Converting crypto to dollars / euros and vice versa

Converting crypto to fiat currency

If you want to take part in an ICO or want to buy dividend tokens, you need Ethereum (ETH) or Bitcoin (BTC). Somehow you have to convert your hard earned dollars, euro’s, pounds to crypto. And in the end you also want to convert your dividend back to your normal currency. You can’t buy a loaf of bread with Ethereum or pay your bills with Bitcoin.

LiteBit is a Dutch company where you can buy several crypto coins straight from euros to your wallet. You can pay for your crypto with Ideal, SEPA bankwire, SoFort, GiroPay, BankContact or Mybank. Most of the time you better buy or sell BTC and convert it to ETH at a real exchange like Bittrex

If you would buy 50 eth you pay at LiteBit 20205.10 euro for that amount I could buy 2,006385 BTC at litebit and convert it on Bittrex to 51.31714165 ETH

If you sold 50 ETH now at Bittrex it would get you 1.94537936 BTC Selling 50 ETH at LiteBit = EUR 18504,90 but if you sold 1.94 BTC it was 18857,63 It can save you dozens of euros

But if you are in a hurry you can buy or sell lots of coins at LiteBit.

If you have a fully verified account You can buy or sell with a 35,000 euro max limit.

A disadvantage of LiteBit is that they don’t always have enough coins on stock and token is under maintenance.

Bitstamp is UK based bitcoin marketplace. It allows people from all around the world to safely buy and sell bitcoins with cash or credit card.

A bank wire transfer typically takes 2-5 and SEPA transfer 1-3 business days to reach your Bitstamp account. In case you choose SEPA deposit to be added to USD balance, it must go through additional step of converting funds to USD.

You can buy and sell BTC, XRP, LTC, ETH and BTC for USD or EUR.

Cryptopay is an online wallet where you can easily store and spend your money in the form of bitcoins, Euros, British Pounds or US Dollars.

Cryptopay is a bank wiring transfer and debit card service (EUR, GBP, USD). You can send and receive fiat on your bank account or convert Bitcoin to you debit card.

Coinfloor is a UK company where can buy or sell Bitcoin or Bitcoin Cash and soon for Ethereum, followed by Ripple, Litecoin and Ethereum Classic. Coinfloor support as fiat GBP, EUR, PLN and USD.

All Coinfloor customers need to provide at least one proof of identity and pass verification checks. We require ID documents to follow our preemptive regulatory requirements and to follow AML and KYC guidelines.

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