We offer you on this topic how to buy and sell Ethereum step by step. We rely on this guide to buy and sell Ethereum on the most convenient wallet to store Ethereum. And all cryptocurrencies based on Etherrium blockchain which is MyEtherWallet. this article on our site E-helper team.
Can I buy and sell ethereum?
Can I sell ethereum for cash?
How do I sell my ethereum?
Should I sell ethereum?
Which wallet is best for ethereum?
Do I need a wallet for ethereum?
How to Buy and Sell Ethereum Step by Step
We will rely on this guide As mentioned above. That we will rely on the most convenient Ethereum storage portfolio, MyEtherWallet. In this way, we will explain how to buy and sell Ethereum through three processes.
First: Create An Ethereum Wallet By MyEtherWallet
1. Visit myetherwallet.com and enter a password that is difficult to guess (but do not forget).
Note: If you forget this password you may lose access to your Ethereum balance.
Click “Create New Wallet”.
2. Click “Download Keystore File”. Be sure to read and understand the warnings.
It is very important that you keep this file in a safe place (external hard drives and/or USB key, for example).
After you’re done, click on “I understand. Continue ”
3. Now you will be given a strong unencrypted key for your wallet.
Note: Do not give this key to anyone. If you do, you can open your wallet and withdraw your available balance.
Consider saving your private key in a safe place, and then delete all traces of it from your computer. why? Because sometime in the future a computer may infect a virus, use a malicious program, or visit a website with an ad containing malicious code.
On the other side, these things will target the key to your wallet, and it’s an easy way to open your wallet and steal your balance.
Then, click “Save your address”.
4. You will now open your new wallet.
Select the “Keystore File” option, upload the file you saved in step 2, and enter your password.
Once you’re done, scroll down the page to see the open wallet.
5. You will see a long string of letters and numbers under the name “Your Address”.
This is the title of your personal wallet, which will send your balance from her.
Copy this address and keep it in a safe place where you’ll need it soon.
Second: Buy the Ethereum on the Coinbase
6. Visit Coinbase Click the “sign up” button and fill in your required information (make sure your name is exactly as it is on your ID card).
To verify your account, you must provide a phone number, upload a photo of your identity card, and verify your credit card or bank account before you can buy.
Note: If you are using the bank account to buy Ethereum. The process is done quickly with a higher rate of deduction than when the bank transfer is used for buy. Which makes the purchase process take longer.
7. After verifying your payment details, click “buy/sell” in the top menu.
Choose “Ethereum” and at the bottom of the page choose how much you want to spend in the local currency and the number of coins you want to buy. Then click the “Buy” button.
Press the “Confirm Buy” button.
OK! Thus, you have acquired some of the Ethereum.
Third: Send Ethereum to the MyEtherWallet
9. Click “Accounts” in the top menu, then find the Ethereum folder listed on the left.
Click on “Send”.
10. In the “Recipient” column, paste the MyEtherWallet personal wallet address that you saved earlier in step 5.
In the Amount column, type how much Ethereum you want to send , You’ll find the “use max” option if you want to send it in full.
Coinbase may ask you to confirm with your password/phone. Follow the instructions until the Ethereum confirmation is confirmed.
11. After a few minutes, you should see Ethereum in your MyEtherWallet.
You may have to refresh the page and sign in to your wallet again.
12. You may wish to transfer your balance from ETH. that’s easy!
Press ‘send ether & tokens’, then open your wallet using the KeyStore file and your password or private key. In ‘To address’, insert the wallet address to which you want to send the Ether.
Then type the amount of credit you wish to send (or press “send entire balance” to send it in full).
Click “generate transaction”.
13. Verify that you have entered the wallet address and amount correctly and press “Send transaction”.
On the window that will appear to you, click “Yes, I am sure! Make transaction “.
14. The transaction was sent. In the green box that appears.
Click “View TX” Finally, you will see a screen where you can confirm that the transaction has been completed successfully.
How about selling Ethereum?
You can simply reverse the order of tasks you have done in this directory.
The Ethereum (ETH) currency is a distributed, open-source and decentralized block. the most important feature of which is the smart nodes that can be implemented on this network. The Ethereum protocol was proposed by the Canadian programmer Vitali Biotrain in 2013 and was first launched in 2015. this article on our site E-helper team.
What is the currency of Ethereum
it is an electronic currency, like Bitcoin, that operates on the Ethereum (ETH) network. The price at the start of the network on 30 July 2015 was not more than two dollars, in the first quarter of 2017 did not exceed the price of 20 US dollars ($ 20) and today the price of etherium exceeds $ 300, which doubled in 2017 by 3700%, estimated some Analysts said it could reach $ 1,000 by the end of 2017 or earlier. The currency of the Ethereum (ETH) is the financial value you pay for any operation on the Ethereum (ETH) network, whether it is a regular transfer of money from one account to another, or the execution of an intelligent contract – a program – on the network.
The rise of Ethereum to its highest value:
On the 13th of June, the highest price of Ethereum (ETH) has so far surpassed the $ 400 edge on many electronic exchange platforms, with some trading platforms selling and buying at $ 405 and $ 408, while the cexio platform saw an exchange of $ 412 Dollars. The $ 400 peak is the highest price ever since its inception.
The currency of Ethereum (ETH) is trading at 10 cents on the gdax platform:
One of the strangest incidents of the past year, specifically in June, was the sale of the currency of Ethereum (ETH) with a very small pigment, to an incredible extent. A large amount of lithium sold for 30 million US dollars, sold for 10 cents on the GDAX electronic trading platform, Of course, it was not natural. This was due to the manipulation of big investors or so-called whales in the market on this platform. Of course, only big investors benefited from this manipulation. The statements made by GDX officials came to deny any kind of manipulation of the market so that the truth remains between the taking of a response.
The true value ofُُ Ethereum :
The adoption of several global networks of Ethereum (ETH) and the formation of the Ethereal Union Foundation gave a very strong impetus to this currency and made it multiply terribly within a short period of time. Some suggest that this rise to the currency of the Ethereum (ETH) is only a false rise (bubble) and can return to its real price at any moment ($ 20). this currency to the upside confirm the opposite, namely that the current value of the currency ($ 300) is real, but that its value far exceeds, what can be caused by this network – and behind it the currency – of change in the world, and of course for the adoption of a very broad For Ethereum (ETH)
the most important reasons that led the Ethereum (ETH) to climb in this form and expected to rise even more in the future
1- Independent programming language:
The Ethereum protocol has an independent programming language called solidity and has libraries in many programming languages, such as: Web3js, Java, Ethereum (ETH), and CPP- Ethereum (ETH) These languages enable libraries, The Ethereum is not just communicating with it
2-Faster implementation and safer network:
With the algorithms implemented in the Ethereum (ETH) network, the implementation of conversions and programs on this network is faster than others, and the security side is more improved than others
The curiosity of many international companies – especially financial ones
government institutions of Ethereum (ETH) and adoption of him gave him a strong boost
Chinese markets are one of the world’s largest encrypted exchange markets,
The Chinese market is one of the world’s largest encrypted exchange markets.
recently opened the largest three Chinese exchange of encrypted currency in China