How To

How to Buy Ethereum Online Instantly?

The year 2017 has been especially prosperous for Ethereum. The pandemonium regarding ICO, proof-of-stake and EEA is evidence enough that Ethereum has already created a place for itself in the cryptospace despite being relatively new in the competition. Ether is being sold like hot cakes in the digital market and has taken the second position after Bitcoin. You can barter your Bitcoin tokens on Poloniex or Bittrex in exchange for Ether. However, this is a time-consuming process which defeats the entire purpose of purchasing cryptocoins. In case you are not willing to go through this long-drawn process (and we highly recommend that you shouldn’t), then you can make a direct purchase on an exchange platform using your debit or credit card.

Initially, online exchange platforms only accepted wire transfers or cryptocurrencies, but with the latest breakthrough developments in the cyberspace, many have started accepting debit and credit cards as a means of payment. Some of the popular websites which accept card payments are Coinbase, Changelly and CEX.io.

1. Coinbase: This US-based platform is known for its exchange facilities and also supports the direct purchase of Ether using your 3D secure credit or debit cards. If you are a resident of any of the 32 countries where Coinbase presently serves, you can make an online purchase by registering yourself and then validating your identity. Coinbase will verify your card details by making two minor transactions before the major purchase takes place. Once you have added your debit or credit card to your Coinbase account (on the browser or the mobile app), you can choose Ether as your preferred choice of currency and buy it online. Coinbase charges a standard transaction fee of 3.99%.

2. CEX.io:
An UK-based platform that supports the buying and selling of Ehtereum, CEX has been in the market since 2013 and has already established itself as a brand in the cryptospace. You can make instant purchases on CEX using your Master or Visa cards. The card verification process is a little lengthy and may take around 1-2 days. Once your card has been verified, you can make your purchase in no time at all!

3. Changelly:
One of the leading multi-currency platforms, Changelly supports the instant purchase of Ether using your debit or credit card. You can sign up on Changelly and get an idea of the exchange rates of Ether for almost all currencies. However, Changelly has a few restrictions for different countries when it comes to purchasing Ether.

As of now, you are clear about the purchase of Ethereum by various means.You can further take a look at Ethereum Cloud Mining and know more about it. It is always seen that the users who invest in Ethereum do check for Ethereum Mining to make some extra profits.

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