Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

How to buy Ethereum (ETH) Guide

Updated on:  2024/07/25 19:53:30(UTC+0)
Coin rating
5.0
intro-rocket.png
In this tutorial, we will discuss:
1
Where and how to buy Ethereum
2
Alternative methods to obtain Ethereum
3
Methods to obtain Ethereum for free
4
What are the applications of Ethereum
5
Market stats to assist in determining optimal times for purchasing Ethereum
6
How to safely store your Ethereum
7
How to withdraw Ethereum

Where and how to buy Ethereum

Investing in Ethereum has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Ethereum. Here's a step-by-step guide on how to buy Ethereum on Bitget.

Step-by-step guide

Step 1: Create a Bitget account.

Sign up and download the Bitget app to start your journey on Bitget.

Step 2: Complete Bitget's identity verification.

Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 3: Place a Ethereum order through any of the various payment options provided.

Credit/Debit card: For Visa/Mastercard, select Credit/Debit card and then click Add New Card in the Buy Crypto tab.
Complete your payment on Bitget AppCredit/Debit in the Buy Crypto tab of the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteCredit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Complete your payment on Bitget AppAdd a new card to complete your payment on the Bitget app
Enter the bank card details to complete your payment on Bitget WebsiteEnter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Ethereum order.
player.png
How to buy crypto with credit/debit card
Google Pay and Apple Pay: Turning your Google Pay and Apple Pay balance into Ethereum is easy and secure on Bitget. Click Buy Crypto > [Third Party] in the top navigation bar to place your Ethereum order.
player.png
How to buy crypto via third-party gateway
Buy Ethereum via bank transfer: We accept iDeal and SEPA for EUR payments, PIX for BRL payments, PayID for AUD payments, UPI for INR payments, QRIS, DANA, and OVO for IDR payments, SPEI for MXN payments, and Gcash for PHP payments. Services are provided by the AlchemyPay, Banxa, Mercuryo, and Simplex payment gateways. Select Buy Crypto > [Third Party] in the top navigation bar, then select a fiat currency to place your Ethereum order.
player.png
How to buy crypto on Bitget P2P
Buy Ethereum with your Bitget account fiat balance: You can Deposit fiat funds with Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Ethereum order.
Zero-fee P2P trading: With Bitget P2P, you can buy crypto with over 100 payment methods, including bank transfer, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Just place an order, pay the seller, and you'll get your crypto. Enjoy secured transactions using escrow.

Step 4:Monitor Ethereum in your Bitget spot account

If you've chosen to purchase Ethereum on Bitget, your Ethereum will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Alternative methods to obtain Ethereum

In addition to purchasing Ethereum directly, there are numerous other ways to obtain Ethereum.

Convert crypto to Ethereum with Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Ethereum. Just choose your available crypto assets, specify the amount for the Ethereum swap, confirm, and check Ethereum instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Ethereum with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Ethereum anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Ethereum.

Methods to obtain Ethereum for free

Using real money to buy Ethereum is not the only way to obtainEthereum. If you have the time to allocate, you can get Ethereum for free.
Learn how to earn Ethereum for free through the Learn2Earn promotion
Earn free Ethereum by inviting friends to join Bitget's Assist2Earn promotion
Receive free Ethereum airdrops by joining On-going challenges and promotions
All crypto airdrops and rewards can be converted to Ethereum through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Ethereum Price Page and bookmark them to stay updated!
Ethereum
Ethereum Price Now:
ETH / USDT
$3128.91
-260.60
-8.00%24H
The live Ethereum price today is $3128.91 USD with a 24-hour trading volume of $179979560.10 USD. We update our ETH to USD price in realtime. ETH is -8.00% in the last 24 hours.
Are you planning to buy ETH?
See if other users are buying ETH:
Yes
No
welcom-login.png
A welcome pack of 6200 USDT for new Bitgetters!
arrow-right.png

How to buy Ethereum in other countries?

You can easily buy Ethereum (Ethereum) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Ethereum in your preferred location:
This information is manually updated. If you come across any inaccuracies, please inform us at mail@bitget.com. Last checked on 2024-07-25.

Trade smarter

A welcome pack of 6200 USDT for new Bitgetters!

What can you do with Ethereum?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
store.png

Store/Hold Ethereum

Many users hold on to their Ethereum with the expectation of it increasing in value. You can store your ETH safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.

sell.png

Trade Ethereum

You can trade Ethereum for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Ethereum trading to meet your needs.

trade2.png

Send Ethereum

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Ethereum online and send to anyone and anywhere with their Ethereum address.

send.png

Spend Ethereum

You can also buy goods and services with your Ethereum. More and more vendors and retailers accept Ethereum every day.

earn.png

Donate Ethereum

Bitget Charity accepts Ethereum donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Ethereum so no one misses out on the growth made possible by blockchain.

learn.png

Learn More About Ethereum

You can read more in-depth articles on Ethereum from Bitget Research and study how cryptocurrencies like Ethereum work on Bitget Academy

Market stats to assist in determining optimal times for purchasing Ethereum

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Ethereum facts from our Bitget Academy articles. Learn why people buy Ethereum today!

What Is Ethereum (ETH)?

Ethereum is a public decentralized blockchain launched in 2015 by Vitalik Buterin that permanently records the transactions that take place on its network. This database does not need a central authority to function or to be secure. Ethereum therefore operates without a trusted third party. It is the first blockchain that allows developers to build and deploy decentralized applications on top of it. The token of the Ethereum protocol is called Ether (ETH) .

Before Ethereum, the first cryptocurrencies were rather limited in terms of functionality. Most of them were digital currencies where each blockchain had some specificities to stand out. Vitalik Buterin had the idea of developing a protocol that would allow the development of any type of decentralized application without each developer having to create his own blockchain. This system is called "Ethereum Virtual Machine (EVM)" and acts as a decentralized global computer. It allows users to run computer programs using the resources of the blockchain.

How Ethereum (ETH) Works

Basically, the operation of Ethereum depends on the node operators to process transactions. For each transaction on the Ethereum network, the users will have to pay a fee in ETH. The fees are called "gas" because they facilitate the network and they will be sent to node operators. Generally, the users will be able to choose to pay more or less gas fees so that their transactions will be broadcasted and validated more or less quickly.

The transactions on Ethereum do not necessarily have to be a monetary one. As mentioned above, Ethereum has the ability to run a wide range of applications, from DeFi (decentralized finance) to DAO (decentralized autonomous organization), virtual marketplace, and so on. They are all powered by smart contracts, a special type of program stored on the Ethereum blockchain that can self-execute when certain requirements are met without the need for a third-party overseeing the procedure. The invention of smart contracts has greatly extended the use case of blockchain in real life. Almost every action that has a set of conditions and results can be programmed into smart contracts. Since smart contracts are on the blockchain, once it is deployed, it cannot be changed.

As the number of users on Ethereum increases, the network encounters scalability issues. The time and money required for a transaction to go through soars disproportionately. As for example in 2017, the CryptoKitties game exploded in popularity and its loaded users caused network congestion. Transactions took longer to confirm and there was an increase in transaction fees. Many blockchain companies have addressed this problem by centralizing their network. But in doing so, they obviously compromise decentralization, the nature of blockchain.

Sharding is the solution being considered by Ethereum developers. At the moment, one node in the Ethereum network has to store a copy of the whole chain's history, which is a humongous amount of data. While this ensures security for the chain, because hackers need to attack and rewrite the transaction history of all nodes to affect the chain, it is difficult for individuals to join the network as node operators due to the required computational power and greatly limit scalability. That's where sharding comes in. Sharding is a database partitioning technique that divides the network's database into multiple parts called "shards". A shard is a subset of a large database hosted on a separate server. While each shard contains a different portion of data, they all form one complete dataset. With "Ethereum sharding", a node does not need to store a complete copy of the network's history anymore, instead, it can use data techniques to confirm that the data has been made available by the network as a whole. This allows an individual to work as a node operator with their personal computer or phone, thereby increasing the number of nodes, improving transaction speed, and enhancing the security of the network.

There is also the rollup solution, which basically combines hundreds of transactions, facilitates them as if they are one transaction, and distributes gas fee across everyone in the rollup thus making it cheaper.

Since its creation, Ethereum uses the Proof-of-Work (PoW), miners provide their computing power to secure the blockchain and are rewarded in Ethereum for this. However, Ethereum is expected to adopt a different consensus method called "Proof-of-Stake (PoS) ". This is a validation method whose principle is to reproduce the mining process but in a virtual way. It is no longer based on computing power but on the possession of a cryptocurrency. The validators are then no longer miners but what we call "forgers". A forger builds a block of transactions and signs it to prove that he is indeed in possession of cryptocurrencies. The more crypto-currency he has, the more likely his block will be accepted as a solution and he receives a reward. In the case of Ethereum, it is ETH that you need to own.

The official integration of PoS into Ethereum is called the Merge and it is the most significant upgrade in the history of Ethereum, anticipated by blockchain followers worldwide.

With all these exciting upgrade plans in place for Ethereum, it is expected that the network will be more scalable, secure, and sustainable.

The reason why Ethereum stands out from thousands of crypto projects

In Ethereum's Whitepaper , it is stated that its intention is to create an alternative protocol for building decentralized applications with a strong emphasis on security and scaling, all thanks to the smart contracts we just mentioned.

With the Ethereum blockchain, developers can develop decentralized applications that can be used in real life, such as real estate management. As an example of known dApps we could take CryptoKitties, a game in which you can buy and sell cats. Each of these cats is unique and cannot be duplicated, stolen, or destroyed. But you can still exchange them like exchanging tokens with other people. It is also possible to create your own currency on the Ethereum network without having any particular knowledge of blockchain technology. The currency created is called a "token". For example, ChainLink, BAT, and VeChain are all "tokens" or at least have been before having their own blockchain for some.

What is the Ethereum “Merge" (the Merge) and Why?

Vitalik, since the beginning of Ethereum, announces that this protocol is currently an interim version and that there will be a version 2.0. This has been developed since the early days of Ethereum. However, we have really seen the beginnings of Ethereum 2.0 with the arrival of the Beacon Chain in late 2020. The Beacon Chain is the PoS-based chain that will run in parallel with the PoW-based Mainnet during the complete transition to PoS aka "the Merge". From the end of 2020, it has been possible to become a validator of the ETH network with 32 ETH.

The much-awaited Merge happens when the two systems finally come together, and PoW consensus on Ethereum is replaced permanently by PoS. Even once this is done, there will still be several steps before arriving at the "final version" of ETH 2.0 but "The Merge'' is going to be a great step forward since it will signal the end of the PoW-based protocol which ETH has been since its creation.

How Many Ether (ETH) Tokens Are In Circulation?

Back in 2015, the first block mined approximately 72 million ETH tokens - which were utilized in the crowd sale. Unlike the maximum cap of 21 million of Bitcoin (BTC), Ether has no limits on its total amount, meaning there is an infinite Ether (ETH) token left to mine. Currently, the total ETH in circulation has exceeded 120 million.

How to Buy ETH

If you're interested in becoming a part of the Ethereum ecosystem, one of the first steps you can take is to purchase crypto. There are various ways to do so, such as instantly buying crypto with credit/debit cards , via bank transfer, via peer-to-peer transactions, or even in-person purchases. Alternatively, you can deposit funds into your Bitget account and use them to purchase cryptocurrencies, including ETH.

Consider investing in Ether (ETH)? It only takes 2 minutes to create an account on Bitget and start trading ETH.

Check out the available ETH trading pairs on Bitget!

Futures market

E THUSDT

ETHUSD

E THPERP

Spot market

E TH/USDT

ETH/ USDC

Ethereum Resources

Related Ethereum Pages

Whitepaper

Official Website

Our most recent articles about Ethereum

What is Ethereum?

What are Smart Contracts?

What is the Proof-Of-Stake (PoS)?

Ethereum Merge

Ethereum Value and Price

The Journey of Ethereum

How to safely store your Ethereum

Many investors opt to hold onto their Ethereum for long-term investment. Safeguard your Ethereum with confidence using the Bitget Wallet, known for its industry-leading security and risk control, backed by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors. Sign up now to enjoy the perks of owning a Ethereum wallet at Bitget.

How to withdraw Ethereum with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Ethereum or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Ethereum you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
hand-coin.png

How to buy Ethereum (ETH) Guide

FAQ
How do I purchase Ethereum?
Nowadays, you can purchase and store Ethereum hassle-free on a CEX like Bitget. You can use your debit/credit card, bank transfer, or perform peer-to-peer trading to buy Ethereum. You can easily do it on your computer, tablet, iOS, or Android.
Can I buy US$1 worth of Ethereum?
In theory, Ethereum can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.
Can I buy US$10 of Ethereum?
Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.
Where else can I buy Ethereum?
If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.
Where is the best place to buy Ethereum?
The best place to buy Ethereum is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.
Should I buy Ethereum right now?
You should make a decision on purchasing or investing in Ethereum or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Ethereum online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Ethereum instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Ethereum purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.