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Paysafe’s Skrill Integrates 20 New Cryptos to Its Digital Wallet

Paysafe’s Skrill Integrates 20 Cryptos to Its Digital Wallet
  • Skrill, a firm specialized in digital payments added 20 cryptos to its digital wallet
  • Also, Skrill launched its crypto services in 11 additional US states and regions

Paysafe, a leading specialized payments company, announced that Skrill, its digital wallet service provider, has expanded its cryptocurrency.

The firm specialized in digital payments added 20 cryptos to its digital wallet for its customers to buy, sell, and trade. This includes Aave (AAVE), Ankr (ANKR), Dogecoin (DOGE), Uniswap (UNI), Polygon (MATIC), and more.

According to Skrill, the 20 new cryptos add up to its 15 existing cryptos and bring the total number of digital assets integrated into its digital wallet to 35 for customers based outside the US.

The Skrill team also noted that clients could find these cryptos on NETELLER, a standard e-money transfer service and another of Paysafe’s proprietary digital wallets.

Of note, after expanding its service in the US on March 25, 2021, Skrill launched its crypto services in 11 additional US states and regions. This includes California, Florida, Massachusetts, North Carolina, and Pennsylvania, making it available in 48 US States and territories. 

Established in 2018, Skrill is constantly expanding and improving its crypto offering. Also, it describes itself as one of the world’s leading digital wallets for crypto services. As a matter of fact, its crypto service is available in almost 100 countries, allowing customers to make direct crypto-to-crypto conversions. And also set recurring or conditional orders based on price fluctuations.

Early this year, Skrill and Paysafe have released the results of a consumer survey, which uncover many trends on the rising popularity and adoption of cryptocurrency. As a result, the survey shows that 4 out of 10 consumers have invested in crypto.

Following this, Rupinder Singh, Paysafe’s SVP, Consumer, Digital Wallets, said,

After a surge in overall activity in the industry, we’re seeing more interest in cryptocurrency than ever from our digital wallet customers, both current and new. The potential for this service is growing all the time, and we want to continue to responsibly expand what we offer at the same rate by adding new functionality, enabling new currencies, and launching in new territories.

Furthermore, he also added that they aim to make it even easier for consumers to get started in crypto using Skrill or NETELLER.”

What is more, Skrill said its users residing in Florida, Rhode Island, South Carolina, Arizona, California, Iowa, Massachusetts, North Carolina, Pennsylvania, US Virgin Islands, and Guam can now access the digital wallet’s cryptocurrency feature.

Roland Guirdonan can be found writing, developing, and designing all sorts of content. Aside from his fascination with content creation, he is also passionate about blockchain and cryptocurrency developments.