Skrill stops its operations in Venezuela / Skrill detiene sus operaciones en Venezuela

Skrill announced that it will stop its operations in Venezuela, I woke up and had the notification in my email indicating the closure of my account.

Skrill is an online wallet to transfer and receive payments, which offers different exchange services, I started using it because I received a Christmas gift through their platform, in Skrill I could exchange cryptocurrencies, in the platform they offer different options, however for me the limitation was always not finding someone to exchange my Skrill dollars and take them to another platform.

After many attempts and even scams I managed to withdraw my money from Skrill, I have not recommended it to my friends, on the contrary, I warn them that if they do not have a bank account in dollars then you have to pay more than 30$ to make the first withdrawal from the platform, for this reason and for its cumbersome verification system I have not used it frequently.

However, it is a platform that offered solutions to many people, including freelancer, companies. Since 2018 they started to accept exchanges with cryptocurrencies and that expanded much more its usefulness. This company has a long history and generally stands out as a reliable company.

I do not know the exact reason, but it is possible that it is for the same reason that Bittrex left, due to the sanctions that Venezuela is currently undergoing due to its conflicts with the United States.

In the statement they do not indicate the reasons, Skrill only informed that unfortunately the accounts will be active until April 20, 2021 and that you can withdraw funds but you will not be able to deposit more in the accounts, and automatically on April 20, 2021 the accounts will be closed.

That this company withdraws its operations in Venezuela opens opportunities to others, it is very likely that its customers will start using other exchange services. In Venezuela there are few native Fintechs in the country, but more and more options are expanding to make exchanges, to receive remittances, to buy digital assets, and more.

If this whole country situation has taught us anything, it is to develop everything we can. When we had the food crisis, the main food producing company in the country stopped producing corn flour in large quantities and the need was so great that now there are many brands in the market, before there were only two or three, now there are many new brands of refined corn flour.

Crises generate opportunities. I am happy to be in Blockchain and to know that I am connected to the world in a decentralized way and that there is a world of solutions to be applied.

Thanks for reading and visiting my blog.

_{Translated with www.DeepL.com}