Ethereum

How to get Ether / Ethereum

There are a few ways to buy Ethereum, Ether or ETH (it's trading ticker name), and this guide is going to show you how you can get hold of some in the easiest way possible. Just like Bitcoin there can be quite a few cumbersome hoops to jump through but hopefully we can show you the best method to suite yourself. You can buy it with fiat currency, buy it with bitcoin or you can mine it.

 

Buy Ether with Fiat Currency:

There are a number of fiat exchanges and portals that you can use to buy ethereum, or ether, directly with local fiat currency such as dollars euros or dirhams. We recommend Bitmeex.pro as the fastest and most convenient way to buy Ether for dollars or dirhams.

 

Buy Ethereum with Bitcoin:

If you can't find the right currency to trade into or you think the bid ask spread is too high or there isn't enough liquidity you will have to buy it another way. The best way to do this is to buy bitcoin first. 

One of the least hassle ways to buy bitcoin is to use Coinbase. Unfortunately Coinbase is only supported in a few countries and their pay by debit card feature is limited to a certain quantity per day. There are other exchanges you can use like Bitmeex.pro

Once you have found the right place to buy some bitcoin.... buy some. There are some loopholes to go through usually that can make the process painful, but that is only Companies trying to comply with legislation on KYC and AML.

Now you have bitcoin you can get ETH or ether by using one of the exchanges that operates a BTC-ETH pair.

 

Mine Ethereum:

Another option to get hold of some ether is to to mine Ether yourself. You will also want to join a mining pool to reduce the volatility of returns. Alternatively, you can also try buying a cloud mining contract with Hashflare or Genesis Mining.

We advise to look closely into the costs of operation and Return-of-Investment. Ethereum mining requires very low electricity costs to be profitable.