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The Comprehensive Guide to Converting Cryptocurrencies with LondonLink

Written by LondonLink | Aug 2, 2024 9:54:40 AM

Cryptocurrencies have revolutionised the financial world, offering new opportunities for trading and investment. This guide will show you how to convert digital assets like BTC and ETH into GBP or EUR.

BTC to GBP: A Key Conversion for UK Investors

Converting Bitcoin to GBP is a popular transaction for UK investors as digital asset investments become familiar. We offer our lowest trading fees with minimal slippage by leveraging liquidity aggregators and our OTC desk.

Source: Google Finance, Bitcoin to Pound sterling, 6 May 2016 to 31 July 2024.
Past performances are not a reliable indication or source of future performances or results.

 

BTC to EUR: For Transactions in the Eurozone 

Converting BTC to EUR is a common transaction for those dealing with European markets. LondonLink’s services offer dedicated brokers to accurately execute your trades.

Source: Google Finance, Bitcoin to Pound sterling, 6 May 2016 to 31 July 2024.
Past performances are not a reliable indication or source of future performances or results.

 

ETH to GBP: Maximizing Your Ethereum Investments

Ethereum, the second-largest cryptocurrency by market capitalisation, is a popular choice among investors. At LondonLink, we can convert ETH to GBP by leveraging multiple liquidity sources to ensure our lowest rates. Ethereum's network supports over 3,000 decentralised applications (dApps), making it a cornerstone of the DeFi ecosystem.

Source: Google Finance, Ether to Pound sterling, 26 May 2017 to 31 July 2024.
Past performances are not a reliable indication or source of future performances or results.

 

ETH to EUR: Cross-Border Crypto Trading

Converting ETH to EUR is a common transaction for those dealing with European markets. LondonLink facilitates this process with our streamlined platform. Our brokers accurately execute your trades. Europe accounts for about 29% of global Ethereum transactions, highlighting its importance in the region.

Source: Google Finance, Ether to Euro, 26 May 2017 to 31 July 2024.
Past performances are not a reliable indication or source of future performances or results.

 

USDT to GBP: Familiarity Meets Versatility

Tether (USDT) is a popular choice for people looking for variety in their investments. Converting USDT to GBP with LondonLink ensures you get our lowest rate. Interestingly, Tether's market capitalisation has grown to over $83 billion, reflecting its significant role in the crypto market.

USDT to EUR: Digital Asset Transactions for European Investors

Stablecoins like USDT offer a credible way to trade across different currencies. Converting USDT to EUR at LondonLink lets European investors use Tether in the Eurozone market.

USDC to GBP: Cryptocurrency Conversions in the UK

USD Coin (USDC) is another popular stablecoin that is fully backed by the US Dollar. At LondonLink, we design the conversion of USDC to GBP to be available at our lowest rates.

USDC to EUR: Conversions for Eurozone Markets

USD Coin (USDC) is fully backed by reserved assets. This means USDC is backed 100% by cash and highly liquid cash-equivalent assets. Most of the USDC reserve is held in the Circle Reserve Fund (USDXX), an SEC-registered 2a-7 government money market fund. This transparency makes it a popular choice among crypto traders. Stablecoins are not regulated by the FCA, and you can lose all your money.

There are strict rules for trading cryptocurrency in the Eurozone market, so many investors choose to convert USDC to EUR. You can convert USDC to EUR using LondonLink.

Understanding cryptocurrency conversions can be overwhelming, but LondonLink makes it understandable. LondonLink provides our lowest rates and expert support for converting popular cryptocurrencies like BTC to GBP or ETH to EUR. We offer a practical approach to meet your trading needs.

 

Stablecoin Risk Disclaimers

  • Counterparty and Collateral Risk: When a stablecoin is backed by collateral involving a third party maintaining this collateral, this carries additional risks. Specifically, if the third party were to become insolvent or fail, you may lose some or all your investment linked to the collateral the third party provided.
  • Redemption Risk: This risk refers to the possibility that a stablecoin's ability to be redeemed for the underlying collateral may not be as anticipated during market fluctuations or operational issues.
  • Exchange Rate Fluctuations: Stablecoins, often denominated in US Dollars, expose UK investors to fluctuations in the USD exchange rate.
  • General Stablecoin Risk: Stablecoins attempt to link their value to a specific fiat currency or index. The pegs in stablecoins have historically been challenged, resulting in potential/realised losses for holders. Stablecoins depend on complex algorithmic outputs, reserves that may not be demonstrably proven or accessible, or redemption mechanisms that do not perform as expected.

 

Approved by Archax 01/08/2024