The UK Financial Conduct Authority (FCA) has announced that it will not regulate major cryptocurrencies. In most cases, Ethereum is used as a medium of exchange and, as a result, does not fall under the regulatory jurisdiction of the FCA.
Thanks to the clear position of Ethereum in the country, exchange services have become widespread. Statistics show that for residents of the United Kindom, the clarity of the acquisition of cryptocurrency is of particular importance. Itez offers users a convenient platform for working with digital assets and fast transaction processing, which makes the process of buying Ethereum extremely accessible.
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.
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.
UK banks are among the oldest financial institutions in the world. Apart from the Bank of England, which supports and regulates the exchange rate of the national currency, the following is deservedly considered the largest banks in the country: HSBC is one of the largest financial organizations in the world; Royal Bank of Scotland, 84% owned by the UK Treasury; Lloyds TSB is a bank with over 18 million customers and Halifax is a bank with customers in England, Northern Ireland, Scotland and Wales.
The most common way to store money is to use MasterCard, American Express and Visa payment systems. In addition, the contactless card system is gaining popularity in the UK, and online payment services are also widely used, which focus on payments within the country and allow transactions around the world.
In order to protect users from financial losses, it is recommended to store digital currencies in an electronic wallet account, a special tool from which it is impossible to withdraw funds without informing the owner. The user can get acquainted with wallets for Ethereum at the link: https://ethereum.org/en/wallets/
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.