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Buy ETH in a few steps

Buy ETH in a few steps

Buy ETH and 99 cryptocurrencies with 93 fiat currencies
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What is ETH

Ethereum is a decentralized, open-source, programmable blockchain launched in 2015 by Vitalik Buterin, Joseph Lubin, Gavin Wood, Charles Hoskinson, and Anthony Di Iorio. The leading blockchain platform allows users to perform a host of activities, including transacting using its native token, Ether (ETH), running decentralized apps (dApps), minting and trading non-fungible tokens (NFTs), and more.


The best way to understand Ethereum's blockchain is to view it as a computer. Instead of running on one device, Ethereum operates as a decentralized blockchain platform. It runs on several devices or nodes worldwide simultaneously and allows anyone to write programs and run them on the computer.


Ethereum currently uses the energy-intensive Proof-of-work (PoW) mining algorithm to validate transactions on its network. However, it is currently transitioning to the more efficient Proof-of-stake (PoS) algorithm, which is projected to radically decrease the network’s energy consumption and make it more scalable.


The native cryptocurrency of the Ethereum blockchain is Ether (ETH). Ether is created when transactions are verified and added to the blockchain in a computationally-intensive process known as mining. ETH is used to carry out transactions and pay for services on the Ethereum blockchain.

How to buy Ethereum?

Why buy ETH with OKX?

Buy ETH in a few steps

Simple

OKX makes it easy to buy Ethereum with a user-friendly interface
Buy ETH in a few steps

Flexible

OKX offers a variety of payment methods and supports numerous local currencies to help users buy Ethereum
Buy ETH in a few steps

Fast

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history

What can I do after I buy ETH?

Ethereum is one of the most popular blockchains in the world. Its native token, Ether, is the second-largest cryptocurrency by market capitalization, boasting a market cap of over $500 billion at its peak.

ETH can be used to transact directly with others without the need for intermediaries. Ethereum's network runs some of the largest and most popular decentralized finance (DeFi) protocols, DApps, and games. To use the applications built on Ethereum, you need to have some ETH.

Ethereum is also undergoing a process to change its consensus mechanism to POS. This process commonly referred to as "The Merge," will make the Ethereum blockchain 99.95% more energy-efficient and significantly more scalable. Once complete, you will even be able to stake your ETH and get rewarded for doing so.

Ethereum is one of the most popular blockchain networks after Bitcoin due to its strong fundamentals and various use cases in various niches.

In just a few clicks, you can buy ETH on OKX with various payment options. To get started, create an account on OKX, complete your verification and buy ETH with VISA, MasterCard, or ApplePay credit cards.

How to buy Ethereum and store it safely?

Guide on how to buy Ethereum (ETH)

Buy ETH with your credit or debit card

You buy ETH directly with your credit or debit card. We support cards from all the major providers like MasterCard and Visa, denominated in over 92 local currencies.


Buy ETH through the peer-to-peer (P2P) market

You can buy ETH through OKX's diverse P2P market, which connects buyers and sellers directly with each other. Visit our "P2P trading" page to find a suitable seller and initiate a transaction. You can pay with bank transfer, cash, or any other payment method accepted by the seller. Our escrow service protects you through the entire process.


Buy ETH via the spot market

You can buy ETH in our spot market using various cryptocurrencies, such as Bitcoin, Litecoin, and USDT, to name a few. Visit the "spot trading" page to place an order once you have any suitable cryptocurrencies in your OKX wallet. You can buy any of these cryptocurrencies with your local currency via the "Buy with card" or "P2P trading" page or transfer them into your OKX wallet from an external wallet.


Buy ETH with your other cryptocurrencies

Use OKX's Convert feature to instantly convert any of over 100 cryptocurrencies, including BTC and USDT, to ETH for free and without any price slippage. Once your cryptocurrency is in your OKX wallet, head to the "Convert" page to get them instantly converted to ETH.

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FAQ
  • Can I buy ETH with my credit or debit card?
  • Can I buy ETH with a bank transfer?
  • Where do I find my ETH?
  • How many Ether tokens are there? And is there a maximum number of them?
  • Where do new Ether tokens come from?
  • What are the most popular cryptocurrencies to invest in today?
  • What are the top cryptocurrencies I can buy on OKX now?

Cryptocurrency is a new class of digital assets popularized by Bitcoin (BTC). While cryptocurrencies or digital/virtual currencies work much like their traditional fiat counterparts, the biggest difference between the two is the lack of centralized infrastructure and banks.


Where fiat currencies are issued by and kept in banks, digital currencies are issued via distributed mechanisms that follow strict consensus protocols. This translates into cryptocurrencies being stored on blockchains which are largely immutable, much more transparent and globally accessible.


Given their utility and growing list of use cases, cryptocurrencies are gaining popularity and one way to buy cryptocurrency is to use a reliable crypto exchange like OKX. On OKX, users can sign up, verify their identities and start buying Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, bank transfers and other supported payment methods.


Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.


Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.


Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.