What is Ethereum | How to Buy Ethereum in India

What is Ethereum | How to Buy Ethereum in India
2 min read
08 December 2023

Ethereum:

Ethereum is a decentralised network that can be used to create decentralised applications (Dapps) like Uniswap, crypto kitties etc. It is an open source blockchain platform, it has a native cryptocurrency called ether(ETH)

Now let us see, How to Buy Ethereum in India:

Select a cryptocurrency exchange platform:

Choose a Koinpark platform, a leading global cryptocurrency exchange that functions in India

Create an account:

Create an account on the cryptocurrency exchange platform by entering the necessary information and submitting the required documents for account verification.

Deposit Funds:

Add fiat currencies like Indian Rupees (INR) to your exchange account. Various deposit methods offered by Koinpark exchanges, including options like bank transfers.

Navigate to Ethereum (ETH):

Find Ethereum (ETH) on the Koinpark exchange platform, typically listed within the trading pairs section.

Initiate an order:

Select the order type you prefer, either a market order ( Buy Ethereum at the current market price) or a limit order (specify a particular price at which you wish to purchase Ethereum).

Fix the Quantity:

Indicate the amount of Ethereum you wish to  purchase in ETH to INR, depending on the exchange interface

Re check and Confirm:

Re check your order details, encompassing the quantity and price. Once reviewed, confirm your purchase.

Safe storage in Secure Wallet:

Transferring your purchased Ethereum to your secure wallet for added security. Hardware wallets like Ledger and Software wallets like Park wallet are well preferable options.

For more details: https://www.koinpark.com

Trade Now: https://www.koinpark.com/trade/ETH-INR

Download App Now: cryptocurrency exchange app

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Eddie Barret 2
Joined: 5 months ago
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