What Deposit & Payment Methods Can I Use on SkinPort?

Skinport Payment Methods

SkinPort is one of the best skins trading sites in 2023 because you can purchase exclusive in-game items at unbeatable prices. Hence it receives over 2.8M visits per month, and if you’re interested in buying or selling at this platform, this article will share with you what deposit and payment methods you can use at SkinPort.

We will also let you know what currencies are available on SkinPort for deposits and withdrawals, the corresponding fees, what to do if your payment was declined and information about skin-for-skin trading.

An Important Note About Deposits on SkinPort

The site doesn’t support an in-account balance or wallet system that allows you to deposit money into the platform. You only need to select the skins and items you’d like to buy, proceed to the checkout stage and then pay for your order with your preferred payment method.

Therefore, when we talk about “deposit” methods we’re talking about methods you can use for buying skins at SkinPort. This is a major advantage because you won’t be restricted by minimum or maximum deposit limits. You can buy as many skins as you wish instantly.

However, this also presents a disadvantage because you might have to pay the corresponding fees of processors such as Visa and MasterCard. Depending on your location, the fees can range from 1% to 5% per purchase. 

Deposit/Purchase Methods Available at SkinPort

SkinPort supports the following deposit and payment methods for buying skins and in-game items:

  • Credit cards (Visa, Mastercard, AmericanExpress)
  • Debit cards (Visa, Mastercard, AmericanExpress)
  • Maestro
  • Girocard
  • Apple Pay

As you can see, the selection of deposit/purchase methods at SkinPort is small, as you can only rely on 5 options for buying your favorite skins and items. All the debit/credit card, Maestro, Girocard and Apple Pay payments are instant, you don’t have to wait to receive your skins immediately. 

Keep in mind that Apple Pay might only be available for certain countries, or it might work only on mobile from your iOS device.

SkinPort used to support Bitcoin in the early days, but they no longer offer this payment method. It’s because they need to fully comply with the current European and German regulations, and hence it’s not possible for them to accept BTC at the moment.

About Deposit and Purchase Fees and Limits

Since March 10th 2021, SkinPort charges a 0% fee for buying skins and items on its platform. However, you might still have to pay some fees to payment processors such as Visa, MasterCard and AmericanExpress.

You don’t need to provide or verify any data for buying skins at SkinPort, you can use your Visa, MasterCard, Giropay, Maestro or Apple Pay to buy your favorite items right off the bat after joining the platform. 

Regarding the limits, you can buy skins for $1,000, $5,000, $10,000 or even more without problems. Because SkinPort offers high limits for buying skins before triggering a KYC requirement. 

Withdrawal Methods Available at SkinPort

SkinPort Withdrawal Methods

If you’re interested in selling at SkinPort because it’s one of the most liquid skins trading platforms in the world,  you can cash out your profits via the following payment methods:

  • Bank transfers via SEPA
  • Bank transfers via SWIFT

You can only cash out the profits from your sales via bank transfers. Unfortunately, as of now, SkinPort doesn’t support any other withdrawal method and they don’t have plans to change this in the near future.

SkinPort charges a 12% fee on all sales below 1,000 EUR, and for sales above this market you only have to pay a 6% fee, and the same goes for private sales.

The fees associated with the bank transfers will vary depending on your location. The majority of the time they will be free, whereas other times you might have to pay a fee in the 0.5% to 1.0% range.

Keep in mind that you will have to complete different stages of KYC verification based on the volume of your sales and withdrawals, such as verifying your personal data and bank account. You can read more about it here.

Currencies Available for Deposits and Payments on SkinPort

SkinPort supports the following currencies for deposits and withdrawals:

  • AUD
  • BRL
  • CAD
  • CHF
  • CNY
  • CZK
  • DKK
  • EUR
  • GBP
  • HRK
  • NOK
  • PLN
  • RUB
  • SEK
  • TRY
  • USD

Keep in mind that you cannot select your currency as it will be automatically assigned based on your location. If you’re using SkinPort from Germany, then you’ll only be able to make deposits and withdrawals in EUR, whereas if you’re trading from the UK, then your assigned currency will be GBP. You cannot change your currency.

It’s also important to notice that, if you don’t see your currency listed, then it’s because your country/region might not be supported for selling skins at SkinPort.

What Can I Do If My Payment Was Declined?

If your payment or deposit was declined at SkinPort, here you have some solutions you can try to sort out this problem:

  • Simply wait 5-10 minutes and try again because your card network might be having problems at the moment to process payments
  • Make sure that your credit/debit card has been activated to make online purchases
  • Make sure that all of your info such as your names, address and ZIP match the information of your credit or debit card
  • Verify if you haven’t surpassed the limits of your credit/debit card
  • Make sure that your credit or debit card supports 3D Secure.

If you still cannot make a payment after trying these solutions, then you should contact customer support as soon as possible to fix this issue.

Can You Deposit Steam Skins in SkinPort?

Yes, you can do it and you need to do it if you want to sell skins on SkinPort. Since it’s a bot-based trading platform, you have to deposit the skins you wish to sell into SkinPort’s inventory, so they can process purchases and sales automatically.

Therefore, it’s also important to know that SkinPort doesn’t support skin-for-skin trading. Rather, it’s a 100% cash trading platform where you can exchange real money for skins and in-game items, and vice versa.

Can You Receive a Refund After Depositing or Buying a Skin at SkinPort?

No, SkinPort doesn’t support refunds because all the sales and purchases are final. After completing the checkout process, you’ll receive your selected skin and the seller will receive the payment. There is not a possibility to open disputes, as you’ll directly receive the skins and items into your inventory.

Is It Safe to Link Your Bank Account to SkinPort?

Yes, SkinPort is a legit and safe skins trading site that meets all the regulations and standards of German and European Law. Therefore, you can safely link your bank account to SkinPort to process withdrawals. SkinPort will process your bank withdrawals fast, allowing you to receive the funds in 24 to 72 hours. If you want to see our full in-depth review of Skinport you can do here.