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How to buy Ethereum

ETH

Ethereum is a blockchain platform, which is open-source, that has its own cryptocurrency, called ETH (or Ether), and runs on the ERC20 network. ERC20 refers to a scripting standard that dictates a number of rules and actions that an Ethereum token or smart contract must follow and steps to be able to implement it. Ethereum’s cryptocurrency Ether is currently second in value only to Bitcoin. You can buy and sell ETH for any major cryptocurrency – like BTC and XRP – or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade ETH for BTC the same way you trade CAD for USD. You can also trade ETH to CAD based on the ETH price. To learn how to buy Ethereum / ETH, scroll down to see how to buy Ethereum.

Vitalik Buterin created Ethereum after developers weakened his beloved World of Warcraft character. “On that day I realized what horrors centralized services can bring,” he wrote on his tell-all blog. He eventually launched ethereum at just 21 years old in 2015. The platform was created to allow developers to build and publish smart contracts and decentralized applications, which may be used without the risk of any fraud, downtime, or interference by a third party due to its decentralized nature. Now that you know how to buy Ethereum and its history, here’s a few fun ways you can use it.

You may want to consider buying ETH if you would like to:

Buy, sell and trade goods online securely

Trade altcoins on the ERC20 network

Explore projects like gaming and NFT marketplaces

Leverage the benefits of smart contracts for application in finances and supply chain management

Ethereum (ETH)

All prices are in USD.

How to buy Ethereum

ETH

Ethereum is a blockchain platform, which is open-source, that has its own cryptocurrency, called ETH (or Ether), and runs on the ERC20 network. ERC20 refers to a scripting standard that dictates a number of rules and actions that an Ethereum token or smart contract must follow and steps to be able to implement it. Ethereum’s cryptocurrency Ether is currently second in value only to Bitcoin. You can buy and sell ETH for any major cryptocurrency – like BTC and XRP – or traditional currency such as Canadian Dollar, US Dollar, and Euro. Trading cryptocurrencies is like foreign exchange of traditional currencies – you trade ETH for BTC the same way you trade CAD for USD. You can also trade ETH to CAD based on the ETH price. To learn how to buy Ethereum / ETH, scroll down to see how to buy Ethereum.

Here’s how to buy Ethereum on Quick Trade

Buying Ethereum is just like foreign exchange of traditional currencies like the Canadian Dollar, US Dollar, or Euro. You trade coins that you have – either a cryptocurrency or a dollar – for Ethereum, which trades as ETH. Based on when you think you can get a good ETH price, you should be able to trade ETH to CAD.

To buy Ethereum, simply follow these steps:

1

Sign up for a Quick Trade account and verify your identity

This is the first step to buying ETH. Verifying your identity helps us to properly connect your funds to your account.

2

Fund your account with Canadian Dollars

Funding is like putting gas into a car – it helps you get where you want to go.

3

After funding, select ETH from the list on the trade section

Quick Trade lets you trade ETH without leaving the app. You can also check the Ethereum stock price and convert ETH to CAD on the platform.

4

Select a currency you’ve funded and use it to check the ETH price

In the Quick Trade app, all currencies available to trade can be found in the drop down list.

5

Buy ETH

Congratulations! You’re now the proud owner of ETH. You can either HODL or use it to exchange ETH to CAD. To the moon!

Vitalik Buterin created Ethereum after developers weakened his beloved World of Warcraft character. “On that day I realized what horrors centralized services can bring,” he wrote on his tell-all blog. He eventually launched ethereum at just 21 years old in 2015. The platform was created to allow developers to build and publish smart contracts and decentralized applications, which may be used without the risk of any fraud, downtime, or interference by a third party due to its decentralized nature. Now that you know how to buy Ethereum and its history, here’s a few fun ways you can use it.

You may want to consider buying ETH if you would like to:

Buy, sell and trade goods online securely

Trade altcoins on the ERC20 network

Explore projects like gaming and NFT marketplaces

Leverage the benefits of smart contracts for application in finances and supply chain management

Where do I keep my ETH?

At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.

Ready to add ETH to your portfolio?

Create your account, fund it with spare change and get a little bit of ETH.

Sign Up & Buy ETH

Prices and percentage changes are for information purposes only and in no way reflect Coinsquare Ltd.’s speculation of market direction. Past performance is not an indicator of future performance. Please find our Risk Disclosure statement here.

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