How To Invest In Ethereum – Comprehensive Guide

Last Updated April 26th 2023
17 Min Read

Looking at Ethereum’s stellar past and hugely promising future, the question is no longer whether ETH is worth buying, it's what is the best place to invest in Ethereum today?

Ethereum is also one of the most traded virtual assets. It is also highly accessible and - like all other cryptocurrencies - experiences massive price fluctuations that make it ideal for short-term investors/traders.

In this guide, we explain how to invest in Ethereum in 2023 with a regulated broker. We also explore the best place to invest in Ethereum in terms of low fees, accepted payment types, supported coins, and understand the reasons and the risks of Ethereum investment. We will even provide you with a step-by-step breakdown of how to invest in ETH at one of the top exchanges.

How To Invest In Ethereum – Quick Guide

Here’s a quick overview of how to invest in Ethereum today, through the a fully regulated broker eToro:

  • Step 1: Open an eToro Account – Start by registering a crypto trader account on the platform. It takes less than 10 minutes and the exchange only asks for basic personal information and identity verification.
  • Step 2: Deposit Funds – Deposit funds into the just created eToro crypto trading account. The minimum you can deposit is $10 and you have access to a diverse range of payment options depending on your country of residence.  
  • Step3: Invest in Ethereum – On the list of supported cryptocurrencies on eToro, choose to buy Ethereum. Indicate the number of ETH tokens you wish to purchase and click on the ‘Open Trade’ button to complete the purchase.

That’s it! By following these easy steps, you can invest in Ethereum in less than 5 minutes.


buy ethereum

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Where To Invest In Ethereum 

We have already mentioned that Ethereum is the second most popular and one of the most traded cryptocurrencies. With such a great choice of crypto trading platforms, we understand that finding the best place to invest in Ethereum can be quite overwhelming.

To help you kick-start your Ethereum investing journey, we will introduce you to what we consider the three best Ethereum trading platforms in the market today.

1. eToro  - Overall Best Place to Invest In Ethereum 

eToro is a multi-asset and multi-platform crypto exchange. It also ranks highest on our list of top exchanges to invest in Ethereum. We feature it here primarily because of its ease of use and appeal to virtually all types of Ethereum investors, from experts to beginners and even casual traders.

To achieve this, eToro operates a sophisticated crypto trading platform. It is easily navigable and integrates a comprehensive range of educational content that appeals to beginner traders. Not forgetting that it has one of the most straightforward client onboarding processes and maintains rather competitive deposit/trading minimums.

Best Place to invest in Ethereum

The eToro trading platform then integrates a host of premium trading, market research, and risk management tools that appeal to expert investors. These traders also get to benefit from ultra-fast order execution speeds, deep liquidity, and highly competitive trading fees.

You too may want to add eToro to your list of top exchanges to invest in Ethereum because it integrates social- and copy-trading tools. Social trading makes it possible for both beginner and expert traders to interact, share, and learn from each other. Copy-trading, on the other hand, lets expert traders earn passively when beginners copy their trade settings It also ensures that novice traders earn by copying trades of expert investors even as they learn how to trade.

When investing in Ethereum on eToro, you will only pay a fixed fee of 1% of the trade volume. The exchange doesn’t charge deposit processing fees. The only other due you might have to pay is a variable rollover fee that only applies if you trade ETH CFDs and leave the trade open overnight.

eToro will also provide its platform users with access to Ethereum wallets. First, you have the option of using the exchange-provided custodial wallet - which stores as much as 90% of the client’s digital assets in offline vaults. Alternatively, you can assume custody of your Ethereum private keys when you use the free non-custodial eToro mobile wallet app.

buy ethereum

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

2. - Best Place to Invest in Ethereum for High Instant Deposits

A host of equally attractive features helps make it to our list of top exchanges to invest in Ethereum. Key among them is its support for a diverse range of payment options that you can use to instantaneously deposit up to $50,000 daily. The daily maximum deposit limit is higher than on most exchanges. And like most crypto exchanges, doesn’t charge a deposit processing fee.

Invest in Ethereum also makes it here because of its deep liquidity - seeing that it constantly features among the 10 most liquid exchanges in the world. Additionally, it lists a wide range of cryptocurrencies, which translate to a healthy selection of ETH trading pairs. Not forgetting that the exchange maintains highly competitive and discounted ETH trading fees.

When you invest in Ethereum via, you will only pay a fixed maker/taker fee of between 0.4% and 0.1% - based on your 30-day trade volume on the platform. And if you had staked  5000 CRO (Cronos) tokens on the platform, you qualify for a 10% discount on this fee. 

We also consider one of the best places to invest in Ethereum today because it gives you access to alternative investing programs. It lets you earn passive incomes on your invested Ethereum in the form of interest - up to 14.56% P.A. - when you stake ETH on the Staking program.

You could also spend your staked ETH without actually withdrawing the tokens when you use the Lending platform. This lends up to 50% of the staked ETH tokens at competitive interest rates and with flexible repayment plans - up to 12 monthly installments.

buy ethereum

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 Invest in Ethereum for Low Trading Fees

Binance is the most liquid crypto exchange in the world. It is also one of the most popular and one of the most accessible crypto trading platforms - available to crypto investors in virtually all the crypto-friendly countries and territories across the world. But these aren’t the only reasons why Binance makes it to our list of top exchanges to invest in Ethereum. We also feature it here because it maintains the most competitive crypto trading fees.

Invest in ethereum via an exchange

When investing in Ethereum via Binance, you will only have to deal with the fixed maker/taker fee. These range from 0.1% and 0.04% - based on your aggregated 30-day trading volume on the exchange. But if you hold BNB coins and chose to settle the transaction fee with these tokens, you qualify for a 25% discount. This brings the cost of buying Ethereum on Binance to between 0.75% and 0.03%.

Binance also makes it here because it operates a user-friendly trading interface, appealing to both expert and novice traders. It features a quick and straightforward client registration process. The trading platform’s user interface is also easily navigable and makes it possible for anyone to buy Ethereum instantly. Most recently, it integrated the peer-to-peer crypto trading platform.

The exchange also boasts of maintaining some of the fastest order execution speeds. It also integrates a diverse range of Ethereum trading, analysis, and risk management tools. These, plus the deep liquidity and competitive fees make Binance appealing to expert investors - especially day traders and scalpers.

We also feature Binance among the best places to invest in Ethereum because of the many investing programs integrated into the platform. These include the Binance Earn, Binance Staking, and Binance Saving programs. They all let you earn passively when you lock the purchased ETH tokens therein. The interest rate is highly variable and based on such factors as the number of ETH tokens locked, preferred staking program, and lock-up period.

You may also include Binance on your list of top exchanges to invest in Ethereum because of its commitment to the safety of investor funds. The trading platform gives its clients access to an ultra-secure exchange-based wallet that stores as much as 95% of their digital assets in offline vaults.

The coins held by the exchange are then covered by the largest crypto-focused insurance fund - SAFU - that is currently worth $1 Billion. And if you want custody of your ETH private keys, Binance presents you with an equally secure non-custodial mobile wallet app - the Trust wallet.

buy ethereum

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

What Is Ethereum (ETH)?

Ethereum is a highly decentralized and open-sourced blockchain technology. It pioneered and popularized the smart contract functionality and is in turn the largest smart contract blockchain technology in the world.

Its creation process began with the publishing of the Ethereum Whitepaper by an expert programmer Vitalik Buterin in 20123. He brought in seven other crypto developers to form the 8-member co-founding team for the project. They started working on the project in June 2014 and took the Ethereum mainnet live in July 2015.

Ethereum was aimed at solving the inherent challenges facing the Bitcoin blockchain. It was created to provide more than just a store of value and digital assets. It was designed to provide the world with a platform where everyone could create and deploy decentralized apps, programs, and smart contracts.

What is ETH

The first version of the Ethereum mainnet was referred to as the “Frontier.” Since then, Ethereum has been subjected to 12 protocol upgrades - all aimed at solving different glitches and improving the blockchain’s efficiency. The most notable are the Ice Age in September 2015, DAO Fork in July 2016, Byzantium in 2017, Constantinople and Istanbul upgrades in 2019, Muir Glacier in 2020, and the most recent Berlin and London forks in April and August 2021, respectively.

Today, Ethereum is the home of the largest collection of Decentralized Finance (DeFi) programs, Decentralized Apps (dApps), and smart contract protocols. It is also home to the largest collection of cryptocurrencies (especially ERC-20-based tokens and meme coins), NFTs, Web3 projects, and the Metaverse.

Moving forward, Ethereum is looking to further improve its efficiency. Its developers are currently working on the transition to Ethereum 2.0 which will be marked by the network’s shift from proof-of-work to a proof-of-stake consensus algorithm. The transition - commonly referred to as the Merge - is expected to take place in the coming months.

Ether - simply ETH - are the native cryptocurrencies for the Ethereum blockchain network.

Is Ethereum A Good Investment?

The majority of crypto investors and analysts agree that Ethereum a has promising future ahead and that it isn’t too late to invest in the altcoin. But even with the crypto community-wide optimism, there are few risks to Ethereum investing that you need to consider buying ETH.

Is Ethereum A good Investment

To help you arrive at the decision of whether to invest in Ethereum or not, we bring to your attention the benefits and risks of buying ETH right now. Weight them carefully and only invest in the smart contract platform if you are confident the pros far outweigh the cons.

Reasons to Invest in Ethereum Today

Reasons to Invest in Ethereum

Promising future performance

From meme coins to NFTs and the metaverse, we expect Ethereum to continue serving as the home to innovations in the crypto industry and they will continue fueling the ETH token’s value gain.

Proven resilience

Ethereum has survived massively volatile market crashes and retained its lead position in the crypto industry. It has proved its resilience and ability to rebound quickly, making it a great addition to any long-term investing portfolio.

Growing use cases

ETH is currently the dominant crypto in the DeFi world, it is also used as a medium of exchange and as a store of value. Its use cases increase with the launch of every new project on the platform, this ups its demand, effectively fueling its value gain.

Perfect store of value

Ethereum token prices have never dropped below the ICO price and with every rally, they score a new all-time high. This makes ETH a perfect store of value.

Game-changing in-network developments

Ethereum network upgrades, especially the merge, are all expected to have a significant impact in catalyzing value gain for the altcoin.

There are many other reasons why you might decide to invest in Ethereum. 

This includes the following:

5-Year Returns are Through the Roof

When Ethereum was first launched in 2015 and eventually hit the online exchanges - you would have paid in the region of $2.60. Fast forward just two years later and the digital currency reached all-time highs of almost $1,400. 

This means that in just over two years of trading, earlier Ethereum investors saw returns of over 53,000%. This means that had you invested in Ethereum at a stake of $1,000 - your money would have been worth over half a million dollars. 

With that said, the price of Ethereum tailed off for a couple of years - reaching lows of sub-$100 in 2019. However, the digital currency is back flying again - going from 2020 lows of $117 to highs of $600. This means that in 2020 alone Ethereum investors saw returns of over 400%. 

In comparison, other than the odd tech stock like Tesla, traditional investors have had a hard time. Owed largely to the coronavirus pandemic, the main index funds are only just about getting back to pre-COVID levels. 

Ethereum can be Fractionated

Although Ethereum breached $600 in late 2020 - this isn’t to say that you need to invest this much to gain exposure to the market. On the contrary, Ethereum - like all other cryptocurrencies, can be fractionated into smaller quantities.

After all, cryptocurrencies are digital - so it makes sense that you can break coins down to smaller, more affordable amounts. With that being said, the minimum amount that you can invest will largely depend on the broker you decide to use to invest in Ethereum. 

If, however, you want to start off with small amounts, we would suggest eToro. This is because the regulated broker allows you to invest in Ethereum from just $25. Not only is this an inconsequential amount, but it allows you to diversify into other cryptocurrencies/assets with ease. 

Ethereum Smart Contracts Could Play a Major Role in the Future of Commerce

Although somewhat difficult to understand to the untrained eye, smart contracts are not as complex as they sound. In its most basic form, smart contracts allow two or more parties to enter into a trustless agreement. 

This is because they are backed and governed by cryptographic code. In simple terms, the terms of the agreement are clearly stated within the respective smart contract and it cannot be amended or manipulated once deployed. 

A simple, but effective example of how a smart contract might work in practice is listed below. 

  • Let’s say that a farmer purchases an insurance premium via a smart contract
  • This is with the view of protecting the farmer’s crops in the event of unfavourable weather conditions
  • The smart contract contains all the required conditions of the agreement - so it’s transparent to all parties involved
  • One such condition is that if there is no rain for 10 consecutive days in the farm’s respective location, the insurance premium pays out
  • The smart contract can determine this autonomously by using thousands of third-party weather sites to verify whether or not it has rained and for how long
  • Should the condition of the smart contract be triggered, the farmer executed a payment

The reason we have explained the above example is to highlight that Ethereum’s smart contract technology could one day be in high demand. If it is, smart contracts require Ethereum tokens to function - which in turn, will increase demand, and thus - its value will increase. 

Ethereum 2.0

Ethereum 2.0 is another major reason to consider investing in Ethereum. The new project is a hugely important stage of the project’s journey. It upgrades and improves a lot of specifications that the blockchain currently possesses. Through several rollout phases, Ethereum 2.0 is expected to be fully operating within the next year or two.

Nevertheless, Ethereum 2.0 will be able to take the cryptocurrency from a maximum capacity of just 15/16 transactions per second (T/ps) to a whopping 100,000 T/ps.

When you combine this with an average transaction speed of 15 seconds, this makes Ethereum highly conducive for cross-border transactions. This is especially the case when you consider the minute costs associated with an Ethereum transaction. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Risks to Investing in Ethereum

High gas fees

Ethereum experiences regular network congestions that push up the transaction costs to unsustainable levels. For instance, during the mint of ApeCoin’s Otherside NFT, gas fees on Ethereum rose as high as $4000.

Stiff competition

Ethereum faces stiff competition from the likes of Cardano, Solana, and Avalanche that not only post faster transaction processing speeds but also have highly competitive trading fees.

Over-dependence on Bitcoin

ETH token prices are overly dependent on Bitcoin’s performance. They rally when BTC gains and crash when BTC dips.

How Does The Invest In Ethereum Process Work?

The best thing about investing in Ethereum is that the process itself does not differ from a traditional stock purchase. In other words, you will be investing in Ethereum because you think the value of the cryptocurrency will increase

If and when it does, you will be able to sell your Ethereum investment for more than you originally paid. For example, you might invest in Ethereum when the digital currency is worth $600 - and cash out when the price hits $900. 

Invest In Ethereum Process

As such, this is no different from buying Tesla stocks at $400 and selling them at $500 - you make a profit when the value of Ethereum goes up!

Nevertheless, let’s look at a really basic example of how to invest in Ethereum online and make a profit.

  • You open an account with an online broker that sells Ethereum
  • You deposit $1,000 and invest the full amount into Ethereum
  • At the time of the purchase, Ethereum is worth $300
  • You hold on to the coins for three years
  • When you get around to cashing out, Ethereum is worth $1,200
  • This translates into a price increase of 300%

As per the example above, you originally invested $500 into Bitcoin and made returns of 233%. This means that in total, you turned $500 into $1,665. 

As the above example highlights, you initially invested $1,000 into Ethereum. When you did, the digital currency was worth just $300.

But, as you sold your Ethereum holdings at a price of $1,200 - you made a juicy profit of 300%. This means that on a stake of $1,000 - you were able to withdraw $4,000!

Ways To Invest In Ethereum

Different crypto trading platforms have introduced different ways of buying digital assets. If you want to look at the methods availed by your preferred crypto exchange, look at the supported crypto payment options.

Let us go through the most popular ways of investing in Ethereum globally.

How To Buy Ethereum With Credit Card And Debit Card

The majority of crypto trading platforms, including the three we have discussed in this post, will let you buy Ethereum with credit cards and debit cards. After all, cards are one of the most accessible and the most convenient online payment options.

The upside to buying ETH with cards is that cash transfers are instantaneous and most crypto trading platforms won’t charge you a deposit processing fee. They also maintain a relatively high deposit maximum - up to $40,000 on eToro.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

How To Buy Ethereum With PayPal

You can also buy Ethereum with PayPal. And there are two ways of going about it. First, you could choose to buy Ethereum directly from PayPal’s website or on the PayPal mobile app. However, only residents of select countries - primarily the UK and US - can buy ETH on the PayPal website at the moment.

Invest in Ethereum with PayPal

Alternatively, you can choose to buy Ethereum with PayPal indirectly via a crypto trading platform that supports PayPal deposits - such as eToro. The upside to buying ETH with PayPal is that the transaction is instantaneous. Additionally, most crypto exchanges, including eToro, do not charge a processing fee for PayPal deposits.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

How To Buy Ethereum Via Bank Account

Virtually all the most popular crypto trading platforms will let you buy Ethereum with Bank deposits. It is the most accessible payment option and has been adopted by virtually all crypto exchanges, including the three that we have discussed above. The benefit of buying ETH with bank transfers is that most exchanges do not maintain maximum deposit limits for bank wire transfers. They also do not charge deposit-processing fees.

The downsides, on the other hand, include the fact that exchanges maintain relatively higher minimum initial deposits. Additionally, you will have to wait between 3 and 8 business days before the bank deposits reflect in the crypto trading account.  

How To Invest In Ethereum - Various Options Available

If you’re wondering what the easiest, safest, and most-effective way to invest in Ethereum - that’s through a regulated online broker. But, it is also possible to invest in Ethereum via a cryptocurrency ATM. 

Let’s explore how this works. 

Ethereum ATMs

According to CoinATMRadar, there are over 12,500 cryptocurrency ATMs globally. This allows you to purchase cryptocurrency by inserting cash into the machine. 

Of this figure, there are thousands of cryptocurrency ATMs that support Ethereum investments. This might suit those of you that want to buy the digital currency with local money. 

Here’s how the Ethereum investment works when using a cryptocurrency ATM:

  • You visit your nearest cryptocurrency ATM
  • You get the process started by selecting Ethereum as your preferred coin
  • You enter the amount that you wish to invest in your local currency
  • For example, if you’re in the US and want to invest $200 into Ethereum, simply state this amount
  • The cryptocurrency ATM will then show you what fees are involved and how much Ethereum you will get
  • For example, if the ATM charges 10%, you’ll be left with $180 worth of Ethereum at the current ETH/USD exchange rate
  • You insert the cash into the ATM
  • The ATM prints your receipt - which contains the Ethereum wallet details that you need to claim the coins

Now, on the one hand, you might be led into thinking that a cryptocurrency ATM is a really convenient way of investing in Ethereum. However, if you’re based outside of a major city in the US, Canada, or Europe - you might struggle to find a machine close to your location. 

Furthermore - and perhaps most importantly, cryptocurrency ATMs are very, very expensive when it comes to fees. As per the example above - where we stated a fee of 10% - this isn’t unusual. In fact, some cryptocurrency ATMs selling Ethereum are known to choose as much as 20%. 

We should also note that you need to go through the trouble of downloading a digital wallet to claim your Ethereum coins. While this might be suitable for those of you that understand how wallets and private keys work - it won’t if you are a complete beginner. 

This is why we strongly believe that the easiest way to invest in Ethereum is to use a regulated online broker.

Ethereum Broker

If you want to safely and conveniently invest in stocks - you use a broker. This is also the case with other asset classes like bonds, mutual funds, and ETFs. As such, it makes perfect sense that you should use an online broker to invest in Ethereum. 

For example, you’ll be able to deposit funds with an everyday payment method like a debit/credit card or bank account. Some brokers even accept e-wallets like Paypal and Skrill. Online brokers are, of course, required to hold the required license to accept facilitated investments. This is no different from online brokers offering legitimate cryptocurrency services. 

You will also find that the fees charged by Ethereum brokers are significantly lower than other channels - especially the previously discussed cryptocurrency ATMs. In fact - and as we cover shortly, there are platforms like eToro that allow you to invest in Ethereum commission-free. 

Taking the above into account, the section below will explore the many things that you need to look out for when choosing an online broker to invest in Ethereum. 

How To Choose A Platform To Invest In Ethereum

As great as online cryptocurrency brokers are, there are simply too many providers active in the space. This makes it challenging to know which platform to sign up with. 

The most important metrics to consider are listed below:

Licensing and Reputation

As we mentioned above, one of the main reasons that you buy traditional stocks from a regulated broker is that you know you are protected from rogue providers. This is no different when you invest in Ethereum online. 

After all, you wouldn’t invest your hard-earned money into a broker that operated without a license, would you? Of course not. 

As such, you should stick with cryptocurrency brokers that are regulated by at least one reputable body. This is why eToro ticks the right boxes - as the broker holds licensed with the FCA, CySEC, and ASIC. 

If you’re based in the US, you’ll be pleased to know that eToro is also registered with FINRA. As such, by using eToro to invest in Ethereum, you’ll benefit from segregated bank accounts - which ensures that your money is kept separate from that of eToro’s working capital. 

You can also rest assured that crime is kept away from the platform - as all eToro users must upload a copy of their government-issued ID. 

Minimum Ethereum Investment and Payments

Make no mistake about it - Ethereum is a highly speculative financial asset. Sure, the cryptocurrency returned gains of over 400% in 2020. But, Ethereum has also returned annual losses in excess of 80%. 

As such, it’s always best to start off with small, but regular amounts. In doing so, you can deploy a ‘dollar-cost-averaging’ strategy. Now, for you to be able to do this, you need to choose a cryptocurrency broker that supports low investment amounts. 

eToro, for example, allows you to invest in Ethereum from just $25. As it requires a minimum deposit of $200 - this means that you can allocate $25 per week for 8 weeks in a row.  

Equally as important, you also need to check what payment methods your chosen Ethereum broker supports. In our view, you’ll want to choose a platform that allows you to make an instant deposit with a debit/credit card. 

Platforms like eToro also support e-wallets like Paypal, Skrill, and Neteller. If, however, you choose a broker that only supports bank transfers - it’s going to take a few days for the transaction to clear. 

Storage and Cashing Out

As we noted earlier, Ethereum - like all cryptocurrencies, needs to be stored in a digital wallet. This is where newbie investors are often intimidated, as cryptocurrency wallets can appear somewhat complex at first glance. 

For example, you need to have a basic understanding of public addresses and private keys. You also need to be comfortable with backup passphrases and ultimately - the ins and outs of keeping your funds safe. 

If this sounds like too much to handle, we would suggest using a regulated cryptocurrency broker that can store your Ethereum for you. eToro is one such example - as the broker uses institutional-grade security practices. 

And of course, by keeping your Ethereum coins at eToro - as opposed to withdrawing them out to a private wallet, you can instantly cash out your investment whenever you see fit. Then, the proceeds will be added to your eToro cash account - ready to be withdrawn. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Tips On How To Invest In Ethereum

Tips On How To Invest In Ethereum

If you’re investing in Ethereum for the very first time - check out the quickfire three tips listed below to ensure you start off on the right foot!

Tip 1: Set Some Financial Goals

Firstly, you should set yourself a target when you invest in Ethereum. For example, if you invest when the digital currency is worth $600 and you want to 10x your money - be ready to cash out if and when Ethereum hits $6,000!

Tip 2: Dollar-Cost Average Your Ethereum Investments

As we briefly noted earlier, you should always use the cost average when you invest in Ethereum. This will average out your cost price and thus - remove the need to worry about short-term volatility. 

A basic example of dollar-cost averaging is buying $100 worth of Ethereum on the same date of each month. 

Tip 3: Diversify Your Ethereum Investment

Like any investment, you should always diversify your Ethereum purchase. For example, eToro offers many leading cryptocurrencies - so why not create a diversified portfolio of coins? In doing so, you’ll reduce the risk of loss should your Ethereum not quite go to plan. 

Best Ethereum Wallet

Given Ethereum’s popularity, a significant portion of the digital wallets that you will ever come across support the altcoin. The official Ethereum website also provides users with 40+ different types of wallet recommendations. Even the top exchanges to invest in Ethereum that we have discussed above provide users with free digital wallets.

Ethereum Wallet

We, however, do not recommend the use of online wallets and we also discourage our readers from leaving the private keys for their coins at an exchange. We recommend that you invest in a reliable hardware wallet that stores your private keys offline - away from hackers and malware.

How To Invest In Ethereum Today - Step-by-Step Walkthrough

Wondering how to invest in Ethereum in the safest and most convenient way possible? By following the steps outlined below, you could buy your first Ethereum coin in just a few minutes!

Step 1: Open an eToro Account

Visit the eToro website and begin the account registration process. You’ll need to enter your name, nationality, home address, date of birth, and contact details. 

Step 2: Upload Some ID

You’ll now be asked to upload a copy of your passport or driver’s license. You’ll also need to provide a document validating your address - like a bank account statement. This is to ensure that eToro remains compliant with the FCA, ASIC, CySEC, and FINRA!.  

Note: If you are not depositing more than $2,250 right now, you can upload the above documents at a later date. 

Step 3: Make a Deposit

You will now need to deposit a minimum of $200. 

Supported eToro payment methods include:

  • Debit Card
  • Credit Card
  • Paypal
  • Skrill
  • Neteller
  • Sofort 
  • Trustly

All of the above payment methods are credited instantly. If you opt for a bank transfer, expect to wait a few days for the funds to arrive. 

Step 4: Search for Ethereum

investin in ethereum

eToro offers thousands of stocks, ETFs, CFDs, and cryptocurrencies. As such, it’s easier just to search for ‘Ethereum’ and click on the result that loads up.  

Step 5: Invest in Ethereum

You will now be presented with an order form. Simply enter the amount that you wish to invest in Ethereum and click on the ‘Open Trade’ button.

Take note, all investments at eToro are denominated in US dollars and the minimum Ethereum purchase is $25.

And that’s it - you’ve just learned how to invest in Ethereum at eToro - commission-free!

How To Sell Ethereum (ETH)

When you get around to cashing your Ethereum investment out - whether that’s in a few days, months, or even years - all you need to do is head over to your portfolio dashboard. 

Then, click on the ‘Sell’ button, enter the amount that you wish to cash out, and confirm the order. Instantly, the funds will be added to your eToro account - which you can withdraw out!

Simply log in to your eToro trading account or the crypto exchange where you bought the altcoins. Open a sell order. If you wish to sell these coins immediately, open a market order and the sale will be executed immediately at the prevailing market price. If you wish to set a custom price for the coins, open a limit order and the altcoins will only be sold if a buyer matches your stipulated selling price.

Conclusion - Where To Invest In Ethereum

Although the vast majority of newbie cryptocurrency investors opt for Bitcoin - the upside potential on Ethereum could be much greater. After all, Ethereum’s underlying technology is arguably a better performer - both in terms of speed and scalability. Additionally, Ethereum possesses Smart Contract technology - which is something that Bitcoin is lacking. 

Investing in Ethereum was never meant to be complicated. In this post, we have taught you how to invest in the second most valuable cryptocurrency and everything you need to know before buying ETH in 2023.

We have discussed the three top exchanges to invest in Ethereum today and highlighted some of the key factors that help them stand out. We have also outlined the reasons why you should consider investing in Ethereum and the ETH investing risks that you should familiarize yourself with.

More importantly, we have provided you with a step-by-step guide on how to invest in Ethereum on eToro - one of the best places to invest in Ethereum. 

With that in mind, if you want to invest in Ethereum right now - the process takes just 10 minutes at eToro. All you need to do is open an account, deposit some funds, and invest at least $10 in Ethereum. By opting for this multi-regulated broker - you’ll be investing commission-free, too! 

eToro – Best Place To Invest In Ethereum

trade crypto on etoro

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

FAQs Investing In Ethereum

Where to invest in Ethereum?

Through our detailed research and experience, we’ve found the best place to buy Ethereum today is eToro. The popular crypto exchange is fully regulated in the US, UK, EU and Australia and does't charge high trading fees, making it the ideal platforms for investing in Ethereum or any other crypto assets.

Is Ethereum worth buying today?

Yes, Ethereum is worth considering because it has a massively promising future. Both its fundamental and technical analysis indicates that its price will most likely keep rising in the future, which makes it worth buying - especially at the current dip.

How much should I invest in Ethereum?

There is no hard and fast rule as to how much you should invest in Ethereum. The most important thing is that you never invest more than you can afford to lose. After all, Ethereum - like all cryptocurrencies, is a highly speculative financial asset.    

How do I start investing in Ethereum?

All you need to do is open an account with eToro, make a deposit of at least $200 with your debit/credit card or e-wallet, and invest at least $25 into Ethereum. The end-to-end process should take you less than 10 minutes.     

Can I invest $100 in Ethereum?

Yes, you can invest as little as you like - as long as you meet the minimum stipulated by your chosen broker. At eToro, that’s just $25.