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Ethereum Coin – What Is It, And How Do You Buy And Trade It?
What is ETH coin?
Ethereum is a form of cryptocurrency that was designed and launched on the 30th of July, 2015. It can be described as open source cryptocurrency that is distributed in block chains and over a smart contract feature operating system.
Simply put, Ethereum is a programmed or coded form of virtual currency that can be exchanged or traded publicly against other cryptocurrencies or live currencies such as the Dollar, Euro or Pounds sterling.
Buying Ethereum The Easy Way
How Do You Buy Ethereum?
You can buy Ethereum in diverse ways, but the commonest way to go about it is to make use of cryptocurrency exchange websites, where you can see interested sellers and you can buy it at the current rates.
The best thing about using cryptocurrency exchangers to buy Ethereum coin is that you will not get scammed, and you will not be short-changed because the transaction is secured and both the seller and buyer can check the buying and selling rates of Ethereum before a deal is completed.
Alternatively, you can buy Ethereum coin through your smartphone by installing Ethereum selling/buying apps. Coinbase is one of the most trusted and most widely used Ethereum trading apps on smartphone and other mobile devices.
All you need to do is download the app on your Android, or IOS smartphone, then install it before signing up for a Coinbase account. Once the sign up is completed, you can log onto your account and you will be directed to the Coinbase trading platform where you can see the current value of Ethereum.
You can add a payment account from your profile, this could be your credit/debit card, PayPal or bank wire transfer. Once the payment transfer has been completed, simply click on the “Buy” button, and you will receive a “fraud prevention call” from Coin base, before the purchase is completed. Once your payment has been confirmed, the Ethereum will be transferred into your cryptocurrency wallet.
Trading your Ethereum and generating a steady source of Income
How can you trade Ethereum with EasyMarkets?
Aside from Ethereum, you can also trade Bitcoin with EasyMarkets.
EasyMarkets is an easy to use cryptocurrency exchange platform that provides every tool that you need to trade your Ethereum and other cryptocurrencies such as Bitcoin. You need to sign up on the EasyMarkets platform to create an account for yourself, this can be found at https://www.easymarkets.com/.
Once you have created an account and your details has been confirmed, you can simply log in and practice trading in cryptocurrencies with a demo account available for all account holders.
If you can practice very well on the demo account and make use of all trading tools, then you can transfer your Ethereum coin from your cryptocurrency wallet, into the live trading platform and start trading your Ethereum or Bitcoin against other cryptocurrencies or real currencies such as Dollar, Euro, and Pounds.
Alternatively, you may want to buy and sell your Ethereum directly on EasyMarkets, all you have to do is to transfer your Ethereum into the account click on the “cryptocurrencies” option where you can find buyers who are willing to purchase Ethereum directly from you.