In 2017, Ethereum witnessed a whopping growth of + 9000%. To simply put that into perspective, if you had invested a nominal $100, then at the time of this writing, you would have made over $9000 from that investment, which is a huge 90x return.
Just like Bitcoin, Ethereum is a must have crypto that you should keep in your cryptocurrency portfolio. I will recommend anything between 10-25% again depending on your risk appetite.
And how and where you can buy Ethereum cryptocurrency i.e. the agenda of today's article, so let's get started right away without beating the bush around.
How To Buy Ethereum?
Buying Ethereum nowadays is quite easy but it was not that easy in early 2014 because there were almost no exchanges selling Ethereum.
You can buy Ethereum now from several exchanges around the world but the process slightly varies from exchange to exchange, nevertheless the basic principles remains the same.
Register at an Ethereum selling exchange
Complete KYC/AML checks if any
Chose a method of deposit [Credit cards/Wire transfers/PayPal etc]
Make a deposit [USD/EUR/GBP or BTC]
Buy Ether from your deposited funds
This is normally the lifecycle of purchasing Ethereum in any country around the world. And also don't worry about AML/KYC requirements because there are many exchanges that don't require you to do that.
And if you don't have bank accounts or wire transfer facilities than you can buy Ether directly in exchange for BTC or any other supported currency, there are special purpose exchange for that also.
Lastly, the best option that I like very much is directly configuring your credit/debit cards with the Ether selling services to buy Ether from credit/debit cards.
Now that you understand the basic steps of buying Ethereum it makes sense in talking about where to go and buy Ethereum. For this, I will be listing a variety of sites/exchanges from which you can buy Ether directly, so stick around and enjoy.
Where To Buy Ethereum?
Popular exchanges from where you can buy/sell Ethereum are:
Changelly is a very easy to use cryptocurrency exchange which helps you swap from one cryptocurrency to another. For this, they charge a nominal fee of 0.5% which is kind of fair in exchange for the amount of ease of use they are providing.
You can sign-in into Changelly using your email ID and there is no AML/KYC thing to be done while using Changelly.
You will require the following things to buy ETH from Changelly:
Your ETH address where you would like to get your Ether tokens.
At CoinSutra both me and Harsh has spoken a lot of this exchange because precisely it the best cryptocurrency exchange you can get as of now.
Since its launch, Binance has listed Ethereum cryptocurrency for its interested buyers. So you can head towards Binance use this exchange for buying your first Ether.
They also have their mobile apps for both iOS and Android which you can use while on the move also but it is strictly a crypto-crypto exchange meaning that you can buy ETH only if you have BTC or any other supported currency of Binance. (Android App | iOS App)
To use the mobile app, you need to create an account on Binance for which you can register here and see this video tutorial that explains how to trade on Binance.
KuCoin another new exchange but a robust one to trade popular cryptocurrencies like Ethereum.
In terms of volume of Ether, you will never find any issue on the exchange. To get started you just need to register on it using your email ID and deposit BTC or any other supported currency to buy ETH.
They too like Binance, are strictly crypto-to-crypto exchange where you will not fina fiat pairs like USD/EUR etc.
KuCoin has a very neat UI and is a pretty good exchange to trade even for the first-timers. And another good thing about this exchange is that they are having mobile apps for the users who want to buy ETH on the move.
Note: You can also claim 50% discount on your trading fee by holding native KCS tokens of KuCoin exchange.
Bibox is a new upcoming exchange in the crypto-sphere and is under constant improvement to become the smartest AI enabled cryptocurrency exchange.
The volume is pretty decent on this exchange for Ethereum like crypto-asset so you can anytime head to Bibox exchange to buy ETH.
To start with you just need to register and login using your email ID and they have been constantly updating their mobile app to make it one of the best in the industry for people who like to buy Ethereum on the go. (Android App | iOS App)
Note: You can also claim 50% discount on your trading fee by holding native BIX tokens of Bibox exchange.
CEX.io, one of the trusted and oldest cryptocurrency player in the crypto space. It has been operating since 2013 from the UK and provides access to many major cryptocurrencies like Ethereum to its users.
You can register on CEX using ur email ID and go through the mandatory AML/KYC process for which you will be required to submit certain documents.
After you verification is done you can do a wire transfer to CEX.io and purchase ETH from it. They also have mobile apps for smartphone lovers. You can also deposit and withdraw funds directly from the mobile app. The UI is very sleek, and CEX mobile app offers one of the best user experience while trading your cryptos on the Go! (Download CEX Android app | Download CEX iOS app)
Coinbase is another pioneer cryptocurrency exchange based out of the US that provides easy ways to buy/sell Ethereum.
Using Coinbase you can simply deposit your fiat currencies like USD/EUR/GBP etc and purchase ETH in exchange for that.
But it serves in very limited countries so do check if they serve your country or not (check here) and sometimes the waiting time for your actual Ethereum cryptocurrency can be long because it serves millions of customers every month.
If you are habitual of buying Bitcoin from LocalBitcoins which is a P2P exchange for bitcoins and you are out looking something similar for Ethereum too then look at LocalEthereum.
LocalEthereum is a peer-to-peer ether portal that allows its users to swap ether (ETH) and fiat (USD, GBP, EUR, etc.) directly with other people, using end-to-end encryption and decentralized Ethereum-powered escrows.
You can pay fiat in many ways and get it exchanged for Ether via LocalEthereum.
And this way of exchange is the safest because in LocalEthereum you always control the private keys of your funds so there is absolutely no chance of fraud until unless you do a mistake.
You can learn from our extensive guide on LocalEthereum, how you can use this exchange for your benefit.
Buying Ethereum with credit/debit cards is another very easy way to getting hold of your Ether tokens. There are many popular services that provide you such options. But to use these services you need to do AML/KYC and configure your card well before. And once the verification is complete and card approved you can instantly buy ETH with your credit/debit cards
Services/exchanges to buy Ethereym with credit/debit card are:
Conclusion: Ways To Buy/Sell ETH [Ethereum Cryptocurrency]
So that's it from my side in this write-up of how & where to buy ETH.
I will keep updating this article as and when I get to know about more such secure ways of buying Ethereum.
Caution: Never store your ETH with these services for long and always prefer an Ethereum wallet where you control your private keys such as Ledger Nano S.
Now, it's your turn to recommend any more ways that you know about how & where to buy Ethereum safely and securely. Do let us know in the comments section below.
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