in Ethereum (ETH)
Ethereum has pulled off a coup in successfully moving from proof of work to proof of stake. With that, we’re revisiting the second largest digital asset project by market cap. to walk you through your options in terms of how you can buy Ethereum (ETH).
What is Ethereum?
Ethereum is the original blockchain developed with the vision of providing a smart contracting ability so that dApps could be built out on the network.
The Merge has been lauded as quite the feat, with some using the analogy of it being akin to swapping out an engine while the car is still moving.
But this is just the start. Ethereum co-founder Vitalik Buterin has acknowledged that Ethereum remains incomplete and that there’s lots more development work to come.
If you need to reference Ethereum pricing info. either now or at some point in the future, you can access real time data on Exodus here -> Ethereum Price page.
Buy Ethereum with credit card
If you’ve wondered how to buy ETH with a card and where to buy Ethereum using the plastic fantastic, Exodus has you covered. The platform supports Ethereum instant purchases via card for residents of all but three of the 50 US states, as well as over 160 countries internationally.
To make your seamless card purchase on either the mobile or desktop Exodus application, click on ‘buy crypto’ and choose to make the card payment via Exodus’ partners MoonPay or Ramp Network. The right choice for you will auto-populate in the box, depending on your location.
As an added bonus, mobile payments systems such as Apple Pay and Google Pay are enabled via Exodus for US residents. Once again, this option appears once you click on the ‘buy crypto’ icon.
Buy Ethereum with bank transfer
People’s circumstances differ, so there can never be enough options. Buying ETH with bank transfer is another one. Regardless of whether your bank account is denominated in USD, EUR or GBP, the Exodus applications enable you to make your Ethereum purchase.
Through a collaboration with Ramp Network, Exodus can facilitate transfers of up to 2500 Euro via Single European Payments Area (SEPA) bank transfer for Europeans.
To provide greater strength and depth, Exodus has also partnered with MoonPay. This enables European, British and Brazilian customers to purchase Ethereum via their bank accounts. As with the other options outlined above, you are given the opportunity to select this form of payment by clicking on the ‘buy crypto’ icon.
Buy Ethereum via a token swap
Payment options don’t come more seamless than Exodus’ token swap option. There are over 230 different crypto assets available to buy via the Exodus app, while countless others are available to add as custom tokens.
You can swap out any of the 230 crypto assets supported on the Exodus platform to the ETH token instantly. You can also make use of Exodus' built-in exchange app, or link your Exodus wallet with the FTX exchange.
Buy Ethereum with PayPal
At first glance, this would seem like a frictionless way in which to buy Ethereum. We all have an old PayPal account so no need to go through account verification, right?
If only it were that easy! Beyond the need for a PayPal account, you’ll also need to open an account with brokerage company eToro - so you’ll have to go through account verification with eToro instead.
In the case of both companies, each of them adds their own service fees. Both are heavily regulated and that will also have consequences in terms of usability. Lastly, having funds in a custodial wallet is not ideal. It’s far better to take control yourself and non-custodial solutions like Exodus allow you to do that.
If you’ve been asking yourself questions like should i buy Ethereum? or when to buy Ethereum?, at Exodus we don’t get involved in giving financial advice, let alone making suggestions related to timing the market!But we hope that you agree with us when we say that when it comes to the best place to buy Ethereum, you don’t have to look any further than Exodus!
This content is for informational purposes only and is not investment advice. You should consult a qualified licensed advisor before engaging in any transaction.