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How to buy Ethereum in Vietnam

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Ethereum

Now cryptocurrencies are in great demand among people all over the world. Especially this concerns Bitcoin and Ethereum, which were created about 10 years ago. Nowadays they are causing a very strong interest, because they allow businessmen, large and small companies and ordinary users to save and increase their capital. Cryptocurrency gives people the opportunity to independently manage their money and to have access to it at any time without any intermediary such as a bank or the state.

Vietnam is quite a modern and digitalised country. It is noticeable that about 64 million Internet users live there. Also it is known that about 41% of people in Vietnam own cryptocurrency. In 2021 citizens of Vietnam started to buy cryptocurrencies four times more, and the daily average value of transactions costs reached $15 billion. Experts claim that the youngest generation of Vietnam will transform the country's economy from ordinary to digital. Logically, the government of the country is preparing to legalise cryptocurrency in order to speed up existing processes.

You can buy Ethereum in Vietnam with a common bank card in Itez. Our service allows you to make a purchase for euros, dollars, Vietnamese dong. Detailed instructions can be found 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

It is obvious that Vietnam's banking system is two-tiered. The first level is the main State Bank of Vietnam, and the second consists of commercial financial institutions. Now Vietnam is developing a policy aimed at stabilising the macroeconomics, focused on reducing inflation and attracting foreign direct investment.

The tops of the ratings usually include Vietcombank, Vietinbank, Techcombank, MBBank, ACB, VPBank, BIDV, TPBank, HDBank and Agribank.

Bank cards

We accept debit and credit, real and virtual bank cards of all the above-mentioned and other Vietnamese banks for payment. We work with Visa, MasterCard, Maestro, American Express payment systems. Also, payment can be made using convenient services like Google Pay, Apple Pay, Samsung Pay.

How to store Ethereum

Any cryptocurrency is stored with special crypto wallet services. You should register your wallet before buying Ethereum. In the modern world, there are many such services, and user can choose the way to store assets to his aims. The common feature of all these services is a multi-stage system for protecting information, allowing you not to doubt the security of your crypto capital. You can choose the most convenient wallet for storing Ethereum on the official website in the “wallets” section: 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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