Below we highlight the crypto pairs that are most used to trade in and out of the Euro.
The most common factors that influence the popularity of a crypto-to-fiat pair are:
Market Liquidity: The availability of buyers and sellers for a pair.
Exchange Listings: Pairs available on major euro-friendly exchanges like Binance, Kraken, or Coinbase.
Adoption in Europe: Cryptocurrencies with active usage or partnerships in Europe see higher EUR trading volumes.
The most commonly used crypto-to-euro pairs typically include cryptocurrencies with high market capitalizations and liquidity. Some of the most traded pairs are:
BTC/EUR (Bitcoin to Euro): Bitcoin is the largest and most established cryptocurrency, making this pair a top choice for euro-based traders.
ETH/EUR (Ethereum to Euro): Ethereum, being the second-largest cryptocurrency, is widely traded against the euro.
USDT/EUR (Tether to Euro): Tether (a stablecoin pegged to the US dollar) is frequently used in trading and fiat conversions, making it a popular pair with the euro.
BNB/EUR (Binance Coin to Euro): Binance Coin, native to the Binance exchange, is commonly traded against the euro.
XRP/EUR (Ripple to Euro): XRP’s utility in cross-border payments makes it a popular option for euro trading pairs.
ADA/EUR (Cardano to Euro): Cardano is a well-regarded project with a strong European user base, leading to significant trading activity.
SOL/EUR (Solana to Euro): Solana’s scalability and popularity among developers have contributed to its active EUR trading.
DOT/EUR (Polkadot to Euro): Polkadot’s focus on interoperability attracts traders in the European market.
LTC/EUR (Litecoin to Euro): Litecoin, known as the "silver to Bitcoin's gold," remains a widely traded cryptocurrency.
DOGE/EUR (Dogecoin to Euro): Dogecoin’s popularity as a meme coin often translates to substantial trading volumes.
Some of the other noteable crypto-to-Euro pairs include: