How to buy Ethereum in Germany
Cryptocurrency in the unstable modern world is gradually becoming more and more popular. The advantage of this type of investment is the independence of blockchain technology from state-owned global economies, as well as constant growth and impressive capitalization. Ethereum is one of the most popular cryptocurrencies in the world after bitcoin, while it is much more technologically advanced compared to its predecessor. Ether is based on a system of so-called “smart contracts” that allow transactions to take place at lightning speed, and they also make it possible to borrow coins with subsequent profit.
Germany is one of the first EU countries to begin the process of state regulation of cryptocurrency flows, which gives citizens the opportunity to legally use Ether and any other coins, and also provides the state with dividends such as taxes. According to the laws of the country, everyone has the right to buy and sell cryptocurrency, own it and profit from capitalization. You can also run a crypto business.
There are no obstacles to buying Ethereum in Germany. It is really easy to make a deal with the help of the Itez service, which makes it possible to carry out the very first operation to purchase cryptocurrency in just a few minutes. Detailed instructions are below.
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 30 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.
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.
Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.
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:
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.
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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.
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.
The transaction will first wait for confirmations from the blockchain network.
On the Ethereum network, confirmation is quite fast and in most cases takes no more than a few minutes.
The German banking system is progressive in economic and technical terms. In addition, it is very stable and is considered to be one of the best not only in Europe, but all over the world. There are a lot of banks in Germany, nearly 750 departments. Many of them run not only on the territory of the country, but also in other states. The ranking of the best financial institutions in the country includes Bayerische Landesbank, Commerzbank and Deutsche Bank, Sparkasse and Postbank.
The Itez service allows you to buy Ethereum in Germany using a debit or credit card of the above-mentioned banks, as well as any other, both state and commercial. The main thing is that your card must be attached to one of the most popular payment systems in the world, such as Visa, Mastercard, Maestro or American Express. It is also possible to pay using Google Play, Apple Pay and Samsung Pay. Payment can be made in dollars, euros and other national currency.
Before buying Ethereum cryptocurrency for the first time, you need to register a crypto wallet, which will receive coins after payment. Crypto wallets can be desktop, virtual and hardware, just like any other banking system that simplifies interaction with funds. First you need to choose any wallet that is most convenient for you on the official cryptocurrency website ethereum.org/wallets and then go through a simple registration procedure, in which it is important to come up with a strong password and to write down the seed-phrase that will be offered by the service.
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 value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.
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