Steps to Buy Etheruem
So, Today in this post I’ll share the 3 easiest methods to Buy Ethereum in India.
Honestly, this is one of the fastest and my favorite method to Buy Ethereum. I’ve been personally using this method from a long time and the experience is just amazing
What is this?
Converting your Bitcoins to Ethereum from Popular Exchanges like Poloniex, Bittrex, Bitfinex, etc.
I had bought Ethereum from Poloniex and the transactions were fast enough and just took less than 30 minutes.
How to Buy Ethereum from Cryptocurrency Exchange?
In this post, I’m using Poloniex Cryptocurrency Exchange only for demonstration.
1.) First of all, Sign up on Poloniex and complete the Registration process.
I hope you have Bitcoins with you because now we’re going to transfer those Bitcoins to Poloniex and convert it to Ethereum.
2.) Click on Balances Tab and Click on Deposits & Withdrawal.
3.) Now search for the BTC because you’ve to load Bitcoins and Click on Deposit.
4.) Next, just the Copy the Bitcoin Address and send the desired amount of Bitcoin you want to Buy Ethereum.
I hope you’ve deposited Bitcoins to your Poloniex Account
If you’re still confused then follow the detailed steps from Poloniex Review
5.) Next, Visit Bitcoin to Ethereum Exchange Page.
7.) Scroll down and you can see the section for Buy and Sell Ethereum.
8.) Next, Enter the Amount (No. of Coins) of Ethereum you wish to purchase and accordingly the Fees will be Charged.
9.) Click on the Buy Button and complete the process of buying.
Voila! Your Order will be placed and you will receive your Ethereum Shortly
On Poloniex, you’ll be charged 0.25% fee on each transaction.
In terms of Transactions, Poloniex is the fastest I’ve used it many times but although as it is less secure I found it less secure to store my Ethereum.