Ethereum

What is Ethereum?

Ethereum is a Cryptocurrency and a Blockchain platform which boasts the most prominent smart contract functionality on the market. Invented in 2013, this is a decentralized platform for developers to build apps on.

 

How Does Ethereum Work?

Ethereum can be used to codify, decentralize, secure and trade a variety of things: voting, domain names, financial exchanges, crowd funding, company governance, contracts and agreements of intellectual property.

 

How Can You Buy Ethereum?

 

Buy Ethereum through Coinbase

The most convenient and cheapest way to buy Ethereum would be Coinbase (depending on availability):

  1. Open a Coinbase account
  2. Add your payment method (Credit card or bank account)
  3. Go to “Buy/Sell” and select a quantity
  4. Click “Buy Ethereum”

Coinbase will sell you ETH for a fee of 1.49%-3.99% depending on your payment method (credit cards have a higher fee than wire transfers).

Go to Coinbase

 

Buy Ethereum through Cex.io

CEX.io is a Bitcoin exchange that also sells Ethereum via a credit card. The fees on CEX.io are already calculated into the exchange rate, which explains the higher fee. For example, the exchange rate for 1 ETH on CEX.io can be around 7% higher than on Coinbase. CEX.io works with countries worldwide.

  1. Open a CEX.io account
  2. Add your payment method (Credit card or bank account)
  3. Go to “Buy/Sell” and select Ethereum
  4. Choose the quantity of Ethereum you want to buy
  5. Click on “buy Ethereum”

Go to Cex.io

 

Buy Ethereum through Coinmama

Coinmama is a global vendor of Ethereum. The site allows you to buy Ethereum with your credit card and exchange rates are relatively fair considering the alternatives. Coinmama is a very reputable exchange that has been working in the cryptospace since 2014.

Go to Coinmama

 

Buy Ethereum through Cryptopia

Go to Cryptopia