- 1 What do i have to know about Buying Ether?
What do i have to know about Buying Ether?
In order of buying Ether, we recommend the following providers.
Exmo.me for Buying Ether
At the moment, there are many ways to buy Ether, but let’s first focus on the basics. To save you time and hassle, it should be noted that it is best to buy Ether (and other cryptocurrencies) on the popular cryptocurrency exchange Exmo.me. You can buy Ethers for dollars, euros and even tenge, and it offers quick registration and convenient transfer options.
This stock exchange is also famous for the fact that it takes security seriously. Not only does it allow customers to trade profitably on the exchange, but they can also safely store their cryptocurrency in their account.
The advantages and possible disadvantages of this method for Buying Ether
Though Exmo.me is a reliable stock market that places a high value on security, the downside is that there is no way to fund your account immediately with a Visa or Mastercard. This method becomes available only after the verification procedure. Verification is not required for working with other payment systems.
There is also no need to get a wallet, as the stock exchange gives you a personal account for each cryptocurrency. The exchange rate of the cryptocurrency will always be more profitable than with the exchange services.
The stock market has good trading volumes and high liquidity, and offers many convenient ways to replenish your account, with relatively low fees. It supports EPS Payeer, Perfect Money, AdvCash, Yandex Money, OKPAY and Capitalist.
The commissions for the transfer to the account with fiat money, unfortunately, are very high, but you can find a way to fill your account at a commission of 0.95 percent. With the stock exchange, you can manage your finances in real time, and buy and sell cryptocurrencies instantly, with the intuitive, easy-to-learn interface.
The platform also offers a special chat that allows all users of the stock exchange to communicate, share tips and insider information, and help each other. All major cryptocurrencies are supported and you can always withdraw your money quickly.
BestChange for Buying Ether
The simplest, if not the most profitable way you can buy Ether is with BestChange. Many work regularly with the service and few have been left disappointed. Here, you can buy the cryptocurrency against the euro, the dollar, and even other cryptocurrencies.
The service supports all payment systems and bank cards, from Visa to Mastercard. Bitcoin, Litecoin, Monero, Dash and Ethereum Classic are also among the list of available cryptocurrencies on the stock market.
It’s fairly convenient and understandable, but experts suggest not using this method during volatile market conditions to buy or sell cryptocurrency. If the market is currently experiencing high volatility (rising or falling rapidly), the spread will be too large.
The advantages and possible disadvantages of this method
BestChange features easy-to-buy cryptocurrencies, with no registration required. In case of high volatility, the exchange rate used is the market price. The site offers many exchange services, giving you the opportunity to choose the most profitable course.
The downside is that you need a cryptocurrency account that you use on the stock exchange. On this page, you can buy a cryptocurrency directly with a Visa or Mastercard credit card, or with the help of Internet banking and the popular EPS Yandex currency.
Note that buying Ether will require that you have your own wallet, which will allow you to register (more easily and profitably) with the account from the cryptocurrency exchange and have your coins credited to your account on the stock exchange. The stock exchange itself registers a unique wallet address and you can withdraw your coins at no additional fee, at any time.
Poloniex for Buying Ether
We now know that the most profitable way in which you can buy Ether is to register and use one of the most popular cryptocurrency exchanges. If you have the skills to work in the forex market, then it will be easy to understand.
Many traders trade and store their cryptocurrency on the US exchange Poloniex – many like it and find it is easy to understand. Connoisseurs of cryptocurrencies are also very impressed by the Gdax stock exchange.
Possible disadvantages of Poloniex
The Poloniex exchange has been running very slowly lately and is more frequently facing technical issues. It has problems opening and closing orders, and there is absolutely no technical support to remedy the issues. Many traders have been actively looking for other, more reliable crypto exchanges to work with their cryptocurrencies.
For these reasons, it is very important that you have a second option.
Currently, the most preferred and reliable option is the popular Exmo Exchange for buying Ether, also on Livecoin, where you can also usually buy Ether at a very cheap price. These options are definitely cheaper than the exchange services on the Internet.
In fact, you can not only store and buy Ether safely there, but also purchase other cryptocurrencies. Exmo is a popular currency exchange that supports trading in major currencies, and focuses on the comfort and security of client funds.
The advantage of the Livecoin Exchange is that it closely monitors the administration of all cryptocurrency startups and adds the most reliable ones to their stock very quickly. Therefore, there are many different cryptocurrencies on this stock exchange where you also have the opportunity of buying Ether.
Alexander Weipprecht is the managing partner of Provimedia GmbH. As a trained IT specialist for application development, he has been advising leading companies on the following topics for more than 10 years: online marketing, SEO and software. Cryptocurrency is becoming increasingly important to businesses and investors. Through Coin Report and Krypto Magazin Germany, Alexander wants to give all people easy access to the subject matter.