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How to buy Ethereum in Indonesia

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Ethereum

Ethereum has a second place in the world of cryptocurrency after bitcoin for the number of transactions. For 7 years Ether was waiting to come on the stage, and now it finally became popular among users all over the world. This cryptocurrency is used by ordinary people as well as by huge companies and advanced programmers. The privilege of Ether for the other currencies is a lightable fast speed of transactions and an opportunity to use a smart-contract system that allows to sign papers without harm for trees and communication with lawyers. Ether is a really convenient way to store some part of your funds.

The position of the Indonesian government towards cryptocurrency is not clear. On the one hand, by winter 2022 the country's financial regulator OJK banned all the financial organisations from using, selling and facilitating cryptocurrency trading. On the other hand, trading in cryptocurrency assets is still popular in the country, and the number of transactions increases every month.

Itez service will help you to buy Ethereum in Indonesia. You can do it with your bank card and for Indonesian rupiah. Everything will pass quickly and easily. The detailed instructions are below.

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 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.

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.

On the Ethereum network, confirmation is quite fast and in most cases takes no more than a few minutes.

Banks

Banking system in Indonesia was formed in the early 2000s. Now it is mature, providing consumers with quite modern and digitised service. Noticeable that in the spring of 2022 Forbes magazine included banks of Indonesia in the list of the best financial institutions in the world. Those mentioned were Bank Central Asia and DBS Bank, as well as Bank Mandiri, BSI, Bank Jago, BCA Syariah, BRE, Bank Panic, Bank DCI.

Bank cards

With convenient Itez service you can buy Ethereum in Indonesia from a debit or credit card of any bank mentioned above. Your card can be either real or virtual, also we accept Google Pay, Apple Pay, Samsung Pay. We work with the most popular payment systems in the world such as Visa, Mastercard, Maestro, American Express. The currency of payment can be euros, dollars or Indonesian rupiah.

How to store Ethereum

Users store Ether with crypto wallets. Those are special services that provide easy and convenient access to assets. Wallets allow to track capital gains, as well as to perform different actions with coins. Crypto wallets are a really reliable way to store cryptocurrencies thanks to a multi-stage information protection system consisting of a user password, a seed phrase and two-factor authentication via SMS or an email. You can choose the most suitable service on the official website of Ethereum: 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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