What's the easiest way to buy Ether with USD?
Kenneth Often advertised as a “world computer,” Ethereum is rather a software that enables new kinds of programs to be run on its global network of computers, programs that, like Bitcoin transactions, cannot be censored or shut down due to the distributed nature of its design.
This is why hundreds of new cryptocurrencies have been so far released on top of Ethereum, some of which you can buy on Kraken including Augur, Basic Attention Token and more.
For those of you who are new to the world of cryptocurrency, we’ve put together this handy guide to teach you how to buy ether, Ethereum’s cryptocurrency, quickly, easily and securely.
visit here to exchange bitcoin to visa
Why buy Ether?
Today, the Ethereum blockchain is used to power applications that do everything from automate financial services (such as lending and borrowing) to enable blockchain versions of traditional currencies (like USD-C and Paxos Standard).
As these crypto assets run on Ethereum, they need to buy and spend ether to use Ethereum’s computing network, creating demand for the asset. This has given rise to the idea that ether is akin to a digital oil, a finite resource that must be used to generate economic activity.
Where to buy Ethereum
There are a number of ways to buy ether. For example, you can purchase it directly from another individual in person or over the web. You can also try to locate a crypto ATM near you. However, many find that it is easiest to purchase it through an exchange, like Kraken.
Aside from offering a simple interface and the lowest fees in the industry, Kraken is constantly rated one of the most secure and trusted crypto exchanges in the world. This matters because if you lose the private key to your ether it is nearly impossible to recover your losses.
At Kraken, we take security seriously, with state-of-the-art technology and procedures that protect client funds. We do not compromise when it comes to security, and neither should you.