How to Buy Ethereum (ETH) in Canada

How to Buy ETH in Canada

Ethereum wants to reimagine the Internet.

BUY PRICE1 ETH = CAD $0.00

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SELL PRICE1 ETH = CAD $0.00

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SUMMARY1. Brief Intro2. Price3. How to Buy4. Why Netcoins?5. About Ethereum

Brief Intro

Ethereum was created in 2013 by Vitalik Buterin. Although Ethereum and Ether are used interchangeably, Ethereum is the name of the blockchain while ether is the name of its native cryptocurrency. If you’re looking to buy Ethereum in the USA, it’s more likely that you’re really looking to buy Ether (ETH). Ethereum took the technology Bitcoin created and made it more than just currency. In reimagining the financial world and beyond, Ethereum has allowed companies to manage property, contracts, build apps, advertise, buy goods, play games, organize people and so much more. To quote journalist Camila Russo: “Bitcoin wanted to be peer-to-peer money. Ethereum wanted to be peer-to-peer everything.” Wondering how to buy Ethereum in America? Netcoins is a publicly owned, fully regulated crypto trading platform. Simply download the app from the Google Play or Apple App store, create an account with Netcoins, fund it with USD and head to the trade page to buy or sell Ethereum (ETH). Netcoins offers 0% funding fees* and free cash withdrawals with ACH funding, along with live customer support service seven days a week.

Ethereum Price

Buy Ethereum

ETH / CAD

CAD $ -

1H24H7D

Buy Price$0.00

Sell Price$0.00

24h High$0.00

24h Low$0.00

How to Buy Ethereum

1. Create an Account

2. Fund It

Your Netcoins account can be funded with a crypto deposit, an ACH transfer or a bank wire transfer.

3. Start Trading

Buy and sell as much Ethereum as you want with no slippage due to our deep liquidity.

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More About Ethereum

Things to Consider Before Investing in ETH

Ethereum saw great success in 2021. Like bitcoin, it has created millionaires overnight but it has also made people lose all their wealth. With that said, buying ether is still considered a risky investment given its volatility. But high volatility can work in both directions. It can work in your favour and yield great potential for return. And it can work against you by causing you to take on big losses. That is why it’s important to never invest more than you’re ready or willing to lose.

How Much Ether Can I Buy?

You don’t need to buy 1 entire ether to get started! You can buy fractions of an ether. In fact, the smallest possible unit of ether is called a wei (named after a cryptographer) and is equivalent to.000000000000000001 ETH (18 decimal places). Many beginners start their ether journey by buying small amounts. You can start as small as $10, or invest up to $10 million with Netcoins.

Why Buy Eth?

The Ethereum blockchain has proven that developers can build decentralized applications and tokens on top of it (not just currencies). It allows any developer to build any project or cryptocurrency on top of its blockchain. For example file storage, social networks, advertising and loans. All this and more while removing the middlemen from the process. But to participate in any of this, you need ETH (ether) – the currency of Ethereum apps.

What’s the Difference Between Ethereum and Bitcoin?

With bitcoin being the most popular cryptocurrency, and ether being the second largest cryptocurrency by market cap, it’s only natural that people compare the two. Despite their competitiveness, ether and bitcoin share many similarities. They’re both decentralized (as in they’re not issued or managed by centralized authorities), they both use blockchains (a public, distributed ledger to verify transactions), and they’re both scarce assets (in August, the Ethereum network began burning ether every day).

Ethereum & The Future

Ethereum had an incredible year in 2021. As a matter of fact, the price of ether increased over 700% since the start of the 2021, outpacing bitcoin’s growth rate. With this hyper-growth, many people are now wondering if there’s any room left for Ethereum to grow in 2022.

FAQs

WHY BUY ETHEREUM?

Ethereum is a great way for investors to diversify their portfolio by having non-traditional assets (ether) mixed in with traditional assets (gold, real estate, stocks).

WHY IS KYC (VERIFICATION) REQUIRED?

Netcoins USA is a licensed money service business under FinCEN, we adhere to the strict guidelines set by them for Money Transmitter Businesses. We are required to have a Know-Your-Customer (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers, as per American regulations.

WHAT DO I NEED TO PROVIDE FOR YOUR VERIFICATION PROCESS?

You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process.

HOW CAN I FUND MY ACCOUNT?

Your Netcoins account can be funded with a crypto deposit, regular ACH, ACH pre-funding or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy ETH in the USA.

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