Since the end of the Second World War, the international economy has revolved around the u.s. dollar. And by extension, the coins in the crypto world have also changed. However, increasingly other currency is gaining relevance in the international market: the euro. So today we will discuss how much you traded 1 Bitcoin in euros.
The role of the euro in the world
Today, few could doubt that the great global superpower is the united States, followed at some distance by the people’s Republic of China. And although there is no other nation that can be compared alone to the power of these giants, there is a continent that if you join, you not only reaches but exceeds to the great powers of the world. The European Union has been making since its foundation in a strong player on the world economic issues. A position reinforced after the creation of the eurozone and with it the euro, the european currency. Currency that has provided him with more leverage in the international economy. As countries begin to use it as currency in their transactions, as well as an asset of international reserves. A trend that has reached to the crypto market, where it is increasingly common to find exchanges in the traded currencies such as Bitcoin for euro. Thus opening the doors of the crypto world and the technology Blockchain, to european users eager to acquire criptoactivos.
How much is 1 Bitcoin in euros?
And is that, on many occasions, the fact that the currency of a country is not accepted by an exchange, it is a factor that prevents users of the same to participate on the exchange platform. Looking for a company where they can conduct transactions with local currency, without the need to make changes in the money market that may not benefit them. In the case of the eurozone, this means hundreds of millions of potential users, they would not engage in the purchase and sale of Bitcoin at an exchange where you do not accept euros. By what exchanges the european as Bitpanda, or international, such as Cex.io, have made their exchange market cryptocurrencies for euros one of their main characteristics. At the same time that giants like Binance, enable the use of euros in the purchase of cryptocurrencies P2P. Because of this, the question of how much traded 1 Bitcoin in euros can be quickly answered. Without a doubt, BTC is in the order of 6.675 euros per token. A reference that opens the doors to users from all over Europe, to conduct transactions with cryptocurrencies. And that makes the crypto world, much richer and with more possibilities.