Where Can I Check Bitcoin Price in Euro?

From TheBookbag
Jump to navigationJump to search

Bitcoin is the leader in the cryptocurrency market. It has the highest price and the biggest market capitalisation among other digital assets. BTC is traded on all major crypto exchanges. Crypto exchanges are divided into groups:

• Centralised

• Decentralised.

CEX (centralised platforms) are official crypto exchanges that operate in the market and comply with all the rules and requirements in this field.

Pairs such as BTC-EUR, BTC USD and others are available only in CEX, for transactions with fiat currencies require users' verification. KYC (know your client) is a procedure of client verification and checking that takes place on centralised platforms to ensure that a client is not associated with illegal activities or fraud schemes and does not pose any danger to other exchange clients.

Decentralised crypto platforms do not require KYC, while at the same time, they do not promise safety for clients' funds. That is the main difference - on a centralised exchange, you can convert BTC to EURO and withdraw funds directly to your bank card, while DEX does not offer such an option.

Where Can I Check Bitcoin Price in Euro?

You can use any large cryptocurrency exchange like Binance or WhiteBIT to see the current price for BTC EUR. The process of buying Bitcoins with euros is simple and straightforward:

1. Register and pass KYC.

2. Add the bank card to your account and transfer the needed sum from your card.

3. Open the trading section and select BTC and EUR.

4. Pay the fee and receive Bitcoins.

In the reverse direction, it works similarly: convert BTC to EUR and transfer fiat to your card.

We recommend registering on the WhiteBIT crypto exchange and beginning your journey to the crypto world. On WhiteBIT, the procedure of KYC verification takes just a couple of days after what you access all the benefits and trading tools of the platform.