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How to buy Ethereum in Israel

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Ethereum
Ethereum

In the modern world, an increasing number of users prefer electronic money, linking this with the rapidly growing performance and functionality. At the moment, transactions are made from anywhere in the world, but there are states that work with cryptocurrency not only as payment. One of these countries is Israel. Despite the fact that in this country, income from digital assets is subject to taxation on a par with the turnover of securities, Israel issued an internal digital currency based on cryptocurrency, in particular, on the basis of Ethereum. Such a move by the Israel government leads to the establishment of a more progressive economic system, which is currently ten years behind other countries.

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.

 

Don't have a crypto wallet? 

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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

Despite the fact that the Israel government is wary of Ethereum, considering it a digital asset, clients of banks are striving to make their finances more independent of the economic system. Israel strives to occupy a leading position in the global market. That is the reason why Israel banks are focused on ensuring that users, regardless of the chosen bank, receive service of the same quality.

Bank Hapoalim, the bank with the highest level of service for customer settlement accounts, and the national bank Leumi Bank Israel, which successfully operates in the field of commercial banking, are considered leaders in work with the clients. Other active banks include IsraelDiscountBank and Mizrahi-Tefahot Bank, which specialize in consumer loans and long-term home loans.

Payment options

In Israel, the use of credit cards of the largest payment systems American Express, Diner's Club, Visa, Mastercard and Eurocard is widespread. To buy Ethereum through the Itez certified service, any world-class credit and debit cards available in Israel are suitable.

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How to store cryptocurrency

Cryptocurrencies are stored in specialized wallets equipped with multilayered information security systems and provide convenient access to assets. If you're searching for the ideal cryptocurrency wallet, Itez Wallet is your choice. Our service brings together users from different countries with varying levels of cryptocurrency knowledge. Training programs, tips on fees, and round-the-clock support will help you take your first steps in this world and become an experienced crypto enthusiast.

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 value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.