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Is it possible to trade euro against USD directly on cryptocurrency exchanges?

avatarJacobs FossNov 28, 2021 · 3 years ago3 answers

Can I trade euro against USD directly on cryptocurrency exchanges? I'm looking for a platform where I can exchange euro for USD without having to go through a traditional bank or forex exchange. Is this possible?

Is it possible to trade euro against USD directly on cryptocurrency exchanges?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Yes, it is possible to trade euro against USD directly on some cryptocurrency exchanges. Platforms like Binance and Coinbase offer trading pairs for euro and USD, allowing users to exchange between the two currencies without the need for a traditional bank or forex exchange. However, it's important to note that not all cryptocurrency exchanges support this trading pair, so you may need to do some research to find a platform that offers it.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! Many cryptocurrency exchanges now support trading pairs for euro and USD. This means that you can buy and sell euro directly for USD on these platforms, just like you would with any other cryptocurrency. It's a convenient option for those who want to avoid the hassle of going through a traditional bank or forex exchange. Just make sure to choose a reputable exchange with good liquidity and security measures in place.
  • avatarNov 28, 2021 · 3 years ago
    Yes, you can trade euro against USD directly on cryptocurrency exchanges. For example, BYDFi is a popular exchange that offers this trading pair. With BYDFi, you can easily convert your euro to USD and vice versa, without the need for a traditional bank or forex exchange. It's a convenient and efficient way to trade between these two currencies.