• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, July 14, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto

How to buy Ethereum

by Srestha Roy
February 3, 2022
in Crypto, Ethereum, How to
Reading Time: 3 mins read
0
Ethereum
TwitterWhatsappLinkedin

You may have heard of Ethereum due to its role in the creation of NFTs. Or maybe you’ve noticed it’s the second-most popular cryptocurrency and want in on the action. Or maybe you’ve noticed the multiple new all-time highs it has set recently.

You might also like

How to send a Voice Memo on an iPhone?

How to unlock Bam Margera?

How to unlock ‘Friendbound Mutation’ in Grow a Garden?

Ethereum

Ethereum is one of two cryptocurrencies that investing experts recommend beginners stick to (the other being Bitcoin) because it is more established than other lesser-known cryptos. So, if you’ve decided that cryptocurrency has a place in your portfolio, are comfortable with the risks, and are ready to invest, here’s where to begin.

Developers can use the Ethereum blockchain to create applications known as decentralised applications (aka DApps). To gain access to that network, developers must purchase Ethereum’s associated token, ether (ETH). Similarly, users must pay in ether to interact with a decentralised application.

Investors can buy and hold ether as a long-term investment, similar to Bitcoin, in the hope that its value will rise in the long run. However, as with any cryptocurrency investment, the price of ether is likely to fluctuate significantly, particularly in the short term. Because of this volatility, investing experts advise keeping cryptocurrency investments to less than 5% of your total portfolio and investing only what you’re willing to lose.

Ethereum was launched in 2018, and it set several new all-time highs in 2021, the most recent being $4,800 in November. Over the last year, its value has ranged between $1,000 and $4,800 per coin. While Ethereum’s price has fallen slightly since its all-time high last year, it is still significantly higher than the $1,000 range it was in this time last year.

Ethereum’s price, like that of most cryptocurrencies, fluctuates a lot. Any cryptocurrency investment should be prepared for price fluctuations. If short-term price fluctuations bother you, you might want to reconsider investing in cryptocurrency altogether.

How to buy Ethereum

Pick a Cryptocurrency Exchange

As you cannot buy cryptocurrency through a bank or an online brokerage such as Fidelity or Vanguard, you must use a cryptocurrency trading platform. There are numerous cryptocurrency exchanges available, ranging from simple systems for novice traders to complex dashboards for advanced traders.

As Ethereum is so popular, most cryptocurrency exchanges will allow you to purchase it, but we recommend sticking to a few of the more popular exchanges, such as Coinbase, Gemini, or eToro. Ethereum is also one of the few types of cryptocurrency that can be purchased through platforms such as Venmo or PayPal. Different platforms charge different fees, have different security measures, and may include additional features, so it’s a good idea to do some research before signing up.

Fund Your Account

To open an account with a cryptocurrency exchange, you’ll most likely need to provide some personal information and verify your identity. Then you’ll be able to fund your account by connecting your bank account or debit card. Fees will most likely vary depending on the method you choose.

Funding your account does not imply that you have purchased Ethereum, and as with any investment account, you do not want to leave your uninvested funds in your account. At this point, you must purchase Ethereum in order to invest.

Place an Ethereum Order

After you’ve funded your account, you’ll be able to exchange your US dollars for Ethereum. Simply enter the amount of USD you want to exchange for Ethereum. Depending on the price of Ethereum and how much you want to buy, you will most likely be purchasing shares of a single Ethereum coin. Whatever amount you pay will be displayed as a percentage of the total ether coin.

Store your Ethereum

If you only have a small amount of cryptocurrency, it’s best to keep it in your exchange account. However, if you want to move your holdings to more secure storage, a digital wallet can provide more security. There are numerous types of digital wallets, each with varying levels of security.

 

Tags: #CryptocryptocurrencyEthereum
Tweet54SendShare15
Previous Post

Facebook says Apple iOS privacy change will result in $10B revenue hit this year

Next Post

Facebook Lost Users For the First Time Ever

Srestha Roy

Recommended For You

How to send a Voice Memo on an iPhone?

by Afeefa Ansari
July 14, 2025
0
voice-memo-iphone

Want to send a voice memo to someone on an iPhone? Follow the guide to know how you can record it and then share it with the people...

Read more

How to unlock Bam Margera?

by Afeefa Ansari
July 14, 2025
0
Tony-Hawks-Pro-Skater-3-4

Playing Tony Hawk's recently? Follow the guide to learn how you can unlock Bam Margera. We shall also see what makes the character so special and why he...

Read more

How to unlock ‘Friendbound Mutation’ in Grow a Garden?

by Afeefa Ansari
July 14, 2025
0
grow-a-garden

Do you want to get the ‘Friendbound Mutation’ in Grow a Garden? Follow the guide to know how you can do it and what the steps involved. Also,...

Read more
Next Post
Meta

Facebook Lost Users For the First Time Ever

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?