Last Updated on October 16, 2021 by TARUN CHAUHAN
There are many ways for Ethereum Purchase or to earn it. After Bitcoin, Ethereum is most valuable altcoin. Ethereum also work on the Blockchain technology for the secure transaction.
The topic we will cover in this article :
- Ethereum Info
- Smart Contact
- Ethereum Miner
- Ethereum Purchase
- Ethereum Purchase from Exchanges
- Ethereum Purchase with PayPal
- Ethereum Purchase with Skrill , Neteller,Payza
- Ethereum Purchase with Bank Transfer (SEPA ,SWIFT)
- Ethereum Purchase via Local Bitcoin Exchange
- Wallet Use by Ethereum.
Ethereum Info :
Ethereum was created by 19-year-old Vitalik Buterin in 2015. It is also a decentralized currency like Bitcoin and works on blockchain technology.
But here is the kicker the use of the same blockchain technology separates Ethereum from Bitcoin.
Ethereum Smart Contract
So let us understand the term “smart contracts”.
While Bitcoin’s blockchain technology records, stores and replicates transaction data on many computers around the world.
Showing how digital money moved from one place to another.
The Ethereum blockchain technology has expanded this concept one step further and also runs computer code equivalently on many computers around the world which are phrased as smart contracts.
So in simple and common words smart contract is a term used to describe the computer code that facilitates the exchange of money, contract, property, or any asset which have value.
As these small contracts run on the blockchain and strictly run (executes) as programmed.
It neglects any possibility of fraud, interference, third-party control, or downtime.
In the Ethereum blockchain, miners work to earn ‘Ether’ a crypto token that fuels the network.
Ether crypto token is rewarded to miners for their work.
Which is the same transaction fee that we pay during sending or receiving the Ethereum coin.
At the time of writing this article, Ethereum’s price was $3484 with a dip of 3%in last 24 hours., 1 United States Dollar equals to 0.00029 Ether
1 Indian Rupee equals0.0000039 Ether and 1 Ether equals2,58,797.05 Indian Rupee.
Ethereum Price Prediction
ETH could be preparing for a 25% climb toward $4,610. Ethereum price prediction is based upon Ethereum Price history, we need to check the price of the last 1 year for correct prediction.
How and where to buy Ethereum
There are numerous ways to buy Ethereum.
Below I have listed every single way to buy Ethereum in any part of the world with prominent payment methods.
Buy Ethereum with credit & debit card
There are multiple Ethereum exchanges that allow buying Ethereum with Credit & debit cards directly. A few of the best Exchange are:
1. Coinbase Exchange
One of the trusted and renowned Cryptocurrency exchanges to buy coins with Credit & debit cards directly (especially for US users). Coinbase exchange currently supports 31 Cryptocurrencies and 18 more comings soon.
It charges a 3.99% fee with a Visa and Mastercard.
You can buy 1000$ worth of Bitcoins just by setting up your account.
- If you don’t find Ethereum at Coinbase Exchange. Then First buy Bitcoin here
- Then transfer Bitcoin to Binance Exchange.
- Later Exchange Ethereum with Bitcoin at Binance Exchange
2. Cex.io Cryptocurrency Broker
Cex.io exchange is also a renowned exchange to buy coins with credit & debit cards directly.
Cex.io Exchange charges 7% buying fee if you buy using their brokerage service.
Otherwise, Cex.io Exchange only charge 2.9% Fee with Visa and MasterCard
Cex.io supports 26 cryptocurrencies
3. Changelly instant cryptocurrency exchange
Best Instant cryptocurrency exchange for Ethereum purchase with a credit & debit card instantly. Changelly supports more than 200 coins. Changelly charges a 5% fee.
You can buy Ethereum directly without submitting your personal information. Just attach your Credit or debit card and receive coins instantly to your wallet
Changelly supports more than 150 cryptocurrencies. You can read the review to learn in detail
4. Binance Exchange
Binance has recently started a service for Ethereum purchases with credit & debit cards via simplex. Binance is a leading cryptocurrency trading platform in the industry. The exchange supports more than 1300 cryptocurrencies and thousands of trading pairs.
Although there is no KYC required for trading at Binance but to buy Ethereum with a credit card you have to provide your personal information.
The same is true for the fee. There is a low trading fee on the Exchange.
But to buy Ethereum with a credit & debit card you have to pay a 5% to 10% fee of the total buying amount.
5. LocalBitcoins Exchange
Local Bitcoins is the world’s best P2P (peer to peer) exchange.
If You are unable to find Ethereum in any of the above exchanges. Then you can buy Ethereum at LocalBitcoins Exchange indirectly.
LocalBitcoins Exchange allows buying bitcoin with every payment method possible, using any Fiat currency, and in any part of the world.
On top of this, You don’t need to provide any personal information to buy bitcoin from the exchange.
Local bitcoins charge a 1% transaction fee with both seller and buyer.
You can buy Ethereum indirectly at LocalBitcoins Exchange in Approximately 30 minutes
STEP -1. First Buy Bitcoin with debit or credit card at LocalBitcoins Exchange.
Buy Ethereum with PayPal directly
PayPal directly allows buying and selling Bitcoin, Ethereum, Bitcoin Cash, and Litecoin from their platform directly.
Receive $10 sign up bonus on your first purchase – Buy Ethereum with PayPal.
Buy Ethereum with Skrill, Neteller, Payza
Note: – Cex.io is the best Exchange that accepts Skrill as the payment method. If you are unable to find your coin listed at Cex.io Exchange.
Then you can buy Ethereum indirectly with Payza, Neteller, Skrill at LocalBitcoins Exchange
First, buy Bitcoin with Payza, Neteller or Skrill at Localbitcoins exchange.
Then transfer Bitcoin to Binance Exchange. Then trade Ethereum with Bitcoin.
Buy Ethereum with Bank transfer (SEPA, SWIFT)
Note: If You are unable to find Ethereum at Coinbase or Cex.io Then Buy it Indirectly at LocalBitcoins Exchange.
LocalBitcoins exchange can always be used to buy Ethereum with every possible payment method (like Gift cards or cash) in any part of the world (indirectly).
- First Buy Bitcoins at Localbitcoins Exchange with your preferred payment method.
- Then transfer Bitcoin to Binance Exchange
- Then Exchange Bitcoin with Ethereum.
- At last withdraw Ethereum to the supported wallet
If you don’t find Ethereum at Binance Exchange or Changelly Exchange
Then you can check the above Ethereum exchanges section. There you can find the Exchanges the Ethereum is currently trading
Later transfer your bought bitcoins to any of the Ethereum Exchange and convert them to
Paxful Exchange is an alternative to LocalBitcoins Exchange. But Localbitcoins has a relatively large customer base. Hence, you can find better rates here.