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How to Buy Crypto with Euro (EUR)

How to Buy Crypto with Euro (EUR)

Adrian Graham
Fact Checked
Sep 13, 2022

Our Summary: Buying cryptocurrencies like Bitcoin and Ethereum with Euros (EUR) is simple thanks to the variety of different exchanges based in Europe. These platforms allow investors to deposit Euros with a wide range of deposit methods including Bank Transfer, SEPA, Debit Card, Credit Card, PayPal and others.

If you are looking to get started quickly, we recommend a platform like eToro because they offer fast and cheap Euro (EUR) deposits to trade over 80 Cryptos and thousands of other assets.

Table of Contents

Best Euro (EUR) Crypto Exchange

Platform Highlights

  • Fast and cheap Euro (EUR) deposits from any European Bank.
  • Buy and sell 80+ Cryptos and over 7,000 Stocks & ETFs for zero fees.
  • Licensed by the European Securities and Markets Authority (ESMA) and FCA.

How to buy Crypto with Euros (EUR)

The easiest way to buy Cryptocurrencies with Euros depends on the deposit method you want to use. If you are using traditional payment methods like a Bank Transfer, SEPA or others, eToro is the best platform for European investors. They offer the fastest and cheapest rates to deposit Euro (EUR) on their multi-asset brokerage platform to trade crypto, stocks, ETFs and more.

You can get started in 4 simple steps:

  • Step 1: Sign up to eToro EU and verify your personal or company identity.
  • Step 2: Select the 'Deposit Funds' button on the bottom of your dashboard to transfer Euros (EUR) from any of the available deposit methods.
  • Step 3: Once the Euro (EUR) hits your account, find the crypto you want to buy.
  • Step 4: Input the EUR amount you want to buy and execute your trade.
Deposit Euro with over 10 different payment options.

European Central Bank (ECB) Crypto Policy

The European Central Bank (ECB) has not yet published an official policy on cryptocurrencies. However, the ECB has issued various statements over the past few years that suggest it is taking a cautious approach to digital assets.  In February of 2022, ECB president Christine Lagarde said that the bank was "closely monitoring" developments in the cryptocurrency space. She also warned that crypto assets could pose "financial stability risks" due to their volatility and lack of regulatory oversight.

That said, the ECB does not have any outright bans on cryptocurrencies and crypto exchanges in Europe. The only provision is that investors must use a European Securities and Markets Authority (ESMA) licensed exchange to buy and sell digital assets.

Best Exchanges to buy Crypto with Euro

The list below is an overview of the 4 best cryptocurrency exchanges in Europe that are regulated by the European Securities and Markets Authority (ESMA). We have also noted which platform is best for different Euro (EUR) deposit methods and use cases:

  • eToro - Best Overall (Bank Transfer, SEPA, Debit Card/Credit Card + more).
  • Uphold - Best for Google Pay and Apple Pay.
  • Paxful - Best for European Gift Cards.
  • Nexo - Best for Euro (EUR) Stablecoins
Overall best platform for Euro Crypto & Stock investing.

Euro (EUR) Stablecoins

One popular type of cryptocurrency in Europe is the EURO Stablecoin. These coins are digital assets that are pegged to the value of the Euro currency. The most popular EURO Stablecoins are EUROC, EURS, sEUR and NEXOEUR. These coins can be used to store value, make payments and transfer money without having to convert to fiat currency first.

EURO Stablecoins are popular in Europe because they offer the stability of the Euro without having to deal with traditional banks or financial institutions. They also allow users to avoid exchange rate fees when sending money abroad. You can learn about how to buy EURO stablecoins in our guide.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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