Many retailers are beginning to accept cryptocurrencies such as Ethereum as a payment option. You can use websites like Coinmap to locate shops or ATMs that support Ethereum in your location. The Ethereum blockchain also powers a wide range of apps and services – from decentralised marketplaces to social media networks. You can also spend your Ethereum tokens on flights, hotel rooms, restaurants and more – as long as the merchant supports the cryptocurrency you’re purchasing with.
You can buy ethereum uk through a number of exchanges and brokers. However, it’s best to stick with FCA-regulated providers when investing in cryptocurrencies. This way, you’ll be protected against any scams or market volatility. In addition, you can purchase cryptocurrencies such as Ethereum with an everyday payment method such as a debit or credit card.
Acquiring Ethereum in the UK: A Simple Guide to Making Your Purchase
One such broker that’s popular with beginners is eToro. This user-friendly broker allows you to invest in 16 different crypto assets – including Ethereum – and all of them are tradable against several fiat currencies. In addition, eToro offers highly competitive fees and you can open an account in less than 10 minutes.
Another good place to buy ethereum in the UK is the Binance crypto exchange. This platform offers a large variety of crypto markets and has some of the highest liquidity in the industry. In addition, you can purchase Ethereum on Binance using a debit or credit card. However, you should always store your Ethereum in a cold wallet rather than a hot one as this will help protect it from hackers or malware.