Regarding the latter, you can easily deposit funds with fiat currency and purchase an allocation of Ethereum coins. Or, you can trade Ethereum against the US dollar - should you want to take a short-term trading strategy.
When it comes to fees, Gemini is on the expensive side, as you'll pay a commission of 0. This means you'll be charged 0. In comparison, Binance charges just 0. Nevertheless, Gemini has since launched its very own payment card that allows you to spend your cryptocurrency holdings. Visit Gemini Now. Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Launched in , Luno is a popular cryptocurrency exchange that is now active in over 40 countries.
The platform aims to make the process of buying, selling, and trading blockchain assets seamless - especially for beginners. There are several notable features that ensure Luno makes the cut as one of the best Ethereum trading platforms in the space. Firstly, it takes just minutes to buy Ethereum with your debit card.
Once you have uploaded a copy of your ID, you will benefit from trading commissions of just 0. With that said, if you're planning to deposit funds with a debit card, this will cost you 3. As such, it's worth considering other deposit options - such as funding your account with another cryptocurrency. An additional stand-out feature offered by Luno is its crypto savings accounts. You will, however, need to exchange your Ethereum for Bitcoin to benefit from this. In terms of key Ethereum trading tools, Luno provides advanced charts via TradingView and you will have access to a wide range of flexible order types.
Visit Luno Now. By heading over to CoinMarketCap, you will see that there are hundreds of platforms and exchanges that allow you to trade Ethereum from the comfort of your home. This can make it challenging to find a provider that meets your trading needs.
For example, your chosen platform needs to support your preferred Ethereum market at competitive fees and commissions. You also need to consider payments, customer support, and safety. To make this process easier for you, below we list the many metrics that need to be considered in your search for the best Ethereum trading platforms of We mentioned just a moment ago that there are hundreds of Ethereum trading platforms now active in the online space.
The key problem here is that most crypto-based exchanges are unregulated. Although such providers are few and far between, the best Ethereum trading platform of - eToro, is regulated on three fronts. As the world's second-largest cryptocurrency in terms of market capitalization, it makes sense that there are plenty of ways to trade Ethereum. With that said, we can generally break these marketplaces down into two key asset classes - crypto-to-fiat pairs and crypto-cross pairs.
When trading crypto-to-fiat pairs, you are speculating on the exchange rate between a cryptocurrency like Ethereum and a fiat currency like the US dollar. In simple terms, you are looking to predict whether Ethereum will increase or decrease in value against the dollar. Some Ethereum trading platforms - such as eToro, also support other fiat currencies that can be traded against Ethereum. This includes the British pound, Euro, and Japanese yen. The vast majority of Ethereum trading platforms do not offer fiat-to-crypto pairs, as they do not have the legal remit to do so.
As such, you are effectively trading the price of Ethereum against USD, albeit, this is still classed as a crypto-cross pair as you are not touching real-world dollars. Additionally, the best Ethereum trading platforms offer an abundance of other crypto-cross pairs that contain Ethereum.
If you are sure that your chosen Ethereum trading platform is regulated and offers your preferred markets, you then need to explore what fees you will be expected to pay. A lot of platforms in this space are known to charge excessively to trade Ethereum - especially if you are planning to deposit funds with a debit or credit card. With this in mind, below we discuss the main fees that you need to look out for in your search for the best Ethereum trading platform for your needs.
We should start with deposit fees, as you will need to fund your account before you can start trading Ethereum online. The good news is that regulated broker eToro allows you to deposit funds at a fee of just 0. If you're US-based, this fee is waived in its entirety. This is the case across deposits made with a debit card, credit card, bank transfer, and even e-wallets.
In a similar nature to forex trading platforms and stock trading platforms , you will need to pay a commission when you trade Ethereum online. After all, trading platforms, brokers, and exchanges are in the business of making money. The spread is often overlooked by newbies as they simply don't understand what it is.
This isn't to the fault of inexperienced traders per-say, as platforms rarely let you know that you are paying a spread. Put simply, it's the difference between the buy and sell price of the Ethereum pair you are trading. In percentage terms, if the spread was 2. Spread at eToro will cost you around 0. This can, however, vary throughout the day depending on wider market conditions. In a similar nature to the spread, you also need to explore whether your chosen Ethereum trading platform charges a mark-up.
This means that you are paying a price above the market average. Depending on what your financial goals are - for example if you're a long-term investor or short-term day trader, you might want access to a number of tools when trading Ethereum online.
Some of the tools and features offered by the best Ethereum trading platforms that we came across include the following:. A lot of newbies want to enter the Ethereum trading scene because of its long-term potential. However, many fail to take the plunge as they simply don't know how to trade.
If this sounds like you, you'll be pleased to know that there are several solutions in the market that you might want to consider. For example, eToro offers a fully-diversified cryptocurrency portfolio. This consists of several leading cryptocurrencies - including Ethereum. These portfolios are managed by the eToro, meaning that it will add, remove, and rebalance the basket of assets on your behalf.
An additional tool offered by eToro that will allow you to automate your crypto investment endeavors is that of the Copy Trading platform feature. This is similar to the previously mentioned CopyPortfolio tool, as you will be investing passively. However, the main difference is that you will be copying an eToro trader like-for-like.
In other words, any buy or sell positions your chosen trader executes will be mirrored in your own eToro account - at an amount proportionate to what you invest. If you are an experienced trader but you don't have access to a large amount of capital, you'll want to choose an Ethereum trading platform that offers leverage.
This has the added benefit of being able to enter positions at a value far greater than what you have in your account. The workaround to this is to use an unregulated exchange. However, we would strongly advise against this, as you cannot be sure that your money is safe. The best Ethereum trading platforms will give you access to an abundance of research tools. If you're a day trader or swing trader, then you'll want to choose a provider that offers chart analysis tools - such as technical indicators and screeners.
Some of the platforms discussed on this page are integrated with TradingView - which comes packed with technical research tools. If you see yourself as more of a long-term 'Hodler', then you will want access to fundamental research tools, such as real-time news and market insights.
This will allow you to make informed investment decisions - especially regarding the best time to enter or exit an Ethereum position. In order to trade Ethereum online, you will need to place a series of orders. Basic platforms offer buy and sell orders only, which is what you need to enter and exit a trade. However, the best Ethereum trading platforms give you access to a full suite of orders - subsequently allowing you to trade in a more flexible and risk-averse manner.
You can usually check what order types are supported before signing up to the Ethereum trading platform in question. In a time not so long ago, liquidity used to be a major problem in the crypto trading scene. After all, it wasn't until recently that digital currencies like Ethereum became a multi-billion-dollar asset class. With that said, not all trading platforms in the space have access to sufficient liquidity levels. If liquidity is one of your main concerns - which it should be, eToro is a great option.
This is because the provider is home to over 17 million active traders, so there's heavy activity around the clock. Most people that enter the Ethereum trading scene for the first time are new to cryptocurrencies in general. In fact, many have never traded at all - so the whole experience can be intimidating. This is why the best Ethereum trading platforms offer a top-notch and seamless user experience.
For example, the likes of eToro and Coinbase allow you to open an account and deposit funds in a matter of minutes. The aforementioned platforms guide you through the end-to-end process step-by-step, so you can still access the Ethereum marketplace as a newbie.
It's not just the account setup-up process that needs to be user-friendly, though. On the contrary, the most important thing is that you can buy, sell, and trade Ethereum without needing to bypass complicated crypto jargon. For example, while experienced traders will looking to deploy advanced orders, leverage, and other flexible tools - some of you might simply want to buy a quantity of Ethereum. If this is the case, you'll want to process to be as straightforward as possible.
At eToro, all you need to do is search for Ethereum, enter the amount you wish to buy in US dollars - and then confirm the order. The latest trend in the global investment scene is buying and selling financial assets via a mobile app. This has since entered the Ethereum trading market - with all of the platforms discussed today offering a fully-fledged mobile app. By downloading an Ethereum trading app, you should be able to perform the following functionalities:.
The best Ethereum trading platform apps go one step further by doubling up as a cryptocurrency wallet. This means that you can trade Ethereum as well as store the coins safely. We have discussed payment methods throughout this guide on the best Ethereuam trading platforms. This is important, as in order to buy or trade Ethereum, you will need to add some funds to your trading account. As such, if you want to deposit using your Visa or MasterCard, make sure the platform supports it and check what fees are applicable.
Most Ethereum trading platforms available in the online space only offer support in the form of email, or an online ticket system. This often means waiting several days before you receive a response. This can leave you feeling frustrated, especially if you are having issues with a withdrawal request. This means that no matter where you are located or what the time of the day is - you can receive near-instant support on your query. Rarely do Ethereum trading platforms offer telephone support, so Live Chat is by far the best option.
Looking to buy or trade Ethereum for the first time, but not too sure where to start? If so, following the guidelines below to start trading Ethereum commission-free with regulated platform eToro! Unlike the majority of Ethereum trading platforms in the marketplace - eToro is heavily regulated and thus - it requires you to open an account.
The good news is that unlike old-school brokerage firms, the account opening and verification process usually takes less than 10 minutes on eToro. All you need to do is visit the eToro website, click on 'Join Now', and fill out the application form. This will require details like your name, nationality, address, date of birth, and email address. You will then be asked to upload a copy of your passport or driver's license - in addition to a recently issued utility bill or bank account statement.
Once you have registered, you can then make a deposit. Once you have funded your eToro account, you then need to search for the Ethereum market you are interested in. Once you have chosen a market, click on the 'Trade' button. You will now need to place a buy or sell order - depending on whether you think the Ethereum pair will rise or fall.
By default, this is set as a buy order on eToro, so you'll need to change this to a sell order if you want to go short. If you're looking to enter and exit the trade at a specific price, you might also consider setting up a limit, stop-loss, and take-profit order. Finally, to complete your commission-free Ethereum trade on eToro, click on the 'Open Trade' button!
While most cryptocurrency traders will focus on Bitcoin, more and more investors are turning to its nearest rival - Ethereum. If you do want to trade or buy Ethereum from the comfort of your home - the most important thing is that you choose a suitable trading platform for your needs. As we have discussed today, you should focus on metrics like fees, supported markets, regulation, payments, and trading tools. If you're ready to start buying and selling ETH right now, we would argue that the best Ethereum trading platform for this purpose is eToro.
We found that the Best trading platform for Ethereum in is eToro. This heavily regulated platform supports dozens of tradable crypto pairs - many of which include Ethereum. If you are looking to trade Ethereum with leverage, the amount you can get will depend on several factors. As the best Ethereum brokers are heavily regulated, this is largely dependant on the rules in your country of residence.
You can get leverage of up to at unregulated platforms like BitMEX, but this is strongly advised against as your money is at risk. With popular Ethereum trading platforms like Coinbase charging 3. If low fees are important to you, regulated platform eToro allows you to trade Ethereum commission-free. There is always the risk that you will lose money when trading Ethereum - like any asset class.
With that said, it's crucial that you keep yourself safe by only using Ethereum trading platforms that are regulated by at least one reputable financial body - like the FCA or FINRA. The good news si that you don't need to risk this much to enter the market. By trading Ethereum against the US dollar, you will benefit from the tightest spreads, high liquidity levels, and lower volatility. Kane Pepi is a British researcher and writer that specializes in finance, financial crime, and blockchain technology.
Now based in Malta, Kane writes for a number of platforms in the online domain. In particular, Kane is skilled at explaining complex financial subjects in a user-friendly manner. Home » cryptocurrency » ethereum.
Kane Pepi Pro Investor. Updated: 28 March Visit eToro Bitcoin Cash. Ethereum Classic. Binance Coin. Uniswap Protocol Token. Basic Attention Token. Shiba Inu. Enjin Coin. FTX Token. Bancor Network Token. Band Protocol. Bitcoin Diamond. Bitcoin Gold. Bitcoin SV. Celsius Network. Curve DAO Token. Numerous platforms allow you to buy Ethereum from their website, but the main challenge is to find a reliable one.
We have monitored the source mentioned below and found it reliable to make the transaction. Buying Ethereum is not a hard task to do. However, in early , the story was not the same because there were almost no exchanges selling Ethereum. Here is a list of some legit websites from where you can buy Ethereum with Debit Card or Credit Card:. You can buy Ethereum from several exchanges around the world. However, the process may vary from exchange to exchange. Despite this, the overall concept of the process is the same for all exchanges.
This is the basic lifecycle of purchasing Ethereum from any country. Moreover, there are several platforms that do not require KYC. Therefore, you can buy Ethereum without even providing your personal information. Now that you simply understand the essential steps of shopping for Ethereum, it is sensible in talking about where to go and buy Ethereum. You need not wait too long for your Ether ETH tokens. Most cryptocurrency exchanges allow only cryptocurrencies or wire transfers to buy Ethereum.
CEX is a UK-based cryptocurrency exchange. CEX is operating since and has earned quite a bit of respect in the cryptocurrency industry. In order to buy Ethereum from this website, you have to follow these simple steps:.
The card verification process may take hours. You can buy ETH instantly once the verification is completed. Therefore it is recommended to verify the card before making any purchase. And if you are verifying for the first time, it may have to take a selfie with your card. The verification depends on the quality of the image.
Therefore, make sure to provide a good quality image to their compliance department. This is a quicker way to buy Ethereum. Coinmama is another cryptocurrency exchange that lets you buy Ethereum using a Credit card or Debit Card. They operate their business from Slovakia, Europe, and serves in countries. There are several tiers of verifications in Coinmama.
Tap on Exchange. Select the "Buy" option, pick the fiat currency you'd like to pay with and choose ETH as the asset you would like to purchase. Select Buy with Card. Choose the 'Visa or Mastercard' option and enter your card details. Congrats! Your ETH is now available to earn, borrow and swap.