Skrill, a notable worldwide payment provider, has revealedits latest move of integrating a new option that permits the buying and selling of all cryptocurrencies into its platform.
This strategy is intended at eradicating the urge of converting cryptocurrencies into fiat so that a purchase can be made.
Skrill’s cryptocurrency journey
Skrill established the cryptocurrency service in July 2018, enabling users to buy different digital assets.
Lorenzo Pellegrino, Skrill CEO, noted that crypto was crucial in their operations. As a result, it was essential for the company to devise ways of simplifying the way customers interacted with these digital assets. Expressly, users have the opportunity to buy even less known altcoins, such as ox and Ethereum Classic.
Pellegrino acknowledged: “Cryptocurrency is an important part of what we do in digital wallets and using our scale and vast experience of the payments industry, we’re continually enhancing our service to help our customers get the most out of the crypto ecosystem.”
As reported by Blockchain.News on Nov. 26, the Crypto Price Index (CPI) is anticipated to be an ideal crypto market indicator because it will include over 200 of the top traded cryptocurrencies based on market capitalization. It is expected to function like the Dow Jones Industrial Average by offering insights about the trading history of the major blockchain projects.
Image via Shutterstock