I want to tell you what happened to me when I tried to top up my Skrill balance by using bitcoin.
A few days ago I saw skrill is offering bitcoin as a possible deposit option now, so I gave it a try:
I sent 50€ to my account and everything seemed to be fine. The amount became available after 6 confirmations of the btc transaction and it was added to my "available balance", too. After this I went to a local ATM and tried to cashout 40€ using my skrill prepaid mastercard, without success.. I went to an ATM of another bank but still no cashout possible.. "Using this service isn't possible with your card." I signed in to my Skrill account using my smartphone and checked if everything was okay. I couldn't find any issue so I contacted the Skrill support via email and got the following answer:
If I can't use it with my Skrill Mastercard, why is the deposited amount mixed with the other balance? How can I say that I want to use the amount topped up by bitcoin in a default skrill payment instead of the amount I topped up another way? There's no way to see only the amount which is available for the mastercard?!
I really feel cheated by Skrill and I want to warn other users this way.
Best regards,
juffer
Using a fiat based card service to withdraw your bitcoin is not a great idea. Not only you are risking your money, they generally have higher fees than bitcoin only cards.