Ethereum is consistently holding the second position in the ranking of the most capitalized cryptocurrencies. This provides coins with a high investment attractiveness even against the backdrop of fears about the possible onset of another crypto winter. Yes, they are still relevant, despite the first signs of “warming” in the cryptocurrency market.
The success of ETH is due to the specifics of the project. The launch of the Ethereum blockchain is the beginning of the era of decentralized finance. Hundreds of decentralized applications for various purposes have already been deployed on the basis of the blockchain.
Where to buy Ethereum
The coin is available on almost all specialized cryptocurrency platforms, ranging from large centralized exchanges to new and still little-known services. Ethereum forms trading pairs with fiat and many digital currencies.
If you are just planning to become a crypto investor, it is important for you to choose a reliable platform for buying your first coins.
The main criteria for choosing an exchange
First of all, you need to pay attention to the stability of the exchange and its safety and reliability. These indicators play a huge role in shaping the reputation of the exchange.
No less important are the commissions for trading operations and the withdrawal of assets. By the way, the number of supported cryptocurrencies is not the most important criterion for success. It will be quite enough if the chosen site supports exactly the coins you need and deposit replenishment methods that are convenient for you.
Pay attention to the jurisdiction of the exchange and check if it is available in your region. And ceteris paribus, it is better to choose a platform with a simpler and more understandable interface.
Binance
In the Coinmarketcap rating, the Binance crypto exchange takes the first place. This is a platform with the best conditions for cryptocurrency trading. It has the lowest fees on the market and the opportunity to earn additional discounts for high trading volumes or holding BNB, Binance’s native currency.
The platform supports over 700 digital and fiat currencies. Spot trading, deposits, futures, staking and P2P trading are available here. The exchange is compatible with any device.
The user-friendly interface is suitable for both beginners and experienced traders. The site has a demo account function and a lot of training materials. To exchange a dollar to Ethereum, over 60 ways to replenish deposites are provided.
The exchange often adds new coins of promising projects. It is important that Binance is available in almost all countries of the world.
FTX
The platform was created by traders and for traders. Ftx.com partners with Binance and also has its own FTT token. Ftx has a smart design, supports over 40 tokens, spot markets, futures, leverage.
The site is available from PCs and smartphones in almost all countries of the world. The functionality of the exchange is available after registration. KYS is not a mandatory procedure, but without it, the user’s capabilities are limited to amounts up to $ 1,000. There are still few ways to replenish the deposit, since the site is still quite new. FTT token holders are provided with discounts, there is the possibility of passive income on staking coins.
Kraken
Kraken is one of the oldest crypto exchanges, which still remains in the TOP. It is one of the safest trading platforms. There have been no cases of hacking in the history of the Kraken. Most of the coins are stored offline.
The platform supports over 100 coins and tokens, this is one of the few places where the direct exchange of Monero to USD is supported. Commissions on the exchange are dynamic, calculated individually according to the volume of trade.
The Kraken exchange is available in almost all countries of the world.
Bitfinex
Among the indisputable strengths of the exchange is a large trading volume and tools for technical analysis. The exchange offers margin trading, staking, and crypto lending. The site is more suitable for experienced crypto traders.
Commissions are generally higher than the average market level, but with active trading, the user can receive solid discounts.
Bitfinex is not available in the US and a few other countries.
