Buy ethereum using Bitcoin, USD, EUR, JPY, CAD or buy ETH using Bitcoin in Kraken. This guide in buying ethereum is quiet easy to follow wherein beginner cryptocurrency trader and investor can follow. Should you acquire some ethereum even its price is less than $1,000 as of February 2018. Maybe you will ask, is buying $1,000 per 1 ETH worth it? You may want to try Initial Coin Offering if you are doubting what can Ethereum can do for you.
There are few steps to take when buying Ethereum ETH in Kraken trading platform. If you think ETH will go straight to the moon this year, then buy some coins even it is now expensive. But wait, Bitcoin or Ethereum, which one should you buy? If you can afford to buy at least one Bitcoin BTC, then buy at least one. The price of Bitcoin BTC to USD is increasing rapidly and sometimes down to the ground and many cryptocurrencies will panic. BTC Bitcoin is more popular than Ethereum, but the price has big difference.
How to Buy Ethereum in Kraken Cryptocurrency Exchange?
Step 1. Choose Ethereum ETH in the Kraken Platform and choose other coins or currencies to trade in ETH. Example: Bitcoin BTC to Ethereum ETH, US Dollar to Ethereum ETH.
Step 2. Press “New Order”. Type the amount of Ethereum you want to Buy, the price of Ethereum.
Step 3. Press “Buy” button. You can see your orders or position at the bottom of your screen in Kraken Trading Platform.
Tips in Buying Ethereum in Kraken
- If you want to successfully buy Ethereum ETH in Kraken, use the last price immediately or bid lower than the last price. buy Ethereum while it is not in its peak. Sooner, the price of Ethereum ETH will increase rapidly just like what happened to Bitcoin BTC.
- It is advisable to create a Ethereum Wallet or just keep your Ethereum ETH coins in a hard wallet. If you just want to trade your fiat currencies to Ethereum, then just buy and sell Ethereum in your preferred cryptocurrency exchange.