If you’re reading this, it’s likely because you want to buy ETH but don’t want to learn about crypto. That’s perfectly understandable! There are a lot of moving parts to the world of cryptocurrency, and it can be pretty overwhelming if you’re just getting started.
But don’t worry, we’re here to help. In this guide, we’ll walk you through everything you need to know in order to buy ETH without having to learn about all the other stuff.
The first thing you’ll need is a place to store your ETH. This is called a wallet, and there are lots of different kinds available. We recommend using a software wallet like MetaMask, which makes it easy to get started without having to worry about security too much.
Once you’ve got your wallet set up, the next step is finding somewhere to buy ETH from. There are a few different exchanges that offer ETH trading, but our personal favorite is Coinbase. They make it super simple and straightforward to purchase crypto – no confusing charts or jargon necessary.
Once you’ve bought your ETH, it’s time to send it to your wallet so you can start using it! Again, MetaMask makes this process nice and easy. Just head over to the “Send” page on Coinbase, enter in your wallet address (which you can find in MetaMask), and hit “Send.” Congratulations – you now own some ETH!
What is Ethereum? Benefits of early buying the ETH
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third-party interference.
Ethereum is used to build Decentralized Autonomous Organizations (DAOs), decentralized apps (DApps) and smart contracts. It is a network composed of nodes, each of which executes and validates transactions. The native token of the Ethereum network is called Ether.
The benefits of early buying ETH are many. For one, you’ll get in on the ground floor before everyone else and have the potential to make a lot of money if the price goes up. Secondly, early adopters often have more influence on the direction of a project than latecomers, so you can help shape the future of Ethereum. Finally, by buying ETH now, you’ll be supporting a cutting-edge technology that has the potential to change the world for the better.
If you’re interested in buying ETH, there are a few things you need to know first. First off, you’ll need to set up a digital wallet to store your ETH in. There are many different wallets available, but we recommend using MetaMask or My Ether Wallet. Once you’ve set up your wallet, head over to an exchange like Coinbase or Binance and purchase some ETH with fiat currency (like USD). Once you’ve bought your ETH, it’s as simple as sending it to your wallet address!