UK based bitcoin exchange Cubits has added Skrill as an approved withdrawal funding method for users selling bitcoin.
This change along with adding Skrill as a payment method to buy bitcoin in April is helping the startup reach many new customers across Europe.
Cubits focuses mainly on the European market providing other payment methods too such as SEPA, SOFORT, SWIFT, and OKPAY. The new addition of Skrill will help extend Cubits to 28 EU licensed and supported countries.
Until recently, you could cash out at Cubits only with a bank transfer, which took some time. Now, you can withdraw your money from selling BTC directly to your Skrill Wallet. This is a much faster service for Skrill users, who can get funds immediatley versus waiting a few days for a bank transfer.
Cubits supports more countries
In addition to Cubits adding Skrill, they have also announced that they have added seven new countries to their full range of services. The countries added are: Brazil, Japan, Korea, Mexico, New Zealand, Singapore, and South Africa.
Countries that Cubits supports allows users to buy and sell bitcoin with ID verification. Users in these countries can also raise their buy and sell limits. For users not in these countries they have lower daily and monthly limits.