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How to buy Ethereum in Georgia

Georgia
Ethereum

Cryptocurrencies, primarily bitcoin and Ethereum, are becoming increasingly popular around the world as a profitable investment that can store and increase capital. Moreover, in many countries cryptocurrency is already used as a legal payment instrument along with conventional currencies.

Today Georgia is in second place in the top of the leading countries in mining, and interest in cryptocurrency among residents of the country is constantly growing.

Since, according to experts, Ethereum will soon be able to become the dominant cryptocurrency and take the place of bitcoin, recently it has become the cryptocurrency that is being chosen for investment.

Buying Ether in Georgia for larry, dollars, rubles or other currency is not a problem. In our instructions, we will tell you how to make a purchase easily and quickly using a bank card and the Itez service.

How to buy Ethereum on Itez:
step-by-step instruction
1.

In order to buy Ethereum, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of ETH based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 50 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €50. Well, in our instructions, as promised, we will go through all the stages of purchase ETH for dollars step by step.

2.

After converting the currency to ETH, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.

3.

Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.

4.

Specify the purchase amount in the Itez dialog box. Copy the recipient address - your Ethereum wallet - from the “Accept” section.

Important: you should not manually copy the Ethereum wallet address. The blockchain system does not give any information about Ethereum addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.

For example, this is how the copy address button looks like in the Exodus wallet:

5.

After copying the Ethereum wallet address, paste it into the dialog box.

Check your data — it is important to make sure that the address is entered correctly.

6.

After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.

7.

Push the “Pay” button and enter the one-time bank code in the following window. 

After making a payment on the Itez website, you will immediately be able to see the Ethereum in your wallet.

8.

The transaction will first wait for confirmations from the blockchain network.

In the Etherium network, confirmation is quite fast and in most cases takes no more than a minute.

Banks

Georgian banks have gained the trust of users not only due to their reliability, but also due to the policy of opening personal and corporate accounts to non-residents, as well as by creating the most loyal conditions for the convenience of buying and selling cryptocurrencies.

Currently, 14 of the country's 15 commercial banks are owned by foreign shareholders. The top five in terms of assets include TBC Bank, Bank of Georgia, Liberty Bank, Basys Bank and VTB Bank-Georgia. At the same time, users of other banks such as ProCredit Bank, Cartu Bank, Credit Bank, Silk Road Bank can also expect a high level of service when buying cryptocurrencies.

Bank cards

In Georgia, you can buy Ether for Larry, dollars, rubles using global payment systems such as American Express, Visa and Mastercard – both debit and credit cards are suitable for this. You can also use other world-standard cards available in the country, as well as the Apple Pay digital payment system.

How to store Ethereum

When buying cryptocurrencies, you need to know how to safely store your digital coins. Thanks to such an important feature of Ethereum as decentralisation and multi-stage information protection technology, you can be sure of the safety of your savings. No one except the owner of the wallet can use the funds, as they are securely protected by a private key and a passphrase. You can choose a suitable wallet for storing Ether on the website ethereum.org/wallets

Itez
About Itez:

Itez is an instant ethereum purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?

First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The time of receipt of Ethereum to the client's account is no more than a minute). Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the ETH value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final ETH, USDT value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.

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