How to buy Ethereum (ETH) on Binance
Binance is the best place to buy, sell, trade, and hold ETH easily. Signing up for a Binance account will allow you to buy, sell, and hold cryptocurrency.
What is Ethereum (ETH)
Ethereum is an open-source blockchain with its own cryptocurrency, ether (ETH). While the two names are often used interchangeably, technically Ether (ETH) is the actual token, and Ethereum is the blockchain technology behind the cryptocurrency. It’s not possible to invest directly in Ethereum, but you can buy Ether.
Ethereum was founded by programmer Vitalik Buterin in 2015. It is a decentralized public ledger that validates and records transactions. It also enables developers to build, publish, and utilize smart contracts and decentralized applications (DApps) without the need for third-party services. Ethereum has powered new cryptocurrencies, products, and services, including the trending non-fungible tokens (NFT). It has now become a marketplace for financial services, games, and apps — all of which can be paid for in ETH. ETH is the second-largest cryptocurrency by market capitalization after Bitcoin.
How to buy Ethereum
You can buy Ethereum from Binance using any of this four methods below:
1. Buy Ethereum with Bank Transfer
2. Trade Ethereum
3. Buy Ethereum with Credit Card
4. Purchase Ethereum Directly
Buy Ethereum with Bank Transfer
Buy stablecoins listed on Binance by wiring money from your account to the providers of these coins. Then, use these stablecoins to buy Ethereum on Binance exchange.
Trade Ethereum
Binance supports the deposit of more than 300 cryptocurrencies, several of which you can exchange for Ethereum at some of the best rates in the market.
Buy Ethereum with Credit Card
You can directly purchase Ethereum with credit card or debit card on Binance. We offer the best route to buy Ethereum using Visa or MasterCard.
Purchase Ethereum Directly
You can purchase it directly from another individual in person or over the web on your own terms. Go to Binance P2P exchange to buy Ethereum locally.
Binance: Where The World Trades Ethereum
Fast
Binance’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.
Simple
Trading crypto on Binance is easy and intuitive. You only need a few steps to buy Ethereum instantly.
Secure & Trusted
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.
Liquid
Binance is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.
What to Do After I Buy Ethereum
Store/Hold Ethereum
Many users hold on to their Ethereum with the expectation of it increasing in value. You can store your Ethereum safely on your Binance wallet or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.
Trade Ethereum
You can trade Ethereum for 300+ cryptocurrencies on Binance’s industry-leading, fast, and secure trading platform. Binance offers many trading pairs for Ethereum trading to meet your needs.
Earn Ethereum
Earn Rewards by staking coins. Staking is a great way to maximize your holdings in staking coins that would otherwise be sitting in a wallet or trading account.
Send Ethereum
Yes, Binance Pay allows you to easily transfer value around the world, fast. You can buy Ethereum online and send to anyone and anywhere with their Ethereum address at ZERO fees.
Spend Ethereum
You can also buy goods and services with your Ethereum. More and more vendors and retailers accept Ethereum every day. Visit any of the listed merchants to buy your favorite things with Ethereum using Binance Pay.
Donate Ethereum
Binance Charity accepts Ethereum donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Ethereum so no one misses out on the growth made possible by blockchain.
Learn More About Ethereum
You can read more in-depth articles on Ethereum and study how cryptocurrencies like Ethereum work on Binance Academy.
READ MORE:
https://www.lumptrade.com/learn/ethereum/ethereum-eth-binance-622
