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How to buy Ethereum in Netherlands

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Ethereum

Ethereum is a decentralised platform that operates on the basis of so-called "smart contracts". It is the second most popular and capitalised cryptocurrency in the world. In comparison with bitcoin its way of storing information allows transactions to commit several times faster.

Altcoins are becoming more popular, and in 2022 many countries include them in the list of official means of payment. The Netherlands is very positive about cryptocurrency. In the country there is the city of Arnhem, where you can pay for almost everything with cryptocurrency. However, there is no official regulation of cryptocurrencies at the state level, but the government is going to change this soon by introducing laws based on the experience of other European countries. Experts suggest the income from transactions with cryptocurrency will be taxed, and crypto organisations will necessarily be licensed.

The Itez service will help you buy Ethereum in the Netherlands with a bank card. The purchase will take a few minutes. You can find the detailed instructions 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

The Netherlands has a developed banking system. It is used by both residents and non-residents of the country. The country's capital Amsterdam is known as one of the largest centres of the financial world. The Dutch government is gradually liberalising the country's banking system, allowing it to develop more and more. Now шt is becoming more digitised and comfortable, attracting a lot of foreign investors and customers.

The largest banks in the Netherlands included in the world rankings are the following: ABN AMRO, Amsterdam Trade Bank, ASN Bank, Rabo bank, Bunq, etc.

Bank cards

In Itez, you can buy Ethereum in the Netherlands from any bank card, whether debit or credit. You can pay in euros or dollars. It is possible to use Visa, Mastercard, Maestro, American Express payment cards, as well as virtual Google Pay, Apple Pay, Samsung Pay.

How to store Ethereum

Now cryptocurrencies are becoming more and more popular, and the issue of their storage is no less important than the issue of a purchase. For that reason crypto wallets exist. Their main feature is decentralisation and a multi-stage information protection system. It means that only you will have access to the funds. Such protection is provided by a private key, a seed phrase and other authentication methods that will definitely keep altcoins safe. You can choose the most convenient wallet on the official page of Ethereum via the link: 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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