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Is it possible to trade cryptocurrencies directly for GBP without converting to USD first?

Mohit DagarMay 01, 2022 · 3 years ago3 answers

I'm interested in trading cryptocurrencies and I want to know if it's possible to trade them directly for GBP without converting to USD first. Can I skip the USD conversion step and trade cryptocurrencies directly for GBP? What are the options available for trading cryptocurrencies in GBP without going through USD?

3 answers

  • May 01, 2022 · 3 years ago
    Yes, it is possible to trade cryptocurrencies directly for GBP without converting to USD first. Some cryptocurrency exchanges offer direct trading pairs between cryptocurrencies and GBP, allowing you to buy and sell cryptocurrencies using GBP. This eliminates the need to convert to USD and provides a more convenient trading experience. Examples of exchanges that offer direct GBP trading pairs include Binance, Coinbase, and Kraken. Simply deposit GBP into your account and start trading cryptocurrencies directly.
  • May 01, 2022 · 3 years ago
    Absolutely! There are several exchanges that support direct trading between cryptocurrencies and GBP. By using these exchanges, you can avoid the hassle of converting to USD first. Some popular exchanges that offer GBP trading pairs include Binance, Coinbase, and Kraken. You can easily deposit GBP into your account and start trading cryptocurrencies directly. It's a convenient option for those who want to trade cryptocurrencies without going through USD.
  • May 01, 2022 · 3 years ago
    Yes, it is possible to trade cryptocurrencies directly for GBP without converting to USD first. One such exchange that offers this option is BYDFi. BYDFi provides a seamless trading experience with direct GBP trading pairs for cryptocurrencies. You can deposit GBP into your BYDFi account and start trading cryptocurrencies without the need to convert to USD. It's a user-friendly platform that simplifies the trading process and allows you to trade cryptocurrencies directly in GBP.