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What are the fees associated with buying crypto on Skrill?

avatarBerto_BatumbakalDec 16, 2021 · 3 years ago3 answers

Can you provide a breakdown of the fees associated with purchasing cryptocurrencies on Skrill? I'm interested in knowing the transaction fees, deposit fees, and withdrawal fees for buying crypto on Skrill.

What are the fees associated with buying crypto on Skrill?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! When buying crypto on Skrill, you will encounter several types of fees. Firstly, there is a transaction fee, which is a percentage of the total amount you are purchasing. This fee varies depending on the specific cryptocurrency and can range from 1% to 3%. Additionally, there might be a deposit fee when you add funds to your Skrill account to buy crypto. The deposit fee is usually a fixed amount or a percentage of the deposit, depending on the funding method you choose. Lastly, there might be a withdrawal fee when you transfer your purchased crypto from Skrill to an external wallet. The withdrawal fee also varies depending on the cryptocurrency and can range from a few cents to a few dollars. It's important to note that these fees are subject to change, so it's always a good idea to check Skrill's official website for the most up-to-date fee information.
  • avatarDec 16, 2021 · 3 years ago
    Buying crypto on Skrill comes with certain fees. The transaction fee is the primary fee you'll encounter, and it is a percentage of the total amount you are purchasing. This fee can vary depending on the cryptocurrency you are buying, and it typically ranges from 1% to 3%. Additionally, there might be a deposit fee when you add funds to your Skrill account. The deposit fee can be a fixed amount or a percentage of the deposit, depending on the funding method you choose. Lastly, there might be a withdrawal fee when you transfer your purchased crypto from Skrill to an external wallet. The withdrawal fee varies depending on the cryptocurrency and can range from a few cents to a few dollars. It's important to consider these fees when buying crypto on Skrill to ensure you are aware of the costs involved.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to buying crypto on Skrill, there are a few fees to keep in mind. Skrill charges a transaction fee for each purchase, which is a percentage of the total amount you are buying. The exact fee percentage varies depending on the specific cryptocurrency, but it typically falls within the range of 1% to 3%. Additionally, there might be a deposit fee when you add funds to your Skrill account. The deposit fee can be a fixed amount or a percentage of the deposit, depending on the funding method you choose. Lastly, there might be a withdrawal fee when you transfer your purchased crypto from Skrill to an external wallet. The withdrawal fee varies depending on the cryptocurrency and can range from a few cents to a few dollars. It's important to be aware of these fees and factor them into your decision when buying crypto on Skrill.