Second only to Bitcoin by market capitalisation, Ethereum is a blockchain powered by its native cryptocurrency, ETH. Host to thousands of decentralised applications (dApps) from DeFi projects such as Curve and Bancor to NFT marketplaces such as Opensea, many projects built on Ethereum are starting to gain mainstream attention.
With the honour of being the first blockchain to popularise smart contracts, under the leadership of Vitalik Buterin, Ethereum has carved the foundations for the beginning of a new type of internet known as Web 3.0. This page will guide you through the process of buying Ethereum, reveal what Ethereum can do and show you how to store it securely.
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Most Popular
1
Min Deposit
$100
Promotion
User Score
10
Access the world’s most popular Crypto assets including Bitcoin, ETH, LTC, XRP
eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 60+ Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/">Take 2 mins to learn more</a>.
Table of Contents
Most Popular
1
Min Deposit
$100
Promotion
User Score
10
Access the world’s most popular Crypto assets including Bitcoin, ETH, LTC, XRP
eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 60+ Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/">Take 2 mins to learn more</a>.
2
Min Deposit
$0
Promotion
User Score
9.3
Offers 10+ crypto CFDs, allowing traders to diversify their portfolios and take advantage of different market movements.
24/7 market availability, even on weekends, enabling traders to react to price changes at any time.
Beneficial competitive trading costs, with spreads starting from 0.22%
XTB is a leading financial services provider that offers a comprehensive crypto trading platform. With access to over 10 crypto CFDs, including popular cryptocurrencies like Bitcoin, Ethereum, Stellar, and Dogecoin, XTB caters to both novice and experienced traders. Their platform ensures 24/7 market availability, competitive trading costs, and robust security measures supervised by the FSC.
Payment Methods
Bank Transfer, Credit Card, PayPal, skrill
Full regulations list:
CNVM Romania, CySEC, FCA, IFSC
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3
Min Deposit
$100
Promotion
User Score
8.7
8000+ trading instruments with competitive conditions
Admirals is a multi-award-winning online financial broker offering competitive spreads and low commission charges. Admirals offers trading in Forex and CFDs on multiple products, including energies, stocks, bonds, ETFs, indices, and metals. Admirals offers a wide range of free webinars, seminars and videos. Clients can choose from a wide range of account options depending on their trading and instrument preferences.
Payment Methods
Full regulations list:
ASIC, CySEC, FCA, FSA
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3 steps to buy Ethereum
Step 1: Sign up to a broker or exchange
Register with a brokerage or crypto exchange where you can purchase Ethereum. You’ll need to provide some personal identification and your contact details before your account can be created. Known as KYC, or ‘know your customer’, a term you’ll come across when signing up, it’s a bit like opening a bank account.
Deposit some funds into your trading account so you can buy some ETH. Deposits can be made using your credit or debit card, bank transfer or you can also buy Ethereum with PayPal. The transaction with a card should only take a few minutes but if you use a bank transfer it could be longer.
Step 3: Buy Ethereum (ETH)
In the search bar of the exchange, type in ETH. When it appears, select it and then enter the amount that you’d like to purchase. When you’re happy with the amount, click the buy button and you will have converted your fiat currency into Ethereum.
Where to buy Ethereum
You can buy ETH from a number of different trading platforms. Below are some of the best exchanges and brokers to pick up ETH.
Most Popular
1
Min Deposit
$100
Promotion
User Score
10
Access the world’s most popular Crypto assets including Bitcoin, ETH, LTC, XRP
eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 60+ Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/">Take 2 mins to learn more</a>.
2
Min Deposit
$0
Promotion
User Score
9.3
Offers 10+ crypto CFDs, allowing traders to diversify their portfolios and take advantage of different market movements.
24/7 market availability, even on weekends, enabling traders to react to price changes at any time.
Beneficial competitive trading costs, with spreads starting from 0.22%
XTB is a leading financial services provider that offers a comprehensive crypto trading platform. With access to over 10 crypto CFDs, including popular cryptocurrencies like Bitcoin, Ethereum, Stellar, and Dogecoin, XTB caters to both novice and experienced traders. Their platform ensures 24/7 market availability, competitive trading costs, and robust security measures supervised by the FSC.
Payment Methods
Bank Transfer, Credit Card, PayPal, skrill
Full regulations list:
CNVM Romania, CySEC, FCA, IFSC
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3
Min Deposit
$100
Promotion
User Score
8.7
8000+ trading instruments with competitive conditions
Admirals is a multi-award-winning online financial broker offering competitive spreads and low commission charges. Admirals offers trading in Forex and CFDs on multiple products, including energies, stocks, bonds, ETFs, indices, and metals. Admirals offers a wide range of free webinars, seminars and videos. Clients can choose from a wide range of account options depending on their trading and instrument preferences.
Payment Methods
Full regulations list:
ASIC, CySEC, FCA, FSA
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Why buy Ethereum (ETH)?
The Ethereum network is home to the most popular decentralised finance applications and decentralised marketplaces for cryptocurrencies and NFTs. New dApps and creations are constantly being released on Ethereum.
Being such a large platform with thousands of use cases, Ethereum has arguably been a victim of its own success and has suffered from congestion and painfully high gas fees. This has led to many developers migrating to other similar blockchains such as Solana, Polygon and Avalanche.
That said, Ethereum remains the biggest blockchain project by market capitalisation, second only to Bitcoin. And it’s now in the process of fixing its issues with its hotly anticipated upgrade, which will, according to its website, ‘scale to meet global demand while improving security and decentralisation’.
The Ethereum token can be used to pay for transaction fees on the Ethereum network and staking. Since 2021 the Ethereum token has become deflationary and the development of its consensus layer—a vital part of its upgrade—should give Ethereum the level of functionality that dedicated users have come to expect.
If you’re interested in decentralised finance and want to get involved in NFTs, decentralised applications or making your own dApps then buying some ETH is essential.
Where to store your Ethereum
Outside of cryptocurrency exchanges and brokerages, you can store your Ethereum in a digital wallet. Metamask and Trustwallet are two of the most widely used browser wallets for storing Ethereum safely. Hardware wallets such as Ledger Nano and Trezor are great USB wallets with greater security. You can use the links below to purchase a hardware wallet for yourself.
eToro is a multi-asset investment platform with more than 2000 assets, including stocks, ETF’s, indices, commodities and Cryptoassets. eToro offers over 60+ Cryptoassets to invest or invest in their CryptoPortfolio where investors can benefit from the accumulated growth of Bitcoin, Ethereum, XRP, Litecoin and other leading cryptocurrencies. eToro users can connect with, learn from, and copy or get copied by other users.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/">Take 2 mins to learn more</a>.
2
Min Deposit
$0
Promotion
User Score
9.3
Offers 10+ crypto CFDs, allowing traders to diversify their portfolios and take advantage of different market movements.
24/7 market availability, even on weekends, enabling traders to react to price changes at any time.
Beneficial competitive trading costs, with spreads starting from 0.22%
XTB is a leading financial services provider that offers a comprehensive crypto trading platform. With access to over 10 crypto CFDs, including popular cryptocurrencies like Bitcoin, Ethereum, Stellar, and Dogecoin, XTB caters to both novice and experienced traders. Their platform ensures 24/7 market availability, competitive trading costs, and robust security measures supervised by the FSC.
Payment Methods
Bank Transfer, Credit Card, PayPal, skrill
Full regulations list:
CNVM Romania, CySEC, FCA, IFSC
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
3
Min Deposit
$100
Promotion
User Score
8.7
8000+ trading instruments with competitive conditions
Admirals is a multi-award-winning online financial broker offering competitive spreads and low commission charges. Admirals offers trading in Forex and CFDs on multiple products, including energies, stocks, bonds, ETFs, indices, and metals. Admirals offers a wide range of free webinars, seminars and videos. Clients can choose from a wide range of account options depending on their trading and instrument preferences.
Payment Methods
Full regulations list:
ASIC, CySEC, FCA, FSA
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Frequently Asked Questions
Nobody knows what the price of Ethereum will be in the future, but the general outlook is that the price of Ethereum can go much higher.
NFT marketplaces such as Opensea accept payments in Ethereum. Other NFT marketplaces that use the Ethereum token are Foundation and Super Rare.
You can mine Ethereum using a computer or even a mobile phone. Mining involves using a computer to validate blocks of transactions on a blockchain network such as Ethereum. Miners who successfully validate a block will receive a reward in Ethereum.
There is no set date for when this will be ready but most sources in the Ethereum and crypto community point to sometime in 2022. The upgrade will introduce shard chains into the Ethereum network. Shard chains split the network into small chunks to allow data to pass through more quickly which speeds up transactions. You can read more about the upgrade and shard chains by visiting the official Ethereum website.
All non-custodial desktop and browser wallets are free to download and use. Hardware wallets need to be bought as they are physical usb’s. Many people use browser wallets to connect to decentralised finance applications or to purchase NFTs. They are considered safe as long as your password or key phrase to your non-custodial wallet never gets revealed to a third party. Sharing your key phrase can put your wallet at risk.
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