How to buy/sell Ethereum?

Ethereum is second to Bitcoin in market cap and is one of the most used platform to generate new token using its ERC20 protocol. It has potential to grow to $1000 by end of year 2017. You may be tempted to invest in ethereum and earn some good fortune but unlike Bitcoin, trading ethereum directly is not easy. Earlier exchanges like Coinbase, Cex used to offer only Bitcoin against USD, but now, as Ethereum has gain popularity among cryptoinvestors, exchanges allow users to trade ethereum against USD. To buy/sell ethereum you need to have account on exchanges same as Bitcoin.

Trade on Coinbase (Non-Indians) : 

  1. Sign up on Coinbase : SignUp
  2. Get your account verified.
  3. Add your payment method.
  4. Happy trading on Coinbase.

Trade on Koinex :

  1. Sign up on in Koinex : SignUp
  2. Upload required document and pay 100rs. For KYC.
  3. After KYC is done, Send money to Koinex using IMPS/NEFT and put reference no. on Koinex.
  4. Within 3 hours, money will be credited to your Koinex wallet.
  5. You can buy/sell Ethereum, Ripple and Litecoin also.
  6. Happy buying/Selling on Koinex.

Trade on Ethx.in :

  1. Sign up on Ethx.in : SignUp
  2. You will get Ethereum worth of 200rs. instantly.
  3. Click on KYC and
    • Verify your Email id
    • Enter your Bank account details (You will get a confirmation call within 24 hrs)
    • Upload PAN and Aadhar card
  4. After KYC is done, you can deposit money in your INR wallet. Opt an appropriate option and send money to Ethx account and it will reflect in your INR walllet.
    • Activate 2FA on your account by clicking on “Secure Ethereum Wallet”
  5. Happy trading on Ethx.

Trade on Coindelta :

  1. Sign up on Coindelta : SignUp
  2. Upload PAN and Aadhar card for KYC
  3. Within few minutes, KYC will be completed and verified.
  4. Upload your bank details and a bank statement. (Will be verified in few minutes)
  5. Add money in your Coindelta INR wallet using netbanking.
  6. Happy trading on Coindelta.
    • It offers other coins like OMG, LTC and Ripple too.

Trade on Cex :

  1. Sign up on Cex : SignUp
  2. Upload required documents for KYC.
  3. In 10 minutes, KYC will be completed.
  4. Add money to your Cex wallet using card/online transaction.
  5. You can also do margin trading for various coins.
  6. Happy trading on Cex.

Only these exchanges provide user to trade ethereum against USD directly. But sadly coinbase does not provide service in many countries, so cryptoinvestors have very less options to trade ethereum.

There is a way to trade Ethereum and other altcoins also. Most of the exchanges let you buy ethereum and other altcoins against Bitcoin only.

Here you will get to know the details of how to convert Bitcoins to Ethereum and other Altcoins?

1 Comment

  1. I sold my bitcoins due to the downturn of its price easily at cryptoexmart and my cash was transferred to my bank account immediately. These guys are fast and they charged me about 0.01% for selling $85,000

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