How to buy Ether – a simple tutorial

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.

Coinbase logo
Coinbase logo

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.

Sign up form for buying Ether
Sign up form for buying Ether

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.

Email address verified on Coinbase
Email address verified on Coinbase

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.

Download:
iOS (iPhone and iPad) or Android app.

Just follow the procedure below:

Login to Coinbase on your mobile phone to simply buy ether
Login to Coinbase on your mobile phone

 

Click menu icon in the top left corner
Click menu icon in the top left corner
Select Identity verifications in the menu
Select Identity verifications in the menu
Click Verify new document - this is mandatory and use of exchange is not possible without proper document verification
Click Verify new document – this is mandatory and use of exchange is not possible without proper document verification

 

You can choose between three types, Identity card, Drivers license or Passport. You only need one and any of those three will do.
You can choose between three types, Identity card, Drivers license or Passport. You only need one and any of those three will do.
Prepare your documents and click Take photo
Prepare your documents and click Take photo
Make sure the documents are inside the square and that there is clearly visible ID number of the document
Make sure the documents are inside the square and that there is clearly visible ID number of the document

 

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.

Your identity has been verified email from Coinbase
Your identity has been verified email from Coinbase
When your document is verified it is visible in your app
When your document is verified it is visible in your app

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”.

From the top right select a violet icon with diamond on it - Ethereum
From the top right select a violet icon with diamond on it – Ethereum
If you want to invest all your money in Ether, click in the ETH field and click blue Buy max button - it will fill it with max ETH possible
If you want to invest all your money in Ether, click in the ETH field and click blue Buy max button – it will fill it with max ETH possible. If you have entered Credit card, you just specify the amount of ETH you can buy for your currency (mind your Credit card limit).
On the right you see the total amount of ETH you can buy and breakdown of fees - click Buy Ethereum Instantly below to simply buy Ether
On the right you see the total amount of ETH you can buy and breakdown of fees – click Buy Ethereum Instantly below to buy Ether

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.

Go to Coinbase and buy Ether!

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.

Full disclosure

We did this tutorial in the first place to help many of our friends, who asked for our help.

If you use links on the page, you also have a chance to gain 10 USD (cca 9 EUR) worth of Bitcoin, if you invest 100 USD (89 EUR) or more. It is a win-win situation for both you and us, because we get the same amount – and it is completely free.

We use Coinbase Referral  Program, which benefits both of us. You can read how it works on the official page.

 

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