How to buy ETH

Buying Ether (ETH) is as easy as buying any other financial asset: You just create an account, select your payment method, and enter how much you'd like to buy.

Read more: How to buy ETH and other cryptocurrencies with the Bitcoin.com Wallet or via Bitcoin.com.

Taking possession of your ETH

The big difference between buying a cryptocurrency like ETH and buying a "traditional" financial asset like a share in Apple is that with crypto-assets, you have the option to take custody of the asset yourself - and this has some important implications.

With traditional financial assets, there's always a middleman standing as a 'custodian' between you and the asset - and having that third party adds risk and cost. The risk comes from opaque accounting practices and the chance of bankruptcy. The cost comes from the overhead associated with holding your assets on your behalf. Beyond risk and cost, custodians also make it more difficult for you to use your assets exactly as you wish. For example, in the custodial model, while you may "own" a share of Apple, what you actually have is a claim or an IOU. You can't send it to your friend and, when you want to trade it, you're must ask the platform (broker) for permission to do so.

By contrast, crypto-assets are built to be 'non-custodial' and 'permissionless.' This means that you can take true possession of your assets and use them however you like. This is similar to the way you hold cash notes, but since crypto-assets exist in the digital realm, you can interact at a global scale and at the speed of the Internet.

Surprisingly, the reality is that, even though it's possible to take true possession of your crypto-assets, most people don't! The majority of crypto-assets continue to be held by custodians on centralized exchange platforms. This is likely due to the fact that, until recently, there weren't easy-to-use tools for taking possession of your crypto. Luckily, that's all changed.

Now there are simple but powerful 'digital wallets' like the Bitcoin.com Wallet that make it easy to take control of your crypto-assets.

With the Bitcoin.com Wallet, not only can you quickly buy and sell ETH (and a range of other select cryptocurrencies), you can also securely hold your crypto-assets. In other words, you - and only you - will have access to your assets, and you can use them exactly how you want. That means you're free to send them, receive them, and trade them - 24/7, no questions asked. Even if Bitcoin.com ceases to exist, you'll always have full control over your crypto-assets.

Read more: How to create an Ethereum Wallet and why you need one.

¿Te ha servido de ayuda??

Guías relacionadas

Empezar desde aqui →
What is Ethereum?

Understand Ethereum's key characteristics.

Lee este artículo →
What is ETH used for?

Understand the function and utility of ETH.

Lee este artículo →
Who created Ethereum?

Understand the origin and early history of the Ethereum protocol.

Lee este artículo →
How was ETH initially distributed?

Learn about the 2014 crowdsale, the initial distribution of ether (ETH), and why it's important.

Lee este artículo →
What's a smart contract?

Get the basics on the "software" that runs on the Ethereum shared computer.

Lee este artículo →
What are ERC-20 tokens?

Learn the basics of the Ethereum token standard, what ERC-20 tokens are used for, and how they work.

Lee este artículo →
What's a DApp?

Understand the basics of decentralized applications on Ethereum; their features and their limitations.

Lee este artículo →
What's decentralized finance?

Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.

Lee este artículo →
What is Ethereum's monetary policy?

Learn about the issuance rate of ETH and how it's governed.

Lee este artículo →
What is ETH gas and how do fees work in Ethereum?

Transactions in Ethereum are measured by computational effort, and that effort is delineated in 'gas.' One unit of gas is equivalent to 0.000000001 ETH.

Lee este artículo →
What is EIP 1559?

Understand how EIP 1559 overhauls the fee market in Ethereum and what it means for ETH's circulating supply.

Lee este artículo →
What is Ethereum 2.0?

ETH 2.0 is an updrade to Ethereum that aims to increase the speed, efficiency, and scalability of the Ethereum network while not compromising its security or decentralization.

Lee este artículo →
How to create an Ethereum wallet

Creating an Ethereum wallet is as easy as installing software on your mobile device or laptop/desktop.

Lee este artículo →
Empezar desde aqui →
Comienza a invertir de forma segura a través del monedero de Bitcoin.com
Más de de carteras creadas

Todo lo que necesitas para comprar, vender, operar e invertir en bitcóin y otras criptomonedas de forma segura

Bitcoin.com en tu bandeja de entrada

Un resumen semanal de las noticias importantes, además de recursos educativos y actualizaciones de productos y servicios que promueven la libertad económica