Actually, there is a number of options a person can choose from if he/she wants to get Ethereum (its trading name is ETH). Today we’ll tell you about the ways by means of which you can get some Ethereum. Based on the information provided in this article you can decide which of the ways is the best for you. All in all, there are the following ways that we consider to be the most reliable and efficient:
You can use your Fiat currency to buy Ethereum
There are exchangers that allow you to get Ethereum in exchange for fiat currency. In particular, these exchangers allow to use the local currency of your country to buy ETH. If you’re interested in buying Ethereum using dollars, euros or yuans, be sure to visit Kraken website. You can also find an article about this website that exchanges fiat currency for cryptocurrency on our site. Most often, you get ETH on your wallet right after the exchange operation you carry out is finished (don’t forget to type in the address of your wallet). You can find a website on the Internet where all the exchange websites are mentioned. All you need to do is to find the one that’s most comfortable for you in terms of the exchange rate and exchange pair.
You can use bitcoins that you have in order to buy Ethereum
If you’ve already looked through the list of websites that exchange your fiat currency for ETH and you struggle to find one where your currency is taken or you think that the exchange rates are too high, there is one more approach you can use to get ETH. The first thing you’ll need to do is buy bitcoins (if you already have them, that makes it easier for you).
We believe one of the best websites you can use to achieve the goal is Coinbase. However, there are some things to keep in mind if you’re going to use it. The website isn’t supported in lots of countries and there is a limit in terms of the number of debit cards that can be used to pay for bitcoins. So if the limit is already exceeded, you’ll have to buy the next day. Apart from the Coinbase, there are other websites offering users an opportunity to buy bitcoins. If you want to find the list of them, just google (this list is also published on our website, by the way).
Let’s say you’ve found a website where you can successfully buy bitcoins. Just do it! Be ready to wait for some time before the bitcoins are credited to your wallet. You should also be ready to go through a number of processes before buying. This is the requirement set by the legislation.
Once you get bitcoin, don’t hesitate to find an exchange website that allows you to get ETH instead of BTC (this is the exchange pair you should look for).
You can start mining in order to get Ethereum. This way you’ll get as much as you can
If neither of the options mentioned above suits you, you can mine Ethereum. In fact, there are also a couple of options you have when it comes down to mining. You can either do it yourself or buy a contract with a cloud mining service.
If you think that you’d be better off mining by yourself, we have to warn you that this process requires serious preparation. If you don’t know what you should start from, you can find our guide devoted to how to build a good mining rig and one more guide that describes in details all the stages of mining alone.
If you decide to connect to a mining pool with the view of reducing risks, that’s your right. Actually, the majority of the miners nowadays prefer mining when being connected to a mining pool even if there is a price to pay for the contract before you start. It’s an easier way to mine because all the hard job is done for you. You can mine either BTC or ETH. It’s all up to you here. We have a list of the contracts you can buy published on our website.