For newcomers in the cryptocurrency field, Ethereum virtual currency is an attractive investment option. This guide is designed to provide beginners with a clear and comprehensive roadmap, from understanding what Ethereum is to learning how to buy it. Whether you are completely new to you or have some knowledge of virtual currency, this guide will take you through the various aspects of buying Ethereum virtual currency.
What is Ethereum virtual currency?
Ethereum is a decentralized open source blockchain platform that executes smart contracts: programs stored on the blockchain. Ethereum Virtual Currency (ETH) is the platform's native token used to pay transaction fees, stake and participate in network governance.
How to buy Ethereum virtual currency?
1. Choose a cryptocurrency exchange:
Register a reputable cryptocurrency exchange such as Coinbase, Binance or Kraken.
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2. Verify identity: Provide personal information and government-issued identification documents to verify your identity.
Inject funds into your exchange account through bank transfer, credit or debit card.
Use your funds to buy Ethereum. You can specify the quantity or amount you want to purchase.
After purchasing, transfer your Ethereum to a secure and reliable storage such as Ledger, Trezor, or MetaMask.
Decentralization:
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