Buy Ethereum quickly and safely – Coinhouse

Ethereum – the pretender to Bitcoin’s crown

How Coinhouse can help you buy Ether

Buying Ether on Coinhouse gives you all the advantages of a secure platform that is easy to access and easy to use. You can open an account online in a matter of minutes and then make your first purchases after your identity has been verified. A basic account is free for individuals – you only need to pay the usual fees on buying, selling and converting – and it gives access to all the main cryptos (including Bitcoin and Ether). For those who want more guided support or a full range of cryptocurrencies, you can opt for our Premium account in return for a monthly subscription and some more specific fees. We also offer Business accounts.

On Coinhouse, you can invest in Ether from as little as €20 using a credit or debit card or through a SEPA bank transfer. Using a card is the quickest way to buy Ether when you want, like when you feel it is at an attractive price. Opting for a bank transfer means you will have to wait for the funds to move from your account to Coinhouse, which can take one to two business days.

What to do after you buy Ether

On Coinhouse, you can buy Ether, hold it in a wallet, sell it for fiat currency (e.g. for euros), or even swap it for other cryptocurrencies. It’s up to you. Moreover, as digital currencies gain more traction in the real world, decentralised finance services are developing at the speed of light. Today, there are crypto debit cards, crypto loans and peer-to-peer lending. There are an ever-increasing number of e-retailers who now accept Bitcoin and Ether. Their uses are growing!

Should you buy Ether?

The Ethereum blockchain allows users to create smart contracts which are becoming increasingly useful for individuals and businesses. Its unit of account is Ether which is used as the payment method for these contracts. Ether’s ticker on exchanges is ETH. This cryptocurrency has very quickly become the second largest crypto on the planet; its market cap has varied between €200 billion and €500 billion since early 2021.

While lower than the market cap of Bitcoin, there is a large gap between second and third place in the cryptocurrency market. In fact, Ether represents about 20% of the world’s crypto market! Although Ethereum may only be the second most valued blockchain, it is the first in terms of uses. The main difference between it and Bitcoin is that Ethereum can create applications stored on the blockchain itself. This has opened the door to decentralised finance services (DeFi) and non-fungible tokens (NFTs) which are quickly expanding.

Thanks to the ability to build applications onto the Ethereum platform, it is possible to lend, borrow, trade and even verify property titles without having to go through a central authority. It is also possible to create new cryptocurrencies, which are called tokens. All this makes Ethereum the most diversified and active blockchain in the crypto ecosystem.

Ethereum has attracted a large number of investors because it is versatile, quickly processes transactions and is seen as the bedrock of decentralised finance thanks to smart contracts, non-fungible tokens and the registration of property titles. Its popularity has grown not just among crypto investors but also among large companies which are embarking on more and more projects on the platform – a tailwind for its market cap and a reason to buy Ether.

At the start of 2020, Ether had a price of just over €100. A year later, its price had risen to €1,000 and then doubled by the start of 2022. Although its price has swung wildly up and down, it has not stopped climbing from one year to the next. Some experts expect it to hit €10,000 by 2025 and then €30,000 around 2030.