There are a few ways to buy Ethereum, Ether or ETH (it’s trading ticker name), and this guide is going to showcase you how you can get hold of some ter the easiest way possible. Just like Bitcoin there can be fairly a few cumbersome hoops to leap through but hopefully wij can vertoning you the best method to suite yourself. You can buy it with fiat currency, buy it with bitcoin or you can mine it.
Buy Ether with Fiat Currency:
There are a number of fiat exchanges that you can use to buy ethereum, or ether, directly with local fiat currency such spil dollars euros or yuan. Openleggen is a particularly good way to buy ethereum with dollars, pounds or euros and wij’ve written a guide on that here. There are other exchange that you can use to get hold of ethereum instantly. All you need to do is go to the pagina here and find out which exchange trades into your local currency by clicking on the tabs on the right palm side.
If you can’t find the right currency to trade into or you think the bid ask spread is too high or there isn’t enough liquidity you will have to buy it another way. The best way to do this is to buy bitcoin very first.
One of the least hassle ways to buy bitcoin is to use Coinbase. Unluckily Coinbase is only supported te a few countries and their pay by debit card feature is limited to a certain quantity vanaf day. There are other exchanges you can use and you can find them out by doing exactly the same check spil you have done on the ethereum pagina.
Once you have found the right place to buy some bitcoin. buy some. There are some loopholes to go through usually that can make the process painful, but that is only Companies attempting to obey with legislation on KYC and AML.
Now you have bitcoin you can get ETH or ether by using one of the exchanges that operates a BTC-ETH pair. They can be found here.
Another option to get hold of some ether is to to mine Ether yourself. Alternatively, y ou can also attempt buying a cloud mining contract with Hashflare or Genesis Mining .
If you want to mine ethereum yourself the process can be fairly tricky but our guide here will get you through the process. You will also want to join a mining pool to reduce the volatility of comes back.
If you want to buy a mining contract it means you capitulate a puny slice of the profit for the sake of someone else taking care of the management, maintenance and set up costs. You can compare ethereum and bitcoin mining contracts here and read our guide on mining contracts here.