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Buy ETH with card or bank transfer. Start with as little as $1.
Get up to 0.5% cashback
No hidden fees
Excellent market prices
SEPA and FPS transfers
Buy Ethereum
EthereumETH
$2,426
Market Stats
- Market Rank
- 2
- Markey Cap
- $291.94B
- 24H Volume
- $6.79B
- 24H High
- $2,436.09
- All-Time High
- $4,878.26
- Circulating Supply
- 120,337,372
Ethereum (ETH) Price Performance
The current Ethereum price is $2,426 as in the last 24 hours its value has risen by 0.04%. Ethereum is down 50.26% from its all-time high of $4,878.26. Ethereum ranks number 2 in terms of market capitalization, representing 13.28% of the entire crypto market. Ethereum is a decentralized currency, which means you can buy, sell, and exchange it without having to rely on traditional monetary systems.
What Is Ethereum?
Ethereum is a decentralized blockchain platform that enables developers to build decentralized applications (dApps) on top of its blockchain. Launched in 2015 by Vitalik Buterin, Ethereum has become one of the most popular blockchain platforms in the world, thanks to its robust ecosystem, active community, and innovative features.
Ether (ETH) is Ethereum's native cryptocurrency and serves multiple purposes on the platform. It can be used to pay gas fees on the Ethereum network and as a means of participating in the platform's governance system.
Two of Ethereum's most important characteristics are its interoperability and scalability. The former refers to Ethereum's ability to connect and communicate with other blockchain networks and platforms, which allows for greater functionality and compatibility. Scalability, on the other hand, refers to Ethereum's ability to handle large volumes of transactions and data without compromising its performance or security.
In September 2022 Ethereum went through a major upgrade called The Merge, dubbed one of the most significant upgrade events for the industry because of its complexity. It involved the transition from the Proof-of-Work consensus algorithm to a more efficient Proof-of-Stake algorithm, with the purpose of reducing energy consumption, further improving scalability, and increasing security. Consequently, that mandated validation of the transactions on Ethereum to happen through the act of staking rather than mining.
Although much awaited, the Merge is just the beginning of a series of major updates Ethereum has to undergo in order for Vitalik’s vision to be completed.
Why Nexo Is the Right Place toBuy Ethereum
Buy Seamlessly
Buy ETH with card or bank transfer and get up to 0.5% crypto cashback.
Start with Just $1
Start with as little as $1 and go up to $15,000 in just one purchase.
Get Excellent Prices
Get the most cost-efficient price across the top 10 crypto exchanges worldwide.
Stay Ahead
Benefit from a top-tier insurance by Nexo’s trusted custody partners.
How to Buy Ethereum
Once you open your Nexo account and verify your identity, then you have to:
1
Select Asset
Click on the “Buy” button on your Dashboard and select the desired asset.
Click on the “Buy” button on your Dashboard and select the desired asset.
2
Enter Amount
Select the amount you want to buy and choose your payment method.
Select the amount you want to buy and choose your payment method.
3
Complete the Purchase
Preview your transaction details, and confirm the purchase.
Preview your transaction details, and confirm the purchase.
Buy Ethereum
How to Buy Ethereum
Once you open your Nexo account and verify your identity, then you have to:
What Can You Do with YourEthereum?
FAQs
Find answers to all your questions about buying Ethereum on Nexo.
How can I buy Ethereum on Nexo?
You can buy Ethereum either with a card or with a wire transfer.
Purchases with cards are quick once you’ve added your card details.
If you choose to buy crypto with a wire transfer, you must first fund your account with EUR, USD or GBP. To ensure timely transactions in the fast-paced market, we have incorporated GBP wires through Faster Payments and EUR wires through SEPA. The next and final step is to make an exchange transaction using some or all of the transferred amount to acquire ETH.
Once the transaction is completed, the newly acquired ETH automatically appears in your Nexo Savings account and starts earning you compound interest.
Can I buy a fraction of ETH?
Ethereum's divisibility allows for very precise transactions with small fractions of the currency. At Nexo, we've made it even more accessible by enabling users to purchase as little as $1 worth of ETH.
There are several factors that influence users' decisions about how much Ethereum to purchase, including supply, demand, availability, competition from other cryptocurrencies, and investor sentiment. Given the volatility of the market, the timing of ETH purchases is a matter of personal judgment based on each user's knowledge and confidence in the technology.
How to get up to 0.5% in crypto rewards on your ETH purchases?
To earn crypto rewards, make sure the ratio of NEXO Tokens in your account against the rest of your portfolio is at least 1%. The rewards you get depend on your Loyalty tier – the higher your Loyalty tier is, the more rewards you’ll get.
If you want to get the maximum reward rate of 0.5%, join the Platinum Loyalty tier by maintaining the ratio between NEXO Tokens against the rest of your portfolio at 10% or more.
Example
Let’s say you stay within Nexo’s Platinum Loyalty tier and you buy $5,000 worth of ETH via the Nexo Exchange. That means you’ll get $25 worth of ETH in crypto cashback:
$5,000*0.5% = $25 in ETH
To find out the exact crypto cashback rates for each tier, visit ourHelp Center.
Note:The total crypto rewards paid are limited up to $100,000 in exchange volume per month. That means you’ll get rewarded until your total monthly amount of swaps reaches $100,000. That limit resets back to $0 on the 1st day of each month.
How do I stake ETH through Nexo?
To start earning staking rewards, swap your ETH for NETH (Nexo Staked Ethereum) at a 1:1 ratio.
The yield you earn depends on the Ethereum network rate and the amount of ETH staked through Nexo. The newly acquired NETH serves as proof for your validation through Nexo’s validator node and can be swapped back for ETH in a single click.
How does Nexo manage my ETH?
Nexo works with the leading authorities in custody and compliance:
Insurance from our custody partners via Lloyd’s of London and Marsh & Arch.
The finest custody solutions in the blockchain space, provided by SOC 2 Type 2 certified Fireblocks, Ledger Vault, and other partners.
Military-grade 256-bit encryption and fraud monitoring mechanisms, ensuring the integrity of your funds.
ISO/IEC 27001:2013 accredited information management systems.
You can learn more about our fundamentals here.
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