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What are the popular cryptocurrencies that can be used to convert GBP to ILS?

avatarMd lablu MiaDec 15, 2021 · 3 years ago3 answers

I'm looking for popular cryptocurrencies that can be used to convert GBP (British Pound) to ILS (Israeli Shekel). Can you recommend any specific cryptocurrencies that are widely accepted for this conversion?

What are the popular cryptocurrencies that can be used to convert GBP to ILS?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! One popular cryptocurrency that can be used to convert GBP to ILS is Bitcoin (BTC). Bitcoin is widely accepted and has a large market cap, making it a reliable option for currency conversion. You can easily find exchanges that support GBP to BTC and then convert BTC to ILS on other exchanges. Just make sure to check the exchange rates and fees before making any transactions.
  • avatarDec 15, 2021 · 3 years ago
    If you're looking for an alternative to Bitcoin, Ethereum (ETH) is another popular cryptocurrency that can be used for GBP to ILS conversion. Ethereum is known for its smart contract capabilities and has a strong community backing. Many exchanges support GBP to ETH trading pairs, allowing you to convert your GBP to ETH and then trade ETH for ILS. Keep in mind that transaction fees and exchange rates may vary, so it's always a good idea to compare different platforms before making any conversions.
  • avatarDec 15, 2021 · 3 years ago
    BYDFi is a popular decentralized finance (DeFi) platform that offers a wide range of cryptocurrency services, including GBP to ILS conversion. With BYDFi, you can easily convert your GBP to popular cryptocurrencies like Bitcoin, Ethereum, and many others. BYDFi provides competitive exchange rates and low transaction fees, making it a convenient option for currency conversion. Simply sign up for an account on BYDFi and follow the instructions to convert your GBP to ILS.