Skrill and NETELLER launch four new cryptocurrencies to buy and sell in wallet

AVAX, ICP, IOTX and AXS are now available to buy and sell within Paysafe’s Skrill and NETELLER digital wallets

London, UK — Skrill and NETELLER¹ the  digital wallet providers which are part of Paysafe Group (NYSE: PSFE), have announced the addition of four new cryptocurrencies to their digital wallets², allowing users to buy, sell and hold the tokens from an optimised and user-friendly interface.

The four coins introduced include Avalanche’s AVAX, the Internet Computer Protocol (ICP) by Dfinity, IoTeX’s IOTX and Axie Infinity’s AXS. Through Skrill or NETELLER, users can set up custom price alerts to notify them of major movements, or set up recurring purchases. The 40+ cryptocurrencies now available directly in Skrill and NETELLER include Bitcoin, Ethereum, Chainlink, Solana and others.

The newly added cryptocurrencies include exponents from major smart contract and computation platforms, including AVAX, ICP and IOTX.

AVAX is the native gas fee token on Avalanche’s platform, an open smart contract platform for decentralised applications, which recently saw a powerful surge in activity and popularity.

Dfinity Foundation’s project, Internet Computer, is an advanced blockchain-based system that aims to create a decentralised cloud to replace the core centralised infrastructure of the internet — with ICP as its native token.

IoTeX is a decentralised blockchain network used and controlled mutually by users, developers, and businesses. Its aim is to facilitate collaboration between humans and IoT devices in a trustless and safe way. IoTeX’s native coin, IOTX, is the utility token that powers the platform.

Finally, AXS is the play-to-earn exponent in the updated roster, as the governance token of Axie Infinity  - a Play-to-Earn blockchain-based game. On Axie Infinity, unique NFTs are linked to unique animal characters owned by users.

“We are excited to be expanding our selection of cryptocurrencies within Skrill and NETELLER, with our latest batch including some very exciting cryptocurrencies available today,” says Chirag Patel, CEO, Digital Wallets, at Paysafe. “Tokens like AVAX, ICP, IOTX and AXS are great additions for us, allowing our customers to get exposure to the rapidly growing DeFi and Play-to-Earn economies. This cements Skrill and NETELLER as ideal platforms for accessing the vibrant crypto world, and our portfolio tools will surely make life easier for our users as well.”

Notes

¹ The NETELLER digital wallet is not currently available for U.S. consumers.

² The Skrill USA digital wallet’s crypto offering does not currently support the four additional cryptocurrencies for its customers in the U.S.

About Skrill

Skrill has been making digital payments simple, secure and quick since 2001. We’re an acknowledged world-leader in developing global payment solutions for people’s business and pleasure, whether they’re buying online or sending money to family and friends. We also meet the needs of businesses worldwide, helping them build a global customer base and drive growth.

About Neteller

Founded in 1999, NETELLER is a digital wallet that offers people the ability to send and spend money online from a simple account. It allows customers to upload funds from credit and debit cards, bank accounts and a variety of alternative payment methods and use those funds to send money to friends and family or spend online wherever they see NETELLER at the checkout. Customers can also use a prepaid Net+ card wherever Mastercard is accepted. For businesses, NETELLER connects them to millions of wallet holders around the world.

About Paysafe Limited

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading specialized payments platform. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualised transactional volume of U.S. $100 billion in 2020, and approximately 3,400 employees located in 12+ global locations Paysafe connects businesses and consumers across 70 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.