Invest In Ethereum UK – How to Invest in Ethereum in the UK In Under 5 Minutes!
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Should I invest in Bitcoin or Ethereum? For most avid cryptocurrency investors this is a question that comes to mind when trying to decide between the world’s largest digital currencies. With a market cap of $350 billion and a market price of $3,010.75, Ethereum is the second-largest cryptocurrency dominating 18.4% of the market.
Some market analysts believe Ethereum will overtake Bitcoin by the end of 2022, securing the top spot ahead of its competitors. Does Ethereum have what it takes to become the dominant blockchain? If you’re looking to invest in Ethereum in the UK right now make sure you read on as we reveal the cheapest broker to buy ETH from the comfort of your own home.
Table of Contents
Buy Ethereum on eToro – #1 Broker
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Mobile AppYes
How to Invest in Ethereum UK Quick Tutorial
There are hundreds of ‘how to invest in Ethereum’ searches made on Google every month in the UK. Ethereum’s popularity and huge potential appeals to many beginner investors throughout the world. So in this section, we’ll cover how to invest in Ethereum right now in a few simple steps.
- Choose a trusted cryptocurrency exchange or broker – With so many options out there choosing the right platform for your needs can be confusing. As such, we recommend eToro as the best online broker to invest in Ethereum UK right now. This leading social trading platform is home to over 20 million traders.
- Open a trading account – Navigate your way to eToro’s official website and click on the button marked ‘Join Now’. Provide your email address and phone number and choose a username and password for your new brokerage account.
- Verification – Verify your trading account by uploading proof of identity and address. These can be in the form of your passport and a recent bank statement.
- Deposit funds – You can fund your account with a minimum deposit of just $50 using a range of payment methods from credit/debit cards to e-wallets and bank transfers.
- Invest in Ethereum – Search for Ethereum and click on ‘Trade’. Then simply enter the amount you wish to invest and click ‘Open Trade’. Additionally, the minimum investment is just $25!
All in all, it takes five simple steps to invest in Ethereum on eToro with 0% commission and market-leading spreads.
Step 1: Choose an Ethereum Investment Platform
Think of choosing a crypto broker as picking out the best vehicle on the market. You want to select the best one to take from A to B safely, quickly and efficiently. But you also want to choose a car that you can afford.
Choosing a top-rated broker or exchange is arguably the most important step in your online trading journey. We’ve researched all the top UK trading platforms and have narrowed the list down to the two best platforms to invest in Ethereum right now.
1. eToro – Overall Best Platform to Invest in Ethereum UK with Low Fees
Launched back in 2006, eToro has grown to become one of the leading social trading platforms with a client base of more than 20 million. eToro offers a wide range of financial products and markets from stocks and ETFs, to forex, CFDs, and cryptocurrencies. On eToro you can buy 28 popular cryptocurrencies including Bitcoin, Ethereum, Ripple (XRP), Dogecoin, Litecoin, Cardano (ADA), and more. You can also trade popular crypto-cross pairs and crypto-to-crypto pairs such as ETH/GBP and ETH/EOS.
Trading Fees and Commissions
When you buy cryptocurrencies on eToro you take ownership of the underlying assets. This means you can conveniently store your digital coins on the eToro Money crypto wallet. Furthermore, buying and selling cryptos on eToro is ideal for beginner traders looking for a low-cost broker as eToro only charges the market spreads. This means that when you invest in Ethereum the only trading fee you will encounter is the average 1.90% spread. For those unfamiliar with spreads, this is simply the difference between the bid and ask prices.
What About Payment Methods and Deposit Fees?
As well as zero account fees, there are no deposit fees to worry about when funding your account on eToro. Beginner retail traders will appreciate the low minimum first-time deposit of just $50. Funding your eToro trading account is quick and easy with several convenient payment options at your disposal. These include credit/debit cards, e-wallets (PayPal, Neteller, and Skrill), and bank transfers.
Is eToro Safe?
Yes, eToro is one of the safest and most trusted online trading platforms in existence. eToro is regulated by various top-tier financial institutions including the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investment Commission (ASIC).
UK-based investors are covered by the Financial Services Compensation Scheme (FSCS). This means that should the broker go into liquidation you can expect to receive up to £85,000 in compensation.
| Fee Type | Charge |
| Crypto Trading | 0% Commission + tight spreads |
| Cost of buying ETH | Typical spread of 1.90% |
| Account fee | None |
| Deposit fee | None |
| Withdrawal fee | $5 |
| Inactivity fee | $10 after 12 months |
Pros
Cons
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
2. Capital.com – Trade Ethereum CFDs with a Trusted Broker
Capital.com is a popular online broker for traders who want to enjoy a 0% commission on their trades.
With thousands of assets to choose from and a platform that is beginner-friendly and experienced trader-approved, Capital.com is the ultimate CFD and spread betting broker.
If you’re looking for a top-notch trading platform that allows you to trade crypto-cross pairs, you’ll want to check out Capital.com.
With Capital.com, you’ll get access to some of the most popular crypto CFDs on the market, including Bitcoin, Ethereum, and Litecoin.
Furthermore, you’ll be able to trade popular cryptocurrencies like ETH against fiat currencies.
Start trading CFDs on some of the biggest shares, indices, commodities, currencies, and cryptocurrencies today with Capital.com!
With their highly secure platform and expert customer service team available 24/7, you’ll be able to trade when it suits you best.
And with Capital.com’s advanced trading tools, you’ll be able to make informed trading decisions and maximize your profits.
Capital.com is the ideal platform for those who wish to receive the best price possible on their trades.
And with a wide range of instruments available, you can find the perfect instrument to trade on Capital.com.
So if you’re serious about trading crypto CFDs, then be sure to give Capital.com a try.
Capital.com Fees and Commissions
Capital.com’s primary selling feature is that all tradable assets may be purchased and sold commission-free.
This makes Capital.com an ideal platform for beginner traders who want to access a variety of markets without incurring high costs.
With variable spreads, you can be sure that you’re always getting the best possible deal.
For leveraged CFD trades, Capital.com charges an overnight fee that varies based on the market and the amount of leverage used.
The fee for CFDs on cryptocurrencies and shares is determined by the leverage given.
Regarding indices, commodities, and forex, the overnight fee is dependent on the overall value of your position.
As a result, Capital.com’s overnight fee is generally very competitive compared to other brokers.
So if you’re looking to trade leveraged CFDs with a low overnight fee, Capital.com is definitely worth considering.
Overall, Capital.com is a leading online broker that provides an extensive range of markets at competitive prices.
Capital.com Security
Capital.com is committed to providing its clients with a safe and secure trading environment and has implemented strict measures to protect client funds from loss or theft.
Capital.com is adequately regulated to give you peace of mind that your money is in safe hands.
Notably, Capital.com is authorized and regulated by a number of prominent financial regulatory bodies, including the FCA, CySEC, ASIC, and NBB.
Moreover, Capital.com’s platform is fully compliant with PCI Data Security Standards, so you can rest assured that your funds are always safe and sound.
Significantly, Capital.com is also a member of the Investor Compensation Fund (ICF), which protects clients’ funds up to €20,000 if the broker becomes insolvent.
So if you’re looking for a safe and secure platform to trade on, Capital.com is the ideal choice.
| Trading Commissions | 0% |
| Spreads | Depending on the instrument, the spread price fluctuates |
| Deposit fees | 0% |
| Withdrawal fees | 0% |
Pros
- 0% commission on all markets
- Tight spreads
- $20 minimum deposit on debit/credit card and e-wallet payments
- Heavily regulated
- Thousands of listed markets – from stocks and indices to forex and crypto
- Leverage offered on all markets
- MT4 supported
Cons
- $250 minimum if opting for a bank wire
- The main trading suite is a bit basic
- Unable to invest in traditional assets – derivatives only
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.25% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.
3. Binance – Largest Cryptocurrency Exchange for Trading Volume and Liquidity
Based on trading volume, Binance is one of the leading cryptocurrency exchanges with a 15 million client base. Originally based in Hong Kong, Binance’s terms and conditions are still regulated by Hong Kong law. Binance has since moved its headquarters to Malta and is widely popular for its crypto exchange services and low fees.
Fees and Commissions
Binance charges a typical trading fee of 0.1% on every trade that a client makes. If you choose to pay using the BNB Binance token you can take advantage of the 50% discount on the trading fee. As such, Binance offers some of the cheapest trading fees across the board. In terms of the withdrawal fees these are variable charges based on the type of cryptocurrency. For example, for Bitcoin withdrawals, the charge is 0.001.
How Can I Deposit Funds into My Binance Account?
If you want to buy and sell cryptocurrencies on Binance you will need to deposit funds. This leading crypto exchange supports both fiat and crypto deposits – with the former depending on your location. You can deposit funds using cryptocurrencies, debit and credit cards, and local bank transfers. If you decide to use a debit/credit card you will need to pay a transaction fee of 1.8%. Another great selling point is that Binance does not charge deposit fees.
Is Binance Safe?
Binance is home to over 15 million crypto enthusiasts from around the world. You can use two-factor authentication (2FA), and for debit/credit card deposits you will need to verify your account by undergoing the standard KYC process.
With that said, this leading cryptocurrency exchange has recently been blacklisted by the United Kingdom’s Financial Conduct Authority. This means it cannot conduct regulated activities in Great Britain. The move comes after the UK’s financial regulator and watchdog became concerned over money-laundering issues.
| Fee Type | Charge |
| Crypto Trading | Standard fee of 0.1% per trade |
| Instant buy and sell fee | 0.50% |
| Deposit fee | Free |
| Withdrawal fee | Varies depending on the cryptocurrency |
| Inactivity fee | None |
Pros
Cons
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
4. Coinbase – Trade Ethereum Online in the UK Instantly
Coinbase is the easy, safe, and trusted way to buy and sell cryptocurrency. Significantly, Coinbase’s easy-to-use platform makes it simple to buy your first digital assets.
Coinbase supports a wide range of digital assets – including Bitcoin, Ethereum, and Litecoin – so you can be sure to find the perfect investment for you. So what are you waiting for? Start trading today!
Beginners will appreciate the simple, easy-to-use buy and sell orders available on the primary Coinbase platform. Coinbase Pro is a more advanced trading platform for anyone with a Coinbase account. Coinbase Pro offers additional features and low fees, making it an ideal choice for professional traders.
We’ve searched high and low for the best Ethereum wallets in the UK, and we’re proud to say that we’ve reviewed the very best options around! Whether you’re looking for a desktop wallet or a mobile wallet, we have something to suit your needs. So what are you waiting for? Start browsing today and find the perfect Ethereum wallet for you!
Coinbase Fees and Commissions
Looking to invest in Ethereum? Coinbase is the perfect choice! Coinbase makes it quick and easy for you to buy Ethereum in the UK – with or without a bank transfer. In addition, Coinbase’s Instant Buy feature lets you purchase Ethereum directly with your debit card, so you can get started right away.
Just be aware that a commission of 3.99% is attached to the Instant Buy feature. Of course, if you want to avoid paying this commission, you can always deposit funds via a UK bank transfer – which is free. But then, when you’re ready to make your purchase, just remember that the trading commission is only 1.49%.
Unsurprisingly, Coinbase’s competitive commission rates mean you’ll pay less when buying Ethereum through Coinbase. So what are you waiting for? Invest today!
Is Coinbase Safe?
With more than 2,700 employees, Coinbase is one of the largest cryptocurrency exchanges in the world. The company was founded in 2012 as a place to send and receive Ethereum and has subsequently expanded to accommodate dozens of various cryptocurrencies. So whether you’re looking to buy Bitcoin, Ethereum, or Litecoin, Coinbase has you covered.
Coinbase makes it easy to securely buy, use, store, and accept Bitcoin, Ethereum, and Litecoin. Coinbase has built a safe and secure platform for people worldwide to invest in cryptocurrencies. Coinbase is also one of the most trusted platforms on the web, with approximately 73 million verified users.
Coinbase is committed to operating in compliance with federal regulations. This includes being registered as a Money Services Business (MSB) with FinCEN. In addition, The Financial Conduct Authority has authorized the platform in the United Kingdom under the Electronic Money Regulations 2011 through CB Payments Limited. The company also complies strictly adhering to all local laws wherever they operate, so there’s no chance you’ll ever have problems using your coins. Coinbase’s dedication comes from how seriously they take these regulations- not just for American customers but worldwide!
| Deposit fees |
|
| Withdrawal fees | Vary according to location and payment method |
| Trading Commissions | Depends on the amount traded + account type (Coinbase Pro) |
Pros
- One of the most popular cryptocurrency exchanges
- Approximately 73 million users
- Supports instant debit card purchases
- Dozens of digital currencies to choose from
- Institutional-grade security practices
Cons
- Debit card deposits are expensive at 3.99%
- You will pay a standard trading commission of 1.49%
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
5. Crypto.com – Make Smart Investment Decisions and Earn Interest on your Ethereum
The Crypto.com App is your all-in-one destination for everything crypto. Get real-time coin prices, track markets, and stay on top of the latest news and events. Plus, Crypto.com’s intuitive charts make it easy to find opportunities and act fast. So whether you’re just starting out or are a seasoned pro, Crypto.com has everything you need to succeed in the crypto world.
Crypto.com is the ultimate destination for cryptocurrency holders looking to make the most of their portfolios! You can use Crypto.com to iCrypto.com allows you to immediately determine the worth of your assets and even stake CRO in exchange for a premium metal Crypto.com Visa debit card! Plus, you’ll get a better APR on Crypto Earn and Crypto Credit when you use Crypto.com!
The Staples Center in Los Angeles has been renamed the Crypto.com Arena in a reported $700 million naming rights deal. The new name is part of a broader push by the company to market itself as a crypto-friendly destination. The agreement gives Crypto.com exclusive naming rights to the arena for 20 years. Crypto.com is on its way to becoming a household name. Whether you’re a basketball fan or not, this is one company you’ll want to keep an eye on!
Crypto.com Fees and Payment Methods
Ethereum is one of the most popular cryptocurrencies on the market, and Crypto.com is the perfect place to buy it! Crypto.com’s simple and user-friendly platform makes buying Ethereum easy – fees start at just 0.40% for users with a monthly trading volume of $25,000 or less.
Plus, you can take advantage of even lower fees by holding CRO currency! So what are you waiting for? Get started today with Crypto.com!
Are you looking for a trading platform that offers discounts the more you trade? Then, look no further than Crypto.com. Crypto.com’s volume-based fees provide even more savings when you stake CRO and pay your fees in CRO. Plus, Crypto.com’s cutting-edge technology ensures a smooth and secure trading experience. So why wait? Sign up today!
Crypto.com was created with you in mind. With Crypto.com’s easy-to-use app and low 2.99% credit/debit card fee, buying, selling, and trading Ethereum is a breeze! Plus, Crypto.com’s platform is secure and trustworthy, so you can rest assured your information is safe. Ready to join the crypto revolution? Start trading today with Crypto.com!
Is Crypto.com Safe?
Crypto.com is a company with the mission of making cryptocurrency accessible to everyone. With over 150 cryptocurrencies available, you can buy, sell, and trade with ease. Initially founded in 2016 in Hong Kong, Crypto.com has headquarters in Singapore.
Crypto.com provides world-class security to its users, with multi-factor authentication and anti-phishing measures. In addition, renowned security companies stress-test systems to ensure your peace of mind when using Crypto.com.
Looking for a secure and reliable way to store your cryptocurrencies? Look no further than Crypto.com. Crypto.com’s partnership with Ledger ensures that your assets are always safe and sound. Plus, with $750 million in insurance coverage, you can rest assured knowing that your investments are protected against damage or theft. So why wait? Sign up today!
Plus, Crypto.com’s unique suite of cryptocurrency-related financial products makes Crypto.com the perfect destination for anyone looking to get into the crypto world. So what are you waiting for? Start exploring Crypto.com today!
Crypto.com is a popular crypto exchange for the risk-takers and profit-seekers of the world. This innovative platform offers users a chance to capitalize on some of the most exciting investment opportunities in history. With Crypto.com, you can take your financial future into your own hands and maximize your earning potential like never before!
| 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
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
6. Gemini – Make Smart Investment Decisions and Earn Interest on your Ethereum
Gemini is a US-based cryptocurrency exchange that enables users to buy and sell Bitcoin, Ethereum, and Litecoin.
Gemini is the perfect place to buy and sell crypto around the clock with competitive rates and low fees. With Gemini, you’ll have a hassle-free experience that will leave you thanking yourself for adding Gemini to your portfolio!
Gemini Fees and Payment Methods
Looking for a quick and easy way to get started trading? Gemini has you covered! With no deposit fees for ACH or wire transfers and only a 3.49% fee for debit card deposits, Gemini is the perfect choice for traders of all experience levels. So what are you waiting for? Sign up today and start trading!
Note that convenience costs are included in the quoted price of the cryptocurrency you’re buying and are increased by 0.5% for buy orders. The transaction fee is determined by the currency and volume of the transaction.
Gemini has made it easier for UK users to purchase crypto with British pounds. Gemini supports the GBP and will allow you to buy cryptocurrency using your debit card or deposit funds from a bank using Faster Payments, CHAPS, or even through SWIFT! So why wait? Create an account today and start buying Ethereum with ease!
Is Gemini Safe?
Gemini is the safest and most secure place to buy, sell, and store your cryptocurrency. Gemini’s platform is licensed and compliant with high regulatory standards, so you can be confident that your money is safe.
Significantly, The Financial Conduct Authority has authorized Gemini Europe, Ltd in the United Kingdom under the Electronic Money Regulations 2011.
Gemini is the best Ethereum exchange for anyone looking for the best security and flexibility for their assets. With Gemini’s offline cold storage, you can be sure your assets are safe, and with $200 million in insurance coverage, you can relax knowing your funds are protected. Plus, Gemini offers immediate access to funds equal to the value of your assets, so you always have what you need when you need it.
The Gemini Mobile App is the perfect way for users in the UK to buy, sell, and store crypto. The Gemini Mobile app is simple, reliable, and secure, making it the perfect choice for anyone looking to get into crypto. With Gemini’s world-class security features and user-friendly interface, you can be sure that your money is safe with us. So don’t wait – sign up today!
| Deposit fees | 3.49% to debit/credit cards |
| Withdrawal fees | 10 free withdrawals per crypto every month |
| Transaction Fees |
|
| 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
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
7. Kraken – Invest with Confidence, Trade with Peace of Mind
Looking to buy or sell Ethereum and other cryptocurrencies? Look no further than Kraken! The Kraken exchange offers Bitcoin, Ethereum, and other cryptocurrencies to traders around the world. Kraken has been a leader in the industry since it was founded in 2011 in San Francisco and today supports customers in 185 countries.
Kraken is your one-stop shop, with more than 50 different coins supported and competitive exchange fees. In addition, Kraken’s platform is trusted by millions of users worldwide, making it the perfect place to buy or sell your assets.
Kraken is the fearless leader of the cryptocurrency world. Kraken supports cryptocurrency futures, which means you can bravely invest in contracts and reap the rewards when Ethereum prices rise!
Plus, Kraken’s customer service team is always on hand to help with any questions you may have. So join the revolution today and explore the possibilities of Kraken!
Looking to make money in the crypto world? Here’s where you start! Our list of the best crypto signals services will help you find a provider that meets your needs. Whether you’re a beginner or an experienced trader, our list will point you in the right direction. So sign up for a service today and start making money now!
Kraken Fees and Payment Methods
Kraken is committed to making trading more affordable than ever. With instant purchases costing 1.5% for the majority of coins and 0.9% for stablecoins utilizing USD or another stablecoin, you can get your hands on the latest cryptocurrencies in an instant!
Additional fees may apply depending on the payment method used to complete the transaction. For instance, funding costs differ from 0.5% when utilizing a bank account to more than 3.75% when using a debit card, credit card, or digital wallet.
Is Kraken Safe?
Kraken is one of the most secure exchanges in the world, with multiple layers of security and a user-friendly interface. Looking for a top-of-the-line, ultra-secure place to store your savings? Look no further than Kraken! Kraken holds 95% of all deposits in offline, air-gapped, geographically distributed cold storage for maximum security. With Kraken, you can ensure your Ethereum is safe from any potential threats.
Kraken’s state-of-the-art cold storage solution ensures that your funds are safe and sound, even in the event of a disaster. Plus, Kraken’s world-class customer service team is always here to help you out if you need it. So why wait? Sign up today and start storing your money the right way!
Kraken maintains sufficient reserves to ensure that you can always withdraw funds instantly upon request – meaning your money is always accessible when you need it. So whether you’re just getting started or are an experienced trader, Kraken is the perfect place for you!
| Deposit fees | 3.75% + €0.25 per transaction fee for debit/credit cards |
| Withdrawal fees | Varies by cryptocurrency |
| Transaction Fees |
|
| 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
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
8. Bitstamp – Stake ETH and Earn Interest
Looking for a trustworthy and reliable UK cryptocurrency exchange? Bitstamp is exactly what you need! The Luxembourg-based exchange has been up and running since 2011, making them one of the most reputable players in the crypto space.
Not only does Bitstamp offers numerous coins to buy and sell, but its user-friendly interface makes it easy to navigate. Whether you are just starting out or are a seasoned pro, Bitstamp has something for everyone.
Looking to grow your Ethereum holdings without much effort? Bitstamp Earn is the perfect solution! Just stake your ETH and watch your balance grow! You can earn interest on your holdings and grow your portfolio with little effort. So why wait? Sign up today and start earning!
Staking your Ethereum is a great way to earn passive income, and when you use one of the best Ethereum staking platforms out there, you can maximize your returns. We’ve put together a list of the top platforms so that you can choose the right one for you.
So what are the best Ethereum staking platforms? Check out our list and find out! Whether you’re looking for a platform with great features or one that’s easy to use, we’ve got you covered. So get started today and start earning rewards!
Bitstamp Fees and Payment Methods
Bitstamp is a reliable, low-cost crypto exchange that offers competitive fees based on your 30-day trading volume. In addition, you can trade without worry because Bitstamps’s rates start at just 0.50% and go down as you increase your trading volume!
With 17 tiers to advance through until the fee fits perfectly into whatever budget suits best – this company has got everything covered from beginner traders up to professionals who need nothing less than perfection in their craft. In other words, you can advance through 17 different tiers and see your costs go down along the way!
Bitstamp is one the fastest ways to get your hands on some Ethereum. The exchange charges an instant service fee of 5% for card purchases, and you can fund with ACH if you are located in the United States – this means deposits and withdrawals are free!
Looking to get your money into and out of Bitstamp quickly and easily? Look no further than the Faster Payments option! Deposits are free, and withdrawals only cost 2 GBP. So why wait? Get started today!
Is Bitstamp Safe?
Bitstamp is one of the most reliable and trusted Ethereum exchanges in the world. They adhere to industry standards for security and make use of innovative security technologies. For example, Bitstamp has integrated Multi-Signature technology into their hot wallet, allowing for the safe storage of a limited percentage of crypto assets online. In contrast, most crypto assets are stored securely offline in cold storage systems. This makes Bitstamp one of the most secure exchanges available today.
| 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% 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
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
9. Coinmama – Without a Doubt, the Simplest Way to Buy Ethereum
Looking for a user-friendly way to get into the cryptocurrency market? Look no further than Coinmama! Coinmama is a non-custodial cryptocurrency exchange that offers a simple way to buy and sell digital assets, making it perfect for beginners and experienced traders alike. The exchange operates in Dublin, Ireland.
Plus, Coinmama never stores your funds – so you can be confident that your money is always safe. So why wait? Sign up today and start trading cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more!
Whether you’re a seasoned crypto trader or just starting out, our list of the best crypto apps will help you get ahead of the curve.
Coinmama Fees and Payment Methods
Ethereum is quickly becoming the world’s most popular digital currency. Coinmama is committed to making it easy for you to buy Ethereum with your credit card, debit card, or bank transfer. So why wait? Get into the Ethereum market today!
Looking to make the most of your crypto trading? Look no further than Coinmama’s Loyalty Program! The more you buy or sell with Coinmama, the more you save – so get started today and get the most out of your transactions!
Customers who spend $5,000 over 90 days receive a 12.5% discount on their sales fee. In contrast, customers who spend $18,000 over 90 days or make a lifetime purchase of $50,000 or more receive a 25% discount on their sales fee.
With three levels of savings on commission fees, you can maximize your profits and get the most out of your trading experience. Automatic enrolment means there’s no complicated sign-up process – just start trading and enjoy the savings!
Furthermore, Coinmama offers competitive rates based on the market rate of TradeBlock’s XBX Index along with 2%, plus a commission fee of up to 3.81% when buying cryptocurrencies and up to 0.9% to sell bitcoin.
Is Coinmama Safe?
Coinmama is the perfect platform for buying Ethereum and other cryptocurrencies. As a non-custodial cryptocurrency exchange, Coinmama ensures that your crypto assets are never held by them. Your funds are always safely stored in your possession, not on Coinmama’s platform. Moreover, Coinmama deploys full encryption technology to secure customers’ personal information and uploaded documents, so users can feel safe and confident when purchasing digital assets on their platform.
The company has a long history of providing quality service to customers around the world. With Coinmama, you can buy digital assets in minutes without having to go through a lengthy registration process.
| Deposit fees | 5% |
| Withdrawal fees | $0 |
| Trading Commissions | – Up to 3.81% for buying
– Up to 0.9% for selling |
Pros
- No fees for cryptocurrency deposits or withdrawals
- Numerous payment methods
- Verification within minutes
Cons
- Higher fees than some other competitors
- No iOS mobile app
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
10. Uphold – Invest in Ethereum. Anytime. Anywhere.
Uphold is the perfect choice for anyone who wants to explore the world of stocks, commodities, and cryptocurrencies. Uphold makes it simple and straightforward to get started – perfect for those who are new to investing. Plus, Uphold’s extensive selection offers plenty of options for experienced investors as well. With Uphold’s user-friendly platform, you can invest with confidence and peace of mind. Uphold’s headquarters are located in New York.
Looking to invest in precious metals or trade crypto-to-crypto? Look no further than Uphold! Uphold’s platform offers a safe and easy way to do just that. With Uphold, you can enjoy 24/7 customer support, competitive rates, and fast and easy transactions. So don’t miss out on this opportunity to grow your portfolio – sign up today!
Looking to get into the exciting world of cryptocurrency trading? Check out our list of the best Ethereum trading platforms in the UK. From beginner-friendly options to advanced platforms with all the bells and whistles, we’ve got you covered. So whether you’re looking to make your first foray into the world of crypto trading or want to upgrade your existing platform, we’ve got you covered.
Uphold Fees and Payment Methods
Ethereum is quickly gaining popularity, and Uphold is your easiest way to invest in it. With Uphold, you can use your debit card, credit card, or bank transfer to invest in Ethereum whenever and however you wish. So why wait? Get started with Ethereum today!
Looking to buy a variety of assets without spending a fortune? Look no further than Uphold! Uphold’s users can use an ACH withdrawal or bank account to purchase assets without any added costs. By contrast, Uphold’s spread is significantly wider and more volatile. Uphold, like Coinbase, imposes a 3.99% transaction fee on credit card transactions.
Furthermore, the exchange rate is dependent on the nature of the asset being converted. In terms of cryptocurrencies, the spread varies between 0.80% and 1.20% for users in the U.S. and Europe and is roughly 1.80% in other countries.
With Uphold’s broad range of options and competitive prices, you can rest assured that you’re getting the best deal around. In addition, Uphold’s fast and easy checkout process means you’ll be able to get started right away!
Are you tired of being nickel-and-dimed by your cryptocurrency exchange? With Uphold, there are no fees for bank deposits or withdrawals. That means more money in your pocket. So why wait? Sign up today!
Is Uphold Safe?
Uphold is the safest and most secure way to hold your digital currencies. With PCI/DSS certification, Uphold sets the bar high for security in the crypto industry. So you can rest assured that your funds are always safe with them. With Uphold, you can buy, sell, exchange, and hold digital currencies with ease and confidence. So don’t settle for anything less than the best. Choose Uphold!
Uphold is the perfect solution for anyone looking for a secure and convenient way to hold their currencies. With approximately 90% of funds held in cold storage and an insurance policy against security breaches, you can rest assured that your money is safe with Uphold. Plus, Uphold offers dedicated customer support, so you can always rely on them for help.
Moreover, Uphold’s easy-to-use platform makes it simple to get started – so you can start enjoying the benefits of holding your digital assets today!
| Commission | 0.80% to 1.20% for Bitcoin and ETC |
| Deposit charges | 3.99% to Debit/credit cards |
| Withdrawal charges | $0 |
| Inactivity charges | $0 |
Pros
- Provides trading in precious metals, equities, and cryptocurrencies
- Without any hidden fees or spreads, you’ll always know what you’re going to get
- Eliminate the fear of making costly mistakes when managing digital assets
- You can begin using Uphold in minutes
Cons
- Compared to competitors, it has fewer educational resources
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
11. Gate.io – Invest in Ethereum. Anytime. Anywhere.
Are you looking for a platform to trade cryptocurrencies? Look no further than Gate.io! Gate.io’s exchange platform supports Bitcoin, Litecoin, Ethereum, and a host of other altcoins, making it the perfect destination for anyone looking to invest in digital currencies. Nevertheless, Gate.io does not accept fiat currency as a source of funding, which means you can only fund your account using cryptocurrencies. The headquarters of Gate.io is located in George Town, Cayman Islands.
Gate.io offers 24/7 customer support, so you can always rest assured that you’re in good hands. So what are you waiting for? Sign up today and start trading!
Whether you’re looking to make a quick buck or you’re interested in long-term investment, Gate.io has you covered!
Choosing the right crypto trading platform can be difficult. With so many options available, how do you know which one is right for you? Fear not – we’re here to help. Our list of the best crypto trading platforms in the UK will help you find the perfect platform for your needs. Whether you’re a beginner or a pro, we’ve got something for everyone. So what are you waiting for? Check out our list today!
Gate.io Fees and Payment Methods
Gate.io offers industry-low trading fees, making it easy and affordable to get started with cryptocurrency trading. In addition, Gate.io makes it easy to get the most out of your investment with discounts for higher-volume traders. With fees as low as 0.2%, Gate.io makes it easy to get into the market and start investing today!
Looking to get into the world of Ethereum trading? Look no further than Gate.io! Here, you can fund your account with some of the most popular cryptos around – without having to pay any pesky deposit fees. Plus, when it comes time to withdraw your funds, you’ll only have to pay a low withdrawal fee that varies depending on the coin.
Withdrawals and deposits are quick and easy, making Gate.io the perfect choice for anyone looking to get into the cryptocurrency market. So why wait? Sign up today and get started on your crypto journey!
Is Gate.io Safe?
Gate.io is committed to providing the highest level of security for its users. That’s why we offer a bug bounty program, rewarding anyone who helps make its platform more secure with safety recommendations and bug examination.
Gate.io’s team of experts is constantly working to ensure that Gate.io remains one of the most secure exchanges in the industry. So if you’re looking for a safe and secure way to trade cryptocurrencies, Gate.io is the perfect choice for you.
Gate.io is committed to safeguarding user funds by deploying hot and cold wallets, ensuring that your money is always protected. With Gate.io, you can rest easy knowing that your funds are in good hands.
| Deposit fees | None |
| Withdrawal fees | Varies by cryptocurrency |
| Trading fees
|
Maker: 0.2%-0.055%
Taker: 0.2%-0.065% |
Pros
- Save money with a low trading fee of 0.2%
- No need to worry about paying a deposit fee
- User-friendly platform
- 24/7 customer support
- Be in control of your finances
Cons
- Does not accept deposits in fiat currencies
Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider.
Step 2: Research Ethereum Investment
Is Ethereum a good investment? Is it better suited to long-term or short-term trading strategies? To answer these types of questions you need to do your research. And by research we mean checking past performance, fundamental data, price charts and price predictions. With that in mind, let’s dive into everything you need to know to buy Ethereum right now.
What is Ethereum?
Ethereum is the community-run blockchain technology that powers the digital asset ether (ETH) as well as heaps of decentralized applications (Dapps) and projects. In other words, Ethereum is a decentralized technology that allows you to send cryptocurrencies to other users for a small fee.
When Satoshi Nakamoto built Bitcoin (BTC) in 2008, it was introduced as a peer-to-peer electronic cash system. Ethereum builds on this innovation, with several key differences. Both blockchains allow you to use digital currency without centralised intermediaries getting involved. However, Ethereum is programmable, meaning you can use the Ethereum blockchain for many other altcoins.
Furthermore, you can use Ethereum for more than just payments and online digital transactions. Ethereum has paved the way for digital financial services, games and applications that are completely decentralized.
Ethereum vs Bitcoin
As we have briefly discussed, Ethereum is a decentralized blockchain network that’s powered by the native Ether token. Ether allows users to make payments, earn interest via staking, use and hold nonfungible tokens, buy and sell cryptocurrencies, and much more. Ethereum is a proof-of-work blockchain but is transitioning to proof-of-stake (PoS) with Ethereum 2.0. The blockchain network wants to improve its scalability and become more environmentally friendly.
Many alternative cryptocurrencies run on the Ethereum network, which first launched back in 2015. The second version dubbed ‘Eth 2’ is expected to facilitate more transactions per second, consume less energy and have heightened security.
One key difference between the two leading cryptocurrencies is that the Ethereum ledger supports smart contracts. Smart contracts are pieces of code that execute an action when specific criteria are met.
For instance, a smart contract in a digital game could set out what commissions need to be paid once the game is sold. Payments can also be configured to transfer automatically as products progress through stages in a supply chain.
Ways to Invest in Ethereum
With so many ways to gain exposure to Ethereum in the UK, choosing the right one that suits you can be confusing. As such, we’ve covered the best ways to invest in Ethereum in the UK right now.
Buy Ethereum Outright
The most popular way to gain exposure to Ethereum’s market price is to take ownership of the underlying digital asset. This means that you own the cryptocurrency and your position is directly impacted by the market’s volatility and performance. You can invest in Ethereum right now by opening a live trading account with eToro and depositing funds.
Another advantage of using eToro is that you can invest in a fraction of Ethereum for as little as $25. Alternatively, if you’re looking for a more passive investment approach eToro’s CopyTrader tool may be of interest to you. CopyTrader allows you to copy the trading strategies of other seasoned traders with the click of a button. This means that you don’t have to worry about research and monitoring the volatile crypto market as your portfolio will simply imitate the trading decisions of another experienced eToro trader.
Invest in a Crypto Portfolio
Another way to invest passively is to invest in a crypto portfolio. These are preset portfolios made up of a combination of cryptocurrencies allowing you to gain passive exposure to the crypto market from the comfort of your own home. eToro offers the widely popular CopyPortfolios that are managed by expert traders, enabling you to build a diversified portfolio and potentially earn a passive income.
Use an Ethereum ATM
You can purchase Ether tokens with cash by using a designated Ethereum ATM or teller service. As you can see from the screenshot below, CoinATMradar.com can help you locate one closest to you.
Follow these steps to learn how to use an Ethereum ATM to buy Ethereum with cash:
- Make sure you have a trusted Ethereum crypto wallet. Any top-rated Ethereum wallet is fine, from Blockchain.info, Metamask, or Jaxx are some popular examples.
- Locate your closest Ethereum ATM using CoinATMradar.com.
- Place an order – Click on the ATM’s touchscreen and follow the onscreen prompts. Choose Ethereum (ETH) as your preferred cryptocurrency. Some ATMs require you to verify your identity when proceeding with large transactions, so you may need your mobile phone at hand.
- Scan the QR code and complete the transaction – Open your Ethereum wallet and access your secure public key. Scan the code using the ATM’s camera, then insert the required cash into the ATM and follow the instructions to finalize your transaction.
- Ether will be transferred to your crypto wallet – And you’re all done! After the purchase has been confirmed, your ETH tokens will appear in your wallet.
Is Ethereum a Good Investment?
If you’re an avid crypto enthusiast, Bitcoin is probably the first digital asset that comes to mind. But with Ethereum showing such strong potential, the stage is set for the second-largest crypto to give Bitcoin a run for its money.
Ethereum to USD chart – Source: coinmarketcap.com
Since the start of this fiscal year, the market price of Ethereum reached its highest peak yet – $4,362.35 on May 12th. It then experienced a steady downtrend, reaching lows of $1,739.53 on July 20th 2021. But since that point, Ethereum’s price has been riding a bullish wave as it currently trades above the 3k mark at $3,001.13.
Furthermore, with an ROI of 106,136.37% it’s hard to ignore Ethereum when trying to participate in the crypto market. Some market analysts predict that Ethereum has a lot more to offer especially with its imminent rollout of Ethereum 2.0.
Ethereum and versatility go hand in hand
Perhaps the greatest benefit of the Ethereum blockchain is its flexibility. While it’s primary purpose is for hosting Ether, it’s other uses include for enterprise blockchain solutions, and NFTs (non-fungible tokens).
Put simply, the Ethereum blockchain can be applied to projects that transcend the cryptocurrency realm. Whether or not cryptocurrencies, in general, prove to be a good investment in the long run, Ethereum could be here to stay.
What does Tesla CEO Elon Musk have to say about cryptocurrencies?
Moreover, a major criticism of digital assets, especially Bitcoin, is that they consume vast amounts of energy. As demand for renewable energy continues to grow, this is becoming a common talking point amongst investors and analysts. Professor Brian Lucey from the Trinity College Dublin suggested that “Bitcoin alone consumes as much electricity as a medium-sized European country. This is a stunning amount of electricity. It’s a dirty business. It’s a dirty currency.”
In mid-May of this year Tesla’s CEO and founder, Elon Musk, scrapped plans that were hatched in February to make Bitcoin an accepted payment method for his electric vehicles stating on Twitter that “Tesla has suspended vehicle purchases using Bitcoin. We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel. Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment.”
Could Ethereum 2.0 kill ETH?
If all goes well, Ethereum 2.0 could cause a huge stir in the crypto sphere, potentially gaining more market dominance from Bitcoin. ETH 2.0 is set to switch from the energy-guzzling mining process to a 100% energy-efficient solution dubbed staking.
As the popularity of and demand for cryptocurrencies continues to grow, so does the amount of computing power and energy required to mine new tokens. Ethereum’s solution to the issue of energy consumption is to use staking, which involves Ether owners storing tokens in their crypto wallets and using them to create new Ether tokens.
What about smart contract executions?
Finally, once they implement ETH 2.0 successfully, Ethereum will be able to put smart contract executions in place. Smart contracts are fully automated and programmable decentralized contracts that cannot be tampered with. For example, a smart contract could be put in place to execute payments between a service provider and a subscriber, where a contract is signed and then funds from the subscriber are automatically sent to the service provider every month.
Investing in Ethereum – What are the risks?
Aside from its diversity and array of applications, there are still underlying risks associated with investing in Ethereum.
Are we in a crypto bubble?
Firstly, it’s almost certain that you will experience market volatility, even more so when you invest directly in Ethereum. Cryptocurrencies are a high-risk investment now because they are almost entirely speculative. Some market analysts suspect that we’re currently in a crypto bubble. They argue that the hype surrounding digital assets is not aligned with each company’s fundamentals, therefore causing many cryptos to be overvalued. If this proves to be true, there could be a landslide in prices should the crypto bubble burst.
Regulations, regulations, and more regulations
Many centralized authorities including governments and financial watchdogs like the FCA pose a real threat not just to the future of Ethereum, but to cryptocurrencies in general. While financial regulators and governments have no control over decentralized finance, they can increase taxes when cryptos are exchanged for fiat currencies.
Trading conditions could become so volatile that investors will steer clear of this market altogether. This would mean that there would be less liquidity in the market, therefore making it harder for users to open and close positions.
Portfolio diversification is key
If investing in Ether is something you have your sights set on right now make sure you have a well-rounded portfolio combining a mixture of safe haven and reliable assets. You’ll hear many seasoned traders say ‘only invest money you can afford to lose’, and this runs true especially in the case of cryptocurrency trading.
How to Invest in Ethereum UK – eToro Guide
Now that we’ve got a better understanding of Ethereum and the wider crypto market, let’s go through how to buy Ethereum right now. This beginner’s tutorial will focus on eToro as it’s a widely popular broker that allows you to invest in cryptos with as little as $25.
1. Register Your Account at eToro
The first step requires you to open a live eToro trading account. The onboarding process is user-friendly and fully digital and takes a matter of minutes. Navigate to the eToro official website, click on ‘Join Now’, provide your details and choose a username and password.
2. Verify your account
As part of the KYC (Know Your Customer) process, you will need to verify your account by providing proof of identity and address. Simply upload copies of your passport, driving license, a recent utility bill or bank statement. You will then be notified when your account has been successfully verified.
3. Deposit funds
As well as not charging deposit fees, eToro supports a wide range of payment methods from credit/debit cards, to bank transfers and e-wallets. If you choose to deposit funds using a credit/debit card or e-wallet like PayPal your funds will be credited to your account instantly.
4. Search for Ethereum (ETH)
So far we’ve registered, verified, and deposited funds into our eToro brokerage account. Now from the dashboard search for ‘Ethereum’ or ‘ETH’ in the search bar. From the drop-down menu click on ‘Trade’ next to the relevant result.
5. Place your Ethereum Trade
Now an order window will appear where you can specify the amount of ETH you want to purchase. As we already know, the minimum investment starts from a very affordable $25. Once you’re happy with your choices, tap on the button marked ‘Open Trade’.
6. Transfer Ethereum to your eToro Money Crypto Wallet
You can monitor and manage your cryptocurrency positions from your portfolio on the web-based trading platform or mobile investment app. Moreover, eToro offers a native and secure crypto wallet. Using the eToro Money crypto wallet, you could potentially exchange your Ether tokens for other altcoins. This crypto wallet uses high-level standardisation protocols to provide extra security.
How to Invest in Ethereum UK – Conclusion
Ethereum has a lot of potential going forward. The rollout of Ethereum 2.0 offers a solution to the issue of the energy-intensive mining process, and better scalability and security for its users. But will regulators and financial authorities make cryptocurrency trading an ambitious ideology that’s detached from the current reality?
Investing in Ethereum comes with risks, as does buying and selling any crypto asset. Be that as it may, we recommend using the leading copy trading platform eToro. This heavily regulated broker is beginner-friendly and allows you to gain exposure to the volatile crypto market with low fees and tight spreads.
If investing in ETH is for you simply click the link below and open a trading account with eToro right now!
eToro – Best Low-Cost Broker to Invest in Ethereum with a Typical Spread of 1.90%
FAQs
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