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Is it possible to trade British pound for euro directly on cryptocurrency exchanges?

avatarSwagato BhattacharyyaDec 28, 2021 · 3 years ago3 answers

Can I exchange British pound for euro directly on cryptocurrency exchanges? I am interested in trading these two fiat currencies on a cryptocurrency exchange platform. Is it possible to do so without converting them to Bitcoin or any other cryptocurrency first?

Is it possible to trade British pound for euro directly on cryptocurrency exchanges?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, it is possible to trade British pound for euro directly on some cryptocurrency exchanges. These exchanges offer fiat-to-fiat trading pairs, allowing users to exchange one fiat currency for another without the need for an intermediate cryptocurrency. However, not all cryptocurrency exchanges support this type of trading, so you need to find an exchange that specifically offers this service. It's important to note that the availability of fiat-to-fiat trading pairs may vary depending on the exchange and the specific currencies you want to trade.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! You can trade British pound for euro directly on certain cryptocurrency exchanges. These exchanges provide a convenient platform for users to exchange fiat currencies without the hassle of converting them to cryptocurrencies first. By offering fiat-to-fiat trading pairs, these exchanges cater to users who prefer to trade traditional currencies. Just make sure to check the supported trading pairs and the fees associated with these transactions on the exchange you choose.
  • avatarDec 28, 2021 · 3 years ago
    Yes, you can trade British pound for euro directly on cryptocurrency exchanges that support fiat-to-fiat trading pairs. This feature allows users to exchange one fiat currency for another without the need to convert them into cryptocurrencies. However, it's important to do your research and find a reputable exchange that offers this service. Keep in mind that not all exchanges support all fiat currencies, so you may need to check if the specific exchange you're interested in supports the British pound and euro trading pair.