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How & Where to Buy Ethereum A Step-by-Step Guide to Buying ETH

  1. Sign up at Gemini, the #1 rated ETH exchange.
  2. Fund your account with cash or crypto.
  3. Buy EthereumETH
  1. STEP 1Find the Best ETH Exchange
    • 1486429286
      Ease of use
      Very Easy
      Time to 1st Buy
      10 min
      24h Volume
      $20,659,392
      Coins
      49

      Founded by the Winklevoss twins, who also conceived Facebook, Gemini is an ultra-convenient and incredibly legitimate platform that has gone through every level of financial scrutiny possible to be the most reliable cryptocurrency exchange in the US. Truly too legit to quit, this is one of the few exchanges where your funds are actually insured in case of theft. USD-only, features most of the well-known cryptocurrencies.

    • binance.us logo
      Ease of use
      Easy
      Time to 1st Buy
      24 hrs
      24h Volume
      $27,986,487
      Coins
      58

      Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.

    • fLpdtiaZ
      Ease of use
      Easy
      Time to 1st Buy
      2 hrs
      24h Volume
      $
      Coins
      59

      No platform has been able to attract first-time cryptocurrency investors quite like Coinbase. Each quarter, millions of new users sign up and take advantage of the simplest and smoothest customer purchasing journey in the market. Coinbase also aims to educate beginners, paying them in crypto to learn about different projects.

    • coinswitch reviews
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume
      $
      Coins
      361

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    • kraken exchange
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume
      $189,010,906
      Coins
      66

      A decade of security, honesty, and transparency has given San Francisco’s Kraken an impressive reputation and helped it to become the fourth-largest cryptocurrency exchange in the business. The brokerage service offered by Kraken has more coins to buy and sell directly with cash than most of their competitors. Debit and credit card purchases are permitted with comparably low fees. Well-suited to beginners and those who want to buy and hold coins long-term.

    Go to Gemini and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Ethereum EthereumETH quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy ETH with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for ETH.

Frequently Asked Questions About Buying & Selling Ethereum (ETH)

How do I Buy ETH with Crypto?

If you want to buy ETH with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Gemini and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Gemini.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Ethereum (ETH)?

To sell ETH, simply reverse the buying process described above. You will likely need to trade your EthereumETH into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Ethereum Research Center

Ethereum Technical Details & Statistics

Tokenomics
  • Market Rank2
  • Market Cap484,960,952,362
  • Circulating Supply118,029,170
  • Total Supply118,029,170 ETH
Yesterday's Trading
  • 24 HR Volume25,432,138,863 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Ethereum?

Ethereum is a second-generation, blockchain-based cryptocurrency platform fueled by the cryptocurrency called Ether (ETH). Built from scratch by Russian computer programmer wunderkind Vitalik Buterin, Ethereum offers several advancements on bitcoin’s blockchain system. Chiefly, network participants can create their own coins (known as “tokens”), which can have a wide array of applications and integration with real-world data systems, thanks to Ethereum’s open-source user API (application programming interface). This has created an Ethereum-based “digital economy,” leading to the creation of decentralized cryptocurrency markets, which allow for tokens to be exchanged with one another and for Ethereum.

History of Ethereum

Ethereum was launched in 2014 by Vitalik Buterin, a blockchain developer and long-time bitcoin fanatic, with the significant addition of API scripting for application development. Two Swiss companies, Ethereum Switzerland GmbH and the Ethereum Foundation, were involved during its development. In July 2014, Ethereum went public with a crowd-sale where people purchased Ethereum by paying through its predecessor, bitcoin.

Since its launch, Ethereum has enjoyed massive success, but not without controversy. Hackers used a software exploit to steal several million dollars worth of Ethereum from a token crowdfunding project known as The DAO in 2016. This was remedied by a rollback in the Ethereum blockchain and the creation of an Ethereum “fork.” The original Ethereum blockchain, with the stolen coins still incorporated into its ledger, is now known as Ethereum Classic (ETC). In contrast, the new blockchain, free of transactions created by The DAO hackers, is still called Ethereum (ETH).

How Ethereum Works

Ether is a cryptocurrency that works almost in the same way as other cryptocurrencies like Bitcoin. However, there are a few big differences.

Like bitcoin, Ethereum is a peer-to-peer cryptocurrency without any central repository or governing administration. Thus, any transaction between two Ethereum wallets is done directly, with only the miner(s) getting involved in establishing a transaction record.

Unlike bitcoin, in the Ethereum network, network nodes store the most recent ‘state’ (information on each user’s balance, their smart contacts, and where it is all stored) along with all the transaction details, in addition to such information residing in the Ethereum blockchain.

Ethereum also acts as a cryptocurrency platform, with advanced API functionalities that allow for user-built applications and the creation of “tokens,” or custom-made coins that operate within the Ethereum network.

Why Should I Buy Ethereum?

It’s rather unfair to compare Ethereum with bitcoin as they have different purposes and visions. However, Ethereum still has some advantages over Bitcoin in direct comparison.

  • Decentralized Apps (DApps): Ethereum allows decentralized applications to build over the EVM and public nodes. Bitcoin and similar coins are only interested in being the ‘money of the internet,’ while Ethereum tries to become an integral mechanism of the internet itself.
  • Faster Transactions: Due to the fund transfer mechanism described above, Ethereum transactions are faster because they are direct transfers between two accounts. The block time is 12 seconds, and it also makes good use of finding Stale Blocks to complete any transaction swiftly with an average confirmation time of about 20 seconds.
  • Cheaper Transactions: Ethereum transactions are much cheaper than bitcoin, and it’s easier to make transactions when the unit is smaller. This allows Ethereum to act as a more suitable coin for micropayments.