# Skrill crypto conversion fees

#### You:
how easy is it to get my skrill money into crypto and fees

#### ChatGPT:
Here’s a clear overview of **how easy it is to convert your Skrill balance into cryptocurrency and what fees you can expect** - based on Skrill’s official fee structure and typical user experiences:

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## 🪙 **How Skrill Crypto Works**

Skrill lets you **buy and sell cryptocurrencies** directly inside your Skrill account if the service is available in your country. You don’t need to use an external exchange - but:

- The crypto service is **not a full exchange** - it’s more like an on-ramp / trading feature provided via a partner. ([Skrill](https://www.skrill.com/en/siteinformation/fees/arg/?utm_source=chatgpt.com))
- Availability depends on your region (some countries can’t use it). ([Reddit](https://www.reddit.com/r/skrill/comments/1blco05?utm_source=chatgpt.com))

---

## 🚀 **Steps to Convert Skrill Money to Crypto**

1. **Log into Skrill** and go to the *Crypto* section.
2. Choose a cryptocurrency (BTC, ETH, etc.).
3. Enter how much of your Skrill balance you want to use.
4. Skrill will show you fees before you confirm.
5. Complete the purchase - crypto will appear in your Skrill crypto balance.\
   *Optional:* send it out to an external wallet if Skrill supports withdrawals in your region (this varies). ([Skrill](https://www.skrill.com/en/siteinformation/fees/arg/?utm_source=chatgpt.com))

⚠️ Note: Some users report that crypto options sometimes disappear or may be unavailable depending on regulatory issues or country restrictions. ([Reddit](https://www.reddit.com/r/skrill/comments/1az5kzj?utm_source=chatgpt.com))

---

## 💸 **Fees You’ll Pay**

Fees are one of the **biggest costs** when using Skrill for crypto:

### 📉 **Crypto Buying/Selling Fees**

- For **larger transactions (over \~€100)**: **\~1.50% per trade**.
- For **smaller amounts**, there can be **fixed fees** (e.g., €0.99-€1.99 on tiny amounts).
- A **crypto on-ramp fee** (\~2.75-2.75% from your Skrill balance) may also apply.
- A **network (blockchain) fee** is usually added when sending crypto out. ([Skrill](https://www.skrill.com/en/siteinformation/fees/arg/?utm_source=chatgpt.com))

### 💱 **Currency Conversion Fees**

If your Skrill balance isn’t already in the same fiat currency used for crypto, Skrill adds a **currency conversion fee (around \~3.99%)** on top of exchange rates. ([Skrill](https://www.skrill.com/en/siteinformation/fees/fin/?utm_source=chatgpt.com))

### 🏦 **Withdrawal / Transfer Fees**

- If you **keep crypto in Skrill and sell it back to fiat first**, you might face sell fees + conversion.
- Withdrawing crypto to an **external wallet** may include **network fees**.
- If you instead withdraw to your bank or card, **standard Skrill withdrawal fees apply** (e.g., flat fees or percentage). ([Skrill](https://www.skrill.com/en/siteinformation/fees/arg/?utm_source=chatgpt.com))

📌 **Real-world user reports suggest total costs (fees + FX spread) of around \~5-10% or more** when buying, then selling & withdrawing, if you don’t optimize the steps. ([Reddit](https://www.reddit.com/r/skrill/comments/1blco05?utm_source=chatgpt.com))

---

## 🧠 **Is It Easy?**

✅ **Relatively simple to use inside Skrill** - the interface guides you through buying crypto.\
❌ **Not necessarily cheap** - fees are higher than many standalone crypto exchanges.\
⚠️ **Availability varies by country** - some users may not see crypto options. ([Reddit](https://www.reddit.com/r/skrill/comments/1blco05?utm_source=chatgpt.com))

---

## 📊 **Tips to Lower Costs**

- **Avoid multiple conversions:** keep your Skrill balance in the same currency you’ll use for crypto.
- **Compare fees** with a dedicated crypto exchange - often cheaper if you’re just cashing out.
- **Check network fees:** if you’re sending to an external wallet, choose a blockchain with lower fees if supported.

---

If you want, tell me **which country you’re in** and I can give more precise info on availability and fees for Skrill’s crypto service there.


#### You:
can i send crypto to external wallets with skrill in latvia

#### ChatGPT:
### 📍 Can you send *crypto* from Skrill to an external wallet in **Latvia?**

✅ **Yes - but with important caveats.** Skrill *does* support withdrawing to an external crypto wallet in eligible countries, including Latvia. You can use the “Withdraw to Crypto Wallet” feature to send crypto to an address you control **but**:

- You **must withdraw *fiat* (like EUR)** from your Skrill balance to buy the crypto immediately as part of the process - you cannot directly send crypto already held inside Skrill’s internal crypto wallet. Skrill essentially converts your fiat to crypto and *then* sends it to your external wallet. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com), [Skrill](https://www.skrill.com/en/footer/terms-conditions/skrill-crypto-currency-terms-of-use/?utm_source=chatgpt.com))

**In other words:**

- Skrill *does allow* sending crypto to external wallets, but what it actually does is **use your fiat balance to purchase crypto and deliver it on-chain** to your destination address. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))
- You **cannot** take crypto that’s already in Skrill’s internal crypto portfolio and just push it out - you first convert it back to fiat and then use “Withdraw to Crypto Wallet.” ([Skrill](https://www.skrill.com/en/support/question/189/?utm_source=chatgpt.com))

---

### 🧾 How it works (step-by-step)

1. **Log in to Skrill** and go to **Withdraw → Crypto Wallet**. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))
2. Choose the crypto you want to send (BTC, ETH, etc.) and network. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))
3. Enter the **destination wallet address** (hardware wallet or exchange wallet). ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))
4. Skrill will show you the **fees** and ask you to confirm. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))
5. Confirm - Skrill purchases the crypto with your EUR balance and sends it on-chain to the wallet you entered. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))

⏱ You usually see the transfer hit the wallet within **minutes to an hour**, depending on network conditions. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))

---

### ⚠️ Things to know before you send

📌 **Supported wallets & tags**\
If you’re sending to an exchange or custodial wallet, you may need a **destination tag or memo** (for Coins like XRP/ADA). Skrill will prompt you if needed. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))

📌 **Verification required**\
Your Skrill account must be **fully verified** to withdraw crypto. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))

📌 **Blockchain transactions are irreversible**\
Make *absolutely sure* the address you paste is correct - mistakes cannot be undone. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))

📌 **Crypto options may vary by region**\
Availability of specific coins or networks can change and may depend on Skrill’s service status in Latvia. ([Skrill](https://www.skrill.com/en/footer/terms-conditions/skrill-crypto-currency-terms-of-use/?utm_source=chatgpt.com))

---

### 💰 Fees & costs

🚀 **Fees you’ll likely pay:**

- **Crypto on-ramp / purchase fee** - Skrill usually charges a fee for converting your EUR to crypto. The exact rate is shown before you confirm the withdrawal. ([Skrill](https://www.skrill.com/en/siteinformation/fees/arg/?utm_source=chatgpt.com))
- **Network (blockchain) fee** - this is deducted from the amount sent and goes to miners/validators. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))
- **No separate “internal crypto transfer” fee** - since Skrill uses fiat funds directly to buy and send crypto. ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com))

(Exact fee percentages can vary by account and offer - Skrill shows them on screen before you confirm.) ([Skrill](https://www.skrill.com/en/siteinformation/fees/arg/?utm_source=chatgpt.com))

---

### 📌 Quick summary

| Feature                                           | Available in Latvia?            |                                                                                                                                                                     |
| ------------------------------------------------- | ------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Buy crypto in Skrill                              | ✔️                              |                                                                                                                                                                     |
| Withdraw **existent** Skrill crypto directly      | ❌ (must sell to fiat first)     |                                                                                                                                                                     |
| Withdraw to external wallet (via fiat conversion) | ✔️                              |                                                                                                                                                                     |
| Send to custodial or personal wallet              | ✔️ (with address & tag support) |                                                                                                                                                                     |
| Fees shown before confirmation                    | ✔️                              | ([Skrill](https://www.skrill.com/en/support/question/80/?utm_source=chatgpt.com), [Skrill](https://www.skrill.com/en/support/question/189/?utm_source=chatgpt.com)) |

---

If you want, I can walk you through a **cost comparison** between using Skrill vs alternative exchanges that support direct crypto withdrawal (often cheaper) - just let me know!


#### You:
im verified how to withdraw from skrill fiat balsnce to crypto short 

#### ChatGPT:
**Short version (you’re verified):**

1. Log in to **Skrill**
2. Go to **Withdraw**
3. Select **Crypto wallet**
4. Choose the **crypto & network**
5. Paste your **external wallet address** (and memo if required)
6. Enter amount (from your **fiat balance**)
7. **Confirm** → Skrill converts fiat → sends crypto on-chain

⏱ Usually minutes to \~1 hour\
💸 Fees shown before confirming (conversion + network)

⚠️ Double-check address & network — crypto transfers are irreversible.


#### You:
i dont see that 

#### ChatGPT:
If you **don’t see “Withdraw → Crypto wallet”**, it’s usually for one of these reasons:

**Most common reasons**

- 🇪🇺 **Feature not enabled on your account** (even if verified, Skrill rolls this out selectively)
- 🌍 **Temporary regional restriction** (can change without notice)
- 💶 **Wrong balance selected** (must be a *fiat* balance like EUR, not Skrill Crypto)
- 📱 **App issue** → option often shows on **desktop web**, not the mobile app
- 🧾 **Account type / limits** (some accounts only allow buy/sell inside Skrill)

**What to try (quick)**

1. Log in on **desktop browser** (not app)
2. Go to **Withdraw** → check if **Crypto wallet** appears
3. Make sure you’re withdrawing from **EUR balance**
4. Check **Crypto section** → if you only see Buy/Sell, external withdrawals aren’t enabled

**If it’s still missing**

- It means **your account currently cannot send crypto externally**
- Only workaround: **withdraw fiat to bank/card → use a crypto exchange**

If you want, tell me:

- Desktop or app?
- Do you see **Buy crypto** but no withdraw?
- Country = Latvia confirmed?

I’ll give you the **cheapest workaround** for your setup.


#### You:
eatimated fees skrill to card and card to crypto

#### ChatGPT:
**Estimated total fees (Skrill → card → crypto exchange):**

### 1️⃣ Skrill → Card

- **Card withdrawal fee:** \~**1.99%** (sometimes a small fixed fee instead)
- **FX fee (if currency conversion):** \~**3.99%** (only if Skrill balance ≠ card currency)

👉 **Typical cost:** **\~2%–6%**

---

### 2️⃣ Card → Crypto (on an exchange)

- **Card crypto purchase fee:** **2%–4%** (Binance, Kraken, Coinbase, etc.)
- **Hidden spread:** \~**0.5%–1.5%**

👉 **Typical cost:** **\~2.5%–5%**

---

### 🔢 **Total Estimated Cost**

- **Best case (same currency):** \~**4.5%–6%**
- **Worst case (with FX):** \~**7%–11%**

---

### 💡 Cheaper tip

If possible:

- **Skrill → SEPA bank transfer (\~€0–1)**
- **Bank → crypto exchange (SEPA free or \~0%)**

That usually drops total fees to **\~0.5%–1.5%**.

If you want, tell me:

- EUR or other currency?
- Which exchange you plan to use?

I’ll calculate a **more exact % for your setup**.
