1. Choose a cryptocurrency exchange.
2. Register an account.
3. Buy Ethereum via bank transfer, credit/debit card or by exchanging Bitcoin or another cryptocurrency.
4. The platform will exchange your funds for the chosen amount of Ethereum.
If you're interested in investing in Ethereum, and specifically Ether, you need a digital wallet. Ethereum doesn't trade on any major stock platform. You can't go to your online discount broker and buy Ethereum. You have to convert it into your wallet.
We recommend using Coinbase as a digital wallet because it's incredibly easy to use, allows you to invest in Bitcoin and Litecoin as well, and they will give you a bonus for signing up. If you sign up with this link you'll get a $5 in Bitcoin bonus if you deposit $100.
It's important to remember that Ether (ETH) is a currency, and should be treated as such by investors. You don't buy shares of Ether like you would stocks or ETFs. Instead, you are exchanging your dollars for Ether tokens. There are no dividends, no payouts. Your only hope is that in the future, other people on the Internet will pay you more for your tokens than you bought them for.
We recommend using Coinbase as a digital wallet because it's incredibly easy to use, allows you to invest in Bitcoin and Litecoin as well, and they will give you a bonus for signing up. If you sign up with this link you'll get a $5 in Bitcoin bonus if you deposit $100.
Ethereum borrows some key features from Bitcoin, albeit with slight changes such as the PoW consensus mechanism. Also, Ethereum utilizes some of the strategies employed by BitTorrent to create a truly decentralized operating system for Dapp programmers to build upon.
Ethereum is often referred to as a cryptocurrency. This reference is incorrect. Ethereum is the platform that the cryptocurrency Ether functions within. Within this ecosystem, Ether’s primary role is to compensate miners for performing EVM computations.
There are no dividends, no payouts. Your only hope is that in the future, other people on the Internet will pay you more for your tokens than you bought them for.