🔥 Buy Ethereum Guide | Paypal, Credit Card & SEPA
If you deal with the topic of cryptocurrencies, you will come across Bitcoin relatively quickly - and shortly afterwards you will probably come into contact with Ethereum. Ethereum is, so to speak, a foundation that forms a completely new era of the internet. It's about an Internet in which money and payments are integrated, in which access to a completely open financial system is offered, and ultimately it's about an Internet that is built on a completely neutral Open Access infrastructure - so there are no controls a company, government or person there.
Buy Ethereum from Germany, Austria & Switzerland Instructions:
In Germany, Austria and Switzerland you can easily buy coins of the crypto currency Ether or Ethereum. If you want to buy coins, you have to access a crypto exchange. This means that you have to decide in advance for a crypto exchange, register and then deposit money in order to start the purchase process. eToro may primarily be perceived as a social trading platform, but it is also a crypto exchange through which you can then buy ether.
Step 1: Register with eToro
Anyone who has decided to buy Ether can open an account with eToro. It should be noted that you only need a few moments here to be able to access the many functions of eToro. The social trading broker only needs a few personal details - this includes the first and last name, a valid email address and the password so that the new user can log in after registration. Once the account has been opened and the first credit has been transferred, it is possible to buy ether immediately.
Step 2: Deposit with PayPal, credit card or instant transfer
Due to the fact that eToro accepts various deposit methods, you will surely find the variant that suits you.
The following deposit methods are available to users:
- Credit card
- Bank Transfer
Please note that there are different processing times. Anyone who uses Sofortüberweisung, credit card or PayPal, for example, can access their credit immediately - with a bank transfer you have to be patient for two to four working days in order to be able to trade on eToro.
Step 3: Buy and sell Ethereum (ETH)
Once the money has been booked on the eToro account, you can take a closer look at the crypto market and now buy coins. In the upper area you can either click on "Kryptos" or use the search function on the left to be able to call up Ether directly. Once you have found the crypto currency, you get charts, statistics and information presented. Simply click on "Trade" and you can start pumping your money into the crypto currency.
If you are of the opinion that the cryptocurrency has reached the desired price in order to be able to book a corresponding profit in the course of a sale, the same process is carried out, but in the wrong order. That means, you indicate how many coins you want to sell and confirm the process. The credit that is then created is transferred to the eToro account.
It is important that you make it clear in advance what price you want to sell at. This means that you should answer the question of how high the profit should be before investing.
Ethereum (ETH) buy deposit methods
You can top up your account in different ways via eToro in order to be able to buy coins of the crypto currency Ether.
Buy Ethereum (ETH) PayPal
eToro accepts deposits via the online payment service provider PayPal. It is one of the best-known platforms that not only has appropriate security precautions (keyword: buyer protection), but is also known for transferring money within seconds. That means, if you have credit on your PayPal account, you can transfer it directly - and within seconds - to the eToro account.
Buy Ethereum (ETH) Sofortüberweisung
Also possible without any problems and without spending a lot of time - the transfer by instant transfer. In this case, only IBAN and Swift / BIC have to be specified, and the selected amount can be transferred to the eToro account.
Buy Ethereum (ETH) credit card
If you have a credit card, you can top up the eToro account with your VISA or MasterCard. This process also only takes a few moments. Enter the name on the credit card, the credit card number, the expiry date and the security code on the back.
Buy Ethereum (ETH) with Paysafecard
eToro does not accept deposits with the Paysafecard.
How to buy and sell Ethereum
Ether can be purchased without registration, i.e. anonymously, and without further verification.
Buy Ethereum without registration
Ether coins can be purchased without registering - for example, as part of a peer-to-peer transaction with a private person who sells Ether privately. However, registration is required via eToro.
Buy Ethereum anonymously
It should be noted that there is storage in the blockchain. Even if no references to private data are stored, there is information about the amount that has been transferred.
Buy Ethereum without verification
A verification does not always have to take place after registration. Thus it is not always necessary to confirm the identity.
Where to buy Ethereum (ETH) cheapest: Crypto exchange fees comparison
Coins of the crypto currency Ether can be bought particularly cheaply at eToro and Libertex, whereby Plus500 can also be mentioned at this point.
Buy Ethereum or not: Is it worth buying Ethereum
Ether set its all-time high on January 13, 2018 - at that time, an amount of 1.448 US dollars had to be paid for a coin. At the current time (as of mid-November 2020) the price is 460 US dollars. Ether is thus around 70 percent away from its all-time high.
If you take this distance from the record price from 2018 into account and look at the forecasts, so that many experts assume that the crypto market will gain even more strength in the foreseeable future, especially due to the predicted soaring of Bitcoin, it is definitely advisable to invest in ether.
Other special features when purchasing Ethereum (ETH)
Ethereum has been around since 2015. Like other blockchains, the world's leading programmable blockchain has a native crypto currency - this is called Ether (ETH), but is also often referred to as Ethereum. It should be noted that the Ethereum blockchain is programmable. This means that it is possible to create completely new applications here.
These are decentralized applications, so-called dApps, that benefit from the cryptographic conditions of digital currencies and blockchain technology.
Buy Ethereum Miner
In this case it must be clarified whether the mining of ether is still in relation to the actual costs and the yield.
Buy Ethereum stock
There are no Ethereum stocks, but it should be mentioned at this point that there are companies that work with Ether. This means that anyone who buys shares in companies that have anything to do with ether can sometimes also make a profit if the price of the crypto currency rises, provided the rising price on the crypto market has a positive impact on the stock corporation. This is an indirect investment.
Buy Ethereum Conclusion: This is the best way to buy Ethereum
Due to the fact that Ether is not (yet) as expensive as Bitcoin, but the potential should not be underestimated, as it is the "number 2" on the market, it is very advisable to use some of the savings to put in this cryptocurrency. Because the forecasts are very promising. And with eToro you have a partner by your side, through whom an investment can definitely be recommended.