Ethereum is the second-largest cryptocurrency in terms of market capitalization, and it is one of the popular cryptocurrencies in the world. This revolutionary blockchain network provides many applications in the FinTech space with the help of smart contracts. The value of the Ether coin has significantly grown from its inception in 2015 to 2021.
With the increased popularity, cryptocurrency adoption has also increased remarkably over the past few years in different regions of Europe. The UK is the leading country in terms of crypto adoption when compared to all the other European countries.
European residents convert their funds in EUR into ETH to utilize Ethereum for trading and other purposes. To buy ETH, Europeans need to deposit their funds in EUR into an online exchange and then buy Ether. Users need to consider certain factors like exchange fees and transaction speed before converting digital assets into fiat money.
This article compares different cryptocurrency exchanges that provide the cheapest way to convert ETH to EUR.