Are you considering buying Ethereum (ETH)? Follow our guide to discover the best places to buy ETH online, including the best crypto exchanges and payment methods.
Quick Summary
When you buy Ethereum online, you should purchase it when the price of Ethereum is low, and by using a secure payment method. Also, use a trusted cryptocurrency exchange to avoid ETH scams.
Best Way to Buy Ethereum
Centralized exchanges, such as Coinbase or eToro, tend to be the best places for buying cryptocurrencies since they are secure and accept most major payment methods.
How to Buy Ethereum
Our step-by-step guide explains how to purchase Ether safely:
Before Buying
Typically, you will need to provide some form of ID, proof of address, or other verification before you can trade ETH.
1. Select an Exchange
The best exchange differs based on your needs. For example, eToro is best for international trading. You can find our full guide to the best crypto exchanges here.
2. Connect Payment Method
You’ll need to connect a payment method to purchase. The platform accepts the following payment methods:
PayPal
Some exchanges accept PayPal. Just know that it sometimes incurs higher fees than other payment methods (such as bank transfer) so is less suited to smaller transactions.
Credit Card
A credit card is an accepted payment for buying Ether on most exchanges and some wallets as well.
Debit Card
Many exchanges also accept debit cards.
Instant Transactions
Verification takes time, but some platforms have an instant purchasing option for an additional fee.
3. Order ETH
If you’re looking to order ETH for a long-term investment, you should:
- Use a payment method that suits larger orders, such as by bank transfer
- Purchase when the ETH price is relatively low
4. Store ETH
You can store Ether on the exchange, but it’s not always secure. The best place to store ETH is in an Ethereum wallet.
Where to Buy Ethereum
For the best place to buy Ether in 2022, check out our full guide to cryptocurrency exchanges.
Summary
Your priorities when buying Ether should always be:
- Security
- Finding an exchange with reasonable fees
- Purchasing when the Ethereum price is low
We highly recommend consulting our guide to the best ETH exchanges before trading.
Buy Ethereum FAQ
How do I buy Ethereum?
The easiest way to buy ethereum is by using a crypto exchange. You can acquire Ether using various payment methods, including:
– Paypal
– Credit card
– Debit card
– Bank transfer
Should I buy ETH?
This depends on the current Ethereum value. However, it can be a valuable investment as the price of Ether often rises sharply.
Where can I buy Ether?
You can purchase on a cryptocurrency exchange or P2P if you have a crypto wallet.
Where should I buy ETH?
The best place to acquire Ether is usually on a trusted crypto exchange.
Why should I buy ETH?
While Bitcoin is the most dominant and more stable, Ethereum has applications beyond digital currency. With its extensive developer community, Ether value may soar.
