In some days, Ethereum is more bought and sold than Bitcoin. And although bitcoin remains the most popular digital currency in the world, the growing popularity of Ethereum ensures that it can be purchased virtually anywhere cryptocurrency is sold. Whether you are exploring online exchanges or looking for an ATM in your area, you can buy Ethereum in one way or another.
However, the huge amount of options out there makes the choice of a method of buying something of a hairy task, especially for beginners. If you are reading this article, you will probably be overwhelmed by the incredible number of trades, and probably worried by the rumors of scams and hacks. Which Ethereum broker should you trust?
We will give you three great options.
Our number 1
eToro
We believe eToro is the simplest investment method for new Ethereum buyers. They sell investment contracts (CFDs), not coins, so do not use this method if you want to spend your Ethereum. But if you simply want to buy Ethereum and see it grow, without the worry of digital addresses and portfolios, eToro is the best solution.
CySEC & FCA regulated, eToro is available in many different countries (most recently in the United States!). Users can choose to copy the trading strategies of qualified traders or use their own methods to earn a lot of money. The platform supports a wide variety of payment methods (China Union Pay, debit / credit card, Giropay, Neteller, Paypal, Skrill, Webmoney, bank transfer, Yandex). Commissions are low and its performance is fast and reliable.
Coinbase
Coinbase is the mother of all cryptographic exchanges. Although not the oldest, Coinbase is undeniably the best known and mainstream. More new users enter Crypto for the first time with Coinbase than any other cryptocurrency exchange. Coinbase does not sell many different digital resources, as one might expect from an exchange like Bittrex. Instead, Coinbase sells the largest, in large quantities, to people who want a simplified shopping experience.
Along with Bitcoin, Bitcoin Cash and Litecoin, Ethereum is one of the currencies that Coinbase brings to the masses. Well regulated and constantly growing, you can expect an uninterrupted experience with Coinbase. Although a little expensive, this is the simplest way we can think of new users entering the crypt for the first time, especially if they want to be able to control their coins to save, exchange and spend. Coinbase allows payments in fiat (national currencies such as USD), which many other major exchanges do not, further expanding the potential pool of customers that Coinbase can draw from.
Binance
Binance is the most popular conventional cryptographic exchange in the world. Unlike Coinbase, Binance sells over 100 different types of cryptocurrency. Binance only accepts coins such as Bitcoin and Ethereum (no USD or fiat) as payment, exchanged in certain ratios with all other supported coins. Binance offers the user many trading options, such as limit orders and stop-losses. Creating charts can be advanced, prices are low – this is really a great option for the more advanced user who wants more options for the smallest amount of money.
Ethereum, since it is used as a fundamental currency on the platform, is one of the most traded coins on Binance. You will not have to worry about liquidity here!