Building on the infrastructure that Bitcoin helped create, Ethereum and Ether are supported by many existing exchanges.
Ethereum is a software project that was initially developed in early 2014 by a Swiss company. It is an open-source, public blockchain-based computing platform featuring smart contract functionality. Its applications run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. The Ethereum network is kept running by computers all over the world.
What makes the use of Ethereum popular is that it’s faster than using cash or bank accounts. ETH is used as a form of payment by developers of apps built on Ethereum, as well as by users who are willing to access and interact with smart contracts.
How to buy Ethereum with a credit card:
By using an exchange network like Coinbase, you can buy Ethereum with a credit card. Coinbase is one of the most popular wallet apps in the world. It lets you buy Bitcoin directly with your credit card. Your card needs to use 3D Secure.
The verification process is mainly to prevent fraud. Once purchased, the Ethereum is delivered instantly. It’s always advisable to immediately send your Ether into a wallet that you control.
Tips for buying Ethereum online with a credit card:
- Create an account with a secure exchange site
- Make sure you use a wallet for buying and storing your Ethereum
By using an exchange site like Coinmama, you can gain easy access to bitcoin. The site allows users to buy Ethereum with a credit card.
How it works is that you get to register for an account and choose a method of payment.
Fill in the payment form and follow the instructions. Complete the payment and confirm your exchange wallet address.
Once your payment has been verified, the Ethereum will immediately be delivered to your wallet.