Top Ethereum Exchanges: Where to Buy Ethereum

Top Ethereum Exchanges: Where to Buy Ethereum

Ethereum was launched on the cryptocurrency exchanges in mid-2015 and rapidly cemented itself as one of the leading crypto coins to invest in. By the end of 2017, Ether’s value soared by 40 times its January price, thanks largely to investors understanding its potential to revolutionise many industries around the world.

That’s because Ethereum is considered by several crypto experts to be Blockchain 2.0. It endeavours to improve on the initial Blockchain technology by implementing smart contracts, eliminating the need for third-party interference in so many ways. Ether’s popularity has also risen as it is the fuel which powers the ‘nodes’ that operate the decentralised, open-source Ethereum network. As more applications and services integrate within the Ethereum network, the demand and price for Ether will naturally rise.

As the second most popular cryptocurrency in the world today, Ethereum is definitely a good starting point for any new cryptocurrency investor. Although some attempt to mine Ether, the up-front processing costs of doing so quickly put newcomers off. Fortunately, there are many reputable exchanges that allow you to buy and sell Ethereum quickly and safely. So if you’re wondering where to buy Ethereum, it’s time to take a closer look at the five leading Ethereum exchanges for 2018.

Coinbase

The Coinbase platform is one of the longest-established cryptocurrency exchanges on the market. Established in 2012, it has proven to be a rock-solid platform for crypto investors of all experience levels. It specialises only in four leading coins, one of them being Ethereum. Transaction fees range from 1.49% to 3.99%, with fees for debit and credit card purchases higher than bank transfer fees.

eToro

If you like the idea of trading the price action on Ether but you don’t necessarily want to own your Ether outright, there is an alternative. eToro’s social trading platform makes it possible to invest in Ethereum and various other cryptocurrencies using Contracts for Difference (CFDs). These trades are based solely on whether the price of Ether will rise or fall. Furthermore, the social network side of the platform allows members to chat about potential investment opportunities on Ether and follow the trading angles of experienced investors.

Binance

Famed for its high liquidity, Binance is another exchange that’s quite popular, offering accurate and fair prices to buy and sell Ether. It offers multi-language customer support to help traders from all four corners of the globe to invest. Binance has markets for over 90 different cryptocurrencies, so you can trade with confidence.

Bitfinex

It is said that Bitfinex boasts one of the highest daily trading volumes of Ethereum. Unlike Coinbase, where fees for buying and Ether can cost you up to a further 3.99%, buying or selling with Bitfinex costs a maximum of 0.2%.

CEX.io

CEX.io has been allowing its users to trade Ethereum since 2016, when the platform scrapped its original cloud mining service to focus firmly on cryptocurrencies. This London-based platform offers simple buy/sell methods, with credit cards and bank transfers the main permitted deposit and withdrawal methods. Be careful though, as some transaction fees can cost as much as 7%!

By now, you should feel confident you know the basics of where to buy Ethereum. It might be your first time buying Ethereum, or – as we’ve heard from lots of our readers – you may not be satisfied with the service you’re already using. In any case, if you’re the sort of person who likes to look into things a bit more closely, you may want to read our easy-to-follow guide to buying Ethereum too.

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