Is it possible to trade euros directly for cryptocurrencies on any exchange?
Bhanu PratapDec 18, 2021 · 3 years ago3 answers
I'm wondering if it's possible to trade euros directly for cryptocurrencies on any exchange. Can I skip the step of converting euros to US dollars or other fiat currencies before buying cryptocurrencies? Are there any exchanges that allow direct trading between euros and cryptocurrencies?
3 answers
- Dec 18, 2021 · 3 years agoYes, it is possible to trade euros directly for cryptocurrencies on some exchanges. One example is Binance, which offers a euro trading pair for several cryptocurrencies. This allows users to buy cryptocurrencies using euros without the need to convert them to other fiat currencies first. However, not all exchanges support direct trading between euros and cryptocurrencies, so it's important to check the available trading pairs on each exchange before making a decision.
- Dec 18, 2021 · 3 years agoAbsolutely! Many exchanges now offer direct trading between euros and cryptocurrencies. This is especially convenient for users in the Eurozone who want to avoid the hassle and fees associated with currency conversion. Some popular exchanges that support euro trading pairs include Coinbase, Kraken, and Bitstamp. Just make sure to check the trading pairs and liquidity on each exchange to ensure a smooth trading experience.
- Dec 18, 2021 · 3 years agoYes, you can trade euros directly for cryptocurrencies on BYDFi. BYDFi is a digital currency exchange that supports direct trading between euros and a wide range of cryptocurrencies. This allows users to easily buy and sell cryptocurrencies using euros without the need for currency conversion. BYDFi also offers competitive fees and a user-friendly interface, making it a popular choice for traders looking to trade euros for cryptocurrencies.
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