Why Should You Buy Ether?
Ether is a name everyone knows. It has multiple uses, which is quite helpful in this day and age of fine advanced technology. First, it is like water, food, and fuel for Ethereum – the decentralized internet platform, and all its many apps and networks. On Ethereum, the developers are creating many useful tools which you use every day without giving it a second thought. This proves that they are effective and make all our lives so much easier.
Another important function of this cryptocurrency is exactly that – a digitalized form of your money. With Ether, you can trade, buy, sell practically anything and everything that the Internet has to offer. From necessities to all the wonders of the stock market, Ether will guide you each step of the way and bring you that much closer to the things you want, need and deserve.
Ether makes sure everything runs smoothly when you are buying and selling things online. Because honestly, where would we be without the cryptocurrencies? Can anyone even remember what it was like to have to enter over a dozen of your personal information, then wait aimlessly for all of it to be processed? We certainly do, and the feeling was never pleasant.
Thankfully, those days are long gone. With Ether, your money is safer than ever, along with all your private information. Why would you want to wait in line at the bank, or even type in sensitive passwords and pin numbers? And now, you will never have to!
How is the Pricing of Ether Determined?
Though Ether is the closest competitor to Bitcoin, it certainly has some features that make this cryptocurrency stand out. For starters, the total supply of Ether is counted differently than the Bitcoin’s. Back when it was initially released, 60 million Ether were released during the crowd sale, while 12 million of those went to the Ethereum foundation and the early backers.
So, how does that affect the price of Ether itself today, you may ask? Well, the Foundation will use all the money that raises for future initiatives, so you know those will be covered. Next, the levels of security that are used to protect your information and your money affect the price of Ether in ways you couldn’t imagine!
Namely, the experts claim that huge amounts of Ether are lost each year, due to various reasons – from losing your private key to sending it to the wrong correspondent address, you name it. This, however, is all very common, and the Ether’s creators are prepared for each scenario. The final result is – the loss rate is approaching quickly to the issuance rate, but those are just estimations. As you know, the stock market is unpredictable, but that is the basis of its appeal. Things could change in a heartbeat, and the developers are ready for any outcome.
How Can I Buy Ether?
Now that you’ve seen all the positive features Ether offers to all its users, we can imagine how eager you are to buy it. And why not? It’s fast, simple and easy, and the last thing on your path of indulging in all the wonderful things online trading has to offer. So, how do you buy Ether? For starters, you are in the right place! There are just 3 simple steps you need to follow before beginning your journey on the stock market, so keep reading!
Opening an Account
Why is this important? Well for starters, you need to know what you’re getting yourself into, right? All jokes aside, our CoinsHype developers are making sure that your rights are fully taken care of and respected each step of the way. Our technology will protect you from any and every malfunction, trouble or issue that can come up when you are a part of the online community. All your private information is safely used and stored. However, since you can never be too sure, we added an extra layer to it.
Verifying Your Account
Account verification is a standard and easy procedure, which will only take a few extra seconds of your time. However, the impact it will have on securing your information is long-lasting. The process itself is quite simple – you will just need to upload your valid government issued ID, as well as the selfie picture of you holding it. This kind of verification is obligatory, and it is in accordance with all the policies we apply for preventing fraud.
Depositing My FIAT/Bank Wire Money
When it comes to FIAT currencies, we currently accept USD, EUR, and GBP. For buying and selling Ether, you will need to have an Ether wallet first. Besides purchasing this digital currency with FIAT money, bank transfer, credit or debit card, as well as the alternative methods of payment.
Additionally, the time for processing your transaction is greatly affected by the account verification, as well as the verification of your e-wallet. Lastly, you will receive a payment confirmation from us, which will be in different forms depending on the payment method you choose.
For bank transfers, you will receive a receipt of funds in our bank account. If you prefer to use a credit or a debit card, you will get a confirmation from your card company. The alternative payment methods will provide you with a confirmation of crediting our account with your payment provider.
Ether is the second largest digital currency in the world. It gives you an opportunity to navigate the wide Ethereum community, as well as purchase a lot of goods and services online and outside of the Ethereum platform. With CoinsHype, the process of acquiring Ether is even simpler. After entering a few basic information about yourself and verifying them, you will be good to go. The world of digital currencies awaits, so join us and see for yourself what makes it so unique!