A digital mobile payments provider and Paysafe Group’s subsidiary, Skrill, has recently announced a development that will help users directly convert Bitcoin to other cryptocurrencies. Users will be able to convert Bitcoin to other digital assets in the beginning but support for more pairs is expected in the future.
Another feature is the ability to make faster transactions at lower fees. Clients will no longer have to change Bitcoin to fiat before they can buy other cryptoassets.
The feature will begin on Skrill, but Paysafe is hoping they could extend it to Neteller and eventually launch it to other markets. Skrill Service enables buying and selling of nine cryptos including Bitcoin, Bitcoin Cash, Ethereum, Ripple, and Litecoin.