Finance

How to Buy Ether (ETH) in USD

Marketscap.com

Ether or ETH is amongst the most popular cryptocurrencies all across the globe. It is seen as both a utility as well as a tradeable asset. One other major reason for its popularity is its price. It is way cheaper than Bitcoin, so many choose Ether because it is a good asset for investment. The volatile crypto market keeps the short-term investment profitable, while the trust of various big whales ensures longevity.

Ether is one of the top cryptocurrencies that is broadly traded by people on the many cryptocurrency exchanges that have cropped up. To be able to buy, sell or trade ETH with fiat over the internet, you need to find a cryptocurrency exchange that offers both crypto-to-crypto and crypto-to-fiat trading. Another thing to keep in mind is the transaction cost charged by the exchange platform.

Various exchanges offer the opportunity to buy or sell ETH to USD. Marketscap.com is amongst these leading platforms. It offers unparalleled market access with a vast number of cryptos at no commissions. The high-end features offered make it perfect for both amateurs and professional traders.

The transparent ETH/USD rates and high margin rates available can make an exchange reliable.

How to Buy Ether

Step 1: Create an account on a reputed exchange with a low commission rate.

Step 2: Get your account verified. Upload all the required documents to get quick clearance.

Step 3: Depending upon your bank or the wire transfer, putting fiat currency in your account will take 3-5 business days.

Step 4: Once you receive USD in your exchange platform’s account, you can easily buy ETH with it.

Step 5: Once you have purchased Ether, withdraw the ETH to a secure cold wallet to protect it from any unwanted scams or hacks.

Step 6: Remember to secure your wallet address, password and private key on a private source.

 

About the author

Paul Petersen

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