Where To Buy Ethereum in USA – Learn How To Buy Ethereum For Beginners in 2022

Fact Checked by Gary McFarlane

People would have laughed at you ten years ago if you held a crypto portfolio. Today, everyone is rushing to put their money in digital currencies. Who doesn’t want to buy a coin at almost zero and sell it for tens of thousands of dollars in just a few years?

Investors who missed the primary Bitcoin wave are resorting to buying Ethereum in the US. It is the second-largest crypto with a market cap of $363 Billion. You may also want to jump on the train before it’s too late.

Hold your horses if you’re wondering how to get started. You will learn how and where to buy Ethereum in this guide. All you need is a proper internet connection and payment method. Let’s walk you through without further ado.

Table of Contents

Buy Ethereum at eToro – #1 Broker

1
$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

How to Buy Ethereum in USA – A Quick 4 Step Guide

If you have always wanted to put your money in Ethereum and you just can’t wait, here is an easy way. Follow these few steps and start buying Ethereum for beginners in less than fifteen minutes.

  1. Get an Account with eToro: eToro is the best platform for buying Ethereum in the US in 2022
  2. Verify your Identity: Upload your ID for verification in compliance to government KYC requirements
  3. Fund your Trading Account: Load money into your trading account to start investing in Ethereum.
  4. Buy Ethereum: Go to eToro’s trading platform and buy Ethereum now.

Where To Buy Ethereum in USA – Full Broker Reviews

You need to find a reliable trading platform for buying Ethereum for beginners in the US before you can start investing in this coin. eToro is our best choice. Here is our comparison for the best Ethereum brokers 2022 in the US.

1. eToro – Best Broker to Buy Ethereum in the US

Whether you’re a new or a seasoned crypto trader, eToro is your best pick to invest in Ethereum. You want a broker that allows you to buy Ethereum at a low cost and guarantees your money will be safe.

As an investor, you should strive to keep your expenditure as low as possible. eToro makes this happen by actually helping you maintain your costs at zero!

You will not pay a commission or any other hidden fee when buying Ethereum for beginners with this broker. However, a 1% fee is charged for buying or selling cryptocurrency.

eToro is a compliant crypto provider under different regulations across the globe.

eToro has established a solid reputation in the markets for compliance with regulations set by top financial authorities like FCA, CySEC & ASIC. This means that you can trust them with your funds because they abide by federal laws that exist to protect you, the investor.

One of the requirements that eToro fulfills is keeping client funds in a segregated account. If the company ever runs out of money to operate, your investment will still be intact.

Try searching “eToro Reviews” in your browser’s search engine. You will marvel at how many crypto traders worldwide trust this platform. eToro has an excellent customer support team for US customers.

Apart from responding quickly to client issues, they have developed an entire knowledge base where you can find a solution to any problem you’re likely to face when using their platform.

Newbies and busy traders love buying Ethereum using eToro in the US because of its state-of-the-art social trading technology.

We all love to start making money as soon as possible whenever we involve ourselves in a new opportunity. You don’t have to wait until you’re a pro trader to start investing if you’re using eToro.

Take advantage of copy trading and duplicate trades of successful investors. Don’t freak out if you’ve never used a trading platform. eToro’s platform is user-friendly with a beautiful interface. It’s easy to use, and you don’t need any training to start using it to invest in crypto.

When funding your trading account is a hustle, investing also starts looking like a mirage. eToro understands this too well, and that is why it supports a wide array of payment options.

You can deposit funds into your eToro trading account using Debit/Credit cards, bank wire transfers, or e-wallets.

The broker is compatible with the most popular and secure e-wallets like PayPal, Skrill, and Neteller. Nothing will block your ambitions to make money by buying Ethereum in the US with eToro.

We know this is all exciting information. You don’t need to go back to your browser to start investing in Ethereum today. Click on the eToro link on this page to begin enjoying seamless trading.

Choosing the perfect Ethereum wallet is tricky, but if you’re looking for a sleek option that’s secure and reputable, then check out the best Ethereum wallets in the USA. Available to American residents, these clever wallets will be sure to have your friends green with envy. With multiple layers of subtle security offered by up-to-date technology, peace of mind comes easy!

Summary of eToro Fees

Commission Commission-free, but charges a fee of 1%.
Deposit charges 0%
Withdrawal charges $5
Inactivity charges $10 per year after 12 months of inactivity
Other fees 0%

 

Pros Cons
 Commission-free trading and no hidden charges  $10 fee after a year of inactivity
 Complies with federal regulations  Not suitable for advanced traders
 Keeps client funds in a segregated account
 User friendly platform; one does not need the training to use
 Extensive research database to support clients

 

67% of all retail investor accounts lose money when trading CFDs with this provider.

2. Pionex – Leading Crypto Exchange with 18 Automated Crypto Trading Bots

pionex

Looking to get into Ethereum trading? Look no further than Pionex! Pionex is the ultimate crypto exchange for all your trading needs. Notably, Pionex offers 18 free crypto trading bots that you can use to automate your trading 24/7. Pionex’s liquidity aggregation from Binance and Huobi Global ensures that you get the best prices at all times.

Furthermore, Pionex’s bots are designed to help you take advantage of every opportunity in the market, 24/7. Whether you’re asleep or at work, Pionex’s bots will be working hard to make sure you’re always making profits.

In addition, Pionex’s bots are pre-built and easy to use, so you can start trading right away. With Pionex’s low 0.05% trading fee for the maker and taker, you can be sure you’re getting the best value in the market.

Pionex’s low trading commissions and feature-rich mobile app make it the perfect choice for active investors on the go. So why miss out on opportunities when Pionex has your back? Join today and get started on your path to successful crypto trading!

Are you looking for a way to buy Ethereum? Look no further than Pionex Lite! Pionex Lite allows U.S. dollar purchases of Ethereum, making it the perfect solution for anyone looking to get into the cryptocurrency market.

With Pionex Lite, you can buy Ethereum and send it to Pionex for trading. So what are you waiting for? Get started today with Pionex Lite!

Pionex is the ultimate crypto trading platform. It’s fast, secure, and easy to use, making it the perfect choice for traders of all levels of experience. Moreover, Pionex is built specifically for automated trading bots. And if you want to make manual trades, Pionex makes that just as easy.

With Pionex, you’ll have access to a wide range of features that will help you make the most profitable trades possible. So why wait? Sign up today and see the power of Pionex for yourself!

Summary of Pionex fees

Trading fees
  • 0.05% for the maker and taker
Deposit fees $0
Withdrawal fees Varies according to coin
Inactivity fees $0

 

Pros

  • Get 18 free trading bots to help you make the most of your investment
  • Automated Grid Trading Bot that buys low and sells high in a specific price range, ensuring consistent profits
  • Get up to 5x the leverage with Leveraged Grid Bot
  • Spot-Futures Arbitrage bot assists investors to obtain passive income with low risk. It employs a strategy that has been estimated to provide a return of 15-50% APR
  • Martingale bot increases portfolio profitability through DCA strategy
  • Ensure you’re in control with the easy-to-use Rebalancing bot to hodl your coins
  • Work smarter with Dollar-Cost Averaging (DCA) bot that purchases the same dollar amount at regular intervals
  • Increase your winning trades by setting up advanced stop-loss, take profit, trailing in one trade
  • Gain an edge over other investors with these sophisticated bots
  • Improve your chances of making a profit with these tools at your disposal
  • No need to spend hours researching the best trading strategies – let the bots do the hard work for you!
  • Mobile apps available for iOS & Android
  • Regulated by FinCEN

Cons

  • Lack of fiat deposits or withdrawals
  • Lack of demo account for beginners to practice trading

67% of all retail investor accounts lose money when trading CFDs with this provider.

3. Webull – Trade Ethereum and Enjoy Zero Commissions

Are you ready to take your Ethereum trading to the next level? With Webull, you’ll have everything you need to get started. Webull’s platform offers a wide variety of features and tools that make it easy and profitable for you to trade in the crypto market. Plus, Webull provides competitive rates and no commissions, so you can save money on every trade. Ready to get started? Sign up today and start trading!

With no commissions, Webull is the right investment for traders of all levels. From beginner to expert, Webull has a platform that caters to your needs with easy-to-use tools. Best of all, there are no monthly account management fees or inactivity fees!

Webull has a sleek desktop app that takes the guesswork out of making successful trades. It doesn’t matter if you’re looking to buy or sell. Webull will make your trade speedy and simple.

While Webull does not charge commissions for cryptocurrency trading, there’s still that 1% spread to worry about. This means that with Webull, your investments are still in the best hands without paying outrageous fees that some competitors charge!

Webull is the perfect broker for your sophisticated needs. With 50 technical indicators available, you can be certain that Webull will help you find the strategy that best suits your personality. So whether it’s toying with 12 different charting tools or planning your investment strategy, you’ll never have to worry about missing an opportunity again!

Stock up on Ethereum with Webull, where commissions are always free. There’s no minimum deposit requirement either, so start trading now for as little as $1!

If you’re looking for a way to make a little extra money, then check out our list of the best crypto staking platforms!

Summary of Webull’s fees

Commission 0%
Deposit charges 0%
Withdrawal charges $0
Inactivity charges $0
Other fees 1% of the spread

 

Pros

  • No commission on trades, ever
  • No account minimums
  • Open your account in just minutes
  • Wide variety of tools for traders
  • No fees trading crypto

Cons

  • Crypto spreads start at 1%
  • Too simplistic for seasoned traders
  • Lack of mutual funds
  • No support for e-wallets or debit/credit cards

67% of all retail investor accounts lose money when trading CFDs with this provider.

4. Interactive Brokers – Broker to Buy Ethereum in the US for Asset Diversity

Interactive Brokers- Best Institutional Grade Trading Platform in U.S 2021

If you’re a sophisticated trader looking to invest large sums of money in crypto, you may want to learn more about Interactive Brokers (IB). The platform boasts a good reputation among top traders globally. One of the critical factors that lead advanced traders while looking for a platform to buy crypto in the US is trading tools. IB trading platform comes with multiple advanced technical analysis trading instruments that will serve any sophisticated trader just right. The broker also offers high-end trading programs across all devices, ranging from Windows, iOS to Android.

Enjoy lightning speed execution and interbank trading liquidity when purchasing Ethereum in the US with Interactive Brokers. Just like eToro, you have a wide range of payment options for buying Ethereum with IB. No one is left out.

Interactive Brokers is a major brokerage firm to offer cryptocurrency trading, and it’s a move that is sure to excite traders of all stripes. With this offering, you can trade BTC, ETH, LTC, and BCH via Paxos Trust Company.

So whether you’re looking to invest in Bitcoin or Ethereum or want to add some Litecoin or Bitcoin Cash to your portfolio, Interactive Brokers has you covered.

Plus, with industry-leading low commissions and no minimum deposit requirements, Interactive Brokers makes it easy and affordable to get started in crypto trading.

Interactive Brokers is the go-to for trading cryptocurrencies via Paxos. With low commissions of just 0.12%-0.18% depending on monthly volume, Interactive Brokers will reduce your expenses like no other broker out there!

In addition, with a $1.75 minimum per order, you can make even more trades without worrying about added spreads, markups, or custody fees!

Fund your account with Apple Pay, Samsung Pay, Credit/Debit Cards, Master Cards, and even Google Play. If you lack all these, you indeed have a bank account.

So, you can finance your IB trading account through a bank wire transfer. Learn how to buy Ethereum with this broker today.

Account application with IB is easy and seamless. Having said all that, your pockets must be running deep for you to invest in Ethereum using Interactive Brokers.

Your broker account will not be activated without a minimum deposit of $10,000 in the first eight months. So if you’re starting, this might be one hell of a long shot. Even if you have the money, we like to tell new traders to start with a small balance like $500. You don’t want to make a mistake worth $10,000.

Always start small and grow your balance as you gain confidence in your trading skills. You may also be disappointed if you want to have a diverse crypto portfolio with IB.

An investor who wants to put some money in newer coins like Dogecoin will be at a disadvantage.

In 2019, the company introduced Interactive Broker Lite (IBKR Lite) to target casual investors and beginners. So if you thought your chances of joining this platform are zero, you have just found a way out. Interactive Broker Lite is a free-to-use platform with zero maintenance fees.

You will not get access to some of the sophisticated trading tools available on the pro account when using IBKR-Lite. The minimum investment for a lite account is $0; anyone can use it.

Summary of IB fees

Commission
  • 0.12%-0.18%, depending on monthly volume
  • $1.75 minimum per order
Deposit fees Up to $25
Withdrawal fees 0%
Inactivity fees $0

 

 

Pros Cons
 Advanced trading tools for the pro trader Limited choice of cryptocurrencies
 Institutional speed and efficiency  High minimum deposits for IBKR-Pro
 Interbank liquidity for CFDs  High deposit fees
 It fits both casual and sophisticated traders  It lacks a user-friendly platform for beginners; one might need training to start using their platform.

 

67% of all retail investor accounts lose money when trading CFDs with this provider.

5. Coinbase – Buy Ethereum in the US for Beginners

Buy Ethereum at Coinbase

Coinbase is one of the platforms that people call the father of crypto trading. It was developed mainly to facilitate buying and selling crypto just three years after Bitcoin hit the market. In 2012, you could only purchase Bitcoin on this platform.

After all, cryptos had not infiltrated the world like today. Over time the program adopted newer coins.

If you’re looking for a comprehensive cryptocurrency exchange, Coinbase is an excellent choice. Here, you’ll find more than 100 digital assets to trade with.

So whether you’re a beginner or a seasoned pro, there’s something here for you.

What’s more, Coinbase is known for being one of the most reliable exchanges out there. Being one of the first platforms to introduce digital coin trading to the world, we can comfortably say that Coinbase’s reputation has stood the taste of time.

The broker serves a record number of approximately 73 million verified users globally. This can only tell you that Coinbase is reliable, efficient, and trusted. So you can rest assured that your funds are safe and secure.

So why not give Coinbase a try today? You won’t be disappointed!

We only recommend the best platforms for learning how to buy Ethereum in the US in 2022.

The main idea behind starting Coinbase was to provide beginner crypto traders with a reliable platform. You will love interacting with Coinbase’s trading interface for its friendliness and visual appeal. Like eToro, you don’t need any training or prior crypto trading experience to purchase Ethereum with Coinbase.

Registration is straightforward; it takes just a few minutes to set up your Coinbase account and start investing in Ethereum in the US today.

Once you get an account with this platform, you can participate in lessons and quizzes that allow you to earn free cryptocurrencies as you learn.

Again, you don’t need any investment for this; it’s just their way of promoting cryptocurrency education. Funding your account might be an issue if you prefer e-wallets; this platform only supports bank wire transfers and credit/debit cards.

Notwithstanding that your options are limited, Coinbase deducts a 3.99% commission for every deposit with a debit or credit card.

Additionally, get ready to pay a commission of 1.49% for every transaction you make on this platform. These costs might be expensive if you’re just starting with a small balance.

Summary of Coinbase’s fees

Commission Up to $2.99 per trade
Deposit charges
  • 3.99% for debit/credit cards
  • 1.49% for bank accounts
  • Free for ACH Transfers
  • $10 ($25 withdrawal) for Wire Transfers
Withdrawal charges 3.99% withdrawal fees on credit/debit cards
Inactivity charges 0%

 

Pros Cons
 Offers over 100+ digital assets  Higher trading Commissions
 Does not charge an inactivity fee  High Deposit fees
 No minimum deposit
 Long-standing reputation
 Trusted by approximately 73 million verified users globally

 

67% of all retail investor accounts lose money when trading CFDs with this provider.

6. Crypto.com: Get Rewarded for Trading on the Hottest Digital Currencies!

Crypto.com provides a secure platform that allows you to explore the crypto world and stay on top of all the happenings in this rapidly-expanding market with ease! With Crypto.com, there is never any middleman, so trading fees are always kept at their absolute minimum. Moreover, there’s no need for complicated downloads or installations – you can get started instantly in your browser or through the mobile app.

Crypto.com offers unique trading opportunities for those who want to take the next step in the crypto revolution but aren’t hardcore investors yet. With Crypto’s help, anyone can easily start a portfolio of their favorite currencies at a low cost. So why stress out with high-risk trades when you don’t need to?

Crypto.com’s fee structure is competitive, transparent, and fair. Capped at 0.40%, fees decline as trading volume increases or CRO holdings increase. The 0.40% fee is much lower than other exchanges and means more profits for you! So become an investor today and reap the rewards of being smart about your investments! Crypto.com’s low fees, transparency, and up-to-the-minute prices help you stay on top of all your trades without breaking your margins or bank account.

Crypto.com has made a huge impact on the world of cryptocurrency, and their $700 million naming rights deal is sure to attract even more attention!

What’s hot in crypto? Rewards, that’s what! Crypto.com Supercharger is the simplest and most flexible rewards platform around – just stake your CRO on the Crypto.com Exchange and start receiving rewards on the hottest digital currencies today, such as Ethereum and Shiba Inu. With simple, secure, and flexible options, it’s easy to get started. So sign up now if you don’t have an account already to begin reaping the benefits!

Looking to add some growth to your Ethereum and other cryptocurrency assets? Crypto.com has you covered! You can earn interest on your crypto holdings with Crypto Earn, a service from Crypto.com! Simply deposit your preferred cryptos into the Crypto Earn feature, and start accruing interest on a daily basis! This is a great way to add some passive income to your portfolio and watch your assets grow over time. So sign up today and get started on reaching your financial goals!

Whether you’re a beginner or pro, Crypto.com has the tools and features to make your trading experience simple and profitable. Plus, there’s no minimum deposit required, so start building that portfolio today!

Crypto.com Fees

Deposit fees 2.99% for debit/credit cards
Withdrawal fees Fees vary
Trading fees

 

Maker: 0.04-0.20%

Taker: 0.10-0.20%

 

Pros

  • Buy and sell a wide variety of cryptocurrencies with low fees
  • Earn cashback rewards and enjoy numerous privileges
  • Invest in a portfolio of coins and tokens with just one click
  • Earn interest on your crypto holdings
  • Safe and Secure Transactions

Cons

  • Fees are higher unless you own and utilize CRO
  • Navigating can be difficult for beginners
  • Inadequate client service
  • Discounted trading fees can be difficult to understand
  • Insufficient educational resources

67% of all retail investor accounts lose money when trading CFDs with this provider.

7. Binance: Invest Smart Without the Hassle – Trade Ethereum Now!

Imagine a world where you could earn a salary just by buying and selling crypto. Sounds insane, right? Welcome to Binance, a cryptocurrency exchange with the latest features and advanced security, where it’s easier than ever to trade for profit! If you’re looking for some of the best trading conditions and top-notch protection, look no further than Binance.

We know you’re a savvy investor. So don’t let the nitty-gritty hold you back from getting your hands on the highs and lows of the digital currency markets. Binance doesn’t charge any fees when you deposit your coins into your Binance account, so bring all your coins to the exchange and start trading without paying anything extra!

The Binance exchange has one of the most competitive fees in this industry, with a 1.8% deposit fee for credit cards/debit cards! Some people might be put off by Binance’s credit/debit card deposit fee, but the exchange is really inexpensive when you compare it with other exchanges in this market.

Binance wants to help you spend your crypto! With a 1% withdrawal fee to debit or credit cards, Binance makes it easy and affordable to access your funds. So whether you’re looking to make a quick purchase or want to take advantage of the growing blockchain economy, Binance is here for you.

Beyond low fees on all markets, the revolutionary platform has made trading simple for any level of experience. You can easily track whether or not your buy or sell decision was profitable with charts that are easy to compare against.

You’re looking to buy Ethereum? You’ve come to the right place. Think of Binance as your one-stop shop for all things crypto. Whether you’re ready to sink some more money into ETH, trade it on our exchange, or are just looking for services – Binance has you covered! Binance is hassle-free and makes it easy to buy Bitcoin and Ethereum. Turning your cryptocurrency into a diversified portfolio couldn’t be easier. Head to Binance now and start investing!

With low fees, you’ll be able to trade with a clear conscience. Binance has revolutionized the cryptocurrency market with its ultra-low fees and vibrant global community. For crypto traders looking for a quicker way to make money, Binance is the top choice!

Binance fees

Deposit fees 1.8% to debit/credit cards
Withdrawal fees 1% to debit/visa cards
Trading Commissions
  • 0.1% spot trading fee
  • 0.5% instant buy/sell fee
Minimum trade $10

 

Pros

  • Trade over 365 cryptocurrencies on one platform
  • Low fees
  • High liquidity
  • Rapid exchange of crypto
  • Reputable exchange

Cons

  • The Binance platform is not available to residents of the United States
  • The platform is intricate and can be perplexing
  • KYC compliance will be beneficial to some users while being detrimental to those desiring anonymity
  • Previously encountered security breaches
  • Customer service is inefficient

67% of all retail investor accounts lose money when trading CFDs with this provider.

8. Gemini: The World’s Most Trusted Ethereum Exchange

Introducing Gemini, the world’s first licensed Ethereum exchange based in the USA. Following a journey of rowing in the crew team, the Winklevoss twins’ creative entrepreneurial spirits couldn’t be contained. The Winklevoss twins founded Gemini because they knew people wanted a secure place to store their digital assets. So what is better than having your money in a New York trust company? Exactly! Gemini is the place for anyone who wants to be a clever trader. It’s made to grow with you — your number one choice for Ether trading.

Gemini is one of the most trustworthy platforms for people new to cryptocurrency – or even those who want more control over their investments than such exchanges like Coinbase offer. With extraordinary security measures that can secure valuable tokens in cold storage, Gemini has everything the crypto pro could need in order to submit or access trades conveniently just about anywhere, 24 hours a day.

Gemini is an excellent investment platform for anyone looking to make the most of their money. With no deposit fees for ACH or wire transfer and only a 3.49% fee for debit card deposits, Gemini makes it easy to get started.

Bear in mind that convenience fees are included in the quoted price of the crypto you are purchasing and are increased by 0.5% for buy orders. The transaction charge is determined by the currency and transaction volume.

Gemini is the perfect place to buy, sell, and trade cryptocurrencies like Ethereum. With its cutting-edge technology and user-friendly interface, Gemini makes it easy for everyone to get started with crypto. Whether you’re a seasoned trader or just getting started, Gemini has everything you need to take your cryptocurrency experience to the next level.

Gemini ActiveTrader is an all-in-one trading interface for day traders. With Gemini, you can finally say goodbye to your broker and enjoy the freedom of placing market or limit orders. Advanced charting, several order types, auctions, and block trading are all available in Gemini ActiveTrader. In other words, Gemini has everything you need to make higher profit margins!

Gemini is built on trust and transparency, and the company is committed to providing its clients with the best possible experience. With Gemini, you’ll enjoy fast and reliable transactions, 24/7 customer support, and a secure platform backed by state-of-the-art security measures. So if you’re looking for a dependable Ethereum exchange that offers a wide range of features, Gemini is the perfect choice.

Gemini is regulated by the New York State Department of Financial Services, and they’re committed to meeting the highest standards of security, compliance, and customer service. As a result, Gemini provides a safe, secure, and compliant platform for buying, selling, and storing Ethereum. Try them today!

Gemini fees

Deposit fees 3.49% to debit/credit cards
Withdrawal fees 10 free withdrawals per crypto every month
Transaction Fees
  • For orders under $200, prices range from $0.99 to $2.99
  • 1.49% on orders over $200
Account minimum $0

 

Pros

  • Add more diversity to your investment portfolio
  • Intuitive features for a more efficient workflow
  • A cutting-edge trading platform
  • Earn daily interest for your crypto holdings
  • High quality, reputable exchange
  • Maintain peace of mind knowing that your assets are insured
  • Makes you feel like a pro
  • Create a portfolio that reflects your personality

Cons

  • The fee structure is prohibitively expensive for modest trades
  • Could be challenging for beginners

67% of all retail investor accounts lose money when trading CFDs with this provider.

9. Kraken: Invest with Confidence, Trade with Peace of Mind

The Kraken is one of the ocean’s most feared beasts, and now you can enjoy that power for yourself with a Kraken account from Kraken! Kraken is a popular well-respected online exchange to buy and sell Ethereum.

Kraken is a top crypto exchange with the lowest fees, the most security, and an easy-to-use interface. Kraken has been rated one of the most trusted crypto exchanges in the world for years now, thanks to its consistently low fee rates without sacrificing security or ease of use. So if you are looking to trade Ethereum securely at one of the biggest cryptocurrency exchanges around, you can’t go wrong with Kraken’s fair prices and intuitive tools.

Kraken does more than just offer margin and futures trading. With a varied portfolio of investments, it will be exciting for the investor to take advantage of while prices fluctuate. In addition, Kraken’s security is unrivaled by other crypto exchanges. So keep your assets secure with Kraken.

Additional charges can apply depending on the payment method used to complete the transaction. For instance, the cost of funding varies from 0.5% when employing a bank account to more than 3.75% whether using a debit card, credit card, or digital wallet.

Purchases made instantly cost 1.5% for the majority of coins and 0.9% for stablecoins utilizing USD or another stablecoin.

You’ve always known you were destined for greatness, and now with cryptocurrency futures trading on Kraken, it’s time to put your skills into practice.

Looking to add some diversity to your investment portfolio? Kraken has you covered! Kraken offers a variety of products that are perfect for both beginners and experts. So whether you’re just getting started or you’ve been investing for years, Kraken has the perfect solution for you. With Kraken’s low fees and excellent customer service, you can be sure that your money is in good hands. So why not give Kraken a try today?

Kraken Fees

Deposit fees 3.75% + €0.25 per transaction fee for debit/credit cards
Withdrawal fees Varies by cryptocurrency
Transaction Fees
  • 0.16%/0.26% (Maker/Taker)
Fee structure $10. Minimums vary by cryptocurrency type

 

Pros

  • Low fees
  • Easy to use and understand
  • Simplify the process of exchanging many different crypto assets
  • Trade in a safe way
  • Earn rewards on staked assets

Cons

  • Fees are prohibitively high for novices who use the Instant Buy platform
  • Customer service is limited

 

67% of all retail investor accounts lose money when trading CFDs with this provider.

10. Bitstamp: Stake ETH and Earn Interest

Looking to make some smart investments? Bitstamp is where you want to be. Bitstamp offers a reliable, safe, and user-friendly experience, all without sacrificing trust. Trade fiat currencies for popular cryptocurrencies like BTC, ETH, LTC, and XRP on Bitstamp’s platform – it’s the exchange of choice for extraordinary value investors operating on a global scale. Don’t miss out – explore Bitstamp today!

Bitstamp charges a fixed fee for cryptocurrency trades based on the volume of your 30-day trading. There are a total of 17 tiers, with 0.50% being the highest. Your fees will reduce as you advance through the levels.

A card purchase entails an instant service fee of 5% of the purchase amount.

If you live in the USA, you may fund your account using ACH. In this case, both deposits and withdrawals are free.

On Bitstamp, the most expensive fees are those related to deposit and withdrawal procedures. This varies by payment type, as well as by your location and the currency being transferred.

Do you want to make your ETH work for you? Bitstamp Earn offers traders around the world a way to earn interest on their Ethereum (ETH) holdings. Simply stake your ETH with Bitstamp and watch your balance grow!

When you’re looking for the best Ethereum staking platforms, it’s important to choose wisely and know what you’re getting into. Don’t just pick any old staking platform that claims to be #1! We’ve done the research and we’ve compiled a list of our favorite Ethereum staking sites so you can jump on board.

Bitstamp Fees

Deposit fees 5% for card purchases
Withdrawal fees Fixed and varies by cryptocurrency
Transaction Fees Flat fee depending on 30-day trading volume
Fee structure A 17-tiered fee structure based on total trading volume over the previous 30 days, with transactions under $10,000 subject to a 0.50 percent transaction fee

 

Pros

  • Simple and easy to use
  • Trade fiat money for different types of cryptocurrencies
  • Accepts debit/credit cards and bank transfers
  • Get a chance to make huge profits with minimal risk
  • Feel like you’re getting in on the ground floor of something big

Cons

  • Markets with a limited supply
  • Lack of margin trading
  • 5% surcharge on debit/credit card transactions

67% of all retail investor accounts lose money when trading CFDs with this provider.

11. Coinmama: Without a Doubt, the Simplest Way to Buy Ethereum

Looking for a fast and easy way to buy cryptocurrency? Look no further than Coinmama. Coinmama’s platform offers a simple and straightforward way to buy Ethereum and other digital currencies with ease. Plus, Coinmama’s commission rates are highly competitive, making it the perfect place to start trading in cryptocurrency. So what are you waiting for? Start buying and selling today!

Coinmama offers a simple, user-friendly platform with commissions of up to 3.81% when purchasing cryptocurrencies, in addition to 0.9% on bitcoin sales. Moreover, the platform charges a market rate based on the XBX index along with 2%.

Ethereum is the next big thing in cryptocurrency, and Coinmama makes it easy for you to get your hands on some. With just a few clicks, you can expand your portfolio and join the exciting world of cryptocurrency investing. Plus, Coinmama’s easy-to-use platform makes buying Ethereum with your credit, debit card, or bank transfer simple and straightforward. So don’t miss out – buy Ethereum today!

Coinmama fees

Deposit fees 5%
Withdrawal fees $0
Trading Commissions – Up to 3.81% for buying

– Up to 0.9% for selling

Extra fees 2% markup on crypto market prices

 

Pros Cons
User-friendly interface High transaction fees
$0 account minimum No platform-based crypto wallet
Offers tier 1 cryptos Android app only
Wide range of payment options Does not support crypto-to-crypto trading
No fees for crypto deposits Customer support via email only

 

67% of all retail investor accounts lose money when trading CFDs with this provider.

Why Buy Ethereum in the US 2022

Ethereum could be the Digital Computer of the World.

The popularity of Ethereum is a factor of many things. First, we could say because it was the second major crypto to show up.  Apart from that, Ethereum came with a new technology called smart contracts.

You have probably heard about or even been part of a contract. But do you know an idea about smart contracts?

A smart contract is a set of codes and data, just like a regular contract, that is automatically enforceable. A typical smart contract includes an Ethereum account with a balance.

What draws the line between a smart and traditional contract is that the former runs on the Ethereum blockchain. Smart contracts make it possible to transact under specific rules without an intermediary or an escrow.

Through smart contracts, one can secure ownership of assets such as cars and homes by clicking a button.

Likewise, they can make payments through Ethereum without having to follow traditional bureaucracies of asset ownership.

This characteristic gives Ethereum a resemblance to a digital computer that is un-ownable, un-shuttable, and available for anyone looking to implement peer-to-peer agreements.

As the world embraces this technology, we are likely to see more demand towards Ethereum. Eventually, ETH price will skyrocket.

Ethereum is Moving to Tokenization

Ethereum has completed its proof-of-work phase and is now shifting to Ethereum stake with the end goal of upgrading it to Ethereum Tokens. People will prefer to own tokenized Ethereum stake rather than the underlying assets.

The tokenized version will have a high value and could act as collateral. This is the first time we are seeing crypto transitioning while still keeping its original format. Having Ether 2.0 will see the prices soar to new highs that we have not seen in the past.

Analysts project that every nation globally will use 15% of its GDP in blockchain by 2030. Such a concept will only be viable if we have a tokenized coin.

Ethereum is doing that, and we don’t have to argue about it. It’s the most stable and reliable coin that any of us will prefer to stake since Bitcoin will not have BTC tokens.

If you are still waiting for an answer on whether to buy Ethereum in the US, there you have it. Head straight to eToro’s website and start investing commission-free today.

Well Known Team

Any intelligent investor has a list of items to look for when deciding whether to buy an asset or not. One of the factors that influence such a decision is the team behind the asset in question.

Ethereum was introduced to the crypto world in 2015 by a well-known and respectable founder.

Vitalik Buterin, the original author of Ethereum, is loved by many. He has gone ahead to put together a team that believes in the product and will stop at nothing but seeing this digital asset take the lead in the crypto world.

The company has a clear plan of where they want to be and how they will get there.

For example, it is are currently working on proof-of-stake. Ultimately, it looks forward to rolling out Ethereum 2.0. What more would an investor be looking for?

Traders will continue putting their eggs in this basket because of their confidence in the team leaders. Many did not know Vitalik before Ethereum, but it’s clear as water that he is the right person to steer Ethereum into the future.

As a result, we expect to see Ethereum’s value going higher in the following months.

Ethereum can Break Censorship Barriers.

Ethereum runs on a unique decentralization structure that can help keep the world from information censorship. Popular apps, social media service providers, and even communication channels like emails reserve the right to keep or delete anything as they wish. They can even modify information to suit specific agendas.

As long as Ethereum is alive, any data stored in its network can be transferable and shareable without government intervention. What’s even juicer is that such info will remain uncensorable and live for a long, long time.

Restriction of information by government bodies and different private institutions is not a minor issue. It’s larger than any of us can imagine.

Ethereum will become more valuable as the world continues to unfold the power of protecting information through its blockchain technology. Smart contracts and dApps are ‘un-shuttable.’

This digital coin currently trades at less than half of the 2021 high.

Going by the ‘buy low, sell high rule,’ there won’t be a better time to learn how to invest in Ethereum than now.

It’s Reasonably Priced

It might be too late to own a Bitcoin unless you have a big bank account. Not just that, the chances of Ethereum giving you a 500% return in the next few years are far much more than those of Bitcoin.

At less than $2,000, most Americans can save towards owning a whole Ethereum coin. Think about people who purchased Bitcoin when it was $2,000 and still hold it at the current price of more than $30,000?

If you have thought about being one of these people, you need to start investing in Ethereum for beginners today.

Look at the fundamentals behind this asset, the potential it carries, and what analysts are projecting. You’ll realize Ethereum is undervalued.

You don’t want to be regretting in the future, especially after reading this article. eToro can help you invest in Ethereum today. It will just take you a few minutes to set up your account and start taking part in the future.

It would be best if you didn’t procrastinate making your first step toward a future of possible financial freedom.

Safest Ways to Buy Ethereum in USA (2022)

Safest Ways to buy Ethereum US

The thought that one could lose their money while buying Ethereum for beginners can be scary. It’s true that if you’re not careful, scammers could lure you into their traps.

Please don’t be scared; it only happens to individuals who do not follow the proper procedures. Most of them have not come across our article. That is why you need to share it with your friends. You never know who you could be helping.

We have already advised you to invest with reputable brokers if you want to stay safe. You can pick from any of the three platforms in this article.

If you’re finding it hard to select the best broker, we recommend eToro.

Let’s look at the safest ways to buy Ethereum on eToro.

Buy Ethereum with PayPal USA 2022

PayPal is among the most secure methods for buying Ethereum in the US in 2022. Unfortunately, some trading platforms do not support it. We can’t tell why they wouldn’t accept such a credible and secure payment method. Don’t worry because eToro got your back.

Simply log in to your eToro account, and go to the funding page. Once there, click on deposit, then select PayPal. You may also opt for Skrill or Neteller. All of them are safe ways to buy Ethereum with eToro.

Specify the amount you want to deposit and click enter. If you decide to use a different broker, don’t forget to confirm that they support PayPal before you sign up with them.

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Buy Ethereum with Visa Card or Master Card USA 2022

You can buy Ethereum securely with your credit card or debit card if you don’t have an e-wallet. Most brokers support this method.

The downside is that you may have to pay a commission depending on your trading platform.

For example, Coinbase will charge you 3.99% for every deposit you make using your card. If you’re still wondering why we love eToro, there you go.

eToro does not charge you anything when funding your account using credit/debit cards to purchase Ethereum in the US.

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Buy Ethereum with Bank Wire Transfer USA 2022

Bank Wire Transfers are safe for buying Ethereum in the US. eToro, Coinbase, and Interactive Brokers accept Bank Wire transfers. Check with your bank to find out the fees for this service before committing yourself.

Other vital factors to check are how long it will take for the transaction to complete. The kind of customer support available if you run into a problem is also something you need to consider.

Bank Wire transfers are economical for huge transactions but also expensive when transacting small amounts. Nevertheless, this method is very safe to use.

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Risks of Buying Ethereum in USA 2022

Ethereum is Many Things

Most cryptos like Bitcoin have a single purpose. That’s not the case when it comes to Ethereum. It’s a currency and many other things at the same time. For example, we talked about how smart contracts run on Ethereum. The result is network congestion, bugs, and continuous breakdowns.

The multi-functionality of this coin creates a complex code that might take a long time to streamline fully. Risk-averse investors are still scared of putting their money into this asset unless some of these issues get a permanent solution.

Security Threats

In 2016, DAO (Decentralized Autonomous Exchange) made a loss of $70 million worth of Ethereum. DAO was a smart contract that had raised $150 million worth of Ethereum.

Unfortunately, hackers found a way of compromising the security of the code at that time. They wrote a set of instructions that changed DAO’s smart contract details and managed to get away with other people’s money.

What followed was the splitting of the original Ethereum blockchain into ETH Classic and ETH.

Although Ethereum addressed the issue and improved its security for smart contracts, crypto hackers are a significant threat. Nothing rules out the possibility of another successful hacking attempt in the future.

Keeping your Ether safe is undoubtedly an enormous burden but doable.

Risks of Losing your Investment

There is nothing like a sure-fire investment in this world. Market forces are fundamental when it comes to making money from any business. Putting your capital in Ethereum can be risky, just like Bitcoin or any other crypto.

Digital assets are highly volatile, which can lead to multiple losses.

The value of Ethereum was $4362 on the 12th of May but plummeted to $1,800 a week later. Investors lost a whopping 60% of their money in just a few days.

The other drawback is that Ethereum Network fees fluctuate a lot. Small accumulated high costs could turn to losses over time.

How To Buy Ethereum in USA – Detailed & Explained in Full

If the info on this page sits well with you, why not go ahead and start buying Ethereum right away?

Here is a step-by-step guide for using eToro to invest in Ethereum in the US.

Step 1: Open your Trading Account with eToro

Open an Online Trading Account

Go to eToro’s homepage and start signing up. First, you will have to answer a set of personal questions while setting up your account. So, get ready with the following.

Buy Ethereum with 0% Commission Now >

  • Your full name
  • Residential address
  • Source of Funds
  • Date of Birth
  • Contact Information
  • Find a Username

Step 2: Verify your Trading Account

eToro verify eToro permits you to invest not more than $2,000 before you can verify your trading account. Upload a clear picture of your ID and proof of address to pass this step. eToro is compliant with US regulations.

Proof of address could be a recent bank statement, usually less than six months old, or a utility bill within the same period. Whichever document you submit should bear the same address you provided during registration.

Step 3: Funds Deposit

Deposit Funds

eToro supports a variety of payment options. Pick the one you prefer and load your trading account with the money you want to invest in Ethereum.

Please note that bank transfers will not reflect in your wallet instantly. Find out with your bank how long this will take before sending your money.

Step 4: Buy Ethereum

eToro crypto trading YFI

You can start buying Ethereum in the US with eToro as soon as money reflects in your wallet. First, look up Ethereum by typing the ticker symbol ‘ETH’ and pressing the enter button once. Select Ethereum once it shows up and start setting your buy trade.

In a matter of minutes, you will have completed a buy transaction successfully.

 

Ethereum Price Analysis

2021 has been a good year for Ethereum. The digital coin started the year at less than $800 and picked a steady uptrend for the first quarter.

We saw the value of this asset reach new highs of more than $4,000 by Mid May, outperforming the major rival cryptos. By this time, optimists predicted a closing price of more than $10,000 by the end of the year.

The strong upward trend was a factor of the efflux of Decentralized Finance. Ethereum’s market cap also tripled, shooting up by about 320%. It settled at 410 trillion by the 12th of May 2021.

At the core of this asset is DeFi. DeFi (Decentralized Finance) facilitates peer-to-peer micro-loaning without the intervention of traditional banks and financial institutions.

DeFi hacks that saw users lose up to $300 million in the first five months of the year could not allow Ethereum’s value to continue rising. Other factors like technology bumps have also been significant.

The company is facing challenges of scaling to meet the rising demand without exorbitant transaction fees.

In what appeared like a bubble, Ethereum’s value fell by 54% in three days after failing to sustain the weight of high prices amidst numerous challenges.

China’s crackdown on crypto did not relent at bolstering the sharp drop in the value of Ethereum. Since then, the digital coin has suffered strong indecision between the support level $1740 and $2400 resistance.

Many investors hope that Ethereum will resume skywards in the wake of the summer technical adjustments, but chart analysis appears to favor the bears.

We see stronger bearish candlesticks with lower highs and lower lows form. The triangle pattern that started forming on the 26th of May is coming to completion, indicating a possible hell-bent downwards push towards the 400 EMA.

There are glaring similarities between the current trend and the price action in 2018, particularly if the value will drop to the 400 EMA. Investors are keenly watching this market’s behavior to see whether the current support will hold or not.

We are likely to see strong panic selling if Ethereum continues to succumb to the strong bear market. A plunge to the $1200 mark will not fail to incite further sell pressure that might take the price this time round to the $400 mark.

Ethereum Price Prediction

The future price of Ethereum relies on many factors, including BTC. Bitcoin is a critical player in the crypto industry. We need it to embarrass its naysayers by strongly rallying back to $65,000.

The rest of the crypto sector will follow suit. Going back to 2018, Ethereum shot up to more than $1200 after a 90% drop. In 2021, it has already done about 350% upwards and is now down by half of that.

Comparing it to Bitcoin that has only managed to rise by 100%, we can comfortably say that Ethereum is still poised to go up.

Fresh investors set up more than 8 million new Ethereum accounts with balances within the first four months of 2021. Unique transactions shot up by a total of $1.5 trillion within the same period.

Ethereum’s road to the skies has always been rough, but it never stops pushing for higher prices.

Today it’s one of the few coins that are not just a store of value but many other things at the same time. The large number of DeFi Apps, dApps, smart contracts, and NFTs running on the Ethereum blockchain are among the many reasons why its value will go back to $4,000 anytime soon.

The biggest boom will come after the upgrade to Ethereum 2.0. New speeds, more security, higher capacity, and lower transaction fees will send Ethereum above $5,000. If all this does not make sense to you, here is a more interesting fact.

Ethereum is transitioning to green technology. The concept of proof of stake lowers emissions by 99.9%.

Imagine how much interest this asset will attract from investors. Tesla stopped accepting purchases of their products with Bitcoin due to the increasing use of fossil fuels in Bitcoin mining.

The result was a 50% loss in BTC’s worth. Here is a currency that is about to lessen its emissions to zero. Picture Ethereum’s demand in the coming few months.

Goldman Sachs analysts predict a high of $8,000 to $10,000 by the end of 2021. We think you should invest in Ethereum before it gets to $20,000 by the close of 2022.

Selling Ethereum: A Quick Overview

After buying Ethereum and earning good returns, you will want to cash-out. You don’t want a situation where you’re rich but you don’t know how to access you finances.

No cause for alarm. Selling your coins is easy peasy lemon squeezy.

Go to your portfolio and click on Ethereum. When the trade window opens, look for ‘sell button’ at the center bottom. Click on it and your money will go direct to your wallet. Here you can withdraw it, or invest in other assets.

How & Where To Buy Ethereum in USA – Conclusion

Ethereum is a mainstream crypto with the second largest market cap, but it has never had a steady trend. Its worth always has a way of going up, even when rippling up and down.

The future for Ethereum looks bright with a lot of upcoming changes. We are waiting for Ethereum 2.0 eagerly.

Meanwhile, this is the right time to start investing in Ethereum. You don’t need to pump in all your finances.

Instead, resolve to put in some little funds every month, and you’ll be surprised at what you’ll achieve soon. Ethereum is an excellent investment.

You will not forgive yourself in the future if you fail to purchase it now. eToro is ready to help you achieve your investment goals.

So run to their website and sign up to start buying Ethereum in the US today.

eToro.com – Best Platform to Buy Ethereum

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  • Invest in a wide range of cryptocurrencies
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About Eugene Abungana PRO INVESTOR

Eugene Muyonga Abungana is an investment analyst, forex trader, MQL programmer, and financial writer. He is a graduate in economics and finance and currently pursuing studies in sustainable retirement investments. In addition, he has a background in literary journalism and experience in private fund management, institutional trading, and online broker setup. Eugene is a specialist at breaking down complex finance and investment topics into a simple read for everyone.