Ether can be easily bought and traded on trade markets like Kraken or Poloniex.We use www.kraken.com and therefore get into detail for this trading plattform only. At Kraken, trading is possible for Bitcoins, various alternative coins and Ether, of course. The fee is relatively fair. Free SEPA in- and outpayments are possible. Due to legal requirements, a couple of personal details must be given:
- Name, Address and Date of Birth,
- Copy of ID,
- a picture of you with your ID in your hand for verification,
- a copy of a bank statement or a power-or energy invoice (not older than 3 months) for confirmation of your address.
We have had good experience with all three options so far. At the end, the personal preference is important. People who want to speculate and count on the rate to increase instead of the market price, should rather get into the stock market. People who want to be part of the network and mine Ether themselves can, of course, get the popular currency a lot cheaper if the price is high. The easiest way here is to get into Cloud-Mining. This way, you do not have to pay for an expensive setup and do not invest a lot of time. The ones who are technically experienced, can also start on their own, of course. And remember: the better the hardware, the more efficient the mining.
* The marked links are so-called affiliate links. If you make a purchase through such a link on the landing page, then etherbasics.com will receive a commission from the seller. For you this has no disadvantage. We only use affiliate links if we are convinced by the product itself.