Posted on

Skrill: Online payments & Money transfers

skrill

Skrill ( Formly known as Moneybookers )  an ecommerce business that allows international payments and money transfers to be made via the Internet. It focuses on low-cost international money transfers.  It is owned and operated by Skrill Limited, a UK based company.

In Sept 2011, Moneybookers announced it would rebrand their service as Skrill. Skrill allows for sending and receiving payments in 41 currencies, supporting major credit and debit cards.

Skrill Deposit Limits

There are several limits skrill impose when depositing to your Skrill account, dependent on the verification level of your Skrill account and the chosen deposit method.

  • For deposits with debit or credit cards:
Identity verification not completed
Identity verification completed
Card verified
Card not verified
Card verified
Card not verified
Maximum daily limit
€750
€500
€5,000
€500
Maximum weekly limit
€1,000
€500
€7,000
€500
Maximum monthly limit
€1,500
€1,500
€25,000
€3,000

 

if you have linked your bank account to your skrill wallet then the deposits limits are increased further and currently there is no limit on your skrill account. Verification as with most financial institutions require ID to be verified using your passport or divers licience, it is pretty straight forward and once verified lefts all account limits.

Skrill Refer a Friend

The Skrill Refer A Friend Programme  allows you to earn money from Skrill for referring new members to sign up for a Skrill Account. Skrill will pay you a commission equal to 10% of the revenue earned by Skrill for each transaction. You can earn up to £100 for every user referred to the skill website. The refer a friend programme is open to anyone with a skrill account. if your interested in promoting skrill on a more commercial basis then you can sign up for their affiliate program.

Benefits Of Skrill

  • Security: Skrill utilises the latest fraud protection technology for its processing and has a highly trained Risk and Anti-Fraud team to identify and react to fraudulent activity immediately.
  • Prompt Processing: Skrill notifies the seller immediately once a payment has been authorized which enables every seller to ship customer goods faster .
  • Free of charge: The Skrill payment service is free of charge for the buyer and only payment processor that doesnt have chargeback on payments.
  • Great Deals: The Skrill payments is integrated on over 100,000 online stores globally.Many of them offering special deals for Skrill customers.
  • Alternative: Skrill is a very cost-effective alternative to PayPal.
  • Skrill PrePaid MasterCard : You can order and activate your prepaid card under “Skrill Card” after logging into your Skrill  account.

 

Sign up for Skrill

skrill

 

 

 

 

Posted on

How to Make Money With Bitcoins

075cbca

There has been alot of ways to earn money online. Making money with bitcoins and digital currencies is currently hot in 2016. Im going to provide a few stratigies to make increase your wealth and make a few bucks.

Buy and Hold for the Long term

Making money with bitcoins doesnt have to be complicated my first stratgy is to buy bitcoins at the lowest price i can get them. If you want to invest alot into bitcoins then set a dollar amount each month to spend on bitcoins and slowly each month add to your holdings. The dollar cost average over a long period will ease out any volitiiy. Although this is a simple method …buying and holding for years on end is tricky. If you want to use this method i would hold it for 20 years or more . but it will require a serious amount of patience. Its hard to predict the price in 20 years but i think it would definitely be above $3000 per bitcoin .Coinbase has a Bitcoin Vault that could be use for long term storage , however i personally recommend you look after your own bitcoins and private keys.  Sign up with Coinbase and you recieve $10 worth of bitcoins.

.

SendIX

 

Make Money Trading with LocalBitcoins

Trading your way to making more money is abit more tricky and abit more effort, but sometimes you have to make effort to make money. Local Bitcoins is probably the fastest and easiest way to buy and sell bitcoins. Localbitcoins is a peer to peer bitcoin exchange. Whatever country you might live in there will be someone on local bitcoins willing to do a trade with you

 

localbitcoins-find-offers

 

Trade Bitcoin like the Pros with Etoro

If you want to trade bitcoins like the pros you will need to use more professional tools. If you want to make decent money trading bitcoins you will need an edge over the market. Most professional traders will use a combination of technical and fundamental analysis to get the winining trades.

If you want technical indicators and prices charts then Etoro is the place to be. eToro is a social trading and multi asset brokerage company that has registered offices in Cyprus, Israel and the United Kingdom. eToro allows its users to watch the financial trading activity of ther users, copy them, and to make their own trades.

One great aspect about Etoro is that its Social. You have all the best traders in one place so if you need any trading advice Etoro openbook is the place to hang out and talk with other Bitcoin traders.

If you arent a professional trader that is ok . Etoro has an excellent Copytrader function . What this means is that you can search openbook for the best bitcoin trader and copy all the wining trades that the trader does. All of this done on automatically on the etoro platform. If used right the Copytrade can turn a novoice trader into a profitable bitcoin trader.
1446473778Screenshot2015110214.15.26

Posted on

How I Lost 10354 SJCX in Coinbase!

bitcoin-lost-it-all

Everyone does dumb things in there lives. Last month i did something that ranked pretty high in the dumb list..I hold a some digital assets and one of my baskets of assets was 10354 SJCX . At todays prices that would be about £800. SJCX for those that dont know is a digital token on the StorJ Network. Storj is a decentralised cloud storage solutions built on Blockchain technology. Earlier this year when i heard about the project i wanted to test the application. However to be part of the test group you had to hold 10000 SJCX which at the time was relatively cheap at only about £100.. i thought what the hell 😉

I had these coins sat in the wallet for ages… they had gone up in value over the months i had them….and in the end they became worth about £800…Which is a 8X increase pretty good gains i thought. I dont know why , i thought to myself what would happen if i tried to transfer the SJCX into my Coinbase wallet.  After all a Storj Wallet is a extension of a bitcoin wallet… I also thought that id be able to transfer them oout if anything went wrong since coinbase have a good support team.

Without really thinking what i was doing i went and transfered ALL the SCJX to a coinbase wallet i own 1Cr563rzct219VZL1sHoVSNGNuMU128swE. Only when i went and opened my coinbase wallet i had a horrible feeling i messed up bad.

Once i had realised what i had done i rushed to email coinbase support to see if they could assist me somehow..this was the response i got from coinbase.

JUN 23, 2016  |  04:21PM PDT
Robert Reid replied:

Hello,

Unfortunately, it’s not that easy. Our keys are locked up in our own secure key storage system. This system is only able to sign Bitcoin transactions and can’t do anything else. We tied our hands on purpose with respect to these private keys. So it’s really hard for us to sign non-Bitcoin transactions. Obviously, it’s possible, but it requires a ton of engineering effort to code up, test, and deploy a solution. And it is not worth it for us to do this for the small amount of money people lost to this.

We have had many people that have sent altcoins to our Bitcoin address, and we were not able to help them retrieve them.

I am sorry for any inconvenience this caused and for misunderstanding your initial question.

Regards,

 
Robert Reid
Customer Support Agent
Coinbase

 

 

It may be the case that the SCJX is suck in Coinbase forever or maybe oneday a coinbase engineer with the private keys will scope up my lost SCJX. So the lesson learn from this experience is not to sent Altcoins like Storjx to Coinbase or you will lose them FOREVER.