fbpx

How Can I buy Ethereum?

How Can I buy Ethereum?

Featured Knowledgebase
04/03/2020 by Koinal
978
Ether is the native cryptocurrency of ethereum that enables all the transaction operations within a blockchain. Let's jump to the arising question, which is: how can I buy ethereum?
How Can I buy Ethereum?

Ether is the native cryptocurrency of ethereum that enables all the transaction operations within our Koinal website without the help of a middle man. The question arises: How can I buy ethereum?

Well, there are numerous ways to buy Ether from us, such as cash payment, bank transfer, trade, and credit card. Let’s have a look at these methods through which you can purchase ether cryptocurrency with Koinal.

Once you have obtained an Ethereum wallet, you can use one of the following ways to buy Ether:

Trading:

The simplest of ways to buy Ether is through an exchange. You can find online exchange networks that operate near you and trade in Ether.

The first step for trading in Ether with Bitcoin is to register with an exchange such as the Binance or Okex. After submitting personal information and undergoing some security checks, you will have to choose a deposit method. These include bank wire transfers, debit and credit card payments, and Paypal payment. Choose one that suits you best, and you are good to go!

The majority of the exchanges accept US Dollars and Euros; however, other currencies such as Japanese Yen, Chinese Yuan, and British Pounds are also accepted depending on the particular exchange. With Koinal, you can deposit your funds using a deposit method and a supported currency.

You must check the additional charges for exchanging Bitcoin with Ether through credit or debit cards.

Moreover, buying Ether through a bank wire transfer will save you the surcharge fees, but the transaction will take more longer than buying with a debit or credit card.

Once you buy Bitcoin, now you can exchange them with Ether through your Koinal account. However, you must deposit Ether into an ethereum wallet.

Cash Payment

If you are not willing to go through the hassle of personal and security checks, you can purchase Ether from online peer-to-peer exchanges.

Ethereum ATM

Another way of buying Ether is through an ethereum ATM. It is an effective way to obtain Ether for users, investors, and traders who are intending to purchase small amounts of Ether through our Koinal website.

Limited transactions are possible in ethereum ATMs, so there is no need for full verification of user identity.  The purchased Ether will be sent to the address you will provide to the machine.

Here is a small tip for you! Make sure that you get an ethereum wallet to hold your Ether. There are two types of ethereum wallets: Ethereum Hardware Wallets and Ethereum Software Wallets.

In a nutshell, the Koinal platform will enable you to purchase cryptocurrencies, such as ethereum, by allowing its users to pay by credit card and with their local currency. Interested in buying Ethereum? Jump to our website to begin your journey with Koinal!

Leave a Reply

avatar
  Subscribe  
Notify of
We use cookies to personalize content and ads to make our site easier for you to use. We also share that information with third parties for advertising and analytics. By using this site, you agree to our Privacy Policy