If you want to simply buy Ether or Ethereum (ETH), we assume you already know what it is. Buying Ether is usually difficult due to lack of proper tutorials and plethora of different Exchanges, specially if this is you first time buying crypto currency. Below is a tutorial of currently simplest Ether buying process at the moment. In was done for a friend in its simpler form, but it was rewritten for all of the Internet to use.
Important message: free 10 USD (9 EUR) worth of Bitcoin (BTC)
How? Follow this tutorial and invest at least 100 USD (89 EUR) in Ether. If you don't believe it (we had to read it twice, too), see official Coinbase page.
First of all, we will use Coinbase, one of the oldest digital asset exchange company headquartered in San Francisco, USA. They have the simplest buying procedure and are reliable and trustworthy. We use their system for more than a year and it hasn’t fail us yet, but be ready for occasional out-of-service moment.
Step 1: Create Coinbase account
Click here to go to Coinbase website first with your browser.
Type in your email, your real first and last name (do not use fake names) and a fairly complex password you can remember!
Verify your account via email you will receive.
Step 2: Verify your identity
Now the simplest procedure is to download mobile app for your mobile phone to verify your identity – it is way quicker to take a photo of your documents with your phone compared to scanning them and sending them via computer.
Just follow the procedure below:
Use proper lighting that does not cause reflections, do not take photo from a weird angle (take a photo from the top) and make sure that the ID number of the document is clearly visible.
After you submit it, you must wait at least 3 minutes to receive verification. Usually it takes around 5-15 mines, but it also can be longer – up to a couple of hours.
After it is finished, you will receive a notification email and it will pop in the phone menu also.
Step 3: Choose Payment method
Now you have a choice, either you transfer money instantly via Credit card and pay higher commissions (3.99%) or you go slower (1-4 days) via Banks and pay lower commissions (1.49%). You usually wait 1 day and a half.
If you want to go fast – pay via Credit card – go here.
If you will go slower but cheaper – pay via Bank or Wire transfer. Now continue by selecting where you live:
Step 4: Simply buy Ether
Finally, last necessary step. On the Coinbase website go to “Buy/Sell”.
Congratulations, you are now finally owner of your first ETH. We wish you good profits in the future!
Special offer – if you click this link and buy more than 89 EUR or 100 USD worth of Ether (ETH) or Bitcoin (BTC), you will get 9 EUR or 10 USD worth of FREE BITCOIN.
Optional – Step 5: Selling Ether
If you want to sell Ether (hopefully at a higher price than you bought it for) and transfer funds back, we have a tutorial for selling Ether here.