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Is it possible to buy cryptocurrencies with EUR and then convert them to TRY?

avatarMAHESH PONNURU RA2111026010489Dec 27, 2021 · 3 years ago3 answers

I want to know if it's possible to purchase cryptocurrencies using EUR and then convert them to TRY. Can I directly buy cryptocurrencies with EUR on any exchange? And if so, how can I convert them to TRY afterwards?

Is it possible to buy cryptocurrencies with EUR and then convert them to TRY?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Many cryptocurrency exchanges support EUR as a fiat currency for buying cryptocurrencies. You can deposit your EUR into the exchange and use it to purchase your desired cryptocurrencies. Once you have the cryptocurrencies, you can then convert them to TRY using the exchange's trading pairs. Look for the EUR/TRY trading pair and follow the instructions provided by the exchange to make the conversion.
  • avatarDec 27, 2021 · 3 years ago
    Definitely! Buying cryptocurrencies with EUR is a common practice on various exchanges. You can find exchanges that offer EUR as a trading pair with popular cryptocurrencies like Bitcoin, Ethereum, and more. After purchasing the cryptocurrencies with EUR, you can use the same exchange or another platform that supports the EUR/TRY trading pair to convert them to TRY. Just make sure to check the exchange rates and any fees involved in the conversion process.
  • avatarDec 27, 2021 · 3 years ago
    Yes, it is possible to buy cryptocurrencies with EUR and convert them to TRY. At BYDFi, for example, you can deposit EUR and purchase cryptocurrencies directly. Once you have the cryptocurrencies, you can trade them for TRY using the available trading pairs. Keep in mind that the conversion rates may vary depending on market conditions and the exchange you choose. It's always a good idea to compare rates and fees before making any transactions.