Lorenzo Pellegrino, CEO of Skrill, commented: “The world of cryptocurrency trading is exciting and dynamic, and our digital wallet service very much lends itself to this environment.
I’m confident that the ability to trade in cryptocurrencies quickly and easily through Skrill will appeal to consumers both now and in the future.
Over 25,000 deals have taken place for goods including Lamborghinis, pieces of rare art, global excursions and conversions to fiat.
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Online wallet and mobile payments operator, Skrill, formerly known as Moneybookers, is expanding the use of its wallet to include fiat-to-cryptocurrency trading. This comes at a time when traditional financial service providers are looking to tap into the crypto frenzy.
In today’s edition of Bitcoin in Brief we cover stories about Skrill launching crypto buying and selling, luxury marketplace The White Company reaching $100 million in transactions, Bitmex setting a trading record, and weak mining-related sales hurting AMD.
As on-chain derivatives continue to expand at record pace, the perpetual DEX sector has entered a phase of intensifying competition. This environment is characterized by record volumes, growing demand for market depth, and heightened user sensitivity toward fees.
One of the most notable on-chain crypto traders, known as 0xFC78, has had his fortunes crucially reversed due to suffering his two recent high-leverage trades.
In the crypto market, the ability to earn and withdraw should be basic expectations—yet many exchanges fail to deliver. A recent experience by a Zoomex user challenges this norm, and his story deserves to be shared.
Shiba Inu price is holding its yearly low while recording a sudden 1,000% surge in burn rate, raising the possibility of a reversal forming at a major support level.
Ethereum price continues to show weak momentum as bearish candles strengthen, increasing the likelihood of a deeper correction toward key lower support levels.