are still on the fence before playing at any online Bitcoin casino.
E-wallets can give you another way to send money to a Bitcoin casino. You do not need to enter your card number or other sensitive info just to enjoy the gambling scene. Instead, you just use your password and pin on your digital wallet. Even if criminals can find a way to open your digital wallet, you can lower the risk by limiting the amount of money you send to your account.
The e-wallet is not just open to a gambling website. It also encourages it through different promotions. Simply using Skrill to fund your account can give you a set of casino bonuses. Some even come with free spins. The e-wallet is also a good way to cash out your bankroll from a Bitcoin casino if it does not let you take out your money to a digital wallet.
If you transfer more than 2000 EUR with the e-wallet, you can become a VIP member. This will remove certain fees on your deposits and withdrawals. You can also earn points that you can exchange for certain rewards.