Discover how to buy Ethereum (ETH) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Ethereum (ETH) is currently at
€2,505.50
-€33.7185 (-1.35%)
Last updated on --.
How can I buy Ethereum on OKX?
Whether you're new to crypto or an experienced trader, you can buy Ethereum using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Ethereum
Select Ethereum and buy using your chosen method.
Step four
Receive your Ethereum
Confirm your purchase and store your Ethereum in your portfolio.
What's Ethereum?
Ethereum is like a giant computer that anyone can use. It helps people make programs that run on the internet without needing a boss. Imagine a playground where everyone can build their own games and play together. Ethereum solves the problem of trust by letting people make agreements that work automatically, like magic, without needing to trust each other.
How can I buy Ethereum?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity with required documents to comply with U.S. regulations. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Navigate to the Ethereum page and place a buy order by selecting the amount you wish to purchase.
Why do people buy Ethereum?
People buy Ethereum because it allows them to use apps that are decentralized, meaning no single person controls them. It's popular for creating smart contracts, which are like digital promises that automatically happen. Ethereum is widely used in the crypto world for building new projects and services, making it a key player in the blockchain ecosystem.
Things to know before buying Ethereum in the United States
In the U.S., cryptocurrencies like Ethereum are legal but regulated. You must complete KYC and AML checks when buying. Tax implications include reporting capital gains if you sell Ethereum for more than you bought it. Income from staking or rewards may also be taxable. Always consult a tax professional for specific advice.
What are other ways to own Ethereum?
You can get Ethereum through airdrops, where free tokens are distributed to users. Participate in Learn-and-Earn programs to earn Ethereum by completing educational tasks. Staking involves holding Ethereum to support the network and earn rewards. Providing liquidity in pools can also earn Ethereum. Each method requires effort and understanding of risks involved.
How can I store my Ethereum?
To keep Ethereum safe, you can use custodial wallets, where a service holds your tokens, or non-custodial wallets, where you control them. Hot wallets are online and convenient but less secure, while cold wallets are offline and safer. Always back up your wallet and keep recovery phrases secure. Choose a storage method that balances security and ease of use.
Why should I buy Ethereum on OKX?
Learn more about the security measures keeping your Ethereum safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
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See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Ethereum
Take advantage of price fluctuations and trade your Ethereum for other cryptocurrencies.
Send Ethereum
Send your Ethereum anywhere, anytime with fast, low-cost transfers.
Spend Ethereum
Use your Ethereum to pay for goods, services, and experiences seamlessly.
Hold Ethereum
If you think your Ethereum will increase in value, you can hold onto it.
Sell Ethereum
Convert your Ethereum to cash quickly and securely.
How to buy Ethereum (ETH) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Ethereum ETH safely on a trusted exchange like OKX.
Choose the best exchange to buy Ethereum (ETH) depending on your individual needs. Factors to consider when picking the best place to buy Ethereum (ETH) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Ethereum. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Ethereum (ETH), as well as fiat withdrawal options.
This depends on the method you use to convert Ethereum (ETH) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.