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If you don’t have a CoinGate account yet, you can sign up here. Cex.io is a cryptocurrency exchange that allows you to buy Ether with a credit card. If you use the company’s brokerage service the fees will already be calculated into the exchange rate, that’s why it will seem higher than other exchanges. If you want to get better rates, try using the site’s trading platform . Founded back in 2013, CEX.io is one of the older crypto exchanges in the industry to date offering support for Ether. The London-based exchange is registered with FINCEN and allows for deposits via credit card, wire transfer, SEPA transfer and an ACH transfer .

https://www.beaxy.com/ transactions also provide an instant solution to get you into the cryptocurrency game immediately – no waiting for funds to settle. The cheapest way to purchase ether is by using a bank account. Log into your CoinGate account and navigate to the “Buy & Sell” tab on the menu.

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Also, you can sell your coins at an ATM for fiat or convert your holding into fiat using various platforms and spend the money as you like. Ethereum is a slightly different proposition to Bitcoin, as the blockchain houses many different business ventures and ideas. This means that the de facto cryptocurrency of the Ethereum network is used for far more than just payments between individuals and companies. You’ll need a minimum of $10 to fund your eToro account.

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This allows you to buy Ethereum in a matter of seconds. Use of virtual currencies can pose substantial risk.

What Payment Methods Can I Use to Buy Ethereum?

Although Ether has had impressive returns in the past, it’s also had some significant crashes, sometimes in astonishingly short amounts of time. Notably, it went from a high of almost $4,000 per coin in May 2021 to less than $1,800 in June 2021. If you had bought in at its high, you’d be sitting with half that value just a month later. If you experience any issues with your purchase, please contact Simplex at They’ll be able to best assist you. There you would need to enter your billing address along with your personal details to complete the purchase.

The exchange offers support for a handful of fiat currencies including USD, EUR, GBP, and RUB. We have a more detailed step-by-step process above. Deposit fees vary with currency and payment method but are usually within affordable limits. The highest charges we found were 1.80% for credit card transfers and $15 for US SWIFT transfers.

Is Ethereum a Good Investment?

Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. It’s possible to buy coffee, shop online using ETH, and pay for services using the coin, for example, pay a freelancer for any services with ETH.

Coinbase fees are relatively high as they range from 1.49% on wire transfers to upwards of 3.99% on debit card purchases. With that said, experienced users looking to minimize fees through Coinbase can do so via Coinbase Pro where fees are substantially lower. Now that you bought your crypto, you can store it in your personal crypto wallet or simply hold it in your Binance account. You can also trade for other crypto or stake it on Binance Earn for passive income. If you would like to trade your Ethereum to a decentralized exchange you may want to check Trust Wallet which supports millions of assets and blockchains. Like in any other investment, securing your Ethereum must be a priority.

Founded in 2011, Bitstamp is one of the oldest and most reputable buy eth bank account exchanges in the industry to date. Initially starting as a Bitcoin-only exchange, Bitstamp has since gone on to provide Ethereum and several other cryptocurrencies. In terms of fiat currencies, the exchange supports EUR and USD deposits with SEPA transfers available for European users as well as traditional wire transfers for anyone else. Bitstamp supports all 28 countries in the European Union along with Australia, Singapore, Hong Kong, and dozens of other countries. US residents also can leverage Bitstamp’s services via their subsidiary Bitstamp USA. At CEX.IO, you can buy Ethereum with bank transfer, credit or debit card, and e-wallets.

https://www.beaxy.com/exchange/btc-usd/

If you don’t see the buy eth bank account account option, please use a different method. Instead of using a trusted third party to safeguard funds in the transaction, they use code. The seller’s ETH will only be transferred when payment is guaranteed.

Buy ETH with cash using Ethereum ATM

Swapzone provides a XLM single view on which you can compare exchanges by rates, user reviews and delivery time. Ethereum is a DIY blockchain platform with smart contract functionality. It’s a platform for developers that was invented by Vitalik Buterin in 2013 to build decentralized apps.

How do I add money to my ETH wallet?

Method 1: Deposit from an Exchange

For most people, it's best to find the most reputable crypto exchange, like Coinbase or Binance, which will offer a way to buy crypto with cash. Use the wallet address you copied to send crypto from your exchange.

In fact, you’ve probably used this company’s technology in the past few days, even if you’ve never had an account or even heard of the company before. Ethereum is currently in the process of a major upgrade to a new system to make it more scalable, more sustainable, and more secure. One part of the upgrade is to change the way it validates transactions.

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