buying eth on one of our trading platform fees comparison sites

Buy Ethereum: a reliable and profitable alternative to Bitcoin trading?

Ethereum (or ETH / ether) is a cryptocurrency that was introduced to the market in 2014. Its 3 founders - Charles Hoskinson, Mihai Alisie and Anthony Di Iorio - offer an altcoin that can stand up to the powerful Bitcoin. ETH is considered to be the second most popular cryptocurrency. Indeed, ethers have many advantages, which make them serious crypto opportunities.

Bitcoin or Ethereum? Which cryptocurrency to buy? Is buying ethereum a profitable investment? What better site to buy Ethereum? Complete guide to get an opinion.

Detailed Guide: How to Buy Ethereum? 

We will explain in this section how to buy ethereum on the eToro broker. This online CFD trading platform is the market leader in underlying assets - forex, indices, stocks, commodities - but also in the purchase, exchange and storage of real crypto currencies. The broker offers an intuitive and easy- to-use interface for placing fast orders in secure transactions. eToro is considered by many to be the best place to buy Ethereum. We will detail the main steps to buy blockchain ethereum in a few minutes.

  • The opening of an eToro trader account;

  • How to make a real money deposit;

  • ETH purchase deed;

  • Storage of cryptocurrency in a dedicated wallet.

Register on eToro

For investors who do not yet know the eToro broker, the registration process is quick and simplified. The new user clicks on Open account and chooses the desired formula: demo account or real money account. He must complete a progressive form, with personal data. Once the account is activated and verified (with the sending of supporting documents), it is then possible to switch to the financial part to make a first capital deposit, of a minimum of $200. Other currencies are authorised - euros for example - by paying exchange fees taken directly during the validation of the transaction.

To make a deposit

As indicated previously, making a deposit allows you to buy ethereum by credit card, Paypal or bank transfer for example. It is the money available in the balance of the trader's account which gives the opportunity to become the owner of ether tokens. The vast majority of payment methods are instant. These include credit card, Paypal and Skrill and Neteller electronic wallets in particular. The bank transfer requires a longer processing time, due to the transfer of funds between the reference bank account and the trading balance.

Buy crypto

There are several reasons why the eToro broker is a great place to buy ethereum. Once connected to his trading space, the investor types in the search bar, in the financial instruments section, the name of the Ethereum or ETH cryptocurrency. He clicks on it and determines the desired volume. Funds deposited into the account by credit card, paypal or other method can be invested directly. The broker also paves the way for more traditional crypto trading by speculating on the price, upward or downward, with CFDs, which are underlying products, which the trader does not own. He seeks profit at the heart of micro variations on reduced temporal values. Ideal strategy for small portfolios (beginner level) and optimised risk management using technical analysis and financial indicators.

Store crypto in a wallet

One last advantage of using eToro as a crypto broker. It is one of the versatile platforms that offer direct management of its portfolio. When buying Ethereum (ETH), Bitcoin (BTC) or Litecoin (LTC), it is not necessary to transfer your crypto currencies to another wallet. eToro offers an integrated solution, which facilitates transactions and exchanges, without limitation. A gain in speed, efficiency and performance. The eToro X wallet is the answer to this problem for all crypto investors. Bitcoin, Dash or ethers each have a reserved storage space.

Best site to buy ethereum?

In this section, we'll figure out where to buy Ethereum on the best possible terms.

Buy ethereum on eToro

The CFD broker ticks all the criteria to make profitable trading. The online platform is stable, reliable and user friendly, via MetaTrader, with very low buy ethereum fees. The social trading network offers novices the chance to duplicate the trades of referring investors, automatically via CopyTrader and CopyPortfolio. The range of assets is extremely wide. It is possible to trade on all the stock exchange markets from a single account, while taking advantage of advanced technical analysis tools for optimised risk management and consolidated profits. eToro did not become the leader by accident. It's strong positioning on the crypto money market, with more than 15 references, has only reinforced its image as a modern broker and adapted to current needs.

ethereum on etoro
buy ethereum on etoro pros and cons

67% of retail investor accounts lose money when trading CFDs with this provider. You have to ask yourself if you can afford to take the high risk of losing your money.

Buy Ethereum on Libertex

Libertex has been an online broker in the market for over 20 years. The platform has more than 2.2 million users in 110 different countries. Libertex offers its users the opportunity to gain exposure to more than 200 assets including stocks, currencies, forex but also to invest in major cryptocurrencies such as bitcoin (BTC), ethereum (ETH),  ripple(XRP) or litecoin (LTC). Investment in cryptos on Libertex is done in the form of CFDs (Contract for differences). These are financial products that allow you to benefit from the variation in the price of an asset without really owning it. It is therefore not possible for a trader to transfer ethers purchased on Libertex to another platform or to an external wallet. In addition, specialised platforms like Coinbase, Binance or FTX allow such a possibility. In the multiplicity of assets, Libertex provides its customers with advanced technical tools to allow a better user experience.

Libertex is regulated and works in accordance with the authorities to ensure the protection of its customers. In our opinion, buying ethers (ETH) or other cryptocurrencies on this platform minimises the risk of getting scammed. 

buying ethereum on libertex

Buy Ethereum on Binance

Let's continue on the question: buy ethereum review on Binance? After a somewhat chaotic start, the Binance platform has established itself as one of the essential alternatives, in the digital currency market. The broker is above all an online exchange platform, where we arrive with our crypto currencies to trade them with others, which interest us more. With Binance, we are still in a logic of buying blockchain ethereum, keeping control of its wallet. The main criticism raised concerns questionable security. It is recommended not to leave your cryptos on exchange platforms, which do not offer a secure virtual vault / wallet. Its ergonomics are more oriented towards an audience of experienced investors, who know what they are looking for. Binance, in a short time, has established itself as a better place to buy ethereum.

buy ethereum on binance
pros and cons of buying ethereum on binance

Should you buy ethereum?

What are the advantages for buying ETH? Cryptocurrency amply deserves its status as a serious competitor to Bitcoin:
 

  • Buying blockchain ethereum means traders benefit from a decentralised platform, thanks to its open source status. This offers the possibility of developing independent applications. The craze is such that the number of ether investors is increasing, which feeds, without suffocating, the blockchain network;

  • The Ethereum system is also based on smart contracts (or Smart Contracts) which make it possible to avoid going through a third party for transactions. A kind of free market but regulated since the 2 parties (buyer and seller) are in prior agreement;

  • Security is at the heart of the ETH system. All transactions in the blockchain network are subject to a strong encryption protocol;

  • The great flexibility of the decentralised platform and the autonomous coding of smart contracts guarantee almost inviolability of transactions. In addition, they cannot be changed once they have entered the blockchain.
     

All of these features put together provide a strong aura of stability and seriousness to ether. It is therefore not surprising that he is considered the challenger to Bitcoin.

A rotating crypto coin for trading platform comparison

Buy Ethereum (ETH) on Capital.com?

Capital.com is a broker specialising in CFDs (contracts for difference). The platform allows you to trade stocks, forex, indices, commodities and cryptocurrencies. The Capital.com broker does everything to guarantee maximum security to its clients. Indeed, the platform is under the authority of several organisations including CySec in Europe and the AMF in France. Its trading platform allows you to trade cryptocurrencies including ethereum (ETH) or bitcoin (BTC). Capital.com is suitable for several trader profiles. Indeed, the user accounts offered on the platform are different depending on the level of experience of each.

As we said above, Capital.com's activity revolves around CFDs. More clearly, the broker's users only benefit from the price difference between when to buy and when to sell an asset. Ethereum is concerned with this reality. Indeed, ethers purchased on Capital.com cannot be transferred to another platform or to an external wallet. Anyway, in our opinion, the platform remains interesting for the purchase of ethers (ETH) with leverage. The fact that it provides users with a wide variety of financial products (+200) is also an additional advantage for portfolio diversification. 

Buy ethereum: for whom? 

Since the launch of the bitcoin blockchain, the crypto sector has evolved a lot. Several new cryptocurrencies have brought diversity to the industry. For example, the creation of the Ethereum blockchain attracted tens of thousands of crypto developers. Indeed, Ethereum makes it possible to develop smart contracts or smart-contract in English. This technological innovation is at the centre of the boom in decentralised finance (DeFi), non-fungible tokens (NFT) and many other tools set to revolutionise several sectors. There is room for everyone at ethereum. There is no shortage of use cases, both for investors (institutional as well as individuals) and for traders, not to mention developers. The success of ethereum has made its token, ETH.

The importance of ethereum (ETH) lies in the reason for its purchase, from simple speculation to the importance of having it to pay the gas costs necessary for the development of decentralised applications. It can also have a purely monetary use, much like bitcoin.

Buy ethereum via paypal, credit card and wire transfer

There are many payment methods to become the proud owner of ETH tokens. It is possible to perform operations to buy ethereum via:

  • Paypal;

  • Visa or Mastercard credit card;

  • The Skrill and Neteller eWallets;

  • The payment of capital from his bank.
     

The options vary depending on the broker chosen. For example, eToro makes it possible to buy ethereum with Paypal or credit card, in a 100% secure and instant manner.

Buy Ethereum Anonymously

There are several options for the more discreet or suspicious users of an increasingly mainstream system. The crypto-exchange is democratising and losing its underground atmosphere. The darknet is surely the best place to buy ethereum anonymously. This remains a very risky option, which requires real knowledge to avoid losing everything.

How to buy Ethereum in cash? Almost non-existent in France, automatic teller machines (or ATM in English) allow (especially in the USA) to buy ethers directly in cash. This leaves no trace of the identity of the buyer.

Finally, although in our opinion this is an unreasonable idea, traders can buy ether directly from a natural person for cash. It requires a lot of trust between the 2 parties. We do not recommend it.

67% of retail investor accounts lose money when trading CFDs with this provider. You have to ask yourself if you can afford to take the high risk of losing your money.

Buying Ethereum: Is It For Me?

Before buying a crypto asset, you must make sure you need it, whether for trading, investment or to supply your purely technical needs. For traders, investing in the stock market requires knowledge of technical or fundamental analysis. This allows them to put in place a better investment strategy. So ask yourself this question: “Why would I need to have ethers (ETH) in my wallet? 

The answer is simple: if you are an application developer on the Ethereum blockchain, you necessarily need ethers (ETH) to deploy your projects. Do you have more of an investor profile? Again, buying ETH tokens could be a good deal. Indeed, keeping Ethers to yourself also means betting on the growth and success of your protocol. Those who did it from the start have nothing to be ashamed of in terms of financial performance so far, why not you? Indeed, with the boom of NFTs, even artists, gamers and many other profiles have embarked on cryptocurrencies, more particularly in the Ethereum ecosystem. If your business is in sectors, you may need to stock up on Ethereum (ETH) tokens.

Does everyone have to buy Ethereum?

Bitcoin comes to mind more quickly when it comes to digital currencies. Still, there are thousands of cryptos on the market, each with its uses and dark sides of course. Ethereum is currently the first cryptocurrency to rival bitcoin in terms of market capitalisation. Its network allows decentralised applications to be developed in a secure environment. The ETH token occupies a central role in interactions with the Ethereum blockchain, whether in the deployment of applications or in a kind of monetary creation of the network. 

Ethereum (ETH) is essential for all developers active on its network, for traders who want to speculate on its price, but also for investors who believe in the future of cryptocurrency and more particularly that of the Ethereum protocol.  

Buy Ethereum for Free

Buying ethereum at no cost is an idea that tempts many people. Some online platforms offer very low rates for buying cryptocurrency. None of them actually allow you to buy crypto without paying a few fees. 

However, there is still a way to get your hands on some ETH without paying fees, much the same way you can buy other cryptocurrencies anonymously. To be clearer, the only way to buy ETH free of charge is to go away from an exchange platform (crypto-exchange). 

This may be possible for those who require payment in ETH for their products and services. It is also possible to obtain ethers by mining, by drawing in a faucet or simply by making a private deal with a person who wishes to get rid of it against fiat money (Euros, dollars). In short, the fact of buying ethers without going through an exchange can make it possible to acquire them without paying fees. Indeed, in this case the exchange is done between individuals (buyer and seller); this leaves an opportunity to negotiate a good price and to do, if all goes well for you, a profitable small business. 

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Buy Ethereum FAQ 

Earlier in this guide, we covered how to buy ethereum, a basic question for anyone looking to get started with digital currencies. Knowing how to buy ethereum is what we want for every reader of this article. Therefore, a brief reminder of the procedure is worth it. 

✅ How to buy Ethereum easily? 

To buy ethereum, you must choose an online broker that offers this service. This is the case with Binance and Coinbase. With these, it is possible to acquire them against fiat money. Just make a deposit (by wire transfer or credit card) and switch to the exchange.  

✅ Is it too late to buy Ethereum?

For 12 years, Bitcoin has been the best performing asset in terms of investment. Its blockchain is used more and more by companies like Microsoft. The arrival of institutions and countries in the crypto industry suggests that all of this has only just begun. But also, buying BTC is like betting on a revolutionary technology, the blockchain. And so yes, it is not yet late to get on the train.