and how to buy in Canada
Netcoins is the easiest, most trusted way to buy Ethereum in Canada.
Ethereum is the second largest cryptocurrency right after Bitcoin, with a market cap of over $35 billion CAD. Ether and Ethereum are often used interchangeably but they’re actually different. “Ethereum” is the name of the blockchain, whereas Ether (ETH) is the digital asset, the native cryptocurrency to the Ethereum blockchain. In most cases (including here at Netcoins), when we say Ethereum, we’re referring to the cryptocurrency.
ETH just like Bitcoin, is digital money that can be sent over the internet instantly and cheaply. It’s also used in many decentralized applications built on the Ethereum blockchain. Launched in 2015 by Vitalik Buterin, the Ethereum blockchain was created to disrupt and decentralize more than just money.
1 ETH = CAD$10,000
1 ETH = CAD$10,000
Why buy Ethereum (ETH)?
ETH shares many of the same features as Bitcoin. It exists digitally, and can cross global borders instantly and at extremely low costs. Many people buy Ethereum and use it to make payments or as a store of value. It’s a great way to diversify your holdings as well!
Many apps today are built and powered by smart contracts (unchangeable computer programs) on the Ethereum blockchain.
These smart contracts help exchange money, property, shares, records, or anything of value in a transparent way, which is why some people believe that Ethereum has the potential to replace some traditional service models. It’s important to note that you need to buy ETH to use some Ethereum-based applications.
No single institution or person controls the Ethereum network, which helps maintain its integrity. Like Bitcoin, Ethereum is a distributed public and open blockchain network, that is managed by its users.
You can buy Ethereum (ETH) in fractions, with the smallest unit being called a Wei. This allows for micro-transactions and allow investors to start small on Netcoins. Large trades are not uncommon either.
Ethereum is programmable, which means that developers can use it to build new kinds of applications to gain benefits of cryptocurrency and blockchain technology. You can build apps on a global computational network!
Smart contracts are auto-executing and allow Ethereum applications to run exactly as programmed without the possibility of downtime, censorship, fraud or third-party interference. This makes it tamper-proof.
How much Ethereum can I buy?
You don’t need to buy 1 entire ETH to get started!
You can buy fractions of Ethereum. In fact, the smallest possible unit of ETH is called a Wei (18 decimal places). Many beginners start their Ethereum journey by buying small amounts.
You can start as small as $50, or invest up to $10 million with Netcoins.
0% Funding Fees
Enjoy free Interac e-Transfers, or fund via online bill payment, wire or a cryptocurrency deposit.
Trade Ethereum (ETH) easily and quickly with a click of a button. Get live prices and instant quotes.
Cash out your fiat with free Interac e-transfers or a wire, or securely withdraw your ETH to an external wallet.
How to buy Ethereum (ETH) on Netcoins
Just follow these simple steps:
Step 1: Sign up
Create an account or login by heading to netcoins.app.
Step 2: Get verified
Get verified in as little as 2 minutes. Most Canadians can get fully verified without having to upload any ID.
Step 3: Fund your account
Fund with fiat (Canadian dollars or USD) or cryptocurrency. Zero fees imposed by us for crypto deposits, Interac e-Transfers, online bill payments and wires.
Step 4: Buy Ethereum (ETH)
Trade whenever and wherever you want.