When choosing low-cost broker that is regulated by the FCA, you can buy Ethereum in the UK in cost-effective and secure way.

This guide not only discusses where to buy Ethereum in the UK, but how to complete your purchase under five minutes.

How to Buy Ethereum UK in Under 5 Minutes – Quick Guide

Follow the simple step-by-step guide below to learn how to buy Ethereum in the UK under five minutes.

• Step 1: Open an eToro Account: Head over to the eToro website to open account.
• Step 2: Deposit Funds: This FCA-regulated broker supports debit/credit cards, as well as e-wallets and UK bank transfers. Deposit from $10 (about £7) to finish account opening process.
• Step 3: Find Ethereum: To find Ethereum on the eToro website, type ‘ETH’ into the search bar and click on ‘Trade’.
• Step 4: Buy Ethereum UK: Finally, enter your investment stake from $10 or GBP equivalent upwards click on ‘Open Trade’ to confirm the purchase.

Where to Buy Ethereum UK

If you’re wondering where to buy Ethereum in the UK, you are best off sticking with broker that is licensed by the FCA.

Your chosen platform should also accept your preferred payment method and offer competitive commission fees.

Read our reviews below to decide on where to buy Ethereum in the UK today.

1. eToro – Best Place to Buy Ethereum UK for 2022

eToro offers the overall best place to buy Ethereum in the UK. At this platform, you will have the safety of the FCA behind you, as eToro is a fully-licensed brokerage. Moreover, the platform is also regulated by the SEC, ASIC, and CySEC. You can buy Ethereum in the UK here on spread-only basis, which means that you only have to cover the bid/ask mark-up.

You can also buy Ethereum from minimum of just $10 (£7) -eToro. In terms of security, your ETH tokens will be safely stored by eToro until you are ready to cash out. eToro offer free crypto wallet.

You can do this instantly with a debit card ,e-wallet, or wait a few days by transferring funds from your bank account. At eToro, you can also invest in stocks and ETFs, and trade currencies, indices, and hard/soft commodities. Plus, eToro also offers Copy Trading tools, which allows you to invest passively.

Buy ETH UK on eToro Now

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

2. Binance – Top Exchange to Swap Bitcoin for Ethereum

Some of you reading this guide might already own allocation of Bitcoin. And if this is the case, you can swap your BTC tokens for ETH in just few clicks at Binance crypto exchange. In fact, as you will not be depositing or withdrawing funds with fiat money, you only need to provide an email address when you register.

Furthermore, by swapping BTC – or any other supported digital currency for that matter, you will only pay a commission of 0.10%. On the other hand, if you want to buy Ethereum in the UK with debit/credit card, this is also option at Binance. However, fees can be high, depending which third-party payment processor you use.

Another thing to mention about Binance is that although exchange isn’t regulated, it does offer number of crucial safety features. This includes requirement to complete a 2FA process on each log-in and withdrawal request. If logging in via the Binance app, then you will need to verify access by entering unique code sent to your email address.

Buy ETH UK on Binance

Your capital is at risk.

3. Coinbase – Great Place to Buy Ethereum UK as a Newbie

If you’re wondering where to buy Ethereum in the UK with little to no knowledge of cryptocurrency trading – consider Coinbase exchange.

Beginners will find main Coinbase website easy to use. The trading fees are lower however on their separate cryptocurrency exchange Coinbase Pro – 0.1% maker and taker fees.

Before you can buy Ethereum in the UK with pounds and pence, you’ll need to register with Coinbase and upload copy of your passport or driver’s license.

Coinbase will usually verify your ID document instantly. If you’re looking at how to buy Ethereum stock, you can actually invest in Coinbase shares. The share value of Coinbase will, however, correlate to the broader crypto markets as opposed to just Ethereum. Nonetheless, all crypto assets at Coinbase can be purchased from just £2.

We also like Coinbase for its commitment to keeping your digital currency investments safe. Some of the security tools offered by this exchange include IP address and device whitelisting, 2FA, and cold storage. Finally, Coinbase also offers crypto debit card that allows you to spend your tokens in the real world.

Buy ETH UK on Coinbase

Your capital is at risk.

What is Ethereum?

Ethereum is second-largest blockchain project in this industry for market capitalization behind Bitcoin.

The blockchain specializes in smart contracts, which allows users to perform transactions above and beyond just financial payments.

More specifically, when deploying smart contracts, parties can enter into agreement without needing to trust one another.

This is because smart contracts are defined by code, which can’t be amended or manipulated.

As such, the smart contract only executes transaction when predefined conditions have been triggered.

This next-level technology has resulted in huge demand for Ethereum, with the digital currency since hitting highs of nearly $5,000 per token.

Why Is Ethereum a Good Investment?

Some market commentators argue that Ethereum is good investment for number of reasons. First and foremost, Ethereum has generated returns of over 25,000% since the blockchain project was launched in 2015. During the same period, Bitcoin has increased by 3,700%.

Another reason more people are looking to invest in Ethereum in the UK and worldwide is that the blockchain will soon be migrating to proof-of-stake. Called as Ethereum 2.0 – this will allow the blockchain to facilitate more transactions per second and at a cheaper rate.

Ethereum Price?

When Ethereum was first launched onto public exchanges in 2015, you would have only paid $0.75 per token.

Considering that Ethereum has since hit all-time highs of just under $5,000 per token, this represents unprecedented growth under seven years of trading. Currently the ETH price is just over $3,000.

An important point to note about the Ethereum price is that this crypto asset is often quoted in US dollars.

With that said, you can still deposit funds in GBP at an FCA-licensed broker like eToro.com – so this won’t hinder your ability to buy Ethereum in the UK.

Ethereum Price Prediction 2022

Considering that the digital asset is second-largest cryptocurrency for market capitalization, you will come across many articles and YouTube videos that focus on Ethereum price predictions.

Some investors speculate that one day ETH will overtake or ‘flip’ the marketcap of BTC in an event referred to as the flippening.

There are many viewpoints when it comes to Ethereum price predictions. In the short-term bullish investors expect the price of Ethereum to reach $6,000.

Best Ethereum Wallet in the UK

Virtually all crypto wallets offer support not only for Ethereum but all ERC-20 tokens. If you’re looking for the best Ethereum wallet for beginners, eToro is great to consider.

When you buy Ethereum in the UK via eToro, the tokens will immediately be added to your portfolio.

Your tokens will be safeguarded by eToro’s institutional-grade security protocols. When you decide to sell Ethereum for cash, you can do in a few clicks on the eToro crypto platform.

Conclusion

You now know the required process of how to buy Ethereum in the UK can be both safe and cost-effective when choosing the right broker.

The best way to buy Ethereum today is through the FCA-regulated broker eToro, where you can invest in ETH tokens in a matter of minutes with a minimum deposit of only $10 (£7).

Buy Ethereum on eToro

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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