How to buy Ethereum in Portugal
Ethereum, the second most popular and capitalized cryptocurrency in the world, has gained rapid popularity due to its versatile features and potential for decentralized applications. Unlike Bitcoin, Ethereum operates on a blockchain platform that enables developers to create and deploy smart contracts and decentralized applications (DApps), while also providing users with complete transaction security and protection against external interference and censorship. In 2014, Ethereum was informally called "the next generation of bitcoin" or "Bitcoin 2.0".
As the platform continues to develop rapidly, the process of buying ETH is becoming more accessible, including for those residing in Portugal. The country has a variety of cryptocurrency exchanges catering to both local and international investors, and Portugal's tax incentives make it an attractive destination for those interested in buying and selling digital assets.
To buy Ethereum in Portugal, one o ption is to use the Itez.com service. On our convenient platform, you can buy ETH with a bank card, debit or credit, for euros, dollars or other currencies, and a simple step-by-step instruction will help you navigate during the first purchase.
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.
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.
Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.
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:
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.
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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.
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.
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.
The Portuguese banking system has a rich history intertwined with the country's economic development. While staying true to tradition, it actively adapts to the changing environment and embraces the latest technological advances, including cryptocurrencies and blockchain technology. Major banks in Portugal, such as Banco Comercial Português (Millennium BCP), Caixa Geral de Depósitos (CGD), Novo Banco, Banco Santander Totta, Banco BPI, and Crédito Agrícola, have shown a positive attitude towards cryptocurrencies and their potential. These banks have acknowledged the growing demand for digital assets and have taken steps to integrate cryptocurrency-related services into their offerings. Their proactive approach reflects a forward-thinking mentality, ensuring that Portuguese customers have access to a wide range of financial services, including the exciting world of cryptocurrencies.
In Portugal, international payment systems like Visa and Mastercard are widely accepted and integrated into various financial services, including cryptocurrency purchases on platforms like Itez.com. By linking their Visa or Mastercard to their Itez.com account, users can conveniently and securely buy cryptocurrencies, such as Ethereum, with ease. In addition, our service works with other popular payment systems such as American Express and Maestro, and you can also pay for the purchase of cryptocurrency using the usual Google Pay, Apple Pay and Samsung Pay virtual cards.
Storing the Ethereum cryptocurrency requires a serious and careful approach to protecting digital assets. There are several ways to store cryptocurrencies, each of which has its own advantages. For example, using a hardware wallet provides increased security and reliability, as the keys are stored offline. On the other hand, software wallets allow you to conveniently access ETH through desktop or mobile apps. It is essential to choose a wallet that suits individual needs and to follow best practices, such as keeping backups of wallet credentials and enabling additional security features, to ensure the safety of Ethereum holdings.
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.
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