How to Buy Ethereum (ETH): A Step-by-Step Guide

Introduction

When buying Ethereum, there are a few things to think about, like picking an exchange to buy it from and the method of transaction. Luckily, we’ve put together a list of trustworthy exchanges to assist you with the process.

Step-by-step guide

1. Choose an Exchange
Research and select a cryptocurrency exchange that operates in your country and supports Ethereum trading. Consider factors such as fees, security, and user reviews.
Platform Coin Price
Nexo Ethereum (ETH) 1,757.31
PrimeXBT Ethereum (ETH) 1,756.25
Uphold Ethereum (ETH) 1,756.17
EarnPark Ethereum (ETH) 1,754.25
YouHodler Ethereum (ETH) 1,758.36
Kraken Ethereum (ETH) 1,757.77
See all 82 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Price
Nexo Ethereum (ETH) 1,757.31
PrimeXBT Ethereum (ETH) 1,756.25
Uphold Ethereum (ETH) 1,756.17
EarnPark Ethereum (ETH) 1,754.25
YouHodler Ethereum (ETH) 1,758.36
Kraken Ethereum (ETH) 1,757.77
See all 82 prices
3. Fund Your Account
Move funds to your exchange account using supported payment methods such as EFT, credit card, or debit card.
4. Navigate to the Ethereum Market
Once your account is funded, search for "Ethereum" (ETH) in the exchange’s marketplace.
5. Select a Transaction Amount
Type in the amount of Ethereum you want to buy.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy ETH" or equivalent button.
7. Complete Transaction
Your Ethereum purchase will be processed and deposited into your exchange wallet in just a few minutes.
8. Transfer to a Hardware Wallet
It’s always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

Platform	Coin	Price
Nexo	Ethereum (ETH)	1,757.31
PrimeXBT	Ethereum (ETH)	1,756.25
Uphold	Ethereum (ETH)	1,756.17
EarnPark	Ethereum (ETH)	1,754.25
YouHodler	Ethereum (ETH)	1,758.36
Kraken	Ethereum (ETH)	1,757.77

Platform	Coin	Price
Nexo	Ethereum (ETH)	1,757.31
PrimeXBT	Ethereum (ETH)	1,756.25
Uphold	Ethereum (ETH)	1,756.17
EarnPark	Ethereum (ETH)	1,754.25
YouHodler	Ethereum (ETH)	1,758.36
Kraken	Ethereum (ETH)	1,757.77

What to be Aware of

When buying Ethereum, it’s important to choose a reputable exchange that is easy to use and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.

Latest Movements

Ethereum (ETH) is presently priced at US$3,597.86 with a 24-hour trading volume of US$29.14B. In the past 24 hours, Ethereum has experienced a decrease of -0.77%. The market cap of Ethereum stands at US$391.24B, with 120.48M ETH in circulation. For those interested in buying or trading Ethereum, Nexo offers ways to do so safely and efficiently

Market cap: US$391.24B
24h trading volume: US$29.14B
Circulating supply: 120.48M ETH

See the latest information

Frequently Asked Questions About Buying Ethereum (ETH)

What factors influence the price of Ethereum (ETH)?: The price of Ethereum (ETH) is influenced by various factors, including market demand and supply dynamics, network upgrades, and technological advancements. Additionally, investor sentiment, regulatory developments, and macroeconomic trends play significant roles. Events such as forks or changes in the Ethereum protocol can also impact the price. Staying informed about these factors is essential for effectively tracking Ethereum's market performance. Be sure to check Bitcompare for real-time price comparisons and the latest news.
How can I monitor the current price of Ethereum (ETH)?: You can track the current price of Ethereum (ETH) through various cryptocurrency exchanges and financial news websites. Bitcompare offers real-time price comparisons across multiple platforms, ensuring you have the most accurate and up-to-date information. By utilizing our email rate alerts, you can stay informed about significant price changes and trends. Bookmarking our page will help you easily access the latest Ethereum prices and news whenever you need it.
What is the historical price trend of Ethereum (ETH)?: Since its launch on July 30, 2015, Ethereum (ETH) has experienced significant price fluctuations. Initially priced at just a few dollars, ETH reached an all-time high of over $4,800 in November 2021. Price trends are influenced by factors such as market adoption, technological developments like the transition to Ethereum 2.0, and broader market conditions. Historical data can provide insights into ETH's performance, helping you understand its potential future movements. Regularly check Bitcompare for comprehensive market analysis.
What are the best platforms for purchasing Ethereum (ETH)?: Ethereum (ETH) can be purchased on various cryptocurrency exchanges, including well-known platforms like Coinbase, Binance, and Kraken. Bitcompare also provides real-time price comparisons across multiple exchanges, enabling you to find the best rates for your purchases. When selecting a platform, consider factors such as security, fees, and user experience. Ensure you stay updated on the latest Ethereum news and market trends through Bitcompare to make informed purchasing decisions.
How do Ethereum's network upgrades affect its price?: Ethereum's network upgrades, such as the transition to Ethereum 2.0, can significantly impact its price. These upgrades aim to enhance scalability, security, and energy efficiency, which can boost investor confidence and demand. For instance, the shift from proof-of-work to proof-of-stake is expected to reduce ETH supply over time, potentially leading to price appreciation. Monitoring these developments is crucial, and Bitcompare provides the latest news and market sentiment analysis to help you stay informed.