Buy Ethereum

6 min read

How to buy Ethereum

To buy Ethereum we need to do it in a few steps that are very simple.

The first thing we must do is have a digital wallet which we can find on different platforms that provide us with this service in which we can save our cryptocurrencies. 

Even though there are many virtual wallets out there and some that do not have the ability to save Ethereum, so we must Check well if the virtual wallet we choose has the ability to save Ethereum among the virtual wallets there are different types which are divided between web-based wallet, software wallets and hardware wallets.

Web-based wallets: they are wallets that, as their name says, are based on a website where you can access online, some of these wallets are linked to cryptocurrency trading platforms and have discounts in the fees they charge you per transaction, like others they do not have any kind of attachment to them and do not have this ability.

Software wallets: these are the wallets that you download on your tablet computer or mobile phone, they are more secure compared to web-based wallets.

Hardware wallets: this is the best option since it is the safest of all, they are small electronic devices very similar to a USB, the only way to access them is by connecting it to your pc and accessing your wallet.

This is the best way to store your cryptocurrencies while keeping this device close to you.

The next thing you have to do is get a platform in which they sell and trade cryptocurrencies, here it will only be to complete the steps of the platform so that they sell you cryptocurrencies and they consign them to you in the type of portfolio of your choice

Buy Ethereum with PayPal

paypal stands out for being a fast and widespread payment system. However, in order to buy Ethereum you can only do it on some cryptocurrency trading platforms. At the moment we only find 3 known platforms that have this active payment method

etoro

This is the first of the 3 methods to buy Ethereum with PayPal, since in its beginnings it did not have this payment method, its rapid growth and improvisation has made it become one of the most popular trading services.

Even though etoro still does not have an extensive catalog of cryptocurrencies, Ethereum is one of the currencies that you can find in your inventory and you can buy it through PayPal

LocalBitcoins

This is the second method to buy Ethereum with PayPal, this platform works as an informal exchange. It depends on who you trade with, this person may be willing to accept your payment through PayPal directly, they will not sell you Ethereum, but they will sell bitcoins that you can then exchange in another cryptocurrency trading platform for Ethereum

LocalCryptos

This may not be the safest, it is the same as LocalBitcoins since, as in the previous one, you will contact a cryptocurrency merchant who is willing to sell you Ethereum and I accepted the payment by PayPal.

Keep in mind that the risk of fraud on these sites is high compared to formal cryptocurrency exchange sites; looking for well-known or reputable merchants is recommended as the only thing standing between you and a scammer is your wits

fastest way to buy Ethereum

Today it is very easy to buy Ethereum online. There are two main ways to buy Ethereum, either directly using a credit / debit card or with a bank transfer, or you can exchange it for other cryptocurrencies on different platforms that allow cryptocurrency trading. Buying it directly with a fiat currency is the easiest way, but not all platforms have this ability since through the exchange you can lose a part due to the handling fees that the different platforms have

Ethereum can be bought or sold in many markets or on its own page, one of these markets is Bitnovo and to buy it is quite easy and fast.

All you need to do is enter here and select how much you want to buy by entering the amount in euros you want to buy in this cryptocurrency, then select ETH that is found in a large number of other cryptocurrencies that you can also buy on our page and then you click the buy button.

Doing this will take you to another page where you will fill in some data that is to link your wallet where the cryptos will be deposited then you will have to enter your Tag payment, telephone and email.

Followed by this you will have to select the payment method which you can select whether to pay in cryptocurrencies, credit / debit card or with a bank transfer, you have to solve a captcha and press the button to continue and that’s it.

When your transaction is completed, the amount of cryptos you specified will be automatically sent to the wallet that you specified, if there is a problem, the communication channels you provided will be used, which would be your cell phone or email