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How to buy Ethereum in Moldova

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Ethereum

Ethereum is a popular cryptocurrency that was created some time after the appearance of bitcoin on the world market. Ether has similarities with its predecessor, which lie in the very idea of digital money, as well as in the instability of the exchange rate, which is constantly growing. However, there are more differences between them than similarities: if BTC is just a cryptocurrency, then ETH is a platform for performing various actions, created not only for storage and exchange, but also for depositing, lending, signing contracts using a smart contract system. If we talk about ordinary users, then any cryptocurrency may be suitable for investment, since in this case the difference between cryptocurrencies and fiat currencies in general comes to the fore, and it lies in the freedom of crypto flows from the actions of banks and states. Nevertheless, the advantage for the user when choosing between bitcoin and Ether will be the high speed of obtaining ETH.

Moldovan citizens are interested in cryptocurrencies because they do not depend on state-owned banks. The Ether, which is not affected by the politics and economy of any country, allows Moldovans to preserve and even increase the accumulated capital.

The Itez service will help you buy Ethereum in Moldova from a bank card. You can buy Ether for Moldovan lei, as well as for dollars or euros. Our step-by-step instructions will help your first transaction to go smoothly and quickly.

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

At the moment, Moldovan banks do not have the trust of citizens. This situation is due to internal political reasons. The crisis hinders work in all areas and has a great impact on the economic side. Nevertheless, financial institutions continue to work hard to provide a high level of service to all customers. The largest and most promising bank in Moldova is MAIB, it serves about ⅕ of the entire population of the country. Other popular banks are Moldova-Agroindbank, Mobiasbanca-Groupe Societe Generale, BCR Chișinău и Energbank.

Bank cards

We accept debit and credit cards from all the banks listed above. We work with Visa, Mastercard, Maestro, American Express, it is also possible to pay for a purchase using Google Pay, Apple Pay, Samsung Pay.

How to store Ethereum

When buying Ethereum cryptocurrency for the first time, anyone has an obvious question about how to store it. The answer is simple: with the help of a crypto wallet. There are three types of crypto wallets for storing Ether: hardware, desktop and online wallets. The desktop is considered to be the most convenient and reliable. In this case, the storage program is downloaded to the computer, and only its owner has access to the assets. Anyway, when registering in each type of wallet, you need to come up with a strong password and to activate two-step authentication, as well as to write down and hide in a safe place a seed phrase that will help to restore the password in case of loss of access. You can get acquainted with the list of crypto wallets for storing ether here: 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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