If you are going to buy cryptocurrency, then this can be done in different ways.…
Ethereum, like Bitcoin, is a very well-known form of cryptocurrency. If you want to buy Ethereum, it’s relatively easy to get started.
In this guide, we will explain in more detail what Ethereum is, as well as where and how the cryptocurrency can be purchased.
What is Ethereum?
Ethereum or “ether” is a cryptocurrency that works using blockchains, in the same way as Bitcoin. Ethereum is decentralized, which means that the currency is not administered by a central bank or a country’s government.
Blockchain technology means that transactions and other information are stored in blocks on computers around the world. Each of these computers has a copy of the blockchain.
Here you can safely buy Ethereum
If you are planning to buy Ethereum, there are various websites that allow you to do just that. At these sites, you can usually both buy and sell Ethereum, and in addition store your currency in a digital wallet.
It is important to think about safety when buying Ethereum online. Therefore, choose a marketplace with approval from Finanstilsynet. An example of such a site is eToro, where you can both buy and sell Ethereum.[main]
How to buy Ethereum at 1-2-3
After you have found a good website for buying crypto, you are just a few steps away from being able to buy Ethereum. First, however, you have to go through a registration process and deposit money.
We explain to you here how to proceed, one step at a time.
1. Register a user profile
The very first thing you need to do to be able to buy Ethereum is to create a user account with a relevant marketplace. As mentioned, eToro is a very popular alternative for Ethereum purchases, and you can, for example, register on this platform.
In that case, you just need to open the eToro website and select “Register now”. Here you can choose to create a user account through Facebook or a Google account, if you are already registered on one of these.
You can also register manually by entering a password, username and an email. After completing the registration, you will receive an email to verify the user account.
Deposit money to buy Ethereum for
Once you have created a user account, you must have the funds to purchase Ethereum for. You usually get the opportunity to make deposits using traditional payment solutions you are already familiar with. Here are some of the deposit solutions you can use on eToro:
- We saw.
Remember that it is common for marketplaces to purchase Ethereum to have a deposit limit. As a rule, you must deposit a minimum of NOK 450, plus / minus.
Once the deposit has been processed and the money has been deposited on the site, you are ready to buy Ethereum. The exact procedure may of course vary somewhat from trading platform to trading platform. We are based here on how to buy Ethereum at eToro.
Click on “Trading markets” from the menu on the far left of the website (or in the app). Then select “Crypto” from the list of markets. You will then see that an overview appears with many different types of cryptocurrencies – including Ethereum.
To buy Ethereum, click on “Buy” under this cryptocurrency. You can also select “Sell”, if you want to sell Ethereum you already own.[etoro]
Is It Safe To Buy Ethereum?
Yes, it is completely safe to buy Ethereum. This is not to say that it is not a risky investment. It can be tempting to buy Ethereum if you have heard of others who have made good money on such investments.
But it is important to take into account that the value of Ethereum can fluctuate a lot and abruptly. If the value increases after you buy Ethereum, you can potentially make money selling the currency. Otherwise you can lose money, if the value decreases and you sell the currency.
Here it is important that you take into account the risk involved in buying Ethereum or another cryptocurrency. For example, it is not wise to invest more money in buying Ethereum than you can afford to lose the amount.
A few have made a fortune on cryptocurrency, but this is far from the case for most.
Is Ethereum better than Bitcoin?
Ethereum was launched to complement Bitcoin, not as a competing currency. However, many people prefer Ethereum to Bitcoin, which is due to the fact that transactions are much faster.
Bitcoin is mainly used to store values, and is an exchange tool. Ethereum, on the other hand, is often considered a blockchain with more varied uses.
Feel free to choose cryptocurrency based on exchange rates, if you plan to invest in crypto. Remember that the rates for Bitcoin and Ethereum are subject to change from day to day. One day it may therefore be more favorable to buy one than the other cryptocurrency, while the next day it is the other way around.
Buy Ethereum today
Do you have plans to invest in cryptocurrency? Then Ethereum is a popular choice. Ethereum is a cryptocurrency based on blockchains, similar to Bitcoin. In other words, the currency is decentralized, and is not administered by any third party (such as banks or the like).
It is quite easy to buy Ethereum and you can do this directly through various online marketplaces. eToro is one of your options.
Remember that it can be risky to invest in cryptocurrency, as the value can fluctuate a lot. At the same time, it is educational and exciting! You can also use Ethereum as a lightning fast and secure payment solution.
Hva er forskjellen på Ethereum og Bitcoin?
Den største forskjellen på Bitcoin og Ethereum er at førstnevnte kun er en kryptovaluta. Ethereum er også et teknologiselskap som bygger programvare.
Hvor finner jeg Ethereum-kurser?
Du finner Ethereum-kurser blant annet hos eToro. Du kan følge med på kursen daglig, slik at du vet når det er smart å eventuelt kjøpe eller selge Ethereum.
Er det lovlig å kjøpe Ethereum i Norge?
Ja, det er helt lovlig. Hos Skatteetaten oppfattes kryptovalutaen Ethereum som et formuesobjekt, og du kan legge inn kryptovaluta du eier i skattemeldingen.