So youve just learned all about cryptocurrency, and now youre ready to make your first purchase. You might find yourself preferring Ethereum over Bitcoin and other cryptocurrencies. If thats the case then its time to head to TBanque. Heres how you can quickly and easily make your first Ethereum purchase on TBanque.
How to buy Ethereum on TBanque in 5 easy steps
Step 1: Find the Ethereum exchange thats right for you
Since Ethereum has grown in popularity, it seems that you can purchase the cryptocurrency just about anywhere. Do your research and find an exchange that provides you with a safe, secure, and cheap way to make your first Ethereum purchase.
Step 2: Sign up for TBanque
You might find that TBanque is a great platform on which to buy Ethereum. If so, signing up is simple and so is depositing funds into your account via a wire transfer or bank deposit.
Step 3: Account verification
To ensure account security, TBanque requires account verification. Youll be required to upload a valid proof of identity (e.g. passport or drivers license) and proof of address (e.g. bank/credit card statement, internet bill).
Step 4: Deposit fiat currency
Once your account is verified you can get started! Follow the instructions to deposit fiat funds into your new TBanque account. Having fiat currency in your TBanque account is a necessary step to buy ETH.
Step 5: Make your first Ethereum purchase
Now that your funds are available in your account, youll be ready to go! Simply navigate to the Ethereum page and make your first purchase.
Why buy Ethereum (ether) on TBanque?
Nonstop trading:
On TBanque there are never any outages. You can trade Ethereum 24-hours a day, 365-days a year.
Fractional purchases:
Buy ether fractionally, so you dont need to buy a full ether to get started.
Easy to use:
The TBanque interface is simple and great for beginners to get started.
Minimal fees:
On TBanque, fees are always transparent, with no hidden charges.
Demo trading:
Before you buy real crypto, get a FREE TBanque demo account, with $100,000 in virtual money, to test your trading strategy with practice funds.
Copy trading:
Still not sure what trades to make? Use TBanques CopyTrader to mimic the trades of your favorite crypto investors.
What is Ethereum?
What is Ethereum anyway? Ethereum is a blockchain network designed for decentralized computing. As an open-sourced protocol, developers can create decentralized applications (dApps), design smart contracts, and even create their own cryptocurrency tokens all backed by the Ethereum blockchain.
What are the fees for buying ether with TBanque?
You can trade ETH on TBanque without worrying about unexpected or hidden fees. TBanque fees are straightforward and easy to understand. When using the platform or TBanque Wallet, all spreads are applied round-trip, meaning you are charged this percentage when you buy, but the fee is adjusted when you sell.
Trading fees
| Market hours | Fee |
| 24/7 | 1% |
Transaction fees
| Withdrawal (minimum $30) | $5 |
| Send/receive transaction (Wallet) | $0 |
| Crypto-to-crypto conversion (Wallet) | 0.1% |
| Crypto conversion (Wallet, minimum 0.3 ETH) | 0.006 units |
The advantages of buying Ethereum
Ethereum is right up there with Bitcoin as one of the most well-regarded cryptocurrencies in the crypto market. As a result, buying Ethereum has its advantages:
- Can be easily traded or exchanged for other cryptocurrencies.
- Used at a growing number at online and brick-and-mortar retailers.
- Gives you access to a number of decentralized applications (dApps) and smart contract platforms.
Ready to buy Ethereum? Get started
This information is for educational purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any financial instruments. This material has been prepared without regard to any particular investment objectives or financial situation and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past performance of a financial instrument, index or a packaged investment product are not, and should not be taken as a reliable indicator of future results. TBanque makes no representation and assumes no liability as to the accuracy or completeness of the content of this guide. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose.
