How to buy Ethereum?
Ethereum BlockChain was introduced in July 2015. Ethereum comes after Bitcoin in cryptocurrency market capitalisation and its popularity is greatly due to its smart contracts development facility that helps eliminating third-parties and frauds. Since its launch at a price of less than a dollar, it has climbed up a steep price trend and multiplied its value manifolds. To make the most of your cryptocurrency investment, you can buy Ethereum and trade in Ethers on a Crypto Exchange.
Here are steps to buy Ethereum-
- Open an Exchange Account– You can choose one of the many popular exchanges like Bitstamp, Coinbase, Bitfinex, finex etc. to set up your free crypto trading account. Choice of Exchange mainly depends upon the availability of service at your location, transaction charges and ease of processes.
- Complete your KYC– Most of the Exchanges go for KYC these days, so be prepared in advance with identity documents.
- Linking your funding source– You can link Bank Account, Credit or Debit Card to transfer the amount to your Exchange account. Wire transfers or online wallets like PayPal can also be used for transferring the funds.
- Buy ETH (Ethereum) on Exchange– Transferring the funds to your exchange may take time of 1-3 days depending on the Exchange. Once the funds are available on your Exchange account, you can go for purchasing Ethereum at the market rate or set up a price trigger to initiate your purchase.