Ways of Buying Ethereum

Ethereum can be purchased with ease at any of the Ethereum exchanges. Upon the purchase of an Ether for a specified currency (EUR, GBP, USD etc), there is an option to store funds itself to exchange or into a safe wallet of your own. For a small quantity of purchased Ethereum, people may want to store their ethers for the purpose of easy utilization. It is always recommended that the funds should be transferred to secured wallet if there is an intention to buy larger amount of Ethereum. Ethereum can be purchased by any of the following three ways.

• Purchase of Ethereum through cash, wire transfer or credit card

The most convenient way of buying Ethereum is going through one of the renowned Ethereum exchanges. There is an important difference between actual exchange platform and the platforms that just give you an idea on the price.

Platforms likes of eToro don’t enable you to get a direct access to your funds, so you are unable to send your coins to people while using such platforms. You can only sell or buy Ethereum for a certain currency (Euros, Pounds, Dollars, etc,) by using this method only if you are not a resident of US.

• Purchase of Ethereum by Coinbase

One of the most affordable and easiest forms of purchasing Ethereum can be Coinbase, but you can only get benefits from this if its availability is in your country.

The process of buying Ethereum through Coinbase is as follows:

1. Firstly, open an account that is based on Coinbase.
2. Secondly, please add a mode of payment whether it is Bank Account or Credit Card.
3. At Third, Click at Buy/Sell and then select an amount of Ethereum you want.
4. Lastly, Click at Buy Ethereum.

• Purchase of through LocalEthereum with the use of cash

LocalEthereum is a platform that connects people and individuals are able to sell and buy Ethereum among themselves. Its concept is similar to LocalBitcoins. It’s true that this platform has a high rate of flexibility and variety, but at the same time, the risk is high too. You have to make it sure that a person is legit before you do any kind of dealing with him.

There are also many other ways of to buy Ethereum apart from the above mentioned three methods. There are also many websites that provide information about Ethereum like Crypto Head. You can go to any Ethereum related website and can get information about Ethereum or can buy or sell Ethereum as per your wish.