Tuesday, January 14, 2020

What is the Best Ethereum Exchange?

As Ethereum becomes more and more popular, many cryptocurrency exchange platforms are including Ether in their currency pairs. In order to buy or sell Ethereum, you’ll need to find an Ethereum exchange.


When choosing an Ethereum exchange it’s important to differentiate between 3 different types of exchanges: Brokers, trading platforms and P2P marketplaces. Here are my top 3 picks for the Ethereum exchange by category. 
  • Coinmama: 
Coinmama supplies a brokerage service to both Bitcoin, Ethereum and a variety of other cryptocurrencies. They also put an emphasis on quality customer support. Coinmama accepts credit and debit cards, as well as SEPA transfers for Ethereum purchases. 
  • etoro: 
eToro is a trading platform that allows trading in several cryptocurrencies such as Ethereum, Bitcoin, Ripple, Bitcoin Cash, Dash and more. The main difference between traditional exchanges and eToro is that all transactions are denominated in fiat currency. Meaning you can’t actually withdraw the Ether you buy on eToro, only exchange it for USD, EUR, etc. 
  • Digital Ticks: 
Digital Ticks is a cryptocurrency exchange platform. That also supplies a brokerage service for buying cryptos with a credit card. The exchange allows you to trade one cryptocurrency for the other. If you own Bitcoin you can almost instantly trade it for Ethereum. 

As Ethereum becomes more popular the options for buying it increase dramatically. The main thing when choosing an exchange would be to make sure your country and payment method are supported.

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