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How to buy Ethereum in Sweden

Sweden
Ethereum

Sweden is one of the first countries in Europe to consider the introduction of cryptocurrencies as a means of paying for goods and services. At the moment, about 90% of payments in the country are made using non-cash payments.

According to the Swedish authorities, this attitude towards digital currencies leads the state to a new stage of progress. Due to the fact that the Swedish legal system does not prevent the acquisition and exchange of cryptocurrencies and is working to create a local digital currency, Sweden is deservedly considered the most stable country for interacting with Ethereum, one of the largest cryptocurrencies in the world.

Stability also applies to the choice of platform for acquiring and exchanging cryptocurrencies. The well-known Swedish level of customer service implies the security provided to users by the official service called Itez. Interaction with this service is similar to working with an electronic exchanger: to buy Ethereum, a client needs to go through a few simple steps according to the instructions.

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 50 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.

In the Etherium network, confirmation is quite fast and in most cases takes no more than a minute.

Banks

The banking sector in Sweden is known for its diversity and customer friendliness. Each bank provides a high level of service when buying Ethereum, which increases the number of users around the world. Banks building a friendly policy towards cryptocurrencies include Danske Bank, Swedbank, Nordea, Handelsbanken, SEB, Lansforsakringar Bank and others.

Bank cards

Due to the wide choice of financial institutions in Sweden, a variety of payment systems are in demand. In addition to international Visa and Mastercard, the customers of Swedish banks can use the local Swish system to purchase cryptocurrency, which makes the process of acquiring Ethereum in the country comfortable and safe.

How to store Ethereum

To store such a valuable resource as Ethereum, the user needs to use the services of an electronic wallet: a special tool for working with cryptocurrency. The features of the most popular electronic wallets can be found at the link below: https://www.upgrad.com/blog/best-ethereum-wallet/

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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