Buy Ethereum (ETH) Online with Credit & Debit Card
Bitcoin made it possible to transfer funds quickly and securely, without banks. And Ethereum made it possible to use blockchain technology for different automated digital solutions.
After the launch of the Ethereum computing network, its internal token, ETH has become the second high-demand currency. Together with Bitcoin, they have held the leading positions by global market capitalization for years. And if you want to learn how to buy Ethereum, CEX.IO may help you in making the initial steps.
How it works?
What to know before you buy Ethereum?
Even though the Ethereum network offers numerous solutions for businesses and retail customers, its native token is mainly used as a digital asset for trading and investing. Thus, buying ETH is quite similar to buying stocks but has certain peculiarities. Ether is a cryptocurrency meaning it’s not traded on traditional exchanges like CME Group. Also, ETH trading is not limited in time and is available 24/7 even on weekends and holidays.
First network of automated blockchain solutions
Ethereum founders aimed to open more possibilities with blockchain for everyday users. In the whitepaper, V. Butering described the use of smart contracts, special if-then automated algorithms designed to simplify the creation of decentralized applications. Later, the team behind Etherem created ready-to-use codes and protocols to build crypto platforms and tokens.
You probably know the most popular protocol, ERC-20, used by hundreds of projects for releasing new cryptocurrencies on top of Ethereum. Some of them you can buy on CEX.IO including Cardano (ADA), Polkadot (DOT), and more.
Use cases of smart contracts
Nowadays smart contracts help businesses to build automated supply tracking, offer simplified and faster banking services, assist the medical sphere in storing and sharing patients’ data, and more.
Best places to buy Ethereum (ETH) in your country
These days crypto trading is a popular alternative method of investment. So we can find many different places where to buy and sell digital assets. You can look for a crypto owner on the web and buy some coins from them directly. Another way is to check for a crypto ATM nearby. However, they’re available mostly in big cities like London or New York.
Using the decentralized crypto exchange (DEX) you can obtain some tokens by paying with other cryptocurrencies. And if you choose a cryptocurrency exchange with the support of fat payments, like USD or EUR, make sure they can operate in your country. Some jurisdictions don’t allow crypto purchases on the government level.
When looking for a place where to get Ethereum (ETH) tokens, pay attention to some essential criteria:
The simplicity of the interface
From the first sign, the point is logical — the easier the navigation, the faster you can buy crypto. But it’s not only about convenience. In most cases, a complicated interface means hidden fees so you hardly find this information and thus pay more for the services.
At CEX.IO you can find all the necessary info at a glance. Moreover, the detailed guides and complex educational blog articles will help you to deal with crypto like a pro.
Supported fiat and cryptocurrencies
The platform with a wide choice of currencies gives you more flexibility in your trading and investment goals. Say, if you buy Ethereum (ETH) using the crypto ATM, you can not convert these tokens back into fiat the same way. To do so, you’ll need to find a crypto-to-fiat exchange and transfer your ETH there.
CEX.IO is constantly expanding the list of supported crypto. At the time of writing, you can trade over 80 currencies and around 200 pairs, including ETH to EUR, BTC to USD, XRP to GBP, and more.
Available payment options
Most exchanges support debit and credit cards since this is a simple payment instrument customers are familiar with. Still, it’s better to have 1-2 alternative options, like bank transfers, PayPal, Skrill, etc. If that happens that you can not use your card, you can try another option to buy ETH.
CEX.IO works with different finance service systems, including Visa and Mastercard, SWIFT, SEPA, Faster Payments, ACH, Epay, Skrill, Advcash. More you can learn on the Limits and commissions page.
Step-by-step guide: How to buy Ethereum with VISA or Mastercard
One of the reasons for a person to get the ETH is to use it on the Ethereum platform. The token may serve as compensation for node performance. At the same time, in many cases, buying the altcoin may be viewed by some people as an investment in the future.
While the price of ETH is growing, some individuals may be willing to make money out of its increase. But no matter what the stimulus for obtaining a crypto coin is, the easiest way to get it is to buy Ethereum with a credit card via an online exchange platform. CEX.IO customers can do that in a few simple steps:
1. Go to the Buy/Sell page or choose the Instant buy service from the Products list on the index page.
2. Choose ETH from the drop-down list as shown on the screenshot above. Decide how many tokens to buy.
3. Select a linked card to pay with or enter the card number and card expiry date of the new one you want to use this time.
The whole process will take just a few minutes and you’ll get ETH on your CEX.IO account immediately. In the same way, you can buy Bitcoin (BTC), Cardano (ADA) Binance Coin (BNB), and more. And if you still don’t have an account with CEX.IO, here is a detailed instruction on how to get started and get your first crypto with minimum effort.
1. Register with CEX.IO
You need your active email address for this, it will be your login for all CEX.IO products, including Staking, Loan, CEX.IO Broker, etc. The second thing you need is a strong password that will protect your account from unauthorized access. Additionally, enable the 2FA method for better account security.
2. Add your debit or credit card
CEX.IO accepts Visa and Mastercards debit and credit cards. You can link yours on the Cards page you can see in the site header or in the Profile menu if you use the mobile app. Having your card connected to the account you can instantly deposit and withdraw funds anytime you need it.
3. Verify your account
To increase your account limits and be able to deposit and withdraw up to 3,000 USD in a day, pass the Identity verification. Provide your personal info like name, date of birth, country of residence, and upload the supporting documents. We’ve made the verification process straightforward and add necessary tips for every step so you can pass it smoothly and quickly.
Top-up your balance
By having funds on your CEX.IO account you can buy and sell digital assets anytime without waiting for deposit approval. It can sometimes happen that your bank processes the transaction for too long or does not agree to work with crypto services. So, better clarify this information beforehand. And if you can not use your card for some reason, try bank transfer methods (SWIFT, SEPA, Faster Payments, ACH) or send funds from your electronic wallet (Skrill, Epay, Advcash).
How to buy Ethereum with a debit card for your local currency?
Most banks and financial service companies support automatic funds conversion. So you can link a debit card issued in any currency. Just keep in mind that banks usually charge additional fees for instant currency conversion.
Once you’ve added the card to CEX.IO, you can go to Buy/Sell and purchase ETH and other crypto.
Buying Ethereum with a credit card on CEX.IO
Whether the users would like to buy Ethereum with a debit card or any other card type, they may be sure that the funds are secure and the transaction would flow without problems. Here are some points to consider:
Paying for the crypto coins with your Visa, MasterCard on CEX.IO is just like making any other online purchase.
You just need to enter your card details including name, card number, expiry date, and CVV code, and you are almost done.
After your card is verified, it will take only several clicks to complete the purchase.
CEX.IO beginners FAQ
What is the fastest way to buy crypto?
CEX.IO offers an Instant buy service as the fastest way to purchase Ethereum (ETH). The process takes a few minutes. You don’t need to figure out the trading techniques, just enter the amount you want to obtain and pay with your card.
Is it safe to buy crypto with a card?
Buying crypto with the card is totally safe on CEX.IO. We’re a self-regulated crypto exchange with years of experience in the field. To guarantee the security of your card transactions, we pass the regular independent checks by external regulators. Currently, we’ve got a level 1 PCI DSS certificate. More you can find here.
Can I use a prepaid card on CEX.IO?
There are some peculiarities about prepaid cards. They’re not connected to the bank accounts, so you can not transfer funds from your CEX.IO account to your prepaid card. So we recommend using debit and credit cards.
Can I sell the crypto I bought and get fiats?
There are multiple ways on how you can exchange your crypto for USD, EUR, GBP. The simplest one is the Instant sell option in the CEX.IO mobile app. It allows you to withdraw your proceeds to the card right after you sell your crypto. Another way is to place trading orders. For instance, you can use a market sell order in ETH to GBP pair and get your Ethereum sold under the currency exchange rate.
Where to check the Ethereum price?
You can find and compare the current rates of all digital assets listed on CEX.IO by visiting the Prices page. Also, you can study the historical price changes on the charts presented on the Trade page.
To learn how many fiats you can get if you sell ETH right now, use our Bitcoin Calculator. It shows the value of any amount you need due to the current market price.
How to decide when I should buy Ethereum and how much Ethereum should I buy?
The crypto market is highly volatile, a radical change can happen at any time. That’s why crypto traders and investors study technical and fundamental analysis and practice different strategies every day. A little research about the project can help you to decide if it’s a good time to buy the token. Also, studying price charts can give you an understanding of the current market conditions — whether the asset value is growing or falling.
When thinking about the amount of your purchase, consider how much funds you can spend without harm to your budget. Better start from small values and enrich your portfolio from time to time.
Where to keep Ethereum (ETH) I bought?
Understanding crypto wallets is essential for potential Ethereum buyers. There are multiple different types of them, including online and hardware wallets. Many users prefer keeping their holdings on separated devices so as to secure them from online hacks. However, this storage method limits your ability to sell and trade assets quickly once the market situation is favorable.
If you use a hot wallet provided by a reliable cryptocurrency exchange, you can access your crypto anytime while benefiting from the enhanced security. CEX.IO, for instance, protects your account with multiple measures, including cold storage for clients’ funds.
Alternative ways of buying Ethereum for other cryptocurrencies
At CEX.IO you can trade over 200 different currency pairs. For instance, you can buy ETH for USDT, a stable coin pledged to USD. Also, if you want to convert any other crypto you have for Ethereum, you can use the Exchange option in our mobile app. The service can perform the double conversion in case there is no direct pair on the exchange. It allows you to get ETH for your Bitcoins, Litecoins, Cardano tokens, and anything else available on CEX.IO. And the fee is only 1%. Given the fact that crypto deposits are free of charge on CEX.IO, this can be the cheapest way to buy ETH.
Still, if crypto transactions are not the thing of your choice, there’re also fiat deposit options with a 0% fee you can use on CEX.IO. Find them on the Limits and commissions page.
While CEX.IO will not be able to teach you how to invest in Ethereum to gain the highest profits, it may help you to make the best transaction under specific market conditions. Disregard all hesitations about purchasing Ethereum and try the experience with CEX.IO. We are sure that you will be satisfied with the service quality!