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ETH remains the world’s No. 1 altcoin, and as the token that fuels the Ethereum network, it’s one of the most functional cryptocurrencies that money can buy. Despite last year’s bloodbath, ETH investors remain optimistic as ethereum tallies impressive gains so far in a very young 2023.
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If you’re looking to buy ethereum while it’s still relatively cheap, you’re hardly alone — but, as the FTX crisis taught the world, it matters where you buy your coins. Here’s what you need to know.
Where Beginners Can Buy Ethereum
Most beginners buy cryptocurrency through a centralized exchange, and ethereum is no different. Centralized exchanges are easy to join and simple to use, with familiar navigation tools and payment processing.
Buying on an Exchange
Ethereum is the second-biggest cryptocurrency in the world, behind only bitcoin — ETH has nearly three times the market cap of No. 3 tether — so you won’t have to look far to find an exchange that lists it. Here’s a look at the most popular and trusted centralized exchanges where you can buy ETH.
Exchange | Where It Excels | Commission |
---|---|---|
Coinbase | The largest and only publicly traded U.S.-based exchange, Coinbase stands out for its size, stability and regulation by the SEC. | Variable fees are calculated at the time of transaction based on several factors: order size, buyer location, payment method and market conditions, like volatility and liquidity. |
Binance.US | The version of Binance that U.S.-based users can access, Binance.US is known for low fees and a user-friendly app. | Zero-fee ethereum and bitcoin trading — it is the only major exchange where you can trade the two biggest cryptocurrencies for… |