Ethereum is the second most valuable cryptocurrency. It is the largest smart contract ecosystem, home to the largest pool of blockchain developers, and hosts the widest range of crypto projects.
In this guide, we'll dive into the ins and outs of how to Buy Ethereum in 2023, we tell you of the best places to buy Ethereum today, give you a step-by-step guide on how to buy the best altcoin in less than 5 minutes, and teach you everything else you need to know about buying Ethereum.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Looking to venture into buying Ethereum, but not sure where to start? Who can blame you - the value of Ethereum has sky-rocketed since it was first launched in 2015. Fortunately, investing in this innovative digital currency has never been so easy for your average Joe.
In the following section, you will find the best places to buy Ethereum. We wil also provide an insight on the different ways to buy Ether that will help you decide the exchange of your preference.
Where To Buy Ethereum
Ethereum is one of the most sought-after crypto assets. It is massively popular in and outside the crypto community and investor interest in altcoins has been on an uptrend.
Ethereum is also listed with virtually all the most popular crypto exchanges, peer-to-peer trading platforms, and OTC crypto trading platforms.
Hereinbelow, we tell you of the best exchanges where you can buy Ethereum today.
1. eToro - Overall Best Place to Buy Ethereum in 2023
eToro makes it to our list of best crypto exchanges to buy Ethereum because of its beginner friendliness and ease of use. For starters, it runs an easy and straightforward onboarding process that allows anyone to register and start trading crypto in minutes. It also maintains one of the most beginner-friendly crypto trading platforms and lets you start buying Ethereum with as little as $10.
eToro started as a trading platform in 2007. It, however, has since morphed into one of the most popular and adequately liquid crypto exchanges. It supports one of the widest range of payment methods. And this lets eToro platform users buy Ethereum with credit cards, debit cards, bank transfers, Trustly, and such eWallets as Skrill, Neteller, and PayPal.
The top exchange also maintains highly competitive and transparent trading and non-trading fees. For instance, it doesn't charge any deposit processing fees. Additionally, you only have to pay a fixed commission of 1% when you buy ETH tokens on eToro. The transparency claim is also given credence by the fact that the crypto exchange lets you view all the fees acting on your crypto trade before you hit the buy/sell button.
The crypto exchange also maintains a highly intuitive trading platform, which appeals to both beginner and expert traders. It is easily navigable and features a smooth buy process. But it also features a set of highly advanced trading, research, and risk management tools.
We also featured eToro, a top place to buy Ethereum list because it provides all its platforms with free crypto wallets. You can decide to leave the purchased ETH tokens in the insured and free exchange provided wallet. Alternatively, you can move them to the equally free but non-custodial eToro mobile wallet app.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
2. Crypto.com - Best Place to Buy Ethereum for High Instant Deposits
Crypto.com is a relatively new crypto exchange created in 2019. It, however, ranks highly on the list of fastest-growing crypto trading platforms and blockchain ecosystems - seeing that it recently launched the Cronos blockchain. The exchange is also deeply liquid and supports a wide range of crypto assets and ETH trading pairs. But it appears on our list of where to buy ETH because of its relatively high and instantaneous deposits - up to $50,000 daily.
Other factors that help Crypto.com feature on our list of best crypto exchanges to buy Ethereum include its appeal to different types of investors. It, for instance, appeals to beginner traders with its easy client onboarding process and highly intuitive user interface. Not forgetting its affordable minimum deposit of $20 and competitive trading fees.
Crypto.com then appeals to expert traders, especially scalpers with its ultra-fast order execution speeds. These are complemented by the intuitive trading platform that integrates a host of premium market research, trading, and risk management tools.
We also feature it among the best places to buy Ethereum because of its competitive trading fees. When you buy Ethereum on Crypto.com, for instance, you will only pay a maker/taker fee of between 0.4% and 0.1% - based on your 30-day trading volume. And if you had staked a minimum of 5000 CRO (Cronos) coins on the platform, you enjoy a 10% discount on the fee.
Crypto.com will also provide Ethereum platform users on the platform with a free digital wallet. You also get to enjoy staking and lending services on the platform. The staking platform earns you up to 14.50% on ETH while the lending platform lets you borrow 50% of your staked ETH tokens while maintaining flexible repayments of up to 12 months.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
3. Binance - Best Place to Buy Ethereum for Low Fees
Binance is the largest and arguably the most popular crypto exchange in the world. Daily crypto trading volumes in excess of $40 Billion then confirm it as the most liquid crypto exchange. But it makes it to our list of where to buy Ethereum because of its incredibly low crypto trading fees.
When buying Ethereum via Binance, for instance, you will only pay a maker/taker fee of between 0.1% and 0.04% - based on your 30-day trading volume. And if you choose to settle the trading fee with BNB coins - the native token for the Binance Smart Chain - you qualify for a 25% discount. This brings the trading fee down to between 0.75% and 0.03%.
We also feature it among the best places to buy Ethereum because of its resource-rich trading platform. For starters, the exchange maintains a quick and straightforward client onboarding process. It also runs an easily navigable and beginner-friendly trading platform.
The Binance trading platform also integrates a host of premium trading, research, and risk management tools. These, plus the fact that the exchange maintains some of the fastest order execution speeds endears Binance to expert crypto investors. The fact that it also supports a wide range of crypto assets and lists a wide range of ETH pairs endears it to active traders, especially scalpers.
Additionally, Binance is dedicated to the security of user funds. Like all other crypto exchanges, it gives its clients free access to an ultra-secure exchange-based wallet. You could also choose to use their free and non-custodial crypto storage services provided through their Trust wallet app.
We also feature Binance here because it maintains the largest private insurance fund dedicated to crypto investors. So far, the exchange has a cumulated $1 Billion dedicated to reimbursing its clients in case of a crypto hack.
What Is Ethereum?
Ethereum is a decentralized and open-sourced blockchain technology created by Vitalik Buterim - alongside 7 other co-founders. Its development started in 2013 but the Ethereum mainnet launched in July 2015.
According to the Ethereum whitepaper, the blockchain is intended to serve as the primary home for decentralized applications - the ultimate home for smart contract-based technologies.
Through the years the Ethereum mainnet has been subjected to multiple upgrades. The most recent was the London hard fork in August 2021, and in a few months, Ethereum is expected to upgrade to Ethereum 2.0 by transitioning from the current energy consuming proof of work consensus and embracing the energy-conscious proof-of-stake algorithm.
Ethereum has pioneered several standard-setting crypto technologies. The two most popular today are the smart-contract concept and the support for the creation and deployment of other cryptocurrencies referred to as tokens.
Today, the smart contract technology has been picked up by other blockchains and crypto programs. Over 25,000 tokens have also been launched on the Ethereum blockchain via its all-popular ERC–20 compatibility standard.
Is Ethereum (ETH) A Good Investment?
Ethereum is one of the most undervalued cryptos in the market today. Investor interest in Ethereum has been in an uptrend as evidenced by the growing number of ETH wallets and daily trade volumes. The crypto coin has also performed exemplarily well in the past, making it one of the fastest-growing virtual currencies.
However, the Ether crypto asset also faces several key challenges that would make anyone reconsider investing in the coin. Key among them are the prohibitive gas fees and the indecisive approach to ETH 2.0 upgrade.
But to better understand if Ethereum is a good investment today, we need to weigh both its pros and cons.
Reasons to Buy Ethereum:
ETH has sustained an uptrend
Since its launch, Ethereum prices have sustained an uptrend. They have never fallen below their introductory price, which makes it worth buying if you are looking to grow your portfolio consistently.
Ether records high in-network developments
Ethereum is the unofficial incubation hub for most crypto programs/projects. Some of the most revolutionary crypto protocols like Web 3.0, NFTs, and even the Metaverse were created and nurtured on the network. These are expected to continue fueling the altcoin's uptrend.
Ethereum has massive potential for future value gain
All the developments taking place on the Ethereum network, including the ETH 2.0 upgrade are prepping the altcoin for unprecedented value gain. Some analysts and investors are even confident that ETH will grow its value at a faster rate in the next few years and eventually flip Bitcoin as the most valuable crypto ecosystem.
Ethereum Lets you earn doubly
You may also consider investing in Ethereum because there are multiple staking and saving platforms that let you double the income realized from your ETH holdings. Both from staking interest/reward and the altcoin’s value gain.
ETH is resilient
You may also consider buying Ethereum because it is a massively resilient crypto coin. It has survived even the most volatile market crashes without dipping below its ICO price and its rebound was also swift.
Risks of Buying Ethereum:
Ethereum is a massively volatile crypto asset. Its price crashes often and it is practically impossible to accurately tell what it will be worth tomorrow or in the future. Only invest in ETH if you can tolerate such volatilities and price uncertainties.
Ethereum faces stiff competition from supposed Ethereum-killers. These include Solana, Avalanche, Cardan, and Tezos. They hope to draw development activity and investors off Ethereum and eat into its market cap by providing the crypto community with a more versatile, affordable, faster, and innovative smart contract platform.
High gas fees
Ethereum's low transaction processing speeds against a growing number of use cases often leads to skyrocketing gas prices. During the recent launch of the Apecoin Metaverse transaction confirmation prices exceeded $200. This has seen developers and brands shun the platform in favor of more affordable and faster smart contract platforms like Solana or the Binance Smart Chain.
Ethereum (ETH) Price
Ethereum tokens were first availed to the public via an ICO in the summer of 2014 with each virtual asset selling for $0.311. By the time the altcoin started selling on main exchanges in August 2015, data from CoinMarketCap indicates that the token was selling for $0.75 - having grown its value by more than 250%. The price jump evidenced the warm welcome that both the coin and its revolutionary smart contract technology have received from the crypto market.
Between 2015 and early 2017, Ethereum prices ranged between $1 and $15. Its daily trade volumes ranged between $1 million and $100 million. Such an insignificant price action for such a promising altcoin has been attributed to the low adoption of crypto technology.
But as soon as the crypto market started rallying in the second half of 2017, Ethereum tokens took the cue. Having stormed into the year selling for $8, the altcoin quickly rallied to $50 for the first time in April 2017. It then tore above $100 in early May before hitting its first peak, around $380 in mid-June. It would then enter a short correction phase that sent it towards $200 by mid-August, before resuming the rally in October and running towards $1400 by mid-January 2018.
This rally was followed by a volatile crash and prolonged crypto winter that saw the ETH token lose 95% of its peak prices and sell for $80 by December 2018.
It only started gaining value again in the last quarter of 2020 and in the 12 months to November 2021, ETH token prices appreciated by close to 1100%. They rose from around $450 to its current all-time high of $4890.
Today, however, the crypto coin has shed close to 60% of this peak price and is currently trading around $1500 level.
Ethereum (ETH) Price Prediction
Moving forward, practically everyone - from crypto analysts to regular investors - is confident that many crypto to explode in value and Ethereum token price will rebound and resume the uptrend. They are banking on in-network developments and innovations on the Ethereum network, a growing investor interest, the coin’s resilience, and a recovering crypto market to help it escape the current dip.
The majority of crypto price forecasters have expressed optimism about Ethereum’s ability to resume its uptrend before the end of the year 2023.
For instance, a panel of 36 crypto industry experts and financial industry insiders were recently polled by Finder - a financial comparison website. They all agreed that Ethereum will most likely resume an uptrend before the end of the year. On average they expect the altcoin to break above its current high and reach $5800 by the end of the year.
Their optimism is shared by multiple technical analysts. Their analysis of the coin indicates that the altcoin will most likely rebound and aim for a new all-time high within the next 5 years. Analysis by the Wallet Investor, for instance, indicates that ETH could grow by close to 600% and reach $11,780 by this time in 2027. An even more optimistic analysis by Gov. Capital expects it to break above $18,000 within the same period.
Don't Miss: Ethereum (ETH) Price Prediction
How to Choose an Online Exchange to Buy Ethereum
In order to buy Ethereum, you must first sign up with a reputable broker or an exchange. By signing up with a broker, like eToro, you can buy Ethereum in a direct manner.
Should you decide to go with a third-party exchange as mentioned above, you are able to convert Ethereum from another crypto-asset such as Bitcoin or Ripple.
Having said that, we must advise that using a licensed broker is the most stress-free option. The rules and regulations that go hand in hand with a license offer Ethereum investors safety from scammers in the space.
Not only that but buying Ethereum via a broker is a much easier and more cost-efficient way to invest in the digital coin.
We’ve listed below some other important things to consider before you select a platform.
As noted above, it is highly recommended you only sign up with a regulated broker. This way, you know that your hard-earned cash is in the hands of a trustworthy company.
Ultimately, it goes without saying that there are heaps of sharks in the crypto investing space. Crypto wallet hacking is not unheard of either. So the best thing to do is prioritize safety when choosing a broker to buy Ethereum.
Third-party exchanges are usually unregulated spaces. Granted, you may be able to apply leverage but you are putting your capital at risk. Whereas by electing to sign up with a broker like eToro - you at least have regulatory protection.
For example, the platform holds licenses with ASIC (Australia), the FCA (UK), and CySEC (Cyprus). Under this regulation, eToro is legally obliged to hold your funds in a separate tier-1 bank account of its own.
It must also follow strict anti-financial crime procedures like KYC. (Know Your Customer). eToro is also registered with FINRA - which is crucial for those looking to buy Ethereum in the US.
When it comes to payment methods, it has to be said that buying Ethereum was far from easy in the early days. In order to purchase crypto coins, you had to sign up to a potentially untrustworthy exchange, and could only use a bank wire transfer to deposit.
There have been many horror stories of yesteryear, with investors having to wait weeks at a time to see the funds hit their account - if ever.
In stark contrast to this, these days you can deposit near enough instantly as some Ethereum brokers accept debit and credit cards, as well as the super convenient e-wallets (think Paypal, Skrill, Neteller).
We must point out that although many platforms accept bank wire transfers - this is the slowest method of depositing. This can take anything from 2 to 7 working days to hit your account.
Fees and Commissions
Make no mistake about it, buying Ethereum via an online broker comes with fees. This is perfectly normal with financial service providers. When it comes to the amount expected, this varies by quite a lot.
That said, the lion’s share of Ethereum brokers charge clients variable fees. Coinbase, a well-known cryptocurrency platform, charges just short of 1.5% for each and every position.
To clarify, this means you would be charged 1.5% of your stake to buy Ethereum. You must again pay the same fee percentage, relevant to the value of the investment, upon selling.
- Put simply, if you place a $1,000 buy order on Ethereum, you would need to pay a $15 fee (1.5% of $1,000) at Coinbase.
- When it comes to selling your Ethereum coins, if at the time they were worth $1,500 - your fee would be $22.50.
- In our hypothetical scenario, that’s $37.50 in commission for entering and exiting the Ethereum market.
Coinbase also charges almost 4% for funding your account with a debit card. This might not sound like a lot, but considering if you deposited $1,000 you would be charged $39.99 - these fees can soon add up.
On the contrary, social trading platform eToro is a low-cost Ethereum broker, charging 0% commission in the same scenario as above. When it comes to depositing fees - if you don’t pay in US dollars, you pay a small 0.5% for them to exchange it for you - that’s it.
Other Important Factors
As well as the aforementioned factors like fees, regulation, and depositing methods - you will see below a list of other considerations when choosing a platform to buy Ethereum.
- User-friendliness: When searching for a broker to buy Ethereum, you need a platform that is beginner-friendly and super easy to navigate. The ideal online broker will make finding your chosen asset and placing an order a smooth and stress-free experience.
- Minimum Investment: Before signing up to a brokerage platform to buy Ethereum, make sure the minimum investment required isn’t beyond your means. For beginners, and people unaccustomed to such a speculative and volatile market - it’s advised to stick to low investments to start with. Our guide found that eToro allows you to buy Ethereum for as little as $10!
- Storage: We are going to talk about storage further down this page. However, let us just say that whilst online broker eToro will look after and store your Ethereum for you - some might require you to store your own coins. This means withdrawing them to your private crypto wallet. We wouldn’t advise the latter if you are new to Ethereum.
Come up With an Ethereum Investment Plan
Prior to actually buying Ethereum via your crypto platform of choice - it is important to first come up with an investment plan!
Having a clear idea of your own goals, based on realistic expectations, is the best way to start. Because of this, we’ve created a list of key considerations you might want to use before you buy Ethereum.
Long-Term or Short-Term
Do you fancy yourself as a long-term or short-term Ethereum investor?
Long-term investors tend to keep positions open for anywhere from 6 to 12 months - some as long as years or even decades. This is commonly referred to as a ‘buy and hold’ strategy,
On the contrary, short-term Ethereum investors instead look to make gains from short-term price fluctuations.
Ethereum, much like Bitcoin, can be highly volatile. The value of Ethereum, in particular, has been known to shift by more than 10% in a single day.
This volatility can lead to some great gains, if the right decisions are made, at the right time. Equally, it can be disastrous if the price of Ethereum moves against you.
Target Ethereum Price
Having a target Ethereum price is entirely optional, however, it is a strategy used by many experienced crypto-asset investors.
For instance, if you bought Ethereum at $2,000 on an initial stake of $5,000 - to double your investment to $10,000 you will need the digital currency to hit a price of $4,000.
At one point in 2015 - Ethereum was priced at $0.42. 8 years later, the price was $2,432. That illustrates an outstanding growth spurt in such a short period of time.
Consider Regular Investments
It can be a daunting prospect, the thought of trying to correctly time the digital currency market. The main reason is that things can change drastically on a second-by-second basis.
People have been buying and selling stocks for over 200 years, whereas Ethereum has been active for just five. Don’t let this scare you off, as every tradable asset started somewhere.
Due to the unpredictability of currencies, it’s advisable to invest bite-sized amounts into Ethereum, regularly. This is because you would likely find that opting for a gung-ho approach to this volatile market would be disastrous for your investing budget.
Subsequently, the best option is probably to buy Ethereum via a low-cost broker like eToro. As we touched on earlier, the platform enables you to buy Ethereum for a minimum of just $10 on each purchase.
As you can imagine, this makes it easier to buy Ethereum, little and often - for example on a monthly basis. By making a purchase on a regular basis, you can take advantage of ‘dollar-cost-averaging’. In a nutshell, this enables you to buy Ethereum at a different price each time - averaging out the volatile ups and downs of the market.
Have you considered buying Ethereum?
Ways To Buy Ethereum Today
There has been a mushrooming of crypto exchanges and other platforms that allow you to buy Ethereum. These have created multiple ways through which one can invest in Ethereum.
In this section, we look at the three most common ways to buying Ethereum today.
How to Buy Ethereum (ETH) With Credit Card and Debit Card
One of the easiest ways to buy Ethereum is via a debit card. Transactions are often immediate, and the majority of trading platforms will allow you to have your investment proceeds sent to the same card when it comes to cashing out.
By virtue of being one of the most accessible payment options, credit cards and debit cards have been widely adopted by Ethereum trading platforms. They have, in effect, become one of the easiest and most common ways of buying Ethereum in 2023.
The upside to buying ETH with cards is most crypto trading platforms don’t charge you a deposit processing fee. The deposits are also instantaneous and reflect in your trader account within minutes.
How to Buy Ethereum (ETH) With PayPal
When it comes to buying Ethereum in the online space, another option is PayPal. E-wallets are fast becoming one of the most popular payment methods.
Electronic wallets like PayPal usually allow for instant transactions and an extra layer of security. The only regulated broker that we know of that allows you to buy Ethereum with Paypal is eToro. It also supports Skrill and Neteller.
You can also buy Ethereum via PayPal. There are two ways to achieve this. First, you can buy Ethereum with PayPal directly from the PayPal website or mobile app. This buy method is, however, only available to residents of select countries, especially the UK and the US.
In jurisdictions where PayPal doesn’t support buying ETH via their platforms, you have the option of registering a crypto trader account with an exchange that supports PayPal deposits - like eToro.
As is the case with cards, most crypto exchanges won't charge a PayPal deposit processing fee. Additionally, PayPal deposits are instantaneous and reflect in your user account in minutes.
How to Buy Ethereum Bank Account
You could also choose to buy Ethereum with the most accessible payment option globally - bank transfer. Virtually all the most popular crypto exchanges, including the 3 we have discussed above, support bank deposits and do not charge a processing fee. They also have relatively high deposit limits for bank transfers.
The only downside to buying Ethereum with the bank is that transfers take long before reflecting in your trading account. At eToro, for instance, bank deposits may take between 3 and 8 business days before reflecting on your user account.
Best Ethereum (ETH) Wallet
Virtually all the popular crypto wallets support Ethereum - by virtue of it being one of the most popular crypto-assets. The Ethereum official website even provides users with a list of 50 Ethereum wallets.
The majority of these are online wallets that store the private keys for your purchased ETH tokens in the cloud. But as always, we advise you to buy a premium hardware wallet that stores your coins offline - away from such common crypto investing threats like hacking.
How To Buy Ethereum Right Now - Tutorial
There goes everything you need to know about buying Ethereum. We have touched on top exchanges to buy Ethereum and some of the reasons why you may consider investing in ETH.
Ready to start buying ETH? Follow this step by step guide:
Step 1: Create a crypto account
Open the official eToro website and use the ‘Join Now’ button to begin the onboarding process. Complete the user registration form that pops up. It will ask for such personal details as your name, email, phone and physical address. It will also ask about your trading experience and source of income.
Step 2: Verify your identity
Complete the registration by verifying your identity. Furnish the multi-regulated crypto exchange with a copy of your government-issued identification document like I.D, driving license, or passport.
Step 3: Deposit funds
Log in to your approved eToro crypto trader account and press the ‘Deposit’ button on the user dashboard. A deposit tab indicating all the supported payment options will pop up. Choose one and follow the prompts to complete the cash transfer.
Step 4: Search for Ethereum
Still on the user dashboard, hit the ‘Discover’ tab and select “Crypto” from the list of supported asset classes. The exchange will provide you with a list of supported cryptocurrencies - tap on Ethereum.
Step 5: Buy Ethereum
By hitting the buy icon, a trading window will pop up. Customize the trade by indicating the number of ETH tokens you wish to purchase or the amount of cash you wish to spend on the trade.
Note: The purchased ETH tokens will be deposited into the exchange-provided wallet. You, however, are free to move them to the eToro mobile wallet app from whence you can transfer them to a third party wallet or exchange.
Step 6: Storing Your Ethereum
Ethereum is not a tangible currency, such as the banknotes and coins we are used to. Instead, digital currencies are stored on a blockchain which is essentially a decentralized ledger.
With this in mind, Ethereum is kept in a digital crypto-wallet, which can be downloaded to your mobile phone or to your home computer. Many experienced crypto investors opt to take full control of their Ethereum by putting all of their digital coins into a private wallet.
This can be quite complex, ergo, newbies are better off purchasing Ethereum via a regulated and well-respected online brokerage firm. By leaving your crypto coins with a platform such as eToro, you don’t need to worry about transferring the coins to a decentralized crypto wallet.
How To Sell Ethereum
As we have mentioned throughout our How to Buy Ethereum Guide, the aim is to correctly predict the price movement of this digital currency. Moreover, at some point, it is highly likely that you will want to cash out.
It is simple. Login to eToro or the crypto exchange where you purchased the Ethereum tokens. Assuming you had already moved them off the exchange and into an offline hardware wallet, transfer these private keys back to the exchange.
Open a sell order. If you want to sell the tokens immediately - at the prevailing market rates, choose to open a market order. If you want to set a unique price for your ETH holdings, open a limit order and set the selling price for the ETH tokens.
Where To Buy Ethereum - The Verdict
In this How to Buy Ethereum Guide, we have covered a plethora of different factors to consider when making a purchase online. Hands down, the most popular, convenient, and cost-efficient way to buy Ethereum is by using a regulated broker.
For instance, by electing to sign up to a platform like eToro, you will be protected by the regulation of three different jurisdictions. Best of all you can buy Ethereum on a commission-free basis, and fund your account with various payment types.
The whole Ethereum buying process outlined above took less than 5 minutes. Create an account, Verify your Mobile phone number, Add a payment method, buy Ethereum and Check your Ethereum digital wallet.
Buying Ethereum, the second most valuable crypto asset doesn't have to be complicated. You only need to create a trader account with a reputable crypto exchange, deposit funds herein, and start buying ETH.
And to help you get started with buying ETH, we have provided you with a step-by-step guide on how to buy your first ETH token on eToro. Follow this guide and begin your journey to crypto buy.
eToro – The Best Place To Buy Ethereum
Open an account with eToro, deposit some funds with USD, and finally – buy ETH from just $10.
FAQs Buying Ethereum
How to buy Ethereum today?
Find a reputable crypto trading platform - we recommend eToro - and create a trader account here. Verify your identity and proceed to deposit funds into this account then buy Ethereum.
What Are The Safest Sites To Buy Ethereum (ETH)?
The safest sites to buy Ethereum adhere to compliance practices such as Knowing Your Customer and Anti-Money Laundering. Once an exchange requests you to go through extensive identity verification, you are on the right platform. eToro, Binance, and Coinbase are safe sites to buy Ether.
What is the best way to buy Ethereum?
There are many cheap ways to buy Ether but we would recommend buying your Ether tokens from eToro. You will get free deposits as well as a 0% commission on most of your trades.
What is the safest way to buy Ethereum?
Buying Ethereum can be daunting. However, the safest way to buy this digital-asset is via a regulated broker. Reputable bodies responsible for this regulation include the SEC (US), ASIC (Australia), and the FCA (UK). Look out for a license number on the brokerage website.
How to buy Ethereum via PayPal?
eToro is one of the best places to buy Ethereum with PayPal. You can use PayPal to buy Ethereum today.
Is Ethereum a good investment?
Generally, Ethereum can be a very smart and lucrative investment. Ethereum has a lot of potential to grow in the future, so the odds are that Ethereum is a good buy. Actually, Ethereum is one of the most preferred cryptocurrencies to invest in as there are high expectations for adoption.
Is It Safe To buy and hold Ethereum?
As with every cryptocurrency, investing in Ethereum entails risk. Whether this risk will be profitable is never certain due to the sudden changes that can occur in the market. Overall, ETH has a lot of potential to increase in price in the long run, making the investment safer if investors are patient enough.
Should you consider Buying Ethereum?
Ethereum is an asset that is worth considering for your portfolio according to several experts. Before you decide, you must understand that all investments come down to risk and reward. Analyst Skerdian Meta at FX Leaders believes Ether could reach the best possible price of at least $20,000 in 2024. Therefore, buying ETH could see you with at least 600% returns in the short and long term.