Buy Ethereum with a Credit Card
You can buy ETH for USD and other fiat currencies here at SwapSpace! We provide an easy way to do that via one of our partners, such as Mercuryo, Guardarian, or Simplex, with a few simple steps right on this page. You can also look at Ethereum price dynamics and history, get some answers to your questions, and find some useful links to read more about what is ETH.
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Ethereum Live Price Chart
ETH price can be volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering buying crypto.
What is ETH?
Ethereum, launched on July 30, 2015, by Vitalik Buterin, Gavin Wood, and Joseph Lubin, stands as a groundbreaking platform in the cryptocurrency realm. Its founders envisioned a decentralized network capable of executing smart contracts and decentralized applications (DApps), expanding the functionality beyond Bitcoin's primary focus as a digital currency. Ethereum introduced the concept of a Turing-complete blockchain, enabling developers to create complex smart contracts, automating a wide array of processes.
Key Features of Ethereum:
- Smart Contracts: Ethereum's most distinctive feature is its ability to execute smart contracts, self-executing contracts with the terms of the agreement directly written into code.
- Decentralized Applications (DApps): Ethereum facilitates the development and deployment of DApps, offering a decentralized alternative to traditional applications.
- EVM (Ethereum Virtual Machine): The Ethereum Virtual Machine is the runtime environment for smart contracts in Ethereum, providing the computational capabilities to execute code.
- ERC-20 Tokens: Ethereum's blockchain supports the creation and operation of ERC-20 tokens, which have become the standard for tokenized assets and crowdfunding projects.
- Proof of Stake (PoS) Transition: Ethereum is transitioning from Proof of Work (PoW) to Proof of Stake (PoS) consensus mechanism with Ethereum 2.0, enhancing scalability and sustainability.
Use Cases:
- Decentralized Finance (DeFi): Ethereum serves as the backbone for numerous DeFi projects, including lending, borrowing, decentralized exchanges, and yield farming.
- Non-Fungible Tokens (NFTs): Ethereum's ERC-721 standard has fueled the explosion of NFTs, enabling the creation and trading of unique digital assets.
- Supply Chain Management: Ethereum's smart contracts facilitate transparent and immutable supply chain management, ensuring authenticity and traceability of products.
- Gaming: Ethereum-based DApps power blockchain gaming, offering players true ownership of in-game assets and enabling new gameplay mechanics.
Security Maintenance:
Ethereum maintains security through a combination of cryptographic techniques, including hashing algorithms and public-private key cryptography. Additionally, ongoing research and audits contribute to identifying and addressing potential vulnerabilities.
Last Upgrades:
- London Hard Fork (August 5, 2021): Implemented EIP-1559, introducing a new fee structure and burning transaction fees to reduce ETH's supply inflation.
- Berlin Hard Fork (April 14, 2021): Optimized gas fees, introduced new features for developers, and improved network scalability.
- Istanbul Hard Fork (December 8, 2019): Enhanced network security and introduced several Ethereum Improvement Proposals (EIPs) to improve efficiency and interoperability.
Recent Developments:
- Ethereum's transition to Ethereum 2.0 continues with ongoing upgrades to the Beacon Chain and preparations for the merge with the existing Ethereum mainnet.
- Increased adoption of layer 2 scaling solutions, such as Optimistic Rollups and zk-Rollups, to alleviate congestion and reduce transaction costs.
- Integration of Ethereum in enterprise solutions, with companies exploring blockchain for supply chain management, identity verification, and tokenization of assets.
ETH Token:
- Purpose: ETH serves as the native cryptocurrency of the Ethereum platform, used for transaction fees, staking in Ethereum 2.0, and participating in decentralized finance applications.
- Type: ETH is an ERC-20 token on the Ethereum blockchain.
- Network: Ethereum's blockchain supports the creation and transfer of ETH tokens.
- Total Supply: The total supply of ETH is not capped, though it is subject to a decreasing issuance rate due to mechanisms like EIP-1559.
Average Ethereum Network Fee:
At the time of writing, the Ethereum price stands at approximately $3,500, with ETH to USD conversion. The average gas fee on the Ethereum network varies based on network congestion and demand, typically ranging from 20 to 150 gwei per transaction. This translates to approximately $15 to $100 USD per transaction, depending on the complexity and urgency of the transaction.
ETH Token Wallets:
- MetaMask
- MyEtherWallet
- Ledger Nano S
- Trezor
- Trust Wallet
Where and How to Buy ETH Coin:
Looking to buy ETH crypto? Several cryptocurrency exchanges offer ETH for purchase, including Binance, Coinbase, Kraken, and Bitfinex. However, for the cheapest way to buy Ethereum, consider using SwapSpace. SwapSpace aggregates rates from various exchanges, allowing users to find the best deal and seamlessly swap between different cryptocurrencies. Is now a good time to buy Ethereum? With ongoing developments in Ethereum 2.0 and increasing adoption in DeFi and NFTs, many investors view Ethereum as a promising long-term investment. You can buy ETH right here on SwapSpace — look below to find an instruction on how to buy Ethereum.
How to Buy ETH on SwapSpace
On this page, we put USD in the “You send” and ETH in the “You get” sections in the widget. USD is the default, but you can choose your preferred fiat currency. Put in the amount of fiat you want to spend. Next, press the ”View offers” button and choose a provider.
Fill in the “Enter the recipient address” field with the destination Ethereum address. Check the information carefully and click the “Next” button. After reading the special terms and conditions in the next window, click “Next” again.
At this point, you will either see our partner’s widget or be redirected to another page, depending on the chosen provider. You will be asked to verify your identity, as this is standard practice for the services that work with fiat money. Follow the provider’s instructions on the screen.
After completing the KYC procedure, fill in your credit card information. At this point, everything is in place and your transaction will start.
Wait for the transaction to process. You’ll see a message when it’s completed. A window with your transaction details will also appear; from there, you can also create another crypto-fiat exchange.
