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How to buy Ethereum in Montenegro

Montenegro
Ethereum

Cryptocurrencies are becoming really popular around the world as a profitable investment that can help to store and increase capital. The most popular ones are primarily BTC and ETH. Noticeable that in lots of countries cryptocurrency is already used as a legal payment instrument along with national currencies. Ethereum has big prospects: recently it has become the cryptocurrency that is being chosen for investment, and, аccording to experts, it will soon be able to become the dominant cryptocurrency and take the place of bitcoin.

Ethereum is popular among residents of Montenegro. In general, many Montenegrins buy cryptocurrency in order to preserve and multiply their assets. Cryptocurrency in Montenegro is officially legal and is subject to income tax. Recently, a special department of blockchain and cryptocurrencies was created in the country to control the movement of cryptocurrency flows in the country.

You can easily buy Ether in Montenegro for euros, dollars or other currency. In our instructions, we will tell you how to make a purchase safely and quickly using a bank card and our convenient 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 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

The Montenegrin banking system is aimed at obtaining foreign capital, which allows it to develop. Non-residents of the country can easily open an account with a local bank, it is enough to visit it once and bring all the necessary documents. The financial institutions of the country take care of their depositors and under any circumstances are obliged to pay an amount of at least 50,000 euros.

The following banks are considered the most popular in Montenegro: Erste Bank, Prva banka Crne Gore, Hipotekarna Banka, Lovćen banka, NLB Banka, Ziaraat Bank, CKB Banka.

Bank cards

In Montenegro, you can buy Ether for euros or dollars using popular all over the world payment systems such as American Express, Visa and Mastercard. Both debit and credit cards are suitable for this. Also, you can use other world-standard cards available in the country, as well as the common Apple Pay digital payment system.

How to store Ethereum

Before buying a cryptocurrency, you need to have a crypto wallet. It will help you to store your digital coins safely. Thanks to such an important feature of Ethereum as decentralisation and also to the wallets’ multi-stage information protection technology, you can be sure that your savings will be safe, and nobody 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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