How to Buy Ethereum Stock

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Are you interested in investing in Ethereum? Are you convinced that adding the cryptocurrency to your portfolio is worth it? Looking at the crypto-world, Ethereum is the third largest cryptocurrency. It has also attracted interests from different investors globally. How to buy Ethereum stock is currently one of the hottest topics on crypto on the internet. So this post will provide the answer interested Ethereum buyers seek

Ethereum: via; pexels.com

What is Ethereum and Ether?

Ethereum is a cryptocurrency invented in 2013 by Vitalik Butein. Ether refers to the unit of cryptocurrency used in the Ethereum blockchain.  And like Bitcoin, it can also be mined and traded. When we use the term “Ether” the Ethereum currency is what we are referring to.

How to buy Ethereum Stock (cash, wire transfer and credit card)

You can purchase Ether (Ethereum) from any of the Ethereum exchanges below.

  • Coinbase
  • Cex.io
  • Coinmama
  • Coinhouse
  • Bitfinex
  • Local Ethereum

Buying Ethereum through Coinbase

Many investors believe that the Coinbase platform is more convenient and cheaper to buy Ethereum. The fee at which they sell ranges from 1.49 – 3.99% with the variation based on your payment method. For instance, buyers using credit cards will incur higher fee compared to someone using wire transfer.  Also, check if your country is available or permitted to use the platform before proceeding to buy.

  • Visit; https://www.coinbase.com/
  • Open an account
  • Add preferred payment method
  • Select the amount you wish to buy from the icon (buy/sell)
  • Click on “Buy Ethereum” to proceed.

Buying Ethereum through Cex.io

Unlike Coinbase, Cex.io is available to all countries. You don’t need to check for availability before registering or buying. The only thing that makes Coinbase more superior is the fee. 1 ETH can be as high as 7% on Ceox.io compared to what it is on Coinbase. Account opening in Cex.io platform is the same as that of Coinbase.

  • Visit; https://cex.io/
  • Add preferred payment method
  • Navigate to “buy/sell then choose “Ethereum”
  • Select the amount you would like to buy
  • Click “Buy Ethereum” to proceed

Fact about buying Ethereum from exchanges

The process is similar in all the exchanges. Below is a rundown of what you are going to encounter.

  • Visit the exchange you are interested in
  • Register a new account
  • Complete the KYC/Identification process
  • Choose your preferred deposit method
  • Deposit funds (US dollars, Euros, Pounds, etc)
  • Use funds deposited to buy Ether

Ethereum is growing in popularity every day. And whether or not the growth will continue is a question we all will find answers to as time goes on. But you can open an account today by following the simple steps mentioned above to be part of those that are or will smile to the bank.

 

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