Step-by-step guide to buying Ethereum online
Buying Ethereum may seem complex at first, but by following these detailed steps, you can do it easily and securely.
- Choosing the platform: Select an exchange platform that meets your needs in terms of security, accessibility and fees.
- Creating an account: Go to the chosen exchange website and create an account by providing your email address and creating a secure password.
- Identity verification: Complete the KYC (Know Your Customer) process by submitting the required documents such as your ID, proof of residence, etc. This step is crucial for security and regulatory compliance.
- Deposit funds: Once your account has been verified, choose your preferred deposit method to transfer funds to your exchange account.
- Buying Ethereum:
- Access the "Markets" or "Buy/Sell" section of the platform.
- Select Ethereum (ETH) from the list of available crypto-currencies.
- Enter the amount in ETH you wish to buy or the amount in fiat currency you wish to spend.
- Review the transaction details, including any applicable fees.
- Confirm your purchase.
- Secure storage: After purchasing Ethereum online, transfer your ETH from the exchange platform to a secure wallet, preferably a hardware wallet or a software wallet with advanced security features.
Buy Ethereum online!Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
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How do I choose a platform to buy Ethereum online?
Investing in Ethereum means choosing a reliable exchange platform that is suited to your needs. Here are some specific criteria to consider when selecting a platform before buying Ethereum online, as well as an overview of some reputable platforms.
- Support for Ethereum and ERC-20 tokens: Check that the platform supports not only Ethereum but also a wide range of ERC-20 tokens, which account for a significant proportion of projects developed on the Ethereum blockchain.
- Transaction fees: Compare transaction fees, which can vary considerably between platforms. Some exchanges offer discounts on fees if you use their own token or have a high trading volume.
- Security: Check the security measures put in place by the platform, such as two-factor authentication, cold storage, and insurance against crypto-currency losses.
- Ease of use: The platform should be intuitive and easy to use, especially if you're a beginner. A good user interface and responsive customer support are essential.
- Deposit and withdrawal options: Finally, also check that the platform accepts a variety of payment methods, such as bank transfers, credit cards, and perhaps even PayPal, to make your transactions easier.
Overview of reputable platforms specialising in Ethereum
Platform |
Minimum deposit |
ETH transaction fees |
Advantages |
Disadvantages |
Coinbase
|
1 €
|
0.15% of transaction amount (minimum €0.25) |
Easy-to-use platform, ideal for beginners |
Higher transaction fees than other platforms |
Binance
|
15 €
|
0.0005 ETH per transaction |
Most popular platform, wide choice of cryptocurrencies, low trading fees |
Difficult for beginners to learn |
Kraken
|
1 €
|
0.002 ETH per transaction |
Platform renowned for its security and reliability, simple and intuitive interface |
Offers fewer cryptocurrencies than Binance |
eToro
|
100$
|
0.005 ETH per transaction |
Easy-to-use platform with social trading features |
Offers a limited number of crypto currencies |
- Ethereum on Coinbase: Coinbase is particularly user-friendly for beginners and offers an excellent user interface. It supports Ethereum and many ERC-20 tokens. The platform is also renowned for its high level of security and offers a variety of payment methods, making it easy to buy Ethereum.
- Ethereum on Binance: Binance is ideal for users looking for a platform with low transaction fees and a wide variety of crypto-currencies, including Ethereum and many ERC-20 tokens. Binance also offers advanced trading options for more experienced users.
- Ethereum on Kraken : Kraken is known for its strong security and commitment to regulatory compliance. It is a reliable option for buying and trading Ethereum, offering high liquidity and good support for traders of all levels.
- Ethereum on eToro: eToro stands out for its social trading features, allowing users to copy trades from experienced traders, which is ideal for those who are new to crypto currency trading.
Buy Ethereum online!Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Take 2 mins to learn more
Why invest in Ethereum?
What is the technological potential of Ethereum?
Ethereum is often seen as a major innovation in the cryptocurrency world, mainly due to its ability to run smart contracts. These contracts are autonomous programs that execute exactly as intended without the possibility of downtime, censorship, fraud or third-party interference. This functionality opens up a wide range of possible applications, from electronic voting systems to medical registries, copyright management systems and automated financial services.
In addition to smart contracts, the Ethereum platform enables the creation of decentralised applications (DApps). These applications are not controlled by a single entity and operate on a P2P blockchain network. The impact of this technology is already visible in areas such as decentralised finance (DeFi), where Ethereum facilitates financial transactions without traditional intermediaries, offering greater transparency, efficiency and access to financial services.
Historic growth and market forecasts for ETH
Since its launch in 2015, Ethereum has experienced significant growth, not only in terms of monetary value but also in adoption and technological development. Its currency, Ether, has seen its price rise exponentially, reflecting growing interest in its unique capabilities. Analysts remain largely optimistic about Ethereum's future, especially with the imminent arrival of Ethereum 2.0, which aims to significantly improve its scalability, security and sustainability by moving from a Proof of Work consensus mechanism to a Proof of Stake mechanism.
These planned advances reinforce Ethereum's market growth forecasts, with many experts suggesting that demand for its applications will continue to grow.