martes, 14 de septiembre de 2021

Buy Ethereum with eToro

What is Ethereum? Ethereum is currently the second most popular cryptocurrency only behind bitcoin although many think that it could surpass it in the near future given the innovative features it offers. 

Launched in 2015, Ethereum is the world's leading programmable blockchain.  

Like other blockchains, Ethereum has a native cryptocurrency called Ether (ETH). ETH is digital money.  

If you know Bitcoin, you should know that ETH has many of the same characteristics. It is purely digital and can be sent to anyone anywhere in the world instantly. The supply of ETH is not controlled by any government or company, it is decentralized and it is scarce. People all over the world use ETH to make payments, as a store of value, or as collateral.  

But unlike other blockchains, Ethereum can do a lot more. Ethereum is programmable, which means that developers can use it to create new types of applications.

eToro is a broker specialized in social investment, which operates multiple financial instruments such as stocks, currencies, futures and cryptocurrencies. It allows investors to see, follow and copy the best traders on the network automatically.

If you want to invest or speculate in ethereum but do not want to have to learn the new terms and expressions associated with this new technology, nor do you want to know how to download or use a cryptocurrency wallet, how to send and receive ethereum, etc., you may be interested in buying ethers with dollars on eToro.  

Until recently, on eToro, you didn't really buy or sell ethers (ETH) but instead traded CFDs (Contract for Difference) on the price of ethereum. However, it is already possible to buy ethereum and other cryptocurrencies directly on eToro and even withdraw them from the platform and send them to your new cryptocurrency wallet eToro Wallet.

Payment methods accepted in dollars: credit / debit cards, bank transfer, PayPal, Webmoney, Yandex, Rapid Transfer, Sofort.   
 
Whatever the currency you make the deposit in, it will convert it directly to dollars. But if you send dollars directly, you will not have to pay the conversion for currency exchange.  
 
PROS: accepts users from almost every country in the world; web in Spanish; Easy to use; excellent copy trading feature; demo account to practice; more than 90 pairs of cryptocurrencies available for trading; high purchase limits.  
 
CONS: relatively high commissions for cryptocurrency trading; You have to be careful with trading with leverage and its commissions.

Step by step: how to open an account and deposit funds in eToro to buy ethereum in Argentina with dollars  

These are the basic steps to follow in summary:  

Step 1: Go to the eToro website and click on "Join Now".  

Step 2: enter the requested data in the form or choose to connect through your Facebook or Google account. Accept the terms and conditions and click "Create an account"  

Step 3: to ensure that you can use all the features of eToro you must verify your account.  

Step 4: once inside your account, click on the blue button «Deposit funds»



Step 5: enter the amount, select the currency and finally select the desired deposit method.
Depositing money in your account is a totally safe and private process. All transactions are communicated using Secure Sockets Layer (SSL) technology, which ensures that your personal information is safe. 
 
The accepted forms of payment are (depending on the place of residence): China Union Pay, Visa, MasterCard, Diner’s Club, Giropay, Neteller, PayPal, Skrill, WebMoney, Bank transfer, Wirecard, Yandex.  
 
Each deposit method has a different minimum amount, as well as different processing times, so you should do your research before depositing to avoid disappointment or unnecessary delays. 
 
Depending on the regulations of your region and country, the minimum amount of a first deposit varies between 50 and 10,000 USD. 
 
Open a free account on eToro and buy ethereum (ETH) (*)  
 
(*) 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

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