So you want to buy Doge but don’t know where? No problem! We’re going to run through best crypto exchanges you can buy Dogecoin from, then have a look at the coin in a bit more detail, and then a quick guide on making your purchase.

Doge is still in the top 10 cryptocurrencies by market cap. This is remarkable considering it was essentially started as a joke to troll Bitcoin with. Doge has seen support from the likes of Elon Musk and Mark Cuban in recent years. The Doge community is also a huge reason as to why Doge is still thriving so many years on.

Without further ado, let’s start looking at exchanges you can buy Doge from!

eToro

eToro is a good place to grow your investment portfolio. You can buy doge directly.

To buy doge on eToro, download their app or visit their website, create your account, verify your identity, and then purchase doge directly.

Buying dogecoin is easy with this crypto exchange.

One of eToro’s best features is its demo feature which allows you to play with fake money if you are not ready to invest real cash yet.

Another cool feature they have is being able to copy the trades of other users. You get to see and copy what they are doing – and it doesn’t cost anything. Following richer, more established crypto wallets is a good way of learning about the market and how they act.

eToro has a long list of other cryptocurrencies you can buy.

Take advantage of eToro’s lengthy list of financial services they provide – you can buy particular stocks, trade currencies – and more.

Pros

• Lengthy track record
• Approved licensing in the UK, Europe and Australia 
• View the past performance of other traders and copy their trades
• Lots of different financial instruments to take advantage of (e.g. securities)
• A highly recommended investment app

Cons

• $200 required to use the CopyTrade system
• Crypto trading also requires a minimum funding threshold to begin to trade any crypto
• Less popular coins than other main exchanges (but still a respectable list)
• They don’t regularly list new coins

Binance

Binance is a great exchange to buy Dogecoin on.

Binance brags as being the biggest cryptocurrency exchange in the world.

To buy Dogecoin on Binance, simply download the app or visit the Binance website. Create an account, verify your identity, and then use your preferred payment methods to buy Dogecoin! You can buy directly, or onramp your fiat money and trade your fiat for Doge via the Binance marketplace.

Binance is a good place for beginners to buy dogecoin.

The interface is simple and easy to use, so you shouldn’t have a problem making your dogecoin purchase.

Should you wish to buy more coins, Binance has one of the largest lists to choose from.

Pros

• Choose from a wide variety of coins, not just Dogecoin
• Enjoy plenty of features like peer to peer trading, borrowing, leveraged trading and more
• Relatively low fees relative to the benefits available
• Easy way to purchase cryptocurrency
• Fast crypto transactions
• A few different ways to buy ADA with

Cons

• Identification verification process can take a few days
• Unclear corporate structure
• Binance often face regulation issues. Make sure you are able to use them in your country, and that they don’t face issues where you are.

Overall, Binance is a good place to invest in dogecoin. Everything is straightforward, the fees are reasonable and you can find loads of other coins if you want to invest in more than just Doge.

Coinbase

Coinbase is a good exchange to start buying Doge from.

Coinbase is available in the US, UK and lots of other countries. They are one of the biggest cryptocurrency exchanges ever.

What sets them apart is their ease of use, customer service, choice of coins, and relatively low fees.

Coinbase boasts of being one of the biggest cryptocurrency exchanges in the world. Their customer service, ease of use and relatively low fees make it a good choice for a beginner investor.

Coinbase has a huge amount of users, estimates at 70 million+ and from over 100 countries. They hold billions of crypto assets themselves, as well as have billions on trade volume each day.

How to buy Dogecoin on Coinbase? The process is simple. Create a Coinbase account, sign up and verify your identity, connect your payment method, and then you can buy dogecoin directly. Or, onramp fiat money to Coinbase and exchange your currency for dogecoin on the Coinbase market.

Remember, Coinbase Pro provides cheaper fees. Consider joining Coinbase Pro if you are going to be adding a lot of money to Coinbase and making lots of trades.

Coinbase allows you to buy and sell other major cryptocurrencies also.

Pros 

• All of the top coins are available to buy
• 2-factor login security authentication
• Watch to earn videos and quizzes
• Easy to deposit money
• Lots of options. Buy, sell, trade, borrow, commerce, NFTs and more!

Cons

• Not the cheapest transaction costs
• Not available to use in all countries

Coinbase is a great exchange choice – if it is available in your country. You can buy dogecoin, sell dogecoin, trade dogecoin and take advantage of the other brokerage services

Investing In Dogecoin

Let’s look at doge in more detail.

Doge was founded by Billy Markus and Jackson Palmer. It was largely started as a joke to combat the Bitcoin community. A cult following slowly grew around it over the years and doge finally rocketed in value in 2021. Doge rose more than 7,000% during the first half of 2021 and started a “meme coin season” – which saw thousands of other doge-like coins explode too.

But What Is Dogecoin Exactly?

Dogecoin was named after the popular Shiba Inu dog meme who was known for speaking in broken English. The doge would add words like very and much onto… everything! For example, doge would say “very teamwork, much excellence”.

Doge is a blockchain, and it was a fork of Bitcoin’s code. The two software engineers made sure to combine some of Litecoin’s code so as to avoid the mining that happens with Bitcoin. An issue doge faces are there is not a limited supply. More and more dogecoin can be minted, unlike Bitcoin, which means the value can be easily diluted.

Should You Buy Doge?

Dogecoin’s main use is that it is a fast method of payment. Lots of businesses accept Dogecoin as payment, but this won’t be enough to send Doge into mainstream usage. Fast transactions are useful. but Doge simply doesn’t have the infrastructure or real-world use case right now. Doge certainly won’t be able to compete with the likes of Bitcoin or Ethereum. Dogecoin does not have smart contracts like Ethereum, nor does it have a limited supply like Bitcoin, so it cannot be used as an adequate store of value.

Doge copied GameStop’s technique of growing through Reddit. They started gaining widespread traction in 2021 after creating a huge buzz on Reddit. Finally, Elon Musk tweets sent Dogecoin into an absolute frenzy. Mark Cuban also announced he would accept payments at the Dallas Mavericks.

Doge saw the end of its rise after Elon appeared on Saturday Night Live. Doge was riding high at $0.71, but fell to $0.45 in a matter of 45 minutes. By the next day, Doge was valued at $0.40 and $35 billion of market capitalization had been wiped away.

Buying Dogecoin

So you want to start buying Doge? OK! Let’s go through the basic steps to buy Doge:

• Firstly, pick a crypto exchange from the list above. See which is suitable for your needs, your country and has a payment method you can use.
• Secondly, download the app or visit the website of that exchange.
• Create an account and verify your identity. In some cases, this can take a few days.
• Onramp fiat money onto the exchange. Use bank transfer, wire transfer, Paypal etc.
• Buy Doge directly, or buy another token and swap it for Doge.

And there you have it! You are a proud owner of Dogecoin!

Let’s look at some last FAQs about Doge to see if you think it is a good digital asset for you to invest in

Dogecoin FAQs

If you would like to buy Solana, this is the guide for you.

Firstly we’ll look at the different exchanges you can purchase Solana from. Then we’ll look at how to buy Solana in a bit more detail – and if you should buy it. Then we’ll run through a quick guide to buying Solana.

Right. Let’s jump into it!

Buy Solana on Binance

If you want an easy, safe way to buy Solana – Binance is a perfect choice. Binance allows you to buy Solana, sell Solana and trade Solana, all with relatively low fees.

Simply download the Binance app or visit their website, create an account, verify your identity, onramp fiat money with your preferred payment method, and then buy Solana directly.

Binance is not available to all countries and often faces regulation issues. If you’re in the UK, Europe, and Asia – you should be OK with Binance.

Binance is the largest cryptocurrency exchange in the world, so your crypto assets are largely safe with them.

Should you wish to purchase other cryptocurrencies, Binance has a wide variety of coins for you to choose from.

Pros

• One of the most popular crypto exchanges
• Plenty of features like leveraged trading, staking, lending and more
• Low fees considering the benefits
• You can buy Solana with a credit or debit card, wire transfer, PayPal and more
• Fair withdrawal fees
• Easy to buy crypto

Cons

• The identification verification process can take several days to complete
• Binance can be closed due to regulations in your country. Check to see if you can use Binance in your country!

Overall, Binance is a safe and easy way to buy Solana. Although the verification process can sometimes take a bit of time, it’s worth having a Binance account as it’s so widely used in the crypto industry.

Buy Solana on eToro

eToro is a great place to buy Solana!

USD deposit fees are null. No fees are paid in buying Solana. For those on a tight budget, an eToro account might be best for you.

eToro benefits from not only focusing on cryptocurrency. They have loads of features that other cryptocurrency exchanges do not – like CFD trading, investment advice, fiat currency trading and more.

You can also take advantage of the CopyTrader system they employ. The CopyTrader system allows you to copy trades made by other crypto investors. This is a good way to learn what the big players are doing in the crypto market.

eToro is extremely established and has been operating since 2007.

Pros

• Approved licensing in the UK, Europe and Australia 
• Easy exchange to buy SOL with
• Low transaction fees and deposit fees
• Get indirect investment advice through their copy trade system
• Multiple payment methods, like bank transfers

Cons

• At least $200 is required to use the CopyTrade system
• Crypto trading requires a minimum funding threshold to begin
• Less popular coins than other cryptocurrency platforms (but still a strong list)

Overall, we recommend eToro to buy Solan with. It’s easy to use and has low fees. You don’t need a lot more really!

Buy Solana With Crypto.com

Crypto.com, or, CRO is becoming a powerhouse cryptocurrency exchange among crypto apps. CRO is yet another amazing place to purchase Solana.

We like CRO for buying a coin like Solana because it is fast and easy. This is how CRO excels.

To buy Solana from CRO, simply create an account, verify your identity, and then buy Solana coin straight from your debit card. CRO accepts VISA, MasterCard, wire transfer, Paypal and more.

CRO does take a 2.99% fee if you use a debit card – but not during the first 30 days after signing up.

Select over 250+ cryptocurrencies to buy on CRO, not just Solana.

Now that we have a few places to buy Solana, let’s have a look at the project in more detail.

What Is Solana?

Solana is a relatively new cryptocurrency as it was launched in 2019. It was created to combat the scalability, speed and transaction fees associated with the Ethereum blockchain.

To explain further:

• The Ethereum blockchain can only process transactions at a rate of 15 per second. Of course, this is not a viable option for a mass-adopted global blockchain network.
• Ethereum transaction fees are extremely high, especially when the network is busy and many people are using it.
• Both of these factors contribute to being extremely hard to scale

To compare, Solana can allegedly process 65,000 transactions a second…

The Solana blockchain is also very cheap. Ethereum transactions range between $1 to outrageous numbers like $200 for a basic transaction. Meanwhile, you can make transactions on Solana for as little as $0.01.

NFTs and Decentralized Finance

The Solana blockchain has become increasingly popular for NFTs and Decentralized finance (DeFi). Solana blockchain is one of the few places in crypto that has successfully deployed smart contracts. Smart contracts allow developers to create decentralized applications (DApps).

A decentralized application is like a website where you connect your wallet and interact with the DApp. For example, UniSwap is a very popular DApp on the Ethereum network. You trade, stake, farm and more with UniSwap, all through the smart contracts which operate without the use of a third party. Decentralized exchanges and DApps are thriving on Solana.

NFTs are also thriving in the Solana ecosystem. Many users became tired of the Ethereum transaction fees. Solana presents a much cheaper and faster alternative, so many artists, developers and users alike migrated to the Solana network. We expect this community to grow into the future.

What Is SOL?

Solana is the blockchain, while SOL is the native token of Solana. Solana coin (SOL) is what exploded in value throughout 2021. Of course, the chain itself also grew, but the coin is what increased in value.

You need SOL tokens in order to interact with the SOL blockchain. For example, if you want to send SOL tokens to a friend, or if you wish to interact with a DApp, or mint an NFT – you will pay fees in SOL.

OK – now you know more about Solana, let’s run through a quick guide on how to buy it.

How To Buy Solana

The easiest way to buy Solana coin is through one of the centralized exchanges listed at the top of the article. If none of those crypto exchanges operate in your country, you can also try the Coinbase app, Kraken app, or the FTX Exchange:

• After selecting your exchange, download their app or visit their website
• Create an account and prove your identity
• Select your preferred payment method (bank transfer) then select Solana and purchase it
• If your exchange does not allow you to directly buy Solana coin, you might have to first buy something like USDT, and then trade your USDT for SOL (but most exchanges now allow you to buy specific crypto directly)

Easy! Follow these steps and you’ll be a proud owner of SOL tokens.

Wondering if you should buy Solana coin? Let’s look into SOL in even more detail with some FAQs

FAQS

Is It A Good Time To Buy Solana?

Our advice is to always dollar cost average into any crypto you like. As of now in July 2022, the macroeconomic climate is not looking excellent for going all-in on any crypto project.

However, Solana is a lot cheaper than it was compared to most of last year. It has retraced from $260 all the way down to $40. So, buying now is certainly a lot better than buying at the peak in 2021! But yes, anything can happen, SOL can go down more, so DCA!

What Is The Price Of Solana?

The Solana price has recently stabilized at around $40, all the way down from $260 in 2021. The market cap is around $15 billion. The market cap is significantly lower than last year.

Are There Downsides To Solana?

Yes. Solana is widely criticized for being too centralized. There have been multiple episodes where the entire network has gone offline. No one wants to see their assets offline. Disappear.

This has caused mass panic and hysteria, leading to panic selling. No one wants to see their assets frozen.

Most other blockchains, like Ethereum, never go offline. So for Solana to go offline multiple times, it has seriously decreased consumer confidence in the chain.

Where Can I Sell Solana?

Selling Solana is straightforward. Simply trade your SOL for another coin on the exchange you purchased it from. Alternatively, you can use a decentralized exchange on the Solana network to trade your SOL for another token.

Will Ethereum 2.0 Negate Solana?

Solana currently has a market because it solves a few issues of the de facto smart contract blockchain: Ethereum. Solana is currently faster and cheaper.

However, when Ethereum 2.0 comes out, they are claiming to process 100,000 blockchain transactions per second, and fix the expensive transaction costs.

Solana has their own identity, community and interesting DApps, but Ethereum 2.0 does pose a serious threat to Solana’s growth.

How Do I Keep My Solana Safe?

After buying your Solana coin, you need to store it safely.

Firstly, you’ll likely want to move your Solana away from the centralized exchange you purchased it from.

The best way to have ownership over your crypto is by having your own wallet, with your own private keys.

After creating one account, you’ll want to create several more! You can keep Solana (and any other crypto assets) on a cold wallet that you don’t connect to the internet. Cold storage is for any coins in your crypto portfolio you plan to hold for a long time. Many crypto investors will use hardware wallets (like a Trezor) as their cold wallet of choice. Trezor adds another layer of security to stop you from getting hacked or robbed.

You can also have a hot wallet you use for everyday DApps, transactions and so on. You should keep less money on your hot wallet as it is more susceptible to being hacked.

Best Solana Wallet

If you are sure you want to invest in Solana coin, you have several crypto wallet options to store your Solana investment. Usually, we recommend MetaMask but there are other options available to store your digital assets.

Some wallets worth trying are Phantom Wallet, Sollet, Exodus Wallet and Solflare Wallet. These wallets give you private access to your Solana crypto and allow you to keep the rest of your crypto investments safe too.

If the last few paragraphs have been too complicated for you, you could buy Solana crypto and simply use a crypto wallet hosted by an exchange. For example, some cryptocurrency exchanges, like eToro, have a crypto wallet you can use. Buy Solana coin and keep it safe!

Overall, a hardware wallet is going to be the safest way to store your digital assets.

Let’s first go over different exchanges you can buy Cardano from. Then we will look at Cardano and why you might want to invest in it. Then we will go over a basic buying guide to finish off!

Binance

Binance is a good place to buy Cardano. It is the largest cryptocurrency exchange by volume traded.

You can buy Cardano on Binance relatively easily. Create an account, verify your identity, connect your payment method, and then you can buy Cardano directly.

Binance is a great crypto exchange for beginners to buy Cardano. It is very simple and easy to use.

One issue Binance has is regulations are often trying to limit where they can operate. Make sure to check if Binance operates within your country and or if they have faced problems in your country.

Binance has plenty of other cryptocurrencies for you to choose from too should you not only want to buy Cardano.

Pros

• Choose from a wide variety of coins, not just ADA
• Enjoy farming, Futures trading (leverage), peer-to-peer payments, borrowing and more
• Relatively low fees considering all the benefits
• Most popular exchange, meaning relatively safe, secure, and trusted
• A few different ways to buy ADA with

Cons

• The verification process can be trickier than in other cryptocurrency exchanges
• Unclear corporate structure
• Binance can be shut down in your country. Check to see if you can use Binance in your area!

Binance is a good crypto exchange for anyone wanting to buy ADA. As long as you are legally able to do so, create a Binance account and see if it works for you!

Coinbase

Coinbase is another fine choice to buy Cardano.

Coinbase boasts of being one of the biggest cryptocurrency exchanges in the world. Their customer service, ease of use and relatively low fees make it a good choice for a beginner investor.

Coinbase has over 70 million users across 100 countries. They have billions of crypto assets and have one of the highest trading volumes of all crypto exchanges.

To buy ADA with Coinbase, sign up, complete the verification process, and add fiat currency to the exchange, then you can buy ADA directly. Coinbase makes a 0.5% fee on any of these purchases.

If you are going to make a large purchase, you should consider signing up to Coinbase Pro, which will allow you to pay fewer fees.

Pros 

• All of the top coins are available to buy
• 2-factor login security authentication
• Watch and earn educational videos
• Trusted and secure exchange 

Cons

• Transaction costs are higher than other trading platforms
• Fee structure can also be confusing
• Spread pricing can increase transaction costs
• Not available to use in all countries

Coinbase is a good all-round exchange if it is available in your country. You can trade Cardano, buy Cardano, and sell Cardano without any issues,

eToro

You can buy dogecoin without a problem on eToro.

To buy doge on eToro, download their app or visit their website, sign up, verify your identity, add your payment method, and then make a direct purchase for doge.

Like the other exchanges above, simply create an account, verify your identity, and then directly purchase ADA with your preferred payment method – be that through your bank account, wire transfers, debit card, and so on.

eToro boasts a demo feature that allows you to trade fake money if you are not ready for the real thing yet. It’s a cool feature just to see how you will make decisions should there be no real money on the line.

eToro also allows you to copy other people’s trades at no additional cost. This means you can follow “whales” or rich accounts and see how they are operating in the crypto market.

eToro also has a comprehensive list of popular crypto coins to buy.

With eToro you can access loads of different services, such as brokerage services, buying stocks and shares, and more.

Pros

• 15+ year track record
• Purchase regulated investments on eToro
• Approved licensing in the UK, Europe and Australia 
• Fine to purchase ADA on
• eToro website is easy to use
• Get indirect investment advice through their copy trade system
• Excellent security measures

Cons

• At least $200 is required to use the CopyTrade system
• Crypto trading also requires a minimum funding threshold to begin to trade any crypto
• Less popular coins than other main exchanges (but still a respectable list)

eToro is a good exchange for most people. It’s especially good if you are interested in more than just crypto.

What is Cardano?

Cardano is one of the largest cryptocurrencies in the world. It is created by Charles Hopkinson, who had visions of being the next-gen evolution of Ethereum. Like Ethereum, Charles wanted a blockchain that’s sustainable, fast, scalable and used worldwide. Like Ethereum, he wanted a place where developers can use smart contracts to build decentralized applications (DApps), new tokens, games, art, and more.

However, Cardano is still yet to have fully rolled out its smart contract functionality even in 2022. It was predicted they would be ready by 2021 but Cardano still is not there yet.

What is ADA?

ADA is Cardano’s native token. Much like Ethereum has Ether, Cardano has ADA. You buy ADA, rather than Cardano. Cardano is the blockchain that ADA is used on. You would use ADA to pay for the fees whenever you interact with the Cardano blockchain. For example, if you swapped ADA for CAKE on Sundae Swap, you would pay a small fee in ADA.

How Does Cardano Work?

Cardano has opted for the proof-of-stake consensus mechanism, which they named Ouroboros. This is as opposed to the proof-of-work model that Bitcoin and Ethereum use. Ethereum will soon join Cardano on the proof-of-stake model when they finally upgrade to Ethereum2.0.

Explain Proof-Of-Work?

Sure! Proof-of-work was developed to ensure users do not spend the same money twice without a centralized authority to assist them. To achieve this, a “consensus mechanism” is used. The original consensus mechanism is called proof-of-work, which Bitcoin popularised through mining.

Unfortunately, proof-of-work requires a lot of energy. Computers around the world are competing to be the first to solve a time-consuming math puzzle. The winner then updates the blockchain, verifying the transaction, and the miner is awarded an amount of Bitcoin.

So What is Proof-Of-Stake?

Proof of stake uses the network of invested participants, called validators. Instead of providing raw processing power to help solve puzzles and verify transactions, validators simply stake their ADA.

• The network then selects a winner based on the quantity of ADA each validator has in the pool and how long it has been there. The most invested participant wins.
• Once this winner validates the latest batch of transactions, other validators attest to the accuracy. Once a certain threshold has been hit, the network updates the blockchain with the newly confirmed transactions.
• All validators receive an ADA reward, which is received depending on the amount of ADA you hold and how long for.

Should You Buy Cardano?

Cardano is an extremely popular cryptocurrency. Despite not having much use yet, it has still remained extremely relevant by sticking in the top 10 cryptocurrencies. Other similar coins like Solana are providing more utility but are still smaller in market cap compared to the Cardano network.

In theory, Cardano could one day have a brimming ecosystem, like Solana, Ethereum, Binance Smart Chain and the other blockchains out there. However, we are yet to see that day yet.

Overall, it is up to you if you believe Cardano is worth buying. It certainly has a cult following, holds some promise, and could one day have a popular ecosystem built on top of it. If you do decide to buy this digital asset, make sure to dollar cost average and not invest more than you are willing to lose. All cryptocurrencies are highly volatile. You do not want to pay too much for a coin on your first trade, so enter cautiously, and yes, DCA!

Guide On Buying Cardano

Here’s a quick guide on buying Cardano.

• Pick your exchange. Select an exchange above or another preferred crypto exchange.
• Create an account and verify your identity.
• Add money to your trading account. You should have options like bank transfer, wire transfer, and more.
• Most exchanges will allow you to buy ADA directly.
• If they don’t you might need to onramp your fiat, then trade Cardano for your fiat. Many investors start buying ada this way.

Keeping Your ADA Safe

After you purchase your ADA, it’s a good idea to keep it safe and secure! Now, you can keep crypto on an exchange. But your account could come in jeopardy as you don’t technically own your crypto when it is on an exchange. Really, they own your crypto! You essentially have an IOU to be able to withdraw your crypto, similar to how a bank is set up.

It is much better to have your own wallet. MetaMask is the most common wallet people move to from an exchange. You will be given a set of private keys (12 words), which is your password.

You can use one account as your hot wallet, where you connect to DApps and are actively trading with. Then you should also make cold wallets, where you store crypto you plan to hold for a long time. ADA could well be a coin you want to hold for a long time. Some will use a Trezor (hardware device) to help secure their cold wallets. It’s worth keeping some tokens in cold storage. Cold storage prevents you from losing your crypto if you fall for a scam or make a mistake.

That’s it! Hopefully, this was a useful guide to going from having no Cardano (ADA) to having some Cardano! Congratulations and keep that Cardano safe.

Below we are going to look at the top cryptocurrency exchanges to buy XRP, then look at XRP itself in more detail!

Binance

Binance is a perfectly good place to purchase XRP.

You can simply purchase XRP by creating an account, verifying your identity, initiating a payment method (deposit cash), and then directly trading fiat currency for XRP.

Binance is home to the largest cryptocurrency exchange in the world. Binance boasts of having the Binance Smart Chain, their own blockchain, where developers and users alike flock to trade, stake, farm, and more.

Binance is a good exchange for beginners to use as it is simple, the trading fees are low, and there are many other coins to buy.

Pros

• Large selection of cryptocurrencies to purchase, not just XRP
• Enjoy staking, Futures trading (leverage), peer-to-peer payments, lending and more. 
• Relatively low fees considering the other benefits
• Most popular exchange, meaning relatively safe, secure, and trusted
• A few different ways to buy XRP with

Cons

• The verification process can take longer than other cryptocurrency exchanges
• Unclear corporate structure
• Binance can sometimes be shut down in various countries as rules and regulations change. Check your jurisdiction to see if you can use Binance!

Binance is a good option for anyone wanting to start buying XRP. As long as you are legally able to do so, create a Binance account and see if it works for you!

Coinbase

Coinbase is also a perfectly good choice to purchase XRP.

C0inbase is one of the largest cryptocurrency exchanges in the world, and so their customer service, ease of use, and low fees make it a friendly choice for any investor.

They boast over 70 million users across over 100 countries. Coinbase owns billions in assets and accounts for hundreds of billions of trade volume every quarter.

Coinbase will also give you plenty of other cryptocurrencies to buy, not just XRP.

After completing the verification process, and then initiating a payment method, you will be charged 0.5% on any cryptocurrency purchases. If you want to buy $1000 of XRP, you will be charged $5.

If you plan to buy a lot of cryptocurrency, it might be worth signing up to Coinbase Pro, which gives you reduced trading fees.

Pros 

• You can buy all the top coins
• 2-factor login security authentication
• Watch to earn educational videos and quizzes on the platform 

Cons

• Transaction costs are higher than other trading platforms
• Spread pricing can increase transaction costs
• Not available in all countries

To conclude, we like Coinbase and think it is a good exchange. You get a crypto wallet, you can buy XRP, sell XRP, send XRP… Everything you would need!

eToro

eToro presents another good exchange to buy XRP / Ripple.

eToro has a demo feature that allows you to trade with fake money to get a feel for trading and their platform. Most exchanges don’t have a feature like this.

Also, eToro has a CopyTrader system, which allows you to mimic trades of other users on the platform. This is at no additional cost and is a free service.

eToro also allows you to buy other top cryptocurrencies.

Another strength of eToro is how it is focused on other financial services too. For example, you can buy stocks, get insurance, trade commodities, currencies, and more.

Pros

• 15-year track record, and very well established. 
• You can purchase regulated investments on eToro
• Approved licensing in the UK, Europe and Australia 
• Fine to purchase Ripple on
• eToro website is easy to use

Cons

• You need at least $200 to use the CopyTrade system.
• Crypto trading also requires a minimum funding threshold to start trading digital assets. 
• High spread fee for Ripple purchases.

We like eToro. We think it’s definitely a good choice for any readers who are interested in other financial services – not just the crypto market.

Huobi Global

Huobi Global is another place you can buy, sell and trade XRP.

Huobi Global offers a range of financial tools which can help you on your trading journey. You can check them out on their website.

Beginners will get on perfectly with Huobi. You can save the advanced features to the more advanced traders.

One potential downside is how Huobi is unregulated. Who knows, you might face issues with it one day. For now though, it seems fine to buy some Ripple with!

Pros

• 230+ tradable assets, including Ripple
• Loads of different financial instruments to use
• Leveraged and margin trading
• High level of security
• Secure trading platform despite being less regulated than other exchanges

Cons

• Another lengthy/tricky verification process
• Not as regulated as other crypto exchanges
• Relatively high withdrawal limits

We like Huobi. It’s not quite as beginner-friendly as other exchanges, but it’s still fine to buy, sell and trade XRP with.

This is not an exhaustive list of places you can be trading XRP, but these platforms are a perfectly good starting point. Each exchange is one of the largest in the world and is very reputable.

If you are new to the crypto space, we would recommend picking Binance or Coinbase to buy your first XRP.

What is Ripple?

In short, XRP allows quick and affordable financial transactions, while providing its own digital currency to go with it, which is XRP.

Ripple and XRP are often confused as the same thing.

Ripple is a blockchain-based digital payment network designed to process financial transactions throughout the world. It was initially created to replace the worldwide money transfer network SWIFT. Ripple blockchain has its own native token, XRP, which is designed to work on the Ripple bloackchain.

Ripple is developed by Ripple Labs Inc, which released its technology in 2012. Ripple Labs designed Ripple so the network is able to support fiat currency and other commodities like gold. XRP is perceived to be extremely useful in the financial services industry at some point in the future.

What is XRP?

XRP is the native cryptocurrency to the ripple network. XRP operates on the XRP ledger and enables transactions on the Ripple network. One downside to the native token XRP is that it is not a decentralized digital currency like many other coins claim to be.

Ripple instead uses a consensus mechanism to verify transactions. Consensus is reached by a unique network of nodes or validators, who verify transactions via consensus. A benefit of using a more centralised transaction verification model is that it is extremely fast compared to that of Bitcoin or Ethereum’s techniques.

XRP will mostly be used to assist traditional financial institutions. For example, if two different banks from different countries want to transact, they can use XRP as the intermediary currency on the XRP ledger. Financial institutions will essentially use Ripple Labs’ creation to make cross-border payments easier and smoother

XRP has long since been battling with the SEC and was temporarily delisted from some exchanges. The case is slowly progressing, and we will see what the effect on Ripple and XRP is.

XRP can be bought from centralized exchanges, as well as a decentralized exchanges. For those looking to make their first XRP purchase, we recommend using one of the crypto exchanges described above.

Should You Buy XRP?

That’s completely your decision to make, but it certainly seems like XRP is here to stay. Many extremely large banking entities support XRP. It seems like Ripple and XRP will be instrumental to help settle transactions internationally through blockchain networks. However, we cannot explicitly give you an XRP price prediction.

Let’s have a look at a few more reasons you might want to buy Ripple XRP. Remember, this is not investment advice!

Reasons To Buy XRP

The main benefit of Ripple and XRP is their extreme speed. Ripple is able to handle thousands of transactions per second – which will obviously be required if XRP is given mainstream use.

Other blockchains and cryptocurrencies are much slower than this, meaning they are less suitable for everyday practical use.

Ripple’s excellent partnerships are likely to be pivotal in its success. They are already partnered with some of the biggest banks in the world, ready to help them process their fiat currencies and digital currencies.

XRP Is Far From All-Time High

Although this does not make XRP a perfect time to buy, it certainly makes it a better buy than when it was at its all-time high. Many professional traders will wait for the market to flip bullish before buying an “altcoin” like XRP.

As usual, our advice would be to dollar cost average and not invest more than you are willing to lose.

XRP is Relatively Environmentally Friendly

Ethereum and Bitcoin are powered by methods that are not friendly to the environment. The energy cost of mining these coins is extremely high. This then affects the environment. Of course, the traditional banking system is also extremely energy inefficient, but hey ho.

XRP’s consensus mechanism uses far less energy than proof of work or proof of stake. The aforementioned validator nodes which approve transactions simply deem if they want a transaction on the network to go through, as opposed to solving complex puzzles in order to verify a transaction like Bitcoin and Ethereum.

Downsides to XRP and Ripple

Although there are lots of positives to XRP, there are also quite a few negatives. Let’s go through them.

Firstly, XRP is very centralized. It is owned and operated by a private company. Most are in cryptocurrency due to its decentralized nature. They want to escape centralized power, not support it.

Secondly, XRP is in its infamous lawsuit with the SEC. It has been going on for quite some time and it’s uncertain what the outcome will be for XRP. They have likely amassed enough power, influence, and finance to dodge anything to stifle their progress in our minds.

Thirdly, the Ripple network has been criticized as being less secure compared to other crypto transaction payment and process methods.

Overall, you have to decide whether the pros outweigh the cons if you wish to buy XRP. The market cap is significantly lower than it was one year ago, but who knows, it can go down more. Again, if you want to invest, make sure to dollar cost average and have money on the side to average down your investment.

How To Buy XRP

Buying XRP or Ripple is the same process as buying any cryptocurrency. Let’s go through the process quickly for you!

• Pick an exchange: use one of the exchanges listed above, or you can select another that you like.
• Create and verify your account: most exchanges require you to prove your identity.
• Connect your payment method: exchanges allow you to use debit cards, credit cards, wire transfers, banks transfer, Paypal and more.
• Buy XRP! Most exchanges should allow you to buy XRP directly with your fiat currency. If they do not allow this, you can trade XRP. This just means depositing your fiat onto the exchange, then swapping that fiat for XRP.

That’s it! You now have XRP. If you’ve bought XRP, it’s a good idea to move it to somewhere secure, like Metamask or Trust wallet. You’ll be given a private key which you have to keep safe.

Well, let’s dive into all of the options available to us and decide which is best for you!

First, we’ll walk you through some of the greatest centralized exchanges available – then we’ll give you another idea on buying and even storing Bitcoin!

Crypto Exchanges

The most common point of purchase for most of you is going to be a cryptocurrency exchange. A cryptocurrency exchange hosts a marketplace for you to buy and sell various cryptocurrencies, as well as direct purchases using various payment methods, like debit card.

These centralized exchanges all offer different incentives to use their exchange. Let’s look at some of the top exchanges out there and how they compare!

Coinbase

Coinbase is an excellent beginner’s choice to purchase your first Bitcoin. As one of the most popular exchanges available, Coinbase has excellent customer support, ease of use and rates for a crypto beginner. 

Coinbase is used by over 70 million people in over 100 countries. They hold hundreds of billions in assets and account for hundreds of billions of trade volume every quarter. 

Not only can you buy Bitcoin, but Coinbase lists hundreds of other cryptocurrencies for you to buy. For example, Ether, Doge coin, Shiba Inu, Avalanche and many more! 

When purchasing Bitcoin or any other crypto with normal money, you will pay around 0.5% in fees to Coinbase. This varies depending on the market, and Coinbase’s fluctuating trading fees, but this is the general rate. You can upgrade to Coinbase Pro for improved trading fee rates. 

Pros 

• You can trade hundreds of top coins
• 2-factor authentication for safety
• They have educational content on their platform 
• You can even earn some free tokens for watching their educational content!

Cons

• Transaction costs can be higher than other platforms
• Spread pricing can increase transaction costs
• Not available in all countries

Overall, we like Coinbase and think it is a perfectly good exchange. You get a cryptocurrency wallet, you can buy Bitcoins, sell Bitcoins, send Bitcoin… Almost anything you would need to do with Bitcoin can be done with Coinbase!

eToro

eToro is another very popular platform to get Bitcoin from.

Interestingly, they have a demo mode which allows you to trade crypto without actually risking funds. You could start with $100,000 play money to test out crypto trading to see if it’s right for you. They also have a CopyTrader system that allows you to mimic trades from others on the platform without paying additional fees.

Like most platforms mentioned in this article, you can buy the other top cryptocurrencies from eToro too, like Dogecoin, AVAX, Polygon and so on.

With eToro you can access other investment vehicles like buying particular stocks, indices and more.

Pros

• 15-year track record, so they are extremely well established. 
• You can buy regulated investments through eToro
• Regulatory licensing in the UK, Europe and Australia 
• Perfectly fine to purchase Bitcoin on
• Credit card purchases, wire transfers etc.

Cons

• Higher than average minimum trading requirements. To get involved with the CopyTrade system you need to spend at least $200. Starting with crypto trading requires more funding than the average exchange, too. 
• High spread fee for Bitcoin purchases.

Binance

Binance is one of the most popular crypto exchanges in the world. Binance also has the Binance Smart Chain, their own blockchain, where many developers are launching crypto projects (e.g. Safemoon). 

Binance is one of the best exchanges to use thanks to their fair fees and a large list of options to buy coins from. There are also tons of staking, borrowing and trading options.

They are constantly being dragged into legal battles and getting neutered in various countries, but they often come back… Like the Undertaker! 

Pros

• Huge list of cryptocurrencies to buy, not just Bitcoin
• Enjoy staking, Futures trading (leverage), peer-to-peer payments, lending and more. 
• Relatively low fees considering the other benefits
• Most popular exchange, meaning relatively safe, secure, and trusted
• A few different ways to buy Bitcoin with

Cons

• The verification process can be clumsy and take time
• Unclear corporate structure
• Binance can sometimes be shut down in various countries as rules and regulations change. Check your jurisdiction to see if you can use Binance!

Robinhood 

Robin Hood is yet another great place to buy and trade Bitcoin.

A great benefit of Robinhood is zero fees charged when buying Bitcoin or any other crypto.

You will still have to pay the spread (difference between the bid and ask price), but there are no fees charged This is a great benefit to buying Bitcoin on Robinhood. It could be a good place for a beginner to simply buy some Bitcoin and leave it there on the platform. 

Pros

• Zero fees on Bitcoin buys and sells
• Easy to use platform
• Invest in more than just crypto

Cons

• Limited cryptocurrencies listed, you can only select from the highest market capitalization coins. Makes sense seeing as they are into other investment vehicles too
• No crypto exchange wallet

Robinhood is a great place to make a Bitcoin purchase. Especially if you only plan to buy and hold Bitcoin. It’s not the best exchange account if you wish to do more than just purchase Bitcoin, but it is great for escaping transaction fees.

CoinMama

Another good place exchange for crypto investors to buy Bitcoin!

CoinMama is a good choice for you because it has a fast account setup and verification process. Some other exchanges are slow and have lengthy verification processes. Once signed in, you can buy Bitcoin instantly using various different payment models. However, for instant purchases, the fees are a bit higher. 

Pros

• Instant Bitcoin purchasing
• Easy to transfer to other crypto digital wallets
• Various payment methods are available, e.g. credit card

Cons

• Complex fee structure depending on your choice e.g. higher fees for instant purchasing
• Limited options in some countries like the USA

We like CoinMama as a way to get the casual investor into Bitcoin. It’s one of the easiest ways to buy Bitcoin. Making cryptocurrency investments can be tricky, especially for a beginner, so it’s refreshing how simple CoinMama is.

BlockFi

Another fine exchange to use to get Bitcoin!

We like BlockFi because it gives you a lot of options.

BlockFi allows you to stake your Bitcoin and earn a yearly interest on it. Moreover, you can use your staked Bitcoin as collateral to gain USD, and then invest in other digital currencies should you wish! They also have a BlockFi card you can get to earn rewards and bonuses.

BlockFi‘s yearly loan repayments can be quite high – so we recommend lending to those who are financially educated. Even though Bitcoin’s yearly performance has been strong compared to many assets, you can quickly get into trouble if you borrow and don’t know what you’re doing. 

Pros

• Earn a yearly yield on your Bitcoin
• Use your Bitcoin as collateral for a USD loan
• No added fees when making cryptocurrency trades (just spread fee)
• Attractive referral scheme
• Different investment vehicles to choose from

Cons

• Loan interest is high, only those familiar with lending should use this
• Not a huge list of cryptocurrencies to buy, just the major coins

Bisq

Bisq is an interesting option because it is a decentralized exchange (unlike the others on the list, which are centralized exchanges). You don’t need to signup or create an account. You can use Bisq to buy and sell without having to give away your identity. The Bisq app you’re required to use is open source and free. 

You can get fiat money onto Bisq via multiple channels. These include bank transfers, Chase QuickPay, Western Union and more. 

Trading fees are also relatively low!

Pros

• A decentralized exchange unlike the other exchanges on this list
• Software is open source because it is decentralized
• No need to go through a lengthy sign up/verification process
• They have a DAO (decentralized autonomous organisation) you can get involved with
• Gives you a “secure wallet”

Cons

• Transactions can be slow
• Not the best platform for active traders who are looking to do anything more than simply long term holding, for example, it doesn’t have all the features of a BlockFi or a Binance (but it is decentralized)

So Which Exchange is Best For Buying Bitcoin?

Overall this is for you to decide.

Not all exchanges are made equally. Perhaps you wish to trade, stake, or borrow your coins. In that case, Binance or BlockFi could be a good option for you.

However, perhaps Binance isn’t allowed in your country. You could look at Coinbase for a good all-around option.

Or perhaps anonymity is vital to you, so Bisq could be a good option.

Or perhaps you want to set and forget your Bitcoin and already have a Robinhood account. Well, Robinhood would be a good choice for you! 

The right place for you to buy Bitcoin comes down to you and your individual needs. A good option could be to simply sign up to multiple exchanges and see which suits you best. Many exchanges won’t work for you – so find one that does!

Decentralized Exchanges, The Better Alternative?

New crypto investors should use one of the centralized exchanges listed above. It is the easiest way to get into the cryptocurrency markets. You simply go through the verification process, and then use credit or debit cards to then purchase your crypto. This is the best way, in our opinion, to go from”no-coiner” to crypto investor.

However, from here, we recommend you move at least some of your funds over to a decentralized exchange. The short reason?

Not your keys, not your crypto.

The whole point of crypto is to own your digital assets. When you keep your purchased Bitcoin or any other currency on an exchange, the exchange owns your cryptocurrency, not you.

So, the best thing to do is to get your own cryptocurrency wallets, like MetaMask and Trust Wallet. These exchange online wallets are not as safe as simply holding your coins yourself, with your own password. No one can take your Bitcoin away from you if only you have access to the seed phrase (password).

Also, you are limited to the services your centralized exchange offers should you keep your digital currency there. However, if you keep your Bitcoin in your own online wallet, you can connect to the thousands of DApps (decentralized applications) out there, where you can access all kinds of financial instruments.

Ultimately, buying Bitcoin and getting started is best achieved through a centralized exchange, but you will want to venture over to the world of decentralization as soon as possible…

FAQs

Great! Now you know how to buy bitcoins. Congratulations!

We can’t blame you! Ethereum is a massive part of the cryptocurrency world. As it currently stands, Ethereum is the second-largest cryptocurrency in the world by market cap. 

Ethereum is absolutely pivotal in the NFT and Defi space – two of the largest divisions of crypto. Not only that but it’s been setting multiple all-time highs in recent times and is destined to be a vital part of crypto’s future.

Strong Investment

No matter what brings you here, Ethereum is one of the “safer” crypto investments. Investing experts will recommend Ethereum and Bitcoin as two of the safest crypto investments you can make. Neither Bitcoin nor Ethereum is going anywhere any time soon! While Bitcoin is likened to digital gold, Ethereum is more functional and active, because it is used to create various usable applications on a blockchain (for example, a website or application where you can stake your tokens to earn more, as you would with a traditional bank account).

So, if you are sold on the idea of acquiring some crypto and think Ethereum is a good first coin, let’s look at how to buy Ethereum!

Safety warning: although we’re pro-crypto, financial advisors will recommend that you keep a low amount of crypto in your portfolio. It’s far more volatile than other investment vehicles, which cannot be denied. We enjoy the volatility as where there can be heavy losses there can be heavy gains! But the choice is yours, and make sure to do your own research! 

What Exactly is Ethereum?

Let’s have a quick look at what Ethereum actually is.

The Ethereum blockchain allows developers to build applications on it. Specifically, decentralized applications (DApps). DApps are applications that work without a third party managing them. They operate on an “if X happens then take Y action” mechanism. A smart contract, a type of code, are what allows these mechanisms to work.

For example, one could deploy an Ethereum staking application. Users can connect their wallet to the DApp, and then stake (and earn interest) on their Ether through this application.

The application will always work regardless of a third party being present. Plenty of cryptos operate around this principle of decentralization. The idea is to remove corruptible, centralized power. 

If you’re scratching your head already – a DApp acts just like a website really – but you can connect your crypto wallet to it and interact with these smart contracts. It sounds more complicated than it actually is for the average investor.

What Is Ether?

In order to interact with the Ethereum network, its applications, tools, and so on – everyone must use the native token: Ether (or “Eth). Developers will pay in Eth to deploy their applications and users will pay in Eth to interact with applications.

For example, if I wanted to send one Ether to a friend, I would be charged a sending fee in Ether. That fee would be quite large ($10 – $200 depending on how busy the Ethereum network is). This is one major criticism of the Ethereum network.

The Ethereum Network Lead NFTs and DeFi

Ethereum has spearheaded the NFT and DeFi movement.

The Ethereum blockchain hosts “OpenSea”, the largest NFT marketplace available. Some Eth NFTs are selling for millions of dollars! 

Similarly, DeFi has found a home on Ethereum, and Eth users have been enjoying a variety of interesting decentralized financial services. These include things like lending, borrowing, staking, yield farming, and more! The blockchain is favored by many developers and as such, there is excellent infrastructure and tools available to use. 

The possibilities are endless on Ethereum.

Ether has loads of uses. But you don’t have to overcomplicate it. If you simply want to purchase Ethereum and hold it as a long-term investment, that is fine too! You should expect volatility as with just about any cryptocurrency investment out there. You can expect to see plenty of price fluctuations in the short term. Our recommendation for an Ethereum investment, even for advanced traders, would be to steadily dollar cost average (DCA).

How Much Is Ethereum Worth?

Ethereum was launched back in 2015 and the price has been soaring in recent years. The last peak was in November 2021 where Ether almost reached $5,000 per coin. Currently, in 2022, Ethereum is around $1,800 less than half of the previous all-time high! And this change happened in only a couple of months as the entire market came crashing down towards the end of 2021. 

Even a top coin like Ether makes for risky crypto investment. Over the last couple of years, Ethereum has been as low as $150! So despite its strength, the volatility cannot be understated. Again, we enjoy volatility as it means there is potential for a lot of upsides. If volatility scares you, crypto investing might not be for you. It’s the name of the game! 

Also, remember that Ethereum only has as much value as people think it does. The inherent value is based on how valuable people deem the blockchain and all its uses to be. Ethereum really is prone to huge price swings based on ridiculousness like the media, the stock market, public endorsements/denouncements, regulations, and more!

How To Buy Ethereum

First-time buyer of Ethereum? Well, welcome! Here’s a quick guide on how to buy Ether! Let’s keep it simple and use a cryptocurrency exchange. Just follow the instructions below:

1. Choose a Cryptocurrency Exchange

Buying cryptocurrency is different from buying stocks, shares, and other traditional investments. You have to use cryptocurrency exchanges – or “centralized exchanges” (CEX). There are plenty of cryptocurrency exchanges out there to choose from. You can find really basic exchanges, all the way through to complex trading platforms with tons of extra features. 

Ether can be bought on just about any exchange because it is so popular. Alongside Bitcoin, Ether is the most likely coin to be listed on an exchange. 

Choosing which exchange is right for you is a personal decision. There are multiple factors to consider when choosing an exchange. These are:

• Ease of creating an account and verifying it
• Choosing an exchange that is favored by your country 
• Picking a crypto exchange that doesn’t have exorbitant trading fees

We would recommend looking at Binance, Coinbase, Gemini, eToro, or Crypto.com. These are good exchanges and all offer something a little bit different. For example, Binance has a lot of coins to choose from, Coinbase is one of the longest-standing exchanges out there, eToro has a demo trading platform etc. 

You can even buy Ether from non-crypto trading platforms like Venmo or PayPal. We would recommend doing some research before choosing your platform. If you plan to be involved with crypto, it’s a good idea to pick a crypto exchange to start investing with.

You could also create a non-custodial wallet (MetaMask) and have a friend send you some Ether. This would require a trusted third-party friend with some know-how. For most, it will be easiest to find and use a reputable crypto exchange.

2. Create, Verify and Fund Your Account

After finding a suitable exchange to purchase your Ether, you will likely need to create an account, verify it, and onramp fiat currency onto the exchange. You should be able to buy eth with your preferred payment method, like debit/credit card transfer, Paypal, or wire transfer. Most exchanges will require some sort of ID to verify your identity. Some exchanges will give you private keys, AKA a password. Never lose your private key!

After you’ve completed the verification process, you will need to connect your debit card or use another funding method. Different exchanges will offer different payment methods. These differ from a bank transfer to a debit card, and more.

Some crypto exchanges allow you to purchase Ether straight from your bank account. Other crypto exchanges allow you to deposit money, then you have to go and exchange your Ether for your fiat currency. Often this means making a bid to buy Ether on the exchange’s marketplace. Some platforms allow you to state the price you wish to pay for your Ether, then you wait for that transaction to go through. Either way, your exchange of choice should have a guide for you to make it easier. Here is a guide on buying Ethereum by Binance.

4. Keeping Your Ethereum Safe

After you buy Ethereum, you will need to keep it safe. If you plan to hold for a long time and don’t want to sell ether, it could be a good idea to simply leave it on an exchange. 

However, there is an inherent danger with leaving crypto on an exchange. Essentially, that exchange owns your crypto now, meaning you don’t own it. If the exchange faces a catastrophe (regulations, hacks), your crypto assets might go down with the ship. If you purchase a large amount of Eth, it could be a good idea to move the Eth away from the exchange. 

We would recommend that you send your Eth to your own private wallets, like MetaMask or Trust Wallet. You create a wallet on either platform and get given a 12-word seed phrase (password). As long as you remember (or keep safe) this password, you’ll always be able to access your Eth. Those with large amounts of Eth might want to spread it around on multiple accounts so as to reduce the chance of losing their funds. 

After you create your own wallet, you can buy crypto, stake it, lend it, and all sorts of options through decentralized exchanges (DEXs). We recommend all of our readers start getting familiar with DEXs and interacting with smart contracts!

Hot and Cold Wallets

To be extra safe, you can make multiple wallets and allocate some as cold wallets and some as hot wallets. A hot wallet is one that you are using to actively buy and sell crypto assets. You use it to connect to DApps, and it is at risk of being hacked, or you making a mistake and losing the funds. Generally, you would want less of your investment portfolio on your hot wallet.

Then you have a cold wallet. A cold wallet is where you store the majority of your assets that you plan to hold long-term. Most people will use a hardware wallet (like Trezor) to go with their cold wallet. Hardware wallets store your private keys on a physical device, and you can also add two-factor authentication as you need it to access your wallet.  

Final Question, Should You Invest in Ethereum?

If you are interested in cryptocurrency, it’s a good idea to be buying Ether. Yes, it is already one of the biggest coins out there, but crypto is in its infancy and Eth has tons of room to grow. Sure, it’s unlikely we’ll see 1000x gains like you will on other coins, but Ether offers excellent relative safety compared to other cryptocurrencies with a high upside looking forward. 

Also, it’s good to have some Ether on hand in case you need to make a quick DeFi or NFT buy. Without any Eth, you won’t be able to do anything on the Ethereum blockchain.

Its already massive market capitalization means it’s pretty safe for the future. Ethereum is established and here to stay. It is completely intertwined with the crypto world, just like Bitcoin.

Not only that but it is headed by some of the best minds in the whole of crypto, like Vitalik Buterin. Ethereum 2.0 will eventually be released and help Ethereum to be more scalable for users and developers. The future is bright with Ethereum in our opinion. 

If you are scared of volatility and unsure about the future of crypto – Ethereum (or any crypto) probably isn’t for you. We would suggest reading into the entire space more and becoming familiar with the future of crypto, Eth, and why you might want to own some. Of course, none of this is financial information, simply our humble opinions… And we think Ether is going to the moon!  

FAQs About Ethereum