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Buy Ethereum (ETH) with Credit or Debit Card Online Instantly
Buy Ethereum (ETH) with Credit or Debit Card Online Instantly
Changelly is a simple crypto exchange platform that is made with user convenience in mind. Offering over 500 crypto assets to buy instantly for fiat currency, Changelly facilitates the sometimes intimidating start of a crypto journey. Buy Ethereum, Bitcoin, Binance Coin, Bitcoin Cash, or any other coin with your bank card, Apple Pay or Google Pay and benefit from some of the lowest trading fees in the space. Feel relaxed about the safety of your transactions – Changelly employs the industry’s best security measures to protect users’ crypto activities. Should you encounter a problem with a transfer or need assistance, our support team is available 24/7 to lend you a helping hand.
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How to buy Ethereum in 5 Easy steps
Set the pair
Select the crypto you’d like to purchase, the fiat currency you want to buy crypto with, and your country of residence. Look through the best offers and choose the one that suits you most.
Enter your crypto wallet address
Fill in the required wallet address details in the entry field.
Verify your identity
Verify your identity with our providers to buy crypto without any hurdles. This will help to make sure no one but you uses or changes your payment information.
Confirm your payment
Follow the instructions on the screen and confirm your payment. Your purchased cryptocurrency will arrive in your crypto wallet soon.
Check your crypto wallet
That’s it! Open your crypto wallet and welcome your newly purchased cryptocurrency.
As a global online crypto exchange platform that truly deserves the title of a veteran, Changelly is the most advantageous way to purchase and sell ETH. We have witnessed many changes on the crypto market and have continued to deliver a stellar service for many years. We are always striving to improve ourselves so you can enjoy the greatest service possible.
Over 2 million satisfied clients
No deposit storage
2-factor authentication and HTTPS protocol account protection
Payment methods to buy Ethereum
A bank transfer is a secure option to buy cryptocurrency, especially if you are thinking of purchasing large amounts of virtual currency. Keep in mind that bank transfers may take a little longer, and fees may vary.
Apple Pay and Google Pay
Apple Pay and Google Pay are the quickest ways to buy ETH with a credit or a debit card from your iOS or Android device.
Credit or Debit Card
Credit or debit card payment is one of the effortless ways to buy ETH and other cryptocurrencies in a fast and secure manner. With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency.
Faster Payments is a speedy payment method that allows residents of the United Kingdom to send payments in their local currency without incurring any additional exchange charges.
With a convenient iDEAL payment service, you can have your Bitcoins or Ethereum bought in no time! Payments with iDEAL are made using the mobile banking app or your own online banking system.
SEPA is a popular payment method for fast and easy payments in euros. It's the best option for you if you prioritize speed, cost, and security when buying crypto.
POLi is a widely used payment method for buying crypto. Apart from its protection measures that safeguard your personal and financial information, it also offers other benefits, such as low fees and fast processing times.
BPay is an intuitive, secure, and instant way to purchase cryptocurrency. Whether you want to buy a little or a lot, BPay makes it easy to schedule regular payments and make everyday crypto purchases.
Interac is the most popular payment method for instant crypto purchases in Canada. It's a quick, simple way to buy crypto using your bank account directly.
Buy Ethereum Without Any Hassle
Purchase your crypto with any payment method that suits you best. Start buying with as little as 30 USD or your local currency equivalent.
Why buy Ethereum on Changelly?
We take a comprehensive security approach to ensure your crypto investments and identity are safe. We provide quick crypto purchases to more than 2.6 million users every month.
Got any questions? We've got all the answers. Changelly offers personal support to each and every user. We are here to help you 24/7 with any challenges that you might face using our services.
Get any of the 500+ supported cryptocurrencies in mere minutes with just a few clicks and at the best rates on the market.
All premium offers in one spot
We aggregate crypto offers from a variety of fiat payment providers so that you can always find the very best one.
What Is The Best Way To Purchase Ethereum?
The best way to buy Ethereum is from a reputable and popular cryptocurrency exchange. State-of-the cryptocurrency exchanges either offer a non-custodial service, without holding users’ assets, or come equipped with cold storage wallets, keeping users’ assets offline and hard to hack. When looking for the perfect crypto trading platform, it is great if the company holds a license from a recognized financial authority, performs independent security audits of its services, incentivizes users’ participation in bug bounty programs, and offers its own insurance (if it is a custodial exchange).
Where to Buy 1 Ethereum?
You can buy ETH from exchanges, wallets, cryptocurrency mobile apps, Bitcoin ATMs, and crypto brokers. Notably, you cannot buy Ether from a decentralized platform (DEX) for fiat money. Such websites aren't for beginners, as you'll need some ETH or other crypto to use them.
Can You Buy Ethereum with $1?
Like Bitcoin, Ethereum is a very expensive cryptocurrency, and many investors cannot afford to buy a whole ETH coin. Fortunately, both cryptocurrencies are divisible into smaller units, with BTC being divisible up to 8 decimal places (0.00000001 BTC) and Ether being divisible up to 18 decimal places (0.000000000000000001ETH). This enables investing as little as $1 in the coin. Most crypto trading platforms are quite flexible with their minimum trading thresholds, and several will process a $1 worth ETH transaction.
However, many crypto exchanges may establish a minimum deposit requirement, causing you to send a certain amount of money to your trading balance. Such a low minimum deposit limit of $1 is quite rare among major platforms, generally starting with $10 or more.
What Is the Cheapest Way To Buy ETH?
Changelly is the cheapest way to buy ETH, thanks to the platform’s low fees. Users pay only 0.25% for cryptocurrency purchases, which is significantly lower than many other platforms. Additionally, Changelly offers a handy feature called “The Best Rate Guarantee” that allows buyers to compare different offers from multiple providers and pick the best deal for their purchase of Ethereum.
What are the fees to buy Ethereum?
Fiat transaction fees often change on the side of our fiat providers since they are a dynamic value that depends on the market conditions and the competitive environment in the fiat aggregator. You can always check the commission via our support or a particular provider. Nonetheless, it's generally between 5% and 11%.
In which countries can I purchase Ethereum with a credit card?
You can purchase cryptocurrency with a credit card if your card issuer and payment network allow this transaction type in a particular region.
However, some issuing banks have their own terms regarding where and when those cards can be used and may decline transactions on their side. Depending on internal politics in regard to cryptocurrency operations, services may be limited in some countries.
Which credit cards are accepted for crypto purchases?
Our fiat provider partners accept most major credit cards, including Visa and MasterCard. Some virtual, prepaid, and debit cards are also accepted. However, some issuing banks have their own terms regarding where and when those cards can be used and may decline the charge on their side.
Please note that depending on internal politics in regard to cryptocurrency operations, services may be limited in some countries.
How long does it take to process ETH purchase transactions made via credit cards?
The transaction processing time for purchases depends on the issuing bank running your transaction. Basically, GBP and USD transfers are usually processed within 1 working day, and EUR transfers are processed within 1 to 3 working days.
What types of bank transfers are supported for crypto purchases?
Our fiat provider partners offer a number of ways for you to complete your cryptocurrency purchase.
Crypto purchases are available via the following bank transfer types:
- SEPA – for bank transfers made in Europe
- Interac – for bank transfers made in Canada
- Pay ID – for bank transfers made in Australia
- Faster Payments – for bank transfers made in the UK
- Wire Transfer – for bank transfers in the USA
Please note that not all the methods are available globally, so please check and confirm whether you have access to a specific payment method.
How long does it take to process crypto purchase transactions via bank transfer?
The time to process your order can vary due to several factors:
- The chosen payment method
- Whether this is your first order with a particular provider
- Blockchain network load
Bank transfer orders that are executed smoothly generally take from 30 minutes to 5 business days to be completed.
However, some aspects of the process are outside of our or our provider's control — namely, delays caused by your chosen payment method and external compliance checks.
What should I do if Changelly does not support the national currency of my country?
You can try to purchase crypto with your bank card and choose USD or EUR as a fiat currency instead of your local currency. Your local currency will be converted to USD or EUR at the rate of your bank.
Alternatively, you can issue a credit card in USD or other supported fiat currency and try to purchase crypto with it.
How to buy Ethereum privately?
On Changelly, you can purchase Ethereum and over 500 cryptocurrencies anonymously. This means that our platform requires no registration and no verification for crypto purchases so that you can buy ETH crypto securely, without being tracked.
The option to buy cryptocurrencies privately depends on various factors, including the volume of your transaction.
While it’s possible to buy cryptocurrency anonymously, taking appropriate precautions can help ensure a more secure transaction.
Do I need an ID to purchase Ethereum?
Changelly partners with Simplex, MoonPay, and Banxa for fiat-to-crypto transactions. These providers enable you to use your credit card or debit card as well as such payment options as Apple Pay, Google Pay, or bank transfer.
You can invest in Ethereum crypto with an easy verification process or no verification at all, depending on the amount of your crypto purchase. For some ETH transactions, our providers might require you to pass the KYC check with the easiest ID verification to buy cryptocurrency.
Can I buy Ethereum without passing the KYC verification on Changelly?
Simplex and MoonPay, our providers for fiat-to-crypto transactions, allow buying cryptocurrency without a verified ID. Only card details should be enough if the Ethereum purchase amount is below a certain point. Yet, they might still demand you to pass the KYC check with an easy and quick verification process.
If you opt to purchase Ether cryptocurrency through Banxa, they will require you to comply with their KYC requirements, no matter the size of the crypto purchase.
Is it safe to share my personal data while passing ID verification?
Designed to verify your identity, KYC processes rely on biometric data nowadays. Your information is not transmitted between servers. Your personal data is encrypted, and your own storage space is created.
How to buy large amounts of Ethereum on Changelly?
For larger volume deals, instant cryptocurrency exchange Changelly launched the crypto OTC platform.
OTC stands for over-the-counter trading, which is done directly between two parties without the supervision of an exchange. You will be assisted by an individual crypto OTC broker with whom you will be able to discuss all the details and conditions of the deal.
Changelly has acquired an impressive number of reliable partners and liquidity providers supporting OTC transactions at the best rates possible.
Got any questions about the ETH purchase on Changelly?
We tried to gather all the necessary information about the ETH purchase on this page. Yet, the crypto world can be darned confounded. If you still have questions, check out the FAQ page or contact our support team 24/7.
Keep your Ethereum safe and sound
If you are searching for the best cryptocurrency wallets for your favorite coins, look no further! Whether you are a crypto pro or just starting out, these wallets might be a good option for crypto storage.
Integrating Changelly services into Trezor Wallet's exchange has been a great success for all parties, especially the users. Working with Changelly is a pleasure, thanks to their professional and courteous approach.
Changelly is the best option for users to access the most cost-savvy rates
With Changelly's stellar team, we have developed a unique system to ensure exchanges are fulfilled in the fastest possible time and with immediate customer support.
We are thrilled to partner with Changelly to provide an exceptional trading experience: anytime, anywhere - in a few simple taps!
More cryptos to buy
Exchange Crypto with Lowest Fees
Make the most of your ETH exchange with the lowest fees on Changelly.
What is Ethereum?
The Ethereum blockchain native currency is called Ether (traded under a ticker ETH), and it is one of the world’s largest cryptocurrencies by market cap. In fact, Ethereum (ETH) is the second largest cryptocurrency by market value, falling short only to Bitcoin.
Ether owes its popularity to its connection with the Ethereum Network. The ETH Coin is the backbone of the Ethereum blockchain and helps to enable and support all its capabilities. As the Ethereum platform offers vast opportunities for software development, Ether tokens are believed to hold a great investment potential.
Multiple financial institutions and Fortune 500 companies also back Ethereum, giving investors even more confidence in the coin’s bright future.
How Does Ethereum Differ From Bitcoin?
What sets Ethereum apart from Bitcoin? Well, for starters, Ethereum was the second digital currency created, after Bitcoin. Released in 2015, Ethereum built upon Bitcoin's original innovation, but with some major differences.
Both cryptocurrencies allow users to make transactions without the need for intermediaries, such as payment providers or banks. However, Ethereum takes it a step further by being programmable. This means that developers can build and deploy decentralized applications (dapps) on its network.
These dapps primarily focus on Decentralized Finance (DeFi) and aim to replace legacy banking services with more efficient and fair financial solutions. Decentralized lending, insurance, and automated trading are all examples of how Ethereum’s blockchain can be put to good use.
Bitcoin is great for establishing value without a central authority, but Ethereum amplifies this by enabling users to write any software program or smart contract. This has opened the doors to a world of possibilities where innovation on the Ethereum network is limitless.
Unlike Bitcoin, which only functions as a payment network, Ethereum operates much like a marketplace for financial services, games, social networks, and other apps that prioritize privacy and cannot be censored.
Ethereum used to rely on the same proof-of-work system as Bitcoin to secure its network, but on September 15, 2022, it underwent a major upgrade known as The Merge. This upgrade shifted Ethereum from proof-of-work to proof-of-stake, resulting in a significant reduction of energy consumption needed to validate transactions. In fact, it decreased by an impressive 99.95%. This change made Ethereum a more environmentally friendly blockchain platform, while increasing the security and scalability of the network.
Who Created Ethereum?
Ethereum was created by a young programmer named Vitalik Buterin. He was born in Russia and raised in Canada, and had a passion for blockchain technology from a young age. At just 19 years old, he proposed the idea for Ethereum in a whitepaper that he wrote in 2013. The concept quickly gained popularity in the blockchain community, and in 2014, Buterin founded the Ethereum Foundation to further develop the project. Today, Ethereum is one of the most widely used blockchain networks in the world, supporting thousands of decentralized applications and powering an entire ecosystem of digital assets and services.
How Is Ethereum 'S Market Price Determined?
The Ethereum price depends on how much people want to buy or sell the token. Just like stocks, there are people who want to buy and people who want to sell crypto. If more people want to buy Ethereum, the price goes up, and if more people want to sell it, the price goes down.
Ethereum is different from Bitcoin because it has more intrinsic utility. You need ETH tokens to access any decentralized app built on Ethereum's blockchain. As more transactions occur on Ethereum, the price of transaction fees grows, as transaction fees are based on supply and demand.
There are several factors that affect the supply and demand, including the new ETH 2.0 staking feature, which allows users to earn interest by staking Ethereum. This has led to over $1 billion of ETH being locked in staking, reducing the supply of the token in both retail and investment accounts.
Media coverage also plays a big role, with Bitcoin being the most covered cryptocurrency and Ethereum often going unnoticed by mainstream media. When Bitcoin is doing well, it’s likely that other tokens like Ethereum will follow.
Transaction volume on Ethereum’s blockchain can also affect the supply and demand of ETH by increasing transaction fees paid to miners who sell their tokens on the market, or by increasing demand for ETH to pay these higher fees.
Additionally, ERC-20 tokens that are hosted on Ethereum’s blockchain promote the token’s utility and demand overall.
Why Buy Ethereum?
Ethereum or other cryptocurrencies are still a gray area and often lack governmental recognition, mainstream adoption, and a positive attitude of users. Although financial decisions regarding investing in crypto should only be based on your own risk tolerance, there are several reasons why many people eagerly include ETH to their investment portfolios.
Ethereum is a crypto asset that has seen a lot of growth and development over the years, making it a strong contender in the market. If you believe in the power of digital currencies, then you should consider investing in Ethereum.
Ethereum is more than just a cryptocurrency – it's a platform that allows for the creation of decentralized applications and smart contracts (computer programs). This means that it has the potential to revolutionize entire industries, such as finance, supply chain management, gaming, and more.
The Ethereum network is incredibly secure and reliable. Transactions on the network are verified by a global chain of nodes, which ensures that they cannot be tampered with or reversed.
Unlike traditional financial systems, Ethereum is not controlled by any central authority, such as a government or bank. Instead, it operates on a decentralized network, which means that it is not subject to the same issues that can arise from centralized systems, such as corruption, censorship, or manipulation.
Ethereum Coin is a great way to diversify your investment portfolio. With its potential for growth and development, it offers a unique opportunity to invest in something that is both innovative and potentially profitable. By adding Ethereum to your investment mix, you can reduce your overall risk and increase your potential rewards.
Investing in crypto can be risky. Investors should approach this venture with a long-term mindset and the expectation of price ups and downs. Prior to making any investment, you should discuss your specific investment needs or seek advice from a qualified professional.
Best Ways to Buy Ethereum Safely
If you are keen on joining the community of Ethereum investors, the best routes to follow are exchanges and wallets.
Centralized Crypto Exchanges
Centralized cryptocurrency exchanges (CEX) are companies that let you buy crypto using traditional currencies, like US dollars, Euro, GBP, etc. They also offer a plenty of convenient payment methods, including debit and credit cards, wire transfers, mobile phone payments, and electronic wallets. Such platforms have custody over any ETH token you buy until you send it to a crypto wallet you control.
Decentralized Crypto Exchanges
Decentralized exchanges, commonly referred to as DEXs, are online marketplaces where people can buy and sell tokens like ETH without a middleman. Instead of relying on a third party to safeguard funds, they use code to execute transactions. This code is called a smart contract and ensures that the seller's tokens are only transferred once payment is guaranteed.
DEXs do not have as many location-based restrictions as centralized exchanges, meaning you can buy what you want from anyone in the world, as long as they accept a payment method that you can provide. With DEXs, you can even buy ETH with other tokens, PayPal, or even arrange in-person cash deliveries! However, you will need a personal wallet to use a DEX.
Some cryptocurrency wallets let you buy crypto with a debit/credit card, bank transfer or even Apple Pay, without leaving the app. Certain solutions may even offer Ethereum staking, an embedded coin swap feature, and other nifty perks. However, geographical restrictions can apply.
How to Buy Ethereum with a Credit and Debit Card
If you want to incorporate traditional money to fund a purchase of Ethereum, you should resort to centralized crypto exchanges that enable fiat-to-crypto payments. For example, on Changelly, you can use a Visa or MasterCard credit or debit card issued in your local currency, such as US dollars.
Find a Great Dealer
As you put your personal finance on the line, you want to be certain in the reliability of the crypto exchange platform you choose. Do your own research and find out about the company’s headquarters, license, security measures, and the managing executives. Make sure, the provider has a convenient transaction fee structure and clarifies how you can make deposits, swaps, and withdrawals.
Create an Account
Once the right trading platform is chosen, the next step is to set up an account. You will need to provide your full name, email, phone number, and a place of residence. Popular companies make the account opening process pretty straightforward.
Verifying your identity is usually the final step in registering with the platform. Most exchanges will require that you verify your account by uploading pictures of your identification documents and proving your living address. Sometimes, you may be asked to prove the source of your funds. Verification can take anywhere from approximately several minutes to potentially a day or two, depending on the exchange.
Fund Your Account
You'll next need to deposit money into your account. With a successfully passed identity check, funding your exchange account is generally a breeze. Simply navigate to the “Deposit” section in your profile menu and choose “Debit/Credit Card.” You will be prompted to add your card’s details and input the amount of fiat to be sent. Cryptocurrency exchanges do not generally have high minimum investments, so you can deposit as little as $10 or so. Depending on your card issuer, you can entail a fee for depositing money on a crypto platform.
Once you've created an account and loaded it up with funds, you can start buying Ethereum and other cryptocurrencies on the platform. Although each exchange may have its own unique interface, you'll need to confirm your transactions and then allow for processing time, which can vary depending on the number of transactions being requested.
Send ETH to a Wallet
Most exchanges will provide an integrated storage place to keep your ETH tokens after a purchase. Changelly, on the contrary, never stores users’ crypto assets in internal vaults. Instead, the platform requires you to input the address of your own wallet before you can buy Ethereum or other cryptocurrencies.
Even if the company offers custody of your digital assets, you want to consider sending ETH to a wallet that you fully control. Reputable cryptocurrency exchanges generally offer an easy process of sending tokens from their platforms to a third party wallet by copy-pasting a destination wallet address.
How to Buy Ethereum with Bank Transfer
If you want to buy Ethereum with a bank transfer, it's actually pretty similar to using a credit or debit card. First, find a credible cryptocurrency exchange that accepts bank transfers as a payment method. Then, open an account and link your bank account to make the transfer.
Just like with a card purchase, you'll need to provide some personal information to verify your identity. After that, you can easily purchase Ethereum by trading your money for the token via the exchange platform. So don't worry if you prefer using a bank wire over credit/debit cards, the process is just as user-friendly!
How to Buy Ethereum with Apple Pay or Google Pay
Apple Pay and Google Pay are the shortest paths to the crypto market and allow you to buy ETH with a credit or a debit card from your iOS or Android device.
To unlock this perk, you only need two things: an active Apple Pay or Google Pay wallet and a mobile app of your favorite crypto exchange platform, such as Changelly.
You should install the app of a selected crypto exchange on your mobile phone and log in to your account. After that, your Apple Pay or Google Pay wallet will automatically be detected as an available payment method, so you can use it to buy cryptocurrency on the go.
Buying cryptos with Google Pay or Apple Pay is safe as both wallet providers adhere to global security best practices. Also, they do not expose your card or account information to merchants, which significantly reduces the risk of a breach.
How to Buy Ethereum with PayPal
PayPal has recently enabled buying Ethereum, Bitcoin, and a few more coins through its mobile application. It also allows for selling, sending, and storing crypto within the app. However, this investment opportunity is only available to a limited number of investors, namely, those living in the USA and US territories. PayPal is yet to extend this crypto trading service for users from other regions.
If you are not a US resident, yet want to leverage your PayPal balance to buy the Ether token, you can go to peer-to-peer marketplaces like Paxful. Such platforms connect buyers and sellers, so users can trade cryptos on mutually agreed terms.
P2P crypto markets allow users to buy, sell, and swap assets at the desired price, choosing a convenient payment method. Paxful, for example, offers over 450 payment options, including PayPal. It also acts as an escrow service to protect both counterparties until the completion of a transaction.
How to Buy Ethereum from ATM
If your heart is set on more classic methods of buying Ethereum, then you can consider a local crypto ATM machine. There are many Ethereum ATMs all over the world, and sites like CoinATMradar com can help point you to the nearest one. Here's a step-by-step guide to purchasing ETH from an automated teller machine (ATM).
Get an Ethereum wallet. This can be any simple crypto wallet like MetaMask, Jaxx, or MyEtherWallet. Or, if you're concerned about security, you can use a hardware wallet like Trezor or Ledger to store Ethereum.
Find the nearest Bitcoin ATM using Coin ATM radar or a similar online crypto ATM discovery tool.
When you get to the ATM, select Ether as the cryptocurrency you want to purchase and specify the amount of Ethereum. Some ATMs may require ID or phone verification for larger transactions.
Once you've made your selection, scan your wallet's public key using the ATM's camera, insert your cash, and follow the instructions to complete the purchase.
Once your transaction is confirmed, your ETH will be deposited to your wallet.
Check the arrival of ETH coins in your wallet and be prepared to experience the thrill of investment success as the value of your digital asset accelerates to new heights!
How to Buy Ethereum with Cash
The easiest method of buying Ether online with digital cash is via any respectable fiat-to-crypto platform that supports crypto purchases with a fiat currency of your choice. After registering your account and linking it to your bank account and crypto wallet, you'll be ready to begin. Keep in mind that exchanges offer their cryptocurrency trading services for a fee, and you may need to undergo a KYC/AML check before being able to make a purchase.
You could also consider using a decentralized exchange. While they may be slower and require a little more effort to navigate compared to centralized services, they typically offer greater levels of privacy and confidentiality that cannot be found on centralized exchanges.
If you insist on using good old-fashioned hard cash to buy Ethereum (ETH), you can try peer-to-peer crypto marketplaces like LocalCoinSwap and Hodl-Hodl. P2P exchanges often have their own messaging systems where buyers can coordinate meetings with sellers. As these transactions often involve cash and unknown individuals, it is recommended to arrange these meetings in public areas.
Bitcoin ATMs, scattered throughout the world and frequently found in high-traffic urban locations, can also help you spend your dollars on buying Ethereum or other crypto assets. Such machines are easy-to-use, yet their trading fees are not that moderate as those of online crypto exchanges and can significantly add to the cost of the transaction.
Several services, such as Bitrefill and eGifter, allow you to purchase gift cards using cash, which can then be used to buy Ethereum on exchanges that accept gift cards as a payment method. Some exchanges that accept gift cards include Paxful and Remitano.
How to Buy Ethereum with a Prepaid Card
Prepaid cards are like regular debit cards. You can top them up with any amount of money you wish and can use them wherever such cards are welcome. Mastercard and Visa are popular providers of these cards, and they are often sold in convenience stores, retail shops, and shopping centers. They also do not allow you to spend more that you actually hold on your balance.
The best aspect of them is that there are many crypto exchanges that permit prepaid cards to purchase Ethereum or other cryptocurrencies. With a little work to establish a trading account and prove your personality, you are ready to involve your prepaid card for Ether investments.
What Can You Buy With Ethereum
Now that you own some ETH, you can leverage your tokens for dapps built on Ethereum to access decentralized finance (DeFi) services like lending, borrowing, earning interest, gaming, and even private payments. For alternative investments, there are Ethereum-based platforms, like SuperRare and Nifty Gateway, which allow users to buy and sell digital artwork using Ether.
In the real world, opportunities to spend your Ether wealth are also plentiful. Online travel agencies like CheapAir and TravelbyBit allow users to book flights, hotels, and rental cars using Ethereum. Companies like Namecheap and Microsoft allow users to pay for their services using Ether.
OpenBazaar and The Cryptocurrency Marketplace allow users to buy and sell goods using Ethereum. Many online stores, such as Overstock and Shopify, accept Ethereum as a payment method for clothing, electronics, furnishings, and other merchandise.
Where to Store Your Ethereum
Ethereum wallets are applications that give you access to your Ethereum account, allowing you to manage your balance, execute transactions, and connect with different applications within the Ethereum ecosystem. An apt analogy would be an internet banking app, minus the bank. By using these wallets, you can exercise greater control over your digital assets and seamlessly interact with various services online.
With a wallet, you'll get a public and private key that you'll use to carry out transfers. The former is similar to a bank account number that you can share with others to receive funds. The latter is like a password and should be kept secret. There are several types of Ethereum wallets:
Physical hardware wallets. These are physical devices that let you keep your private keys offline and out of reach of cyber attackers. They are named “cold wallets” because of this quality. They usually cost between $50 and $200, though some products can be more expensive.
Mobile wallets. Such tools that make your funds accessible from anywhere provided you have a smartphone and an internet connection.
Browser wallets. They are websites that let you interact with your Ethereum account online via the browser and are called “hot wallets” because of their constant exposure to the internet.
Browser extension wallets. They are add-ons to your main browser that you download and activate to access your account and applications every time you open the browser.
Desktop applications. These are downloadable software tools that allow you to manage your crypto funds via macOS, Windows, or Linux.
How to Cash out Ethereum?
If you think it is time to skim a little profit off your crypto holdings, there are several ways to sell Ethereum back to fiat money.
Use a crypto debit card. Crypto debit cards allow for the conversion of Ethereum to fiat currency. This card can be used to withdraw cash or make purchases at any place that accepts debit cards. Popular providers of such a service include Coinbase and BitPay.
Sell ETH for cash on a trusted exchange like Changelly. This involves selling Ethereum on a cryptocurrency exchange and then withdrawing the proceeds in local fiat currency. It is important to use a trusted exchange to avoid the risk of fraud or hacking.
Transact with a P2P exchange. Direct peer-to-peer exchanges let you trade Ethereum directly with other individuals, without the involvement of a centralized exchange.
Make a withdrawal at an Ethereum ATM. Crypto ATMs allow you to withdraw cash in exchange for Ethereum. The process is similar to using a regular ATM, but the machine is specifically designed to handle cryptocurrency transactions.
Get a gift card for ETH. Some providers, including Egifter, Bitrefill, and Giftoff, let you purchase gift cards for popular stores, such as Amazon or Walmart, using Ethereum.
The Best Place to Buy Ethereum
Changelly is the go-to crypto exchange platform for buying Ethereum and other cryptocurrencies at the best rates available. With our best rate guarantee, you can rest assured that you're getting the most bang for your buck. This is achieved through their integration with the world’s leading crypto trading platforms and fiat vendors, which allows for real-time price comparison and selection of the best rate for you.
Not only does Changelly offer unbeatable rates, but it also prioritizes security. The platform is equipped with top-notch security tools, including 2-factor authentication and an HTTPS protocol, to protect your transactions and personal information.
Changelly has earned the trust of more than 2 million customers across 180 countries worldwide, which testifies to the platform’s commitment to delivering a pleasant experience. Whether you're just getting started in the world of cryptocurrency or are a seasoned investor, Changelly has everything you need to buy Ethereum with ease.