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There are many options you can choose from when making a deposit or a withdrawal from the platform and Skrill e-wallet is one of them. It is a digital wallet that supports a wide variety of currencies and allows you to send and receive money online. Let’s have a closer look at how you can register, top up, verify the wallet and how it is possible to deposit and withdraw from IQ Option with it.

Register

To register an account with Skrill, follow the link https://account.skrill.com/signup

It will redirect you to the sign up page where you need to type in your email address and come up with a password for the e-wallet. Then you will need to fill in the information about your name, surname, country and date of birth.

Once you have set it up, you are ready to use it!

Deposit

Deposit to Skrill

If you decide to deposit with Skrill, first you will need to top up your e-wallet. In order to do that, log in and go to the Deposit tab. Specify your country and the currency that you want to use. Once you do that, you will be able to choose the top-up method among the available ones.

You can deposit with a bank card, wire transfer, other e-wallets (for instance, Neteller) or with cryptocurrency. The methods may differ according to your locale.

Once you choose the deposit method, you will need to provide some additional data. You will need to specify your address and date of birth and then you can proceed to the payment.

Note that funds from deposits made with a Mastercard bank card cannot be used for gambling transactions. Even though our platform is not a gambling service, you will not be able to deposit that money to your IQ Option account, so you need to choose a different payment method. This only applies to Mastercard.

Deposit to IQ Option

To deposit funds to your IQ Option account from Skrill, first of all, choose the deposit method on the deposit page —  https://iqoption.com/counting.
Type in the amount of deposit (the minimum is 10 USD) and click Proceed to payment. The page will redirect you to the Skrill login page, where you need to sign in and complete and confirm the payment. The deposit will be instantly reflected on your IQ Option balance.

Withdrawal

Withdraw from IQ Option

In order to withdraw from the platform, go to the withdrawal page https://iqoption.com/en/withdrawal and choose Skrill from the list. Specify the amount you would like to withdraw (the minimum is 2 USD) and the email address that your Skrill account is registered with.

Make sure that your IQ Option account is verified, if not — upload the necessary documents.

Withdraw from Skrill

You may withdraw funds to your bank card or bank account by choosing the Withdraw tab or you may send your funds to another e-wallet in the Send tab.

The time of the processing will depend on the withdrawal method, for a bank card it is up to 3 business days.

Verification

To increase the possible transaction volume in your Skrill wallet, you may pass the verification process.

Go to the Settings tab, this is where you can also set the security features like 2 Factor Authentication or find the Referrals program. Scroll down and you will see the Verification button.

You will be able to pass a simplified verification procedure if you verify the account with Facebook.

If not, you will be able to use the Skrill mobile app or the website for verification of identity and address.

Verification will also allow you to use a Skrill Prepaid Mastercard which you can issue in the Skrill card tab.

Fees

There are no fees for withdrawals and deposits with Skrill from our side, which means that you can deposit and withdraw from your IQ Option account commission free.

Skrill charges fees for deposits and withdrawals, you may check the up-to-date information on the official Skrill website — https://www.skrill.com/en/siteinformation/fees/

Now you know everything you need in order to use Skrill for transactions without any complications.

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NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.


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