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Ethereum is a distributed public blockchain network. In the Ethereum, miners work to earn Ether, a type of crypto token that fuels the network. Beyond a tradeable cryptocurrency, Ether is also utilized by application developers to pay for transaction fees and services on the Ethereum network.
Best Way to Buy Ethereum
Step 1: Registering with Shiftal
Register an account with Shiftal. You get a free and secure online wallet. Any other supporting apps aren’t necessary as this is the Best Ethereum Trading Platform. If you already have an account, jump to the second step.
Step 2: Searching it right
From the above options, choose your location and desired payment method, choosing the payment method is of pivotal importance. If you're unsure how you want to pay, select "All online offers" as your payment method. The site will list Ethereum traders available in your region.
Step 3: Selecting it right
From the list of choices choose one from a trader with a good reputation score and a high volume of trades. The Offline/Online indicator shows the current status of the trader. You can click the ‘Buy’ or ‘Sell’ button to view more information about your selection.
Step 4: Opening a trade
After you press the ‘Buy’ or ‘Sell’ button you'll see more information about your choices, including the terms of the trade. Read through them very carefully before submitting the trade request, if you don't agree with them, you can go back to the previous page and choose another selection.
To start the trade, type in the box how much you want to buy or sell, enter a message for the trader and click the Send trade request button to start the trade. Be sure you're ready to pay when clicking the button, if you don't pay before the payment window is over, the trade will be automatically canceled. Use similar steps for selling ETH.
Step 5: Receiving your Ethereum
Once you have done the payment, click the I have paid button. Once the trader has verified that your payment has been received your Ethereum will be released from escrow and they are instantly available in your Shiftal wallet. In case of selling your ETH, click on release ETH after receiving payment confirmation from the buyer. And that's all there is to it, congratulations on your first Ethereum trade! That wasn’t too hard, was it?.