How to deposit with Ethereum? In the world of cryptocurrencies, there is a cryptocurrency with a great track record. Thanks to smart contracts and it’s a Blockchain technology that has allowed the development of a wide variety of digital currencies today. We refer to Ethereum for bitcoin casino USA, a cryptocurrency of great growth since its birth today. Here we present a guide with the best ways to Buy Ethereum and how to deposit with Ethereum?
Where to buy Ethereum?
There are two ways to buy Ethereum, and it is through a broker or through an exchange that they allow you to buy Ethereum quickly and safely. According to us, eToro is the best option to buy Ethereum for many reasons that we will explain in this guide.
Reasons to buy Ethereum on eToro:
There are a number of reasons to buy Ethereum with eToro, below are the most interesting:
Social trading: A highlight of eToro is social trading where you make a copy of the community trading. This is the perfect tool if you are a novice in the world of trading and you only need to copy all the transactions of the most successful traders in the world to get fantastic results.
A registration and operation process Easy, fast and secure: the registration process is fast and the interface simplifies investment.
How to deposit with Ethereum?
Regulated Broker: This broker is duly regulated by the Cyprus Securities Market Commission.
Different payment methods: Accept PayPal and a wide variety of payment methods.
Advanced tools: It provides several tools that allow you greater control of your investments. You will be able to use profit/loss caps and trade with leverage.
CFD contracts: This type of investment has the advantage that, even if the market is down, you can open short positions and make a profit.
You will be able to create a solid portfolio with the best cryptocurrencies: bitcoin, bitcoin cash, Ethereum, Ethereum Classic, Stellar, Ripple, NEO, EOS, Litecoin, and Dash.
How to deposit with Ethereum?
Steps to Buy Ethereum on eToro:
Step 1: Register on the eToro website
The first step to buy Ethereum with eToro is to go to the website of this forex broker.
In it, you only have to click on “Join now” to go to the next screen, where you have to configure your user account and enter your name, surname, username, email, access password, and phone number. Here you have the possibility to enter either with your Google account or with your Facebook account to speed up the process.
Registration on the eToro website:
When you have placed all the information you just need to click on “Create an account” and you are ready to enter your account.
Step 2: Verify your account information:
As a regulated broker, this broker will ask you for additional information to verify your account, to avoid money laundering crimes and other activities that try to avoid in the financial markets. Although verification is not necessary to enter the trading platform, it is necessary to verify to have access to important elements such as the withdrawal of profits, leverage, social trading, among other elements of trading.
eToro requires obtaining more important and sensitive information in order to activate certain features. Follow the steps corresponding to the registration process and enter “Settings” and the “Account” option in its menu. eToro will request the following information:
Steps for Registration Process:
How to deposit with Ethereum?
– Personal data: They will request: Name, sex, date of birth, full address and country of residence.
– Experience and objectives: It will ask several questions related to your knowledge and experience in stock trading. This to determine if you are eligible to trade CFD instruments. You will also be asked some basic questions about your financial status.
– Telephone verification: It will ask for a telephone number where a company operator will validate the information by telephone.
– Proof of address and identity: In this sense, you must scan and upload some personal documents to the system, in order to verify your identity, residence address and tax identification number.
Step 3: Deposit funds to invest:
Although eToro allows you to use a demo account to practice in the market, the intention of every investor is to operate in a real account. That to be able to earn money in their operations, for this, it is important to make the deposit of funds to invest. In the main menu of your account, you have to select the “Deposit Funds” option to proceed to invest in the financial market with the Forex or CFDs instruments offered by the eToro broker.
Step 4: Trade cryptocurrencies on eToro:
Now that your account already has money and you have validated all the information that is needed to confirm that you are a real investor. We will proceed to trade the Ethereum cryptocurrency in CFDs.
To do this, we are going to go to the menu and select the “Instruments” option and there we select “Cryptocurrencies”. As you can see eToro allows you to operate with 12 cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Ripple, Dash, Litecoin, Ethereum Classic, Cardano, Miata, Stellar Lumen, EOS, and NEO. So there are many options to win with cryptocurrencies.
Step 5: Open a trade to buy Ethereum:
Now, we are going to enter our first operation so we click on buy-in Ethereum. It opens a box where we can configure the amount to invest in this operation or the number of coins you want to buy. Once you put the amount you want to invest, click on “Execute Operation”.
This way, you have made your first Ethereum purchase successfully!