What Deposit & Payment Methods Can I Use on SkinWallet?
SkinWallet is an outstanding instant skins cashout site, and it’s also an excellent platform for buying new skins and in-game items. And this guide will share with you the ins and outs of the purchasing process by letting you know what deposit and payment methods you can use at SkinWallet.
Be it that you want to instantly turn your CS:GO, Dota 2 or Rust skins into real money, or get your hands on rare items at unbeatable prices, here’s how you can process deposits and withdrawals at SkinWallet.
What Deposit Payment Methods Can I Use at SkinWallet?
If you’re ready to add funds to your SkinWallet account to buy your favorite skins and items, here you the list of available deposit payment methods:
- Conotoxia Pay (Visa, MasterCard, Skrill, UnionPay, iDeal, blik)
- G2APay
- PayPal
SkinWallet keeps the list of deposit methods short and sweet, because the majority of CS:GO traders use these payment methods to fund their accounts and buy new skins and in-game items.
The best methods for depositing money into SkinWallet are Visa, MasterCard, Skrill and PayPal, because you’ll pay less fees and the deposits will be processed instantly. Whereas G2APay, which are gift cards, involve extra steps and you have to pay higher fees.
About the Fees for Depositing Funds into SkinWallet
Here you have a breakdown on the fees you will have to pay when depositing money into SkinWallet through their available payment methods:
- Conotoxia Pay : 2.5% + $0.10 USD
- G2APay: 5.0% + $0.40 USD
- PayPal: 2.0% + $1.00 USD
SkinWallet doesn’t charge fees to users when buying skins, but as you can see, you’ll have to pay extra money when funding your account. Honestly, this is a downside in our opinion, because other skin trading sites don’t charge this type of fee.
Note: All of the aforementioned payment methods have a minimum deposit requirement of $5.00 USD.
What Direct Payment Methods Can I Use at SkinWallet?
You can use the same deposit methods: Visa, MasterCard and G2APay. You only need to add the skins and items you wish to buy to your card, select your preferred payment method and finish the transaction. The platform will immediately send the skins to your inventory, so you can sell them or use them in the game without restrictions.
You’ll have to pay the same fees as the deposit methods, but given that the skins are normally at a discount of 5-10% off versus Steam, you’ll still get access to excellent prices that will bring you the opportunity to buy skins for cheap and sell them at higher prices on other platforms.
What Withdrawal Payment Methods Can I Use at SkinWallet?
If you’re ready to cash out your funds from SkinWallet, you can do it via the following withdrawal methods:
- Bank Wire
- Payeer
- Tipalti
- Payoneer
- PayPal
- Tether (USDT – ERC20)
SkinWallet brings you the perfect mix between traditional payout methods and cryptocurrencies, so you can handle your money as you wish.
In our opinion, the best withdrawal methods are bank wire, PayPal and cryptocurrencies, because they charge low fees, they’re fast and safe, and they’re available in the majority of countries and regions.
About the Fees for Withdrawing Funds from SkinWallet
Just like deposit methods, these withdrawal methods are also subjected to fees – here you have the breakdown:
- Bank Wire: 2%
- Payeer: 3%
- Tipalti: 3% – $5.00 USD
- Payoneer: 3% + $3.00 USD
- PayPal: 2%+ $1.00 USD
- Tether (USDT): 2%
You can withdraw your money via bank wire, Payeer, Tipalti, Payoneer or PayPal from $5.00 USD, whereas USDT has a minimum withdrawal requirement of $500 USD. If you want to use crypto, then you’ll need to accumulate a significant balance first before cashing out via USDT.
Note: They have currently paused all the withdrawal requests, hence it’s not possible to cash out your funds via any of the supported payout methods. Once they become active again, keep in mind that they can take up to 72 hours to process payments.
Can I Get a Refund on SkinWallet if I Bought the Wrong Skin?
No, all the sales are final at SkinWallet. Once you’ve completed the transaction, you cannot request a refund because the skin will have already been transferred to your inventory, and the buyer will instantly receive the corresponding payment.
Can You Trade Skins for Skins at SkinWallet?
No, SkinWallet doesn’t support skin-for-skin trading as it’s a cash-trading platform where you can buy skins with real money and sell them for money as well. There have been some talks about including this feature, but so far now you can only use SkinWallet to buy and sell skins and in-game items.
Is SkinWallet Still Operating in 2023?
Yes, SkinWallet is still operating but they were acquired by SkinSwap in April 2023. All the payouts are disabled at the moment, because they’re fixing bugs and integrating the trading platform into SkinSwap’s structure. Therefore, we only recommend SkinWallet for buying skins and items since they’re not offering payouts at the moment.
Has SkinWallet Processed all the Pending Payouts?
Yes, SkinWallet successfully processed and sent all the pending payouts on July 15, 2023. They paused all payouts from April to June 2023 after being acquired by SkinSwap, leaving an important number of users worried about their funds. Fortunately, the company has fulfilled its promise of sending out all the pending withdrawals.
However, if you still haven’t received a payout, you can contact their customer support team via live chat. They will get back to you in 24 hours or less in order to process your payout and send your money via your preferred payment method.
According to Reddit users, some traders had to wait up to 4 months to receive their pending payouts (August and September). We hope that the SkinSwap’s acquisition and full integration will make it possible to speed up withdrawals.
What is the Fastest Deposit Method at SkinWallet?
If you want to buy skins and items at SkinWallet as soon as possible, then we recommend you to use Visa, MasterCard, Skrill or PayPal. These payment methods will instantly credit your deposits, so you will be able to use the funds right off the bat to purchase your favorite skins.
Keep in mind that you can only deposit a maximum of $100 USD as a new user. If you want to top up your account with more money, then you’ll have to complete the corresponding KYC verification. After verifying your account, you will be able to deposit a maximum of $9,000 per month.
What is the Fastest Withdrawal Method at SkinWallet?
Tether (USDT) is the fastest withdrawal method at SkinWallet because it’s processed in 72 hours or less. In our experience, you can expect to receive your money the same day. However, there’s a minimum withdrawal requirement of $500. As a second option, you should use PayPal, as they usually process the payouts the same day as well.