Ethereum has become one of the most popular and commercialized Cryptocurrencies currently available on the market. Ethereum differs from Bitcoin in that it can operate not only as a currency, but also as an enabler of smart contracts, allowing the Ethereum platform to be used to build applications across a wide range of services and industries. But the question is that many ask: how to buy Ethereum?
The currency increased by around 4000% in 2017. ETH has become the biggest player in the blockchain, it's a currency you might want to buy.
Previously, the ease of access to the Cryptocurrency market was hampered by the lack of ease of use and the difficulty of exchanging traditional currencies for Cryptocurrencies, as most exchanges only accepted the purchase of Cryptocurrencies using other Cryptocurrencies or by electronic transfers. Currently you can buy cryptocurrencies as easily as any other online purchase.
While all of the exchanges discussed below offer you the opportunity to purchase Ethereum using credit/debit cards, there are several differences between them, which should be carefully considered before making your choice:
Fees are the main concern of customers and the main source of income for exchange platforms. Some exchanges identify fees payable separately from the transaction, while others include the cost of purchase. You should do some research to find out how your rates are calculated to ensure you don't get an unpleasant surprise.
Also check your debit and credit card fees. If you are paying per transaction, the fees may not be very high if you are doing a series of regular transactions. Some exchanges may offer services that allow you to withdraw directly to your debit or credit card, but there is often a charge for this type of transaction.
If you're reading this guide, chances are you're already familiar with cryptocurrencies and how they work in general. With that in mind, you probably know that when you want to quickly exchange one cryptocurrency for another (ie Bitcoin for Ethereum, XRP for other cryptocurrencies, etc.), you have to rely on what is called a Cryptocurrency exchange platform.
Generally, these platforms belong to large companies that specialize in cryptocurrency exchange services for certain fees. In return, they offer security, anonymity and other benefits.
You can be assured that your exchange will be easy and anonymous while the company receives a certain amount of fees – simple and effective, right?
Well, as cryptocurrencies have grown in popularity over the years, so does the demand for good and reputable trading platforms. The more of these platforms emerge, the greater the competition for public attention – but companies have to adapt to the ever-changing market. Some platforms are successful, others fail and go out of business.
Changelly has already managed to gather some attention around it, the vast majority of cryptocurrency communities already know about this platform.
For being one of the main platforms of cryptocurrencies people use naturally, it has many eyes on it. People ask themselves “Is Changelly safe? Is Changelly a Scam” and look to Changelly's ratings to help them decide.
Changelly is a very popular cryptocurrency exchange platform, some go so far as to claim to be the most popular cryptocurrency exchange platform in the world. It's a non-custodial exchange - this means you don't have liquidity and no, it requires any deposits. This makes Changelly one of the safest choices you can make when trading.
The company was created by a cryptocurrency mining team – MinerGate. Now, however, Changelly and MinerGate are two separate companies.
The company started gaining market share in 2016 as an independent cryptocurrency exchange platform. Since then, it has conquered more than 2 million users and currently has a very safe performance, when it comes to errors, fraud or hackers. If you are looking for a secure platform to trade Ethereum, Changelly is a good option.
A Platform Coinmama operates in over 200 countries around the world, in addition to its wide availability, one of the attractive features that Coinmama offers customers is the opportunity to purchase up to $150 from Ethereum without having to verify your identity. However, to purchase more values, you will need to confirm your identity using a photo ID.
Unlike Coinbase, Coinmama does not provide an online wallet, so you will need to have created an Ethereum wallet that the purse can send your Ethereum to after purchase.
The platform does not require you to register your credit/debit card to purchase Ethereum. You must create the order by choosing how much you want to buy, entering your wallet address and filling in the card details.
The checkout page (making sure your credit card address matches your account address). After completing the payment, the transaction will be processed by the credit card processor (which can take up to 20 minutes) before being transferred to the Ethereum wallet.
The exchanges listed above offer a reputable and reliable service for purchasing Ethereum. choose the best platform for you it can come down to choosing the best rates where you are located, or it can simply be a matter of your personal preference based on the ease of use of the website, or app.