Skip to forum
Notifications
Clear all

The best way to convert money before transfering

6 Posts
4 Users
3 Reactions
576 Views
LooooN
Joined: 06.09.2013

Hi guys,

I need your advice. I have been playing on PokerStars, but since the rakeback is horrible I plan on moving somewhere else. I've been using the USD currency. I've created a € account on PS recently. I also have a Skrill account in €. What is the best way to transfer my money from PS to Skrill? Is it better to use the convert process on PS and change it there from $ to €? And then transfer my money from PS to Skrill? Or should I just transfer my money from PS in $ to my Skrill account which is in €? Does it ever matter?


Reply
Quote
5 replies
Moderator
SDK1987
Joined: 12.11.2008

If I was you I would change all my money in euro’s before I transfer it to Skrill.
I expect that is the cheapest option and than you have most likely no currency costs.

Cheers,
SDK1987


Reply
Quote
LooooN Topic starter
LooooN
Joined: 06.09.2013

Hello there,

thank you for the answer. I've done it. I thought it would be better too.


Reply
Quote
la55i
Joined: 27.01.2013

There is no exchange fee when you convert your funds in pokerstars cashier so it is definitely better way to do it. You said that you are changing room because of horrible rakeback. Have you calculated how much pokerstars much lower rake compensates with it?


Reply
Quote
LooooN Topic starter
LooooN
Joined: 06.09.2013

I haven't yet, basically I want to take my €1000 and deposit it somewhere and clear the first deposit bonus of that page.


Reply
Quote
FollowTheSmartMoney
Joined: 26.06.2014

Yes, I also think it is best - add currency on Stars (Euros), convert into Euros on stars, ship to skrill. I found that the fees on skrill itself are too high.


Reply
Quote
Share: