A Beginner's Guide To Ethereum: Buy Ether Now Or Wait?
// -- Discuss and ask questions in our community on Workplace . Ethereum is a very important crypto in the sense that competition is always good for business. Ethereum was introduced in 2013 by a crypto researcher and developer Vitalik Buterin. It is currently the second most popular Cryptocurrency, following Bitcoin and is said to be the next Bitcoin. Ethereum differs from Bitcoin in the sense that it introduced smart contracts to the industry. It has relatively the same qualities as Bitcoin it is open-source and built on Blockchain, which defines its abilities and characteristics. Enabled by Ethereum, a smart contract is a computer algorithm that allows users to build or develop innovative tools and systems to perform various tasks. These smart contracts run on Blockchain and eliminate the need for third parties. It can save one a lot of time and money. The market is very much split in two as the majority of investors put their money in both Bitcoin and Ethereum. Ethereums token that you can trade with on exchanges is called an ether and can be bought or sold not only for Bitcoin, but also for any popular fiat currency like USD or EUR. Some cryptocurrency exchanges even offer an option of converting ETH to GBP , which can now bring you around 340 per coin. Ethereum was forked in 2016, and Ethereum Classic (ETC) was introduced to the market. There are currently talks of another fork for Ethereum Classic that is expected to happen sometime in December 2017. // -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- // In order to determine whether or not it is a good time to invest in a Cryptocurrency, one should keep an eye on the news. News greatly affects whether a coins pric Continue reading >>
How Can You Really Earn, Buy And Spend Bitcoins And Ethereum? Here Are The Best Ways
How Can You Really Earn, Buy and Spend Bitcoins and Ethereum? Here Are The Best Ways Cryptocurrencies like Bitcoin and Ethereum have mostly become known for their potential to gain (and more recently lose) value very quickly. But if, as their proponents suggest, they are set to become standard units of currency for a digital age, they have to be useful beyond merely acting as vessels for speculative investment. Real life currencies can be spent on goods and services, traded for other currencies, and acquired as payment for work. Slowly but steadily, cryptocurrencies particularly the two largest appear to be acquiring these properties. Heres a look at some of the different doorways into the crypto economy. Before we go any further I just want to reiterate that investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. This one isnt difficult! There are plenty of places out there offering to sell cryptocurrencies, particularly Bitcoin, in exchange for hard-earned fiat (government-issued) currency. For the purposes of this article, I am going to ignore platforms which only allow the buying and selling of cryptocurrency-based derivatives this is for people who want to take ownership of actual coins (with all the security risk which this entails). Broadly speaking, they can be categorized as either exchanges or peer-to-peer markets. Exchanges, such as Coinbase , Bitfinex and Binance offer Bitcoin, Ethereum and hundreds of other lesser-known cryptocurrencies. They vary a great deal in complexity and the technical expertise needed to operate, with Coinbase often being seen as the simplest and most straightforward for beginners. Be warned though this does come at a pr Continue reading >>
When You Buy Ethereum, What Are You Actually Purchasing?
When you buy Ethereum, what are you actually purchasing? Well, your question is actually common. People either just think they know what they are doing or just are embarrassed to ask this question. Lets clear some misconceptions: Ethereum is a Blockchain Technology. Not a money. And Ethers or so called Ethereum Network Tokens, are the tokens or you can say money that it is needed if you want to use the Ethereum Network for any purpose only. So when you buy, you are buying Ethereum Network Token or Ethers. Think is like a special kind of money which on one hand has some fiat-related valuation and on the other hand has technology-related valuations. If you have ETH now, later on you can use it to get back your money if its valuation has increased. Or just use to in ETH network, according to your needs. There are many projects derived from Ethereum, where you can also use the Ethers you purchased. Like converting and using other techs, like Golem, Gnosis, etc. Heres a simplification of the value proposition. To simplify things, first start from the perspective of a citizen in a third world country with an unstable currency. Because the stability of a currency is a measure of faith in the government, this person wants to buy bread. Today it is 5, yesterday it was 2, tomorrow it will become 8. To this person, this piece of paper is not backed up by enough trust to be used to buy anything. What they can then do instead is to use their own currency to buy something like, like U.S. dollars. Since the U.S. is such a powerful country, many people do this and the economy can end up running on the U.S. dollar. In many tourist heavy places, people simply accept money in U.S. dollars. So this person has traded a piece of paper for another piece of paper, but the latter has more valu Continue reading >>
How Do I Buy Ethereum?
By Nathan Reiff | July 6, 2017 11:32 AM EDT In 2017, Ethereum has grown at an incredibly rapid pace . In fact, the second-largest cryptocurrency by market capitalization may be poised to take over the top of the list, displacing Bitcoin to become the most prominent cryptocurrency in the world in a phenomenon known as the "Flippening." (See also: "The Flippening": Will Ethereum Take Bitcoin's Place? ) Additionally, Ethereum's coin, ether, has grown in value by dozens of times since the beginning of the year, and some analysts believe the cryptocurrency market still has new heights to achieve in the weeks and months to come. For all of these reasons, more and more investors are becoming interested in adding Ethereum to their portfolios. Here is how you can incorporate Ethereum into your investments. Like other cryptocurrencies, Ethereum must be purchased and sold via an exchange online. There are a number of these services that are available and are considered highly reputable. Some of the most popular include Coinbase, Kraken, Bitstamp, and Gemini. Before you can get started trading Ethereum, you'll need to pick an exchange and create an account. Any reputable exchange will require that you verify your account in one or more ways. You'll likely need to upload a number of documents to verify your identity and ensure that your account passes regulatory muster. Verification will typically take a day or two, depending on how popular and busy the exchange you've selected is. You'll next need to deposit fiat currency into your account, typically via bank or wire transfer. This may take another few days in order to ensure that the money clears. With a verified account and money deposited into that account, you'll be able to begin purchasing Ethereum and other cryptocurrencies Continue reading >>
Easy Ways To Buy Ethereum (eth) In The Us | Finder.com
Get paid directly in ETH. You may be able to get paid directly over the Ethereum blockchain. For example, if youre a content creator, you could request payment in ETH. Trade another cryptocurrency for it. You could trade bitcoin or another cryptocurrency for Ethereum at an exchange. Mine for it. You could mine for ETH by dedicating computing power to solving problems on the blockchain, executing smart contracts and carrying out transactions. However, you might need a lot of processing power to start earning worthwhile returns, and the Ethereum mining system is being reworked, which makes returns on mining investments less certain. Other. There are other ways you might buy into the Ethereum blockchain, ranging from winning a bet online with ETH to participating in affiliate programs or buying into another system on the same blockchain. The distinctiveness of Ethereum means there might be more ways to find yourself holding ETH than other currencies such as bitcoin. What are the special features of Ethereum and how does it work? Ethereums main difference is that it lets users set up smart contracts. These can do almost anything a user wants, with anonymity, with no set point of failure and with complete trustworthiness and reliability. This essentially lets you cut out the middleman in any kind of transaction, while still making the transaction with complete reliability, security and trustworthiness. Its transparent. All parties can see the details and conditions of the transfer. Its a transparent program thats set up to do exactly what it says. Its extremely flexible. You can program it to do almost anything you can imagine, such as making a transfer when specific conditions are met at a certain time in the future or dividing funds between different parties depending on Continue reading >>
Should You Buy Bitcoin? Or Ethereum? Or Dash? Or Just ... Boring Old Stocks?
Should you buy bitcoin? Or Ethereum? Or Dash? Or just ... boring old stocks? A visual representation of the digital cryptocurrency, bitcoin alongside U.S. dollars on Dec. 07, 2017 in London, England.-Dan Kitwood/Getty Images So many cryptocurrencies. So much money to be made or lost. Youre a would-be investor, deciding whether to put your money in bitcoin . Or Dash .(It's digital cash. See what they did there?) Or Ripple .(Though I have a personal rule about never investing in a currency that could be mistaken for an ice cream.) Where do you put your money? Well, besides scanning Reddit threads, starting Wednesday, there will be official financial ratings in the mix. Weiss Ratings is going to assign letter grades think A through Fto cryptocurrencies. Interested parties can subscribe to the ratings for $39 a month to find out the grades. Though, because of the volatile nature of cryptocurrencies, those grades could change daily. Marketplace Tech host Molly Wood spoke with Martin Weiss, whos behind the ratings. Molly Wood: Youre creating a rating for cryptocurrencies. Why? Martin Weiss: As you've seen in the news, the market for cryptocurrencies is wild. It's one of the few places we've seen so much fear, greed and panic. So we felt that this is exactly when individual investors and consumers need some rational guidance that's based on fact and not fiction. Wood: Given the newness and complexity, and the wildness overall, how on earth could you possibly come up with what you think is a reliable rating? Weiss: Well, reliable ratings are based on four things in our model. The first is what we call the risk index, to give you a sense of how much price risk there is in each cryptocurrency, and there's a lot of variability there. Some are not as volatile as others. The second Continue reading >>
Where You Can Spend Your Cryptocurrency
One of the big gray areas around crypto, especially for outsiders and newbies to the space, is the looming question of where can you spend your currency ? Once you own some bitcoin/ethereumwhat do you actually do with it? And though there are lots of individual investors HODL -ing until the end of time, surely there are use cases (especially if things in the space go well) where cryptocurrencies are far more than an investment vehicle but rather an entire new medium for exchanging and transacting. Many do not think our current economic infrastructure, here in the United States, is in place to support any sort of currency revolution . At least not yet. Since the technology is still developing, we are sitting at an interesting period of hurry up and wait, as the framework and infrastructure of this new financial world is still being built. Today, the process of purchasing cryptocurrencies (like Bitcoin and Ethereum) is cumbersome and difficult. Unless you use a service like Dether that lets you buy and sell your ether coins for cash you have to register for an exchange, deposit money, verify your information, wait a few weeks, and then, after all that, you can finally withdraw your currency. On top of that there are fees. Outages. Slow downs in the market place. Once you have your digital currency. Where do you go spend it? It is not like you can walk to your local grocery store and exchange your bitcoins for a banana. I guess the good news for crypto enthusiasts is that the list of merchants that accept bitcoin is expandingbut still, how soon will that pick up to be practical for the masses? Here are a bunch of places I found, just through googling that will take yourbitcoin: (my friend Adam also made Cryptoallowed , a google that only returns crypto results which can h Continue reading >>
5 Best Ways To Buy Ethereum / Ether Classic With Credit Card Online
Jordan Tuwiner Last updated July 13, 2017 Most people try to mine Ethereum but then get frustrated with the high up-front costs. People want Ethereum, so the easiest way to get Ether ends up being by simply just buying Ethereum tokens or Ethereum Classic. This post will show you how to buy Ether with any of the following payment methods. Note: Before you buy Ethereum make sure you have a secure place to store your Ether! An Ethereum hardware wallet is the most secure option although not free. Buy Ethereum with Credit Card or Debit Card There are many ways to buy Ether with a CC and this section will discuss the 3 best options. Note that the fees will be around 3.5% for most options. In the USA, Europe, Canada, UK, and Singapore, Coinbase is the easiest way to buy Ethereum with a credit card. The fees will amount to 3.75% and you can buy instantly. Note that Coinbase only sells Ether and not Ethereum Classic. To buy Ethereum Classic you need to buy bitcoins on Coinbase and transfer the bitcoins to Poloniex to exchange them for Ethereum Classic. CoinMama is a nice option because you can buy less than $125 worth of Ethereum without the need to verify your identity. You can instantly sign up and buy Ethereum. You can have Ether in your wallet within about 20 minutes. The downside to CoinMama is the fees are pretty high and come out to around 7%. CoinMama supports credit and debit cards from basically any country. Note that CoinMama only sells Ether and not Ethereum Classic. To buy Ethereum Classic you need to buy bitcoins or Ethereum on CoinMama and transfer the bitcoins to Poloniex to exchange them for Ethereum Classic. Bitpanda is a Bitcoin broker based in Austria and now sells Ether as well as bitcoins. BitPanda has some good and low fees for buying ETH with a credit ca Continue reading >>
How To Invest In Ethereum (and Is It Too Late)
Home How To Invest In Ethereum (And Is It Too Late) How To Invest In Ethereum (And Is It Too Late) Ethereum has become a popular cryptocurrency alternative to Bitcoin over the last year. However, unlike Bitcoin and rival currency Litecoin, Ethereum has been adopted by many companies and startups as a way to transact (and more). In the cryptocurrency wars, I like to view Ethereum like the diamond of the currencies - it has both a intrinsic value and an industrial value. Compare this to Bitcoin, which operates like gold - not much industrial value, but people buy it and sell it based on it's intrinsic value to the holder. Given the popularity of Ethereum, many people are curious about what it actually is, how it's different than Bitcoin, and how to invest in it. It's also important to note the risks of investing, and the potential to mine it and create your own wealth of Ether (the actual monetary unit of Ethereum ). Before we dive in, it's important to note that to look at, use, and transact in Ethereum, you need a digital wallet. We recommend Coinbase because it's free, has a great app, and they give you a bonus for depositing $100 . Check it out. Ethereum is basically software that is decentralized and allows developers and programmers to run the code of any application. Wait, what? I thought Ethereum was money... well it has a monetary aspect. You see, Bitcoin uses a technology called blockchain specifically for conducting monetary transaction - it's a straight currency. Ethereum uses blockchain technology to allow the creation of applications that can be executed in the cloud, can be protected from manipulation, and much more (some stuff getting too technical for me here). However, a bi-product of this is that Ethereum uses a token called Ether, which is like Bitcoi Continue reading >>
How To Buy Ethereum (ether): Guide To Investing Ethereumprice
Join our newsletter to receive updates from EthereumPrice.org. Purchasing Ethereum can be done easily at any of the Ethereum exchanges below. Once Ether has been purchased for fiat currency (USD, EUR, GBP etc), the funds can be stored on the exchange itself or in your own secure wallet. For small purchases of Ethereum, users may wish to store their crypto on the exchange for ease-of-use. For larger purchases it is recommended that the funds are moved into a secure wallet. Alternatively, investors can trade Ethereum without having to buy and secure the currency through a CFD trading platform such as eToro . This section will expand over time and many other exchanges are also available. The Ethereum exchanges listed below all have a strong industry reputation and have operated successfully for many years. The process of purchasing Ethereum through an exchange is simple. Register an account with an exchange below, deposit US dollars, Euros etc and purchase Ether through the platform. Kraken has the world's largest cryptocurrency volume in EUR. Comparison disclosure: EthereumPrice.org provides a free (and advert-free) Ethereum price tracker. However, in order to sustain this free tool we have partnered with and receive commission from some of the platforms listed above. If you would prefer to just speculate on the price of Ether without purchasing the cryptoasset (and thus not requiring any of the associated security precautions), see this section on CFD trading for Ethereum . The process of buying Ether will vary from exchange to exchange, however the principles are very much the same. Those new to currency purchases need not be alarmed, many exchange platforms make it as easy as sending a single online payment. Register at your chosen exchange by submitting a few persona Continue reading >>
Top 3 Reasons To Buy Ethereum
Download your FREE report now: How To Invest in the Coming Bitcoin Boom Ethereum is the most promising technology investment out there. It's quickly proving to be one of the most profitable investments of all time. Since its birth in 2016, the digital currency has grown by over 1,100%. On its way up, it has made paupers into millionaires. And its growth is accelerating. If you had bought Ethereum in February, you would have tripled your investment by now. At Ethereums current growth rate, $500 dollars can be expected in the near future. Digital currency analysts think that we could see $500 before the close of the year. In the long-term, the currency is projected to enter the thousands. That means if you want to get in on this investment, you need to buy now. For those of you who dont know what Ethereum is, it's important to understand that it is much more than a digital currency. Ethereum is an open-source network. It is far superior to any other blockchain network. (I will go into the details of blockchain in the next section.) For now, know that when you purchase Ethereum, you are actually purchasing the networks digital currency, Ether. Ether powers the Ethereum network so by purchasing it, you invest in the network itself. Hence why all the coin exchanges use the coin's network name, Ethereum. This means that every time you buy Ethereum, you are putting money into the most powerful network that currently exists. And the potential for that network is endless. For the investors who are still speculative, the Ethereum facts detailed in this report should put you at ease and have you rushing to the exchanges. Ethereum has more applications than bitcoin Ethereum is backed by fortune 500 companies Ethereum is being incorporated by financial institution Ethereum has more Continue reading >>
3 Simple Ways To Buy Ethereum Instantly - A Complete Beginner's Guide
Last updated on December 14th, 2017 at 08:16 am Note:If youre looking to buy Ethereumfor trading purposes only you may want to check out Plus500 Ethereum CFD trading. Keep in mind that when trading CFDs your capital is at risk. Lately there has been a lot of talk about the hottestaltcoin in the community Ethereum. Ethereum is a cryptocurrency and a blockchain platform with smart contract functionality. Its basically a decentralized platform for developers to build apps on top of and it was invented by Vitalik Buterin in 2013. Ethereum can be used to codify, decentralized, secure and trade just about anything: voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind, intellectual property. Well, Ether is the currency of the Etherium platform. Etherwill be required by anyone wishing to build upon oruse the Ethereum platform. Just like BItcoin, Ether can be traded around the web and mined. In a second Ill show you exactly where you can buy it. Most people use the term Ethereum to refer to the currency instead of Ether and thats why it can get so confusing. The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale of the currency. The results were roughly: 60 million ether created to contributors of the presale 12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation 5 ethers are created every block (roughly 15-17 seconds) to the miner of the block 2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasnt included (called uncle/aunt reward) The founders of Ethereum state that Ether is not a currency as much Continue reading >>
How To Buy Ethereum | Digital Trends
Posted on December 22, 2017 - 6:00AM 12.22.17 - 6:00AM As much as bitcoin has shown amazing growth over the past few months , its been followed closely behind by some of the other popular alternative cryptocurrencies , the so-called alt-coins. One of the most exciting of those with an intriguing potential for the future, is Ethereum. If you want to get on that gravy train now, heres how to buy Ethereum. Proposed as a potentialsuccessor to bitcoin in 2014, Ethereum and itscryptocurrency token, Ether , offer some interesting features which could make the platform a better transactional medium than some of its contemporaries. Smart contracts make fraud and censorship even less likely than with other cryptocurrencies and the Ethereum blockchain is great for crowdsourced funding that doesnt require a third-party middle-man like Kickstarter or IndieGoGo. But whether you want to dig into the technicalities of what Ethereum and Ether are, or whether you just want to buy some to make some money out of it, in this guide well walk you through the best ways to do so, so you can get together your own collection of ETH in no time at all. Arguably the simplest way to buy your first Ether is through an exchange platform. They do all the hard work of checking prices and making the actual transaction for you. Although Ether differs from bitcoin and other cryptocurrencies in a few ways, using an exchange makes the practice of buying it no different. But which exchange should you choose? There are tens of popular exchange platforms and each of them is a little different from one another. The simplest suggestion is to pick an established and insured exchange with full support for Ether trading like Coinbase , Kraken or BitStamp , but you can always use Bitcoin.coms exchange page to sift th Continue reading >>
How To Buy Ethereum - Coinbase
Coinbase makes it easy to convert your local currency into and out of Ethereum. On this page, you'll learn how to buy Ethereum and store it securely in a wallet. The first step is to sign up for a Coinbase account. This will give you a secure place to store your Ethereum, and easy payment methods to convert your local currency into or out of digital currencies. Connect Your Bank Account, Credit Card or Debit Card After you sign up, connect your bank account, credit card or debit card. You'll need to complete some verification steps before you can use the account. Once the verification steps are complete, you can start a purchase. After starting your first purchase, we'll complete your buy and deliver your Ethereum. (Sells work the same way but in reverse). The price of ether changes over time, so we'll show you the current exchange rate before you buy. Continue reading >>
How To Buy Ethereum & Best Exchange Ratings
While all of these cryptocurrency exchanges do the same thing (facilitate buying and selling cryptocurrencies), they operate differently. To make things easier to understand, weve outlined 3 groups of exchanges: Group A This first group of exchanges allows users to trade fiat currencies (USD, EUR, GBP, etc.) and cryptocurrencies on an open market. These sites function similarly to traditional forex and stock exchanges, allowing users to make limit, market, stop, and even margin trades. Typically, these sites have limited deposit and withdrawal methods for fiat currencies, most commonly offering bank wires and bank transfers. While these sites can be complicated for new users, they typically have the lowest fees of any group. Exchanges in Group A include Gemini, Kraken, GDAX, & CEX.IO (CEX.IO also offers group B offerings). Group B The second group of exchanges operate more like online cryptocurrency retail stores. Rather than have their users make trades on a market, they directly facilitate the purchase and sale of cryptocurrency with their users. This creates a more beginner friendly process than group A exchanges. These exchanges also typically allow users to make purchases with debit and credit cards, in addition to bank wires/transfers. While these sites are typically thought of as the easiest ways for beginners to buy and sell Ethereum, they charge higher fees than Group A exchanges. Exchanges in Group B include Coinbase, CEX.IO, and Coinmama. Group C The last group of exchanges work similarly to Group A exchanges, but only offer cryptocurrency trading. This means on these exchanges you can only trade cryptocurrencies for other cryptocurrencies. This group does not offer the ability to buy or sell cryptocurrencies with fiat currency. Exchanges in Group C include Continue reading >>