How to Buy Ethereum in 5 Steps
By Will Tolmie February 27, 2025
Summary
- To buy Ethereum, users can create an account on Coinbase, available on mobile and desktop devices.
- After creating a Coinbase account and verifying their information, users will be able to buy, sell and store Ethereum.
Introduction
Ethereum, the second-largest cryptocurrency by market capitalization, can be purchased through digital wallet providers or on centralized exchanges. Here, we’ll use Coinbase, one of the most trusted and straightforward cryptocurrency exchanges. Continue for a step-by-step guide to help you buy Ethereum on Coinbase.
Let’s Get Started
Step 1: Set Up Your Coinbase Account
Visit www.coinbase.com/signup or download the Coinbase App to create an account with Coinbase. After receiving your name and password, Coinbase will verify your identity using additional personal details, including your address, financial status and the last four digits of your SSN.
Step 2: Add a Payment Method
To buy and sell crypto such as Ethereum on Coinbase, users must add a payment method. Coinbase supports bank accounts, debit cards, PayPal, wire transfers and Coinbase gift cards.
Step 3: Initiate a Trade
Once a payment method has been verified and successfully linked to your Coinbase account, users can start the process of buying Ethereum. Users visiting Coinbase.com can select Buy while mobile users can tap ( + ) Buy on the Home tab of the Coinbase app.
Step 4: Enter Order Details
Coinbase users can select from a number of order types, payment methods and assets when buying crypto. To purchase Ethereum, select it from the dropdown on Coinbase.com or search for it on the Coinbase app. Use the number pad to input the amount you want to spend in your local currency. Users can then enter the amount they wish to purchase in USD or ETH.
Step 5: Confirm Your Purchase
Once you’ve entered the details of your order, click “Review order” on Coinbase.com or “Preview buy” on the Coinbase app to proceed. Then, confirm your purchase by selecting “Buy now”. Congratulations, you’ve bought Ethereum!
Conclusion
Using these five basic steps, anyone can buy Ethereum. With a Coinbase account, you will also be able to sell, transfer and store cryptocurrency. Don’t forget to check out our other articles on Ethereum!
